Financial Analyst - Reinsurance - Blue Bell, PA

PMA Companies - Blue Bell, PA

Full-time - Entry Level

Blue Bell, PA

Insurance Carriers and Related Activities

About the position

The Financial Analyst - Reinsurance position at PMA Companies involves managing various accounting tasks related to reinsurance operations. The role focuses on preparing journal entries, reconciliations, and reports, while ensuring compliance with company policies and accounting standards. The analyst will also support special projects and audit requests, contributing to the overall financial integrity of the organization.

Responsibilities

• Preparation of various general ledger journal entries.
• Prepare monthly reconciliations for accounts receivable.
• Prepare monthly or quarterly reconciliations for various other balance sheet accounts.
• Completion of cash collection schedules for all business written.
• Calculate state and line of business allocations for losses, premium taxes, commissions, and other expense accounts.
• Assist in the calculation and reporting of liability treaty reinsurance amounts.
• Process Concur payments for various Reinsurers.
• Prepare Ad-hoc reports in excel as needed.
• Prepare other reconciliations as assigned.
• Providing additional support with special projects or Audit requests.

Requirements

• Bachelor's degree in accounting/finance or equivalent insurance-related work experience is required.
• Minimum of one year experience in accounting/finance or related field.
• Strong verbal and written communication skills.
• Proven critical thinking skills that demonstrate analysis/judgment and sound decision making with focus on attention to detail and quality awareness.
• Strong organizational skills with the ability to work independently and deal with multiple tasks simultaneously.
• Strong computer skills, including 2010 Microsoft Office, as well as accounting/GL software (EAS preferred).