Sr. Financial Analyst

$76,000 - $134,000/Yr

W.R. Berkley - New York, NY

Full-time - Mid Level

New York, NY

Insurance Carriers and Related Activities

About the position

Berkley Offshore Underwriters is seeking a Senior Accountant to join their finance team. This role is located in their New York City office on a hybrid schedule. The Senior Accountant will be involved in all accounting and reporting functions as well as any financial projects. The incumbent will be integral to the Finance Department and will be responsible for the accurate processing and preparation of the monthly/quarterly financial data. This position will require satisfactory completion of daily, weekly, and monthly accounting tasks and activities, which include account reconciliations, intercompany transactions and settlements, and maintaining the general ledger.

Responsibilities

• Preparation of monthly/quarterly journal entries
• Develop, implement, and document efficiencies in accounting processes
• Work with the Accounting Manager in month/quarter end processes including preparation of account reconciliations and other closing analyses and reports
• Assist in the completion of the Quarterly CFO package
• Establish and maintain effective working relationships with parent company and affiliate personnel
• Assist in the Annual Planning Process
• Assist in quarterly Schedule F submissions
• Assist in the non-IT Sarbanes - Oxley Compliance
• Monitor the implementation and maintenance of accounting control procedures
• Participate in audit processes, including audits conducted by external public accountants, state regulatory examiners and parent company auditors
• Have an understanding of reinsurance contracts and accounting
• Complete Excess of Loss and Quota Share reinsurance calculations
• Complete balance sheet and income statement reconciliations
• Keep CFO and Accounting Manager apprised of any issues that may impact timely and accurate financial reporting
• Review monthly T&E reports for accurate account coding and adequate support documentation
• Perform other duties as assigned

Requirements

• Requires a Bachelor's Degree in Accounting or Finance
• CPA a plus
• A minimum of 5 years of financial reporting or public accounting experience
• General knowledge and experience in various accounting areas, such as general accounting, internal management reporting, GL, AP and reconciliation a must
• Experience with foreign currency a plus
• Must be detail-oriented and have strong organizational skills
• Must have analytical skills, good judgment and problem-solving skills
• Must have Strong customer focus (responsive to needs of others)
• Must be able to work effectively as part of a team and also on independent assignments, and to pursue tasks and objectives without the need for close supervision
• Demonstrated ability to be proactive, complete assignments and meet deadlines
• Ability to effectively communicate with all levels of management and staff
• Ability to effectively work in a fast-pace environment with competing demands on resources, time and priorities
• Must have advanced knowledge of Excel and intermediate knowledge of Word & Access

Nice-to-haves

• Experience with the following software applications a plus: PeopleSoft GL, Perceptive, Archer, Hyperion Essbase/Smart View, Vena
• Experience in SQL or other programming knowledge a plus

Benefits

• Health insurance
• Dental insurance
• Vision insurance
• Life insurance
• Disability insurance
• Wellness programs
• Paid time off
• 401(k) and profit-sharing plans