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 serve our clients’ needs.
The company is an equal employment opportunity employer.
Responsibilities
The Financial Accounting Analyst performs a variety of financial activities with respect to the financial close process as well as budgeting, forecasting, performing research and analysis and building financial models to support conclusions. Key functions include but are not limited to:
Assists in special projects, including but not limited to streamlining processes and increasing automation (i.e. gathering, transforming, and modeling data for analysis).Compiles and analyzes monthly net underwriting result by class of business for Controller and CFO review, including detail analysis of Gross Written Premium, Net Written Premium, Net Earned Premium, Commissions & Brokerage and Incurred Losses as compared to prior year and budget, including ratio analysis.Analyzes quarterly financial activity and compiles quarterly CFO Call presentation for review by Controller and CFO and submission to President and Corporate headquarters.Presents insights and recommendations, fostering data-driven decision-making, including the use of summary dashboards thereby selling the story via the presented by the data.Does deep dives into data to identify trends, patterns, and opportunities for improvement.Manage monthly Balance Sheet review and analysis of movements from prior year. Assists in the preparation of the annual Budget and forecasts, including the projection of future written premium, earnings, and allocation of expenses to several classes of business. Assists with internal and external audit inquiries, data requests and managing the PBC list.Manages and performs quarterly SOX compliance testing of key controls.Collaborates with cross functional teams (actuarial, claims, underwriting) translating business needs and issues to financial reporting impacts. Qualifications Bachelor’s degree in accounting, finance or related field (master’s preferred).3+ years of accounting and finance experience in insurance industry and/or public accounting.CPA or CMA license or progress is required.Technical knowledge of US GAAP accounting principles.Experience with general ledger functions including various accounting software administration –PeopleSoft GL/Essbase, etc. Experience with data analysis and working with large data advanced Excel skills required – Python and Power Bi experience is preferred.Experience with the month-end/year end close process with a view to innovation, streamlining and automation.Strong analytical and problem-solving skills, including highly proficient excel skills.Solid understanding of best practices in process and procedures and SOX controls.Excellent verbal and written communication skills and demonstrated ability to collaborate with others effectively.Works well under pressure with a strong ability to solve problems.Delivers results while demonstrating flexibility and accountability.Goal oriented, highly organized and can work independently.Skilled at time management and the ability to prioritize tasks and deliver results.A passion for learning and keeping up with the ever-evolving data landscape related to financial reporting.Sponsorship Details Sponsorship not Offered for this Role Connect With Us! Not ready to apply? Connect with us for general consideration.