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Staff Accountant (Finance)
James River Group, Inc.
3d ago
0FinanceUnited Stateshimalayas
Staff-AccountantAccountingFinanceInsurance-AccountingFinancial-ReportingMid-level
Job Description
Come grow with James River Insurance! James River Insurance is an excess and surplus lines segment of James River Group Holdings, Inc. and operates on an approved non-admitted basis in 50 states and Washington, DC. Since 2003, James River has provided thousands of commercial property and casualty customers with innovative and creative solutions for particular insurance needs. At James River Insurance, we are committed to providing a stable and rewarding work environment supported by our Core Values and Guiding Principles: Integrity, Accountability, Innovation, Customer Service, Communication, and Teamwork. We are proud of being recognized the past 5 years as one of The Top Workplaces USA. James River Group Holdings, Inc. is a U.S. insurance holding company which owns and operates a group of specialty insurance and reinsurance companies. The Company operates in two specialty property and casualty insurance segments: Excess and Surplus Lines and Specialty Admitted Insurance. The Company tends to focus on accounts associated with small or medium-sized businesses in each of its segments. Each of the Company's regulated insurance subsidiaries are rated "A-" (Excellent) by A.M. Best Company.Job Summary Assist in the preparation of Statutory & GAAP Financial Statements and handle day to day financial reporting of all activities that will assist management and others in making educated economic decisions about the Company’s future.Duties and ResponsibilitiesContinuously exhibit and uphold Core Values of Integrity, Accountability, Communication and Teamwork, Innovation and Customer Service.Assist in the preparation of and entering of monthly and quarterly journal entriesAssist in preparing financial reporting such as internal and external monthly financial statements and annual auditsAssist in preparing and completing annual and quarterly NAIC statutory financial statementsAssist with cash application, A/R. A/P, suspense clearing, bank account reconciliations, etc.Abide by and enforce internal controls and accounting policy, including externally required controls for SOX; ensure audit readiness and complianceInteract with and respond to state insurance departments and regulatory authorities if necessaryAssist in preparation of reinsurance reports and remittances, track outstanding receivables and any related reinsurance accountingAssist in maintaining systems and controls which verify the integrity of all systems, processes and data and enhance the Company’s valueAssist with financial planning and analysis including budgets, forecasts, results analysis and capital planningRespond to the Controller with accurate and timely work to facilitate theCompany’s financial needsParticipate in a wide variety of special projects and compile special reports as necessaryConform with and abide by all internal and external regulations and policiesKnowledge, Skills and AbilitiesWorking knowledge of GAAP, ledger, account reconciliation, audit/control procedures, cash, A/P, A/R, payroll, income tax, investment accounting, banking and/or accounting systemsKnowledge of Statutory Accounting, Reinsurance Accounting and other aspects of insurance operations a plusExcellent written and verbal communication skillsStrong analytical skills with exceptional attention to detailHigh level of initiative and motivationStrong work ethic with a drive to succeedProactive self-starter with a bias toward teamworkAbility to work under pressure and manage multiple deadlinesIntermediate to Expert level proficiency in MS Office (Word, Excel, Outlook)Experience and Education Senior Financial AnalystBachelor’s Degree in accounting, finance, business administration or related field requiredAdvanced degree (MBA, MS Finance) preferredMinimum of five years’ experience in corporate accounting, corporate finance or public accounting requiredMinimum of three years of hands-on experience in the financial services industry required with two years of experience within the Property and Casualty Insurance industry strongly preferredCPA or CFA designation preferredFinancial Analyst IBachelor’s Degree in related field (accounting, finance, business administration) requiredAdvanced degree (MBA, MS Finance) preferredMinimum of three years’ experience in corporate accounting or finance requiredOne year hands-on accounting or finance experience within the Property and Casualty Insurance industry preferredCPA designation preferredStaff AccountantBachelor’s Degree in accounting, finance or related requiredThree years’ experience in corporate and/or public accountancy or finance roles requiredWorking towards CPA designation a plusHands-on accounting experience within the Property and Casualty Insurance industry desired, but not requiredStaff Accountant IIBachelor’s Degree in accounting, finance or related requiredCPA designation strongly preferredFive years’ experience in corporate and/or public accountancy or finance roles requiredTwo years of hands-on accounting experience with
