What are the responsibilities and job description for the Jr. Reinsurance Accountant position at Berkley?
Company Details
Berkley Re is a specialty P&C reinsurer that provides solutions for insurers with a successful business model built upon specialization in the products they underwrite. Our experienced underwriting staff partners closely with clients to provide innovative reinsurance solutions that support profitable growth and financial stability over time. We are able to leverage deep institutional knowledge built up over 50 years of specialty underwriting and prudent capital management to expertly server out clients’ needs.
The company is an equal employment opportunity employer.
Responsibilities
We have an opportunity for a Jr. Accountant to join our Berkley Re America team. You will support the function of the Reinsurance Accounting Unit by striving for and achieving consistent results for goals established by the Department Manager. This position will be based in our Stamford, CT office (right across the street from the train station). We are open to recent college grads (2 year or 4 year) who are technically savvy and open to learn about reinsurance accounting.
We have a welcoming culture valuing our employees – we trademarked the phrase Everything Counts, Everyone Matters® to describe the Berkley commitment to our people and how we do business. We believe that every person in the organization is important and every accomplishment makes a difference in our results. Come join us!
Key functions include but are not limited to:
- Review, analyze and process premium and loss transactions
- Apply cash and manage aged premium receivable and overdue accounts
- Creation and application of disbursements in sub-ledger
- Production of monthly billing statements
- Communicate with Claims and Underwriting Departments to ensure accurate reporting of data
- Coordinating assignment of incoming accounts/cash in workflow system (BPMi)Use of workflow system to process receipts, disbursements and premium/loss transactions
Qualifications
- Associates or Bachelor's Degree in Accounting/Finance
- Recent college grads with an accounting major open to learn reinsurance; or 1-2 years in a general accounting related role
- Adept with technology, big data, accounting software and spreadsheet programs
- Advanced Excel skills
- Ability to adapt to changing departmental needs
- Must be a team player who demonstrates respect for others
- Attention to detail with strong observation skills
- Analytical skills to recognize inconsistencies and communicate issues effectively
- Adept with technology, accounting software and spreadsheet programs
- Familiar with document imaging and workflow systems
Additional Company Details
We do not accept any unsolicited resumes from external recruiting firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
