What are the responsibilities and job description for the Accounting Analyst I position at Everest Re Group, Ltd.?
Title:
Accounting Analyst I
Company:
Everest Global Services, Inc.
Job Category:
Finance
Job Description:
Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.
The Accounting Analyst I, Ceded Reinsurance will be responsible for assisting with the accurate Ceded processing, accounting, and analysis of our ceded reinsurance portfolio. This position reports to the Manager, Ceded Reinsurance Accounting (North America) and is a hybrid role based in Warren, New Jersey (3 days in office, 2 remote).
Responsibilities include but not limited to:
- Timely preparation of ceded accounts, bordereau production and recording of ceded payable and recoverable amounts.
- Collection and settlement of outstanding balances due to/from the company.
- Reconciliation and analysis of related accounts to the general ledger.
- Review reinsurance contracts and facultative certificate terms (Quota Share, Excess of Loss, Automatic Facultative, aggregates, retentions, inuring coverages, exclusions, adjustable features, etc.).
- Contact with claims and underwriting staff on related issues.
- Coordination with outside departments to ensure timely and accurate reporting.
- Maintain positive relationships with all reinsurance partners and appropriately represent the Company.
- Assist in maintaining Letters of Credit.
- Assist in additional projects as assigned.
Qualifications, Education & Experience:
- The successful candidate should have a BS/BA degree in accounting, finance or business. One (1) to Two (2) years of finance/accounting experience.
- PC skills; must be proficient in Microsoft Excel (PivotTables & VLOOKUPS).
Knowledge, Skills & Competencies:
- Strong organizational skills and the ability to effectively manage time and be able to multitask in a dynamic environment.
- Strong Analytical skills with the ability to collect, organize, analyze, and disseminate information with attention to detail and accuracy.
- Self-starter; capable of working both independently and within a team environment.
- Strong Interpersonal skills, excellent oral and written communication skills.
- High degree of flexibility and responsiveness to change in a fast-paced environment.
- Ability to work on multiple projects simultaneously under tight deadlines.
What if I don't meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.
Our Culture
At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click
here
to learn more about our culture.- Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
- Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.
All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.
#LI-Hybrid
#LI-VP1
Type:
Regular
Time Type:
Full time
Primary Location:
Warren, NJ
Additional Locations:
Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at everestbenefits@everestglobal.com.
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