Selective Insurance Group Inc

Senior Accountant, Investment Accounting (Hybrid)

Selective Insurance Group Inc$101K — $131K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Knowledge of GAAP and SAP accounting principles
  • Proficient in MS Office, especially Excel
  • Experience with Clearwater investment accounting software and J.P. Morgan platforms preferred
  • Strong evaluation and troubleshooting skills
  • Excellent organizational, interpersonal, and communication skills
  • Bachelor's degree in accounting
  • Over five years of financial accounting experience, CPA preferred for advancement

Responsibilities

  • Prepares and reviews monthly account analysis and reconciliation
  • Establishes and analyzes complex financial statements
  • Creates and adjusts journal entries
  • Assists in preparing GAAP and SAP investment disclosures
  • Prepares analytical financial statement reviews during closing
  • Handles inquiries on financial results from field personnel
  • Performs financial closing and statement preparation
  • Ensures financial compliance with GAAP and company policies

Benefits

  • Comprehensive health care plans
  • Retirement savings plan with company match
  • Discounted Employee Stock Purchase Program
  • Tuition assistance and reimbursement programs
  • 20 days of paid time off
  • Incentive plan eligibility at all levels
Full Job Description
Overview

Position monitors and analyzes general ledger accounts, financial statements, and reports. Supervises or performs major account analysis. Ensures accuracy in accordance with Generally Accepted Accounting Principles (GAAP), Statutory Accounting Principles (SAP), and the company's policies and procedures. All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements.

Note: (For NJ candidates) This role will be located at our future headquarters in Short Hills, N.J. Until the new headquarters is operational, the successful candidate will be offered the ability to work in our Branchville, N.J. location during this interim period.

Responsibilities

  • Prepares and reviews monthly account analysis and reconciliation
  • Establishes, interprets and analyzes complex accounting records of financial statements
  • Creates journal entries and adjustments
  • Assists with preparation of both GAAP and SAP investment disclosures
  • Prepares analytical review of financial statements during closing process
  • Handles field questions concerning financial results
  • Performs monthly financial close and financial statement preparation
  • Applies accurate accounting treatment for fixed income, equities, mortgage loans, cash equivalents, and alternative investments
  • Assists and provides support with annual external audit and budget processes
  • Ensures integrity of financial statements. Ensures financial statement compliance with GAAP, company policies and governmental requirements

Qualifications

Knowledge and Requirements
  • Prior exposure to accounting systems with knowledge of GAAP and SAP
  • Proficiency with MS office applications, particularly Excel
  • Experience with investment accounting software solutions (Clearwater) and custodian (J.P.Morgan) platforms, preferred
  • Excellent evaluation skills and troubleshooting abilities
  • Strong organizational, interpersonal and communication skills


Education and Experience
  • Bachelor's degree in accounting
  • Five or more years of financial accounting experience
  • CPA designation preferred (required for upward mobility)

Total Rewards

Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life. These benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and 20 days of paid time off. Additional details about our total rewards package can be found by visiting our benefits page.

The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprint. Additional considerations include relevant education, qualifications, experience, skills, performance, and business needs.

Pay Range

USD $101,000.00 - USD $131,000.00 /Yr.

About Selective Insurance Group Inc

Selective Insurance Group, Inc. is a holding company for ten property and casualty insurance companies. The company provides insurance products and services to businesses, non-profit organizations, and individuals. Selective Insurance Group has been in business for over 90 years and has a strong reputation for customer service and financial stability. The company is headquartered in Branchville, New Jersey, and has over 2,450 employees. Selective Insurance Group is committed to giving back to the communities where it operates and has a strong focus on corporate social responsibility. The company is publicly traded on the NASDAQ stock exchange under the ticker symbol SIGI.
Learn more about Selective Insurance Group Inc
Size
2,440 employees
Market Cap
$5.4 billion
Industry
Net Income
$246.3 million
Founded
1926
5 Year Trend
+6.9%
Revenue
$2.9 billion
NASDAQ

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