What are the responsibilities and job description for the Sr. Accountant position at Berkley?
Company Details
Preferred Employers Insurance, A Berkley Company specializes in providing workers’ compensation insurance to California business owners. The company serves three major Product/Client Segments: Small Business, Mid-Larger Businesses and Group Association Members (Programs). The company’s distribution partners (agents & brokers) number just under 400 locations throughout the state. Preferred serves thousands of policyholders and provides medical claims handling and claims management as needed to care for injured workers. The company is rated A Superior by industry-rating organization, AM Best & Company.
Company URL: https://www.peiwc.com
The company is an equal opportunity employer.
Responsibilities
The Senior Accountant is responsible for administering the accounting function of the Company and reporting to the CFO. This function includes financial and regulatory reporting; maintaining and improving accounting systems and processes. Currently this position does not have supervisory responsibilities. The Senior Accountant is expected to function at a high level of expertise & competency. Further, the Senior Accountant is expected to use sound judgment while producing consistent results.
Key functions include but are not limted to:
- Financial reporting to internal management and corporate parent.
- Preparing journal entries and reconciliations of general ledger accounts.
- Instrumental in month-end, quarter-end, and year-end closing processes.
- Verifying and processing external payment transactions through PeopleSoft.
- Maintenance of OFAC requirements.
- Vendor setup and maintenance in PeopleSoft.
- Reinsurance reconciliation and preparation of quarterly Schedule F.
- Maintenance of statistical accounts and ledger.
- Assisting BFINS with regulatory reporting to applicable state agencies (CDI, NAIC, etc).
- Preparing and executing Sarbanes-Oxley test plans.
- Maintenance and reconciliations of fixed and prepaid assets.
- Assisting Controller and CFO in analysis, reporting and projects as needed.
- Approver of Treasury Management process in PeopleSoft.
- Maintain effective record keeping and organization within the department.
- Assists with new system implementation.
- Research accounting rules and regulations and makes recommendations.
- Assists external auditors as needed.
Qualifications
- Bachelors of Science Degree in Accounting or Finance
- 5 years experience.
- General accounting experience required and Insurance Industry experience preferred.
- Must be proficient in MS Office software, particularly in Excel.
- Must be well-organized and able to work effectively under time constraints.
- Must have strong written & verbal communication skills.
- Self-motivated and enthusiastic.
- Must be well organized and able to work under time constraints.
Additional Company Details
We do not accept any unsolicited resumes from external recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role include: • Base Salary Range: $88,000 – $112,000 • Eligible to participate in annual discretionary bonus. • Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.Salary : $88,000 - $112,000
