Staff Accountant Position Available In Hudson, New Jersey

remote type
Hybrid Working
locations
Jersey City, NJ United States of America
time type
Full time
posted on
Posted 3 Days Ago
job requisition id
R25_508
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.
Position Summary
In this role, you’ll take care of the day-to-day accounting tasks for Arch Insurance. This includes recording premiums from agents, tracking claims activity, and applying payments to outstanding receivables. You’ll be responsible for a specific book of business and will work closely with teams across the company, as well as agency partners. While insurance experience is ideal, we are open to a candidate who is eager to learn the ropes and can deliver accurate, timely financial reports for their assigned accounts.
This role will sit in the Jersey City office, on a hybrid schedule of two days in the office, and three days remote.
Responsibilities and Accountabilities Process all Premium and cash activity for assigned programs
Update premium receivables for all assigned programs
Process cash received monthly and apply to the open premium receivable balances
Follow up with agency regarding status of open balances
Calculate reinsurance transactions according to contracts
Prepare Reinsurance Statements monthly
Process all Reinsurance related cash activity and update applicable sub-ledgers
Prepare monthly reconciliation of sub-ledgers to general ledger
Prepare manual adjustments for Quarter Closing process
Produce Quarterly P&Ls for the respective business assigned
Assist with financial audits
Handle all special projects and financial analysis as assigned by management
Required Skills and Abilities
Excellent proficiency with Excel, including a strong understanding of vlookups, pivot tables, and data management
Familiarity with Workday Financials or other cloud ERP systems
Outstanding oral and written communication skills, with a strong ability to think through issues
Proactive and able to organize and prioritize to meet multiple demands and deadlines
Skilled in evaluating processes to identify opportunities for improvement
Education and Experience
Bachelor’s degree in Accounting or Finance
2+ years experience working in Accounting or Finance
Insurance experience is preferred, but not required
#LI-hybrid
#LI-AT1
For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.
$61,500 – $79,900/year
Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.
to learn more on available benefits.
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team. 14400 Arch Insurance Group Inc.