Intermediate Accountant

Berkley • $70K — $95K *

Naperville, IL 60540In-Person

Finance & Insurance

Less than 5 years of experience

Today

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Job Overview by Ladders

Qualifications

Bachelor's degree in accounting or finance
1-3 years of Property & Casualty Insurance accounting experience preferred
Strong Excel competency
Ability to work independently

Responsibilities

Prepare GAAP financial statements and reporting packages, ensuring due dates are met
Manage reinsurance accounting, reconciliation, and reporting
Create and send quarterly/monthly reinsurance bordereaux to brokers
Conduct timely and accurate account reconciliations and resolve discrepancies
Ensure accuracy of results for assigned programs
Monitor cash settlements from Profit Centers and Reinsurers
Support internal and external audits and pursue continual process improvements

Benefits

Comprehensive medical, dental, and vision plans
Flexible Spending Account and Health Savings Account options
401(k)/Profit Sharing/Employee Stock Purchase Plan
Short & Long Term Disability insurance
Generous Paid Time Off policy including vacation, sick, and holidays
Employee Assistance Program and wellness initiatives
Tuition assistance for industry-related education and exams

Full Job Description

Responsibilities

Job Description:

Staff level position performing various duties related to the financial reporting process. Areas of responsibility include GAAP/Stat financial statement preparation and reporting, reinsurance accounting, reconciliations and monitoring cash flow. All functions focus on both accurate and timely completion based on the close schedule.

Key Functions/Duties of Position:

Preparation of accurate GAAP financial statements and reporting packages as assigned, including journal entries, supporting schedules and analysis, meeting all due dates per closing schedule.
Reinsurance accounting, reconciliation and reporting.
Create quarterly/monthly reinsurance bordereaux to send to brokers
Responsible for timely and accurate account reconciliations as assigned (including analysis and resolution of reconciling items).
Responsible for the accuracy of results for assigned programs.
Monitor cash settlements from both Profit Centers and Reinsurers.
Assists in the support of internal and external audits/examinations.
Active pursuit of continuous process improvement and progress measurement (metrics)

Qualifications

Education Requirement:

Bachelor27s degree in accounting or finance

Qualifications:

1-3 years of Property & Casualty Insurance accounting experience preferred
Necessary computer skills with an emphasis on Excel competency
The ability to work independently

Additional Company DetailsWe do not accept unsolicited resumes from third party recruiting agencies or firms. Salary Range - $70K to $95K, dependent on experience, knowledge and location. Berkley is committed to offering comprehensive and competitive employee health benefits that help our employees stay healthy, feel secure and maintain a work/life balance. We offer Medical, Dental, Vision, Flexible Spending Account, Health Savings Account and a Health Reimbursement Arrangement. We support our employees in planning for their current and future security by offering Short & Long Term Disability, 401(k)/Profit Sharing/Employee Stock Purchase Plan, Life/Accidental Death & Dismemberment/Travel and Additional Life Insurance. We want our employees to live productive and fulfilling lives. We promote work-life balance and personal wellness by providing an Employee Assistance Program, Paid Time Off (Vacation/Sick/Holidays) and encouraging employees to participate in our groups wellness program. We take risk management excellence and your professional growth and ongoing development seriously by offering industry-related education and exams along with industry-related tuition assistance. Sponsorship DetailsSponsorship not Offered for this Role

About Berkley

Berkley is a packaging company that develops innovative solutions to help our customers sell more product and be on the edge. Berkley offers the cost advantages and creative control of an in house/on site agency without the risk and hassle of oversight. Berkley develops turnkey retail environments – including design, manufacturing and installation services.

Berkley Careers

Joining Berkley presents a prime opportunity to be part of a team renowned for its leadership in the industry, fostering innovation and growth. Berkley, a company committed to professional excellence and diversity, offers a range of job opportunities that cater to various skills and career aspirations.

Explore Job Opportunities

Berkley is actively hiring, seeking individuals who are passionate, driven, and ready to contribute to a dynamic team environment. With a variety of positions available, Berkley provides a platform for professionals at every stage of their career, from entry-level to senior leadership roles.

Internship Programs

Kickstart a career with Berkley through comprehensive internship programs designed to provide hands-on experience in a real-world setting. Internships at Berkley are a gateway to full-time employment, offering invaluable industry exposure and networking opportunities.

Professional Growth and Development

Berkley is dedicated to the continuous professional development of its team members. The company supports career advancement through leadership training programs, workshops, and seminars that enhance skills and foster innovation.

Diversity and Inclusion

At Berkley, diversity is celebrated and actively promoted through various initiatives and diversity training programs. The company believes that a diverse workforce is key to driving creativity and innovation.

Benefits and Culture

Employees at Berkley enjoy a range of benefits designed to support their professional and personal lives. The company culture emphasizes teamwork, respect, and integrity, creating an environment where everyone can thrive.

Applying for a Position

To apply for a position at Berkley, candidates are encouraged to submit a resume that highlights relevant experience and skills. The interview process is designed to assess not only professional qualifications but also a candidate's fit with Berkley's culture and values.

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Learn more about Berkley

Size

51 employees

Industry