Berkley Accident and Health is a risk management company that designs innovative solutions to address the unique challenges of each client. The Corporate Accountant will be responsible for accounting and reporting related to the Company’s direct insurance business activities, including daily maintenance of cash books, month-end reconciliations, and preparation of financial reports.
Responsibilities
- Participation in the Company’s monthly, quarterly and year-end accounting closings
- Daily maintenance of cash books for the business unit’s depository bank accounts
- Month-end reconciliation of cash books to the OPUS and DY Systems’ cash receipt registers and bank statements
- Recording and balancing of all insurance transactions into the general ledger
- This would include all direct insurance transactions from our David Young ESL Office system and the OPUS source system as well as all other insurance business reported into Berkley from the Special Risk segment’s various program administrators
- Recording of paid claims into the general ledger from the Company’s third-party administrators
- Preparation of the Positive-Pay reconciliation
- Prepares a variety of schedules, account analyses, and reconciliations to support financial activities and account balances reported in the general ledger
- Monthly production and distribution of list billing statements to brokers for premiums currently due
- Application of cash receipts to policyholder accounts in OPUS system
- Preparation of monthly AR aging reports for distribution to brokers in pursuit of overdue premiums
- Production commission expense checks through PeopleSoft® accounting system
- Provide support to the Finance team related to a variety of activities and special projects as may be required from time to time
- Establish and maintain positive working relationships with management, finance team members and all other company employees to further the company’s mission
Skills
- Bachelors degree
- Solid analytical and problem solving skills with a good understanding of internal controls
- Exhibits strong interpersonal skills
- Excellent organizational skills, with strong ability to multi-task
- Proficiency with Microsoft Excel
- Strong oral and written communication skills
- 1 to 3 years of relevant insurance industry accounting experience preferred
- Account major is preferred
- Experience with general ledger software, PeopleSoft and Oracle financial applications a plus
Benefits
- Health
- Dental
- Vision
- Life
- Disability
- Wellness
- Paid Time Off
- 401(k)
- Profit-Sharing plans
Company Overview
Berkley Accident and Health is a risk management leader that helps individuals, groups, employers, and healthcare organizations to better understand and manage their risk. It was founded in 2006, and is headquartered in Hampton, New Jersey, USA, with a workforce of 201-500 employees. Its website is http://berkleyah.com.