Job Description
Job Description
We are offering an exciting opportunity for a Sr. Accountant in the insurance industry. This role is located in Jersey City, New Jersey, and focuses on providing comprehensive financial support for a specific book of business. The Sr. Accountant will be the main point of contact for a range of internal and external stakeholders, including Underwriting teams, IT personnel, and external clients.
Responsibilities:
• Establish and maintain a client-facing relationship for a specific book of business
• Accurately prepare and present the Reinsurance Statement of Account to Reinsurance Brokers and/or Reinsurers
• Handle the preparation and processing of Cash Receipts and Disbursements, including the payment and/or recovery of reinsurance
• Prepare Letter of Credit Funding Requirements on a quarterly basis and submit to Reinsurers/Captives
• Conduct research and analysis based on client requests on an ad hoc basis
• Build strong business partnerships while gaining a thorough understanding of the business being supported
• Regularly communicate and interact with various internal and external contacts
• Reconcile the General Ledger for accounts that pertain to Alternative Market’s Balance Sheet
• Take on Key Assignments/Special Projects as assigned
• Utilize skills such as Account Reconciliation, Balance Sheet Reconciliation, General Ledger, and Microsoft Excel in daily operations.• Must have a Bachelor's degree in Accounting, Finance or a related field.
• Proven experience as a Senior Accountant in the insurance industry is necessary.
• Proficient in Account Reconciliation, Balance Sheet Reconciliation, and Bank Reconciliations.
• Strong knowledge of General Ledger and Journal Entries is required.
• Expertise in Microsoft Excel is essential.
• Experience in Month End Close procedures is a must.
• Familiarity with Reinsurance is highly beneficial.
• Strong analytical and problem-solving skills.
• Excellent verbal and written communication skills.
• Strong organizational and multitasking abilities.
• Ability to work independently and as part of a team.
• High level of integrity and dependability with a strong sense of urgency and results-orientation.
• Certified Public Accountant (CPA) or Certified Management Accountant (CMA) certification is a plus.
• Knowledge of accounting software and databases is a plus.