Job description

A History of Innovation and Integrity

Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States.

Along the way, we’ve been listed on the New York Stock Exchange, become a Fortune 500 company, joined the S&P 500, and seen our gross written premiums exceed $10 billion.

Today, the Berkley brand comprises more than 50 businesses worldwide and is divided into two segments: Insurance and Reinsurance & Monoline Excess. Led by our Executive Chairman, founder, and largest shareholder, William. R. Berkley, and our President and Chief Executive Officer, W. Robert Berkley, Jr., W. R. Berkley Corporation is well-positioned to respond to opportunities for future growth.

The Company is an equal employment opportunity employer.

Reporting to the Regional CFO and working closely with B.L.A.C’s Underwriting Managers, the Finance and Accounting Manager will be responsible for the overall day-to-day financial, regulatory compliance and operational - administrative activities of the BLAC office and Spain Holding Co.

The Finance & Accounting Manager will also interact with regional staff and with personnel from Corporate Finance.

This is a hands-on position that requires in-depth knowledge of accounting disciplines including: financial accounting and reporting (US GAAP / STAT), compliance reporting and business plan-budget preparation, monitoring and reporting.

Critical to the position is strong technical skills, ability to meet strict dead-lines, and solid communication (verbal and written) skills.

Key responsibilities include but are not limited to:

(i) The accurate and timely posting (to the General Ledger) of all transactions (including accruals) that are required for the preparation of financial statements (US GAAP / STAT) / Management Reports;
(ii) The production of accurate and timely monthly US GAAP / STAT reports (financial statements) as required by (and for submission to) Corporate Finance;
(iii) The production of accurate and timely monthly / quarterly Management Reports as / when required by (and for submission to) Management;
(iv) The preparation of accurate and timely ad-hoc reports (e.g., financial; management; regulatory type reports; etc..), as / when required by Management;
(v) The preparation (for submission to Management) of accurate and timely written detailed (variance) analysis of the monthly / quarterly results of B.L.A.C. as compared to plan / prior period results / other key metrics - KPIs to enable Management to better understand B.L.A.C.’s results for decision making purpose;
(vi) The proactive management of accounts receivables to ensure prompt collection of balances that are coming due;
(vii) The proactive management of payables to ensure balances due are settled within agreed contract terms;
(viii) The posting and reconciliations of monthly payroll journal entries;
(ix) The preparation of financial statements with accurate and timely (monthly) reconciliations of key accounts (including but not limited to: financial statement accounts; inter-company accounts; bank accounts; other key accounts as deemed appropriate);
(x) Providing support in the development of B.L.A.C.’s annual plan;
(xi) Providing support in the development and implementation of organizational strategies, operating policies and practices;
(xii) Providing support to the regional CFO with certain regional finance activities, as and when required by the Regional CFO, including but not limited to support in the areas of: (i) planning, reporting and analysis; (ii) internal controls/SoX compliance; (iii) corporate compliance related matters; (iv) other areas / topics as and when required;
(xiii) Providing support to B.L.A.C.’s Underwriting Managers in key operational related matters as / when they arise to ensure the smooth running of the B.L.A.C. group;
(xiv) Providing support to the Regional Actuarial Team as and when required to ensure timeliness and accuracy of data required for the estimation of loss reserves;
(xv) Providing support to ensure that all regulatory filings are prepared and filed timely and accurately;
(xvi) Coordinating the timely delivery of complete and accurate financial information to internal and/or external auditors / regulatory examiners in support of their audits / examinations;
(xvii) Coordinating the work of external consultants (accounting, tax, legal), and external auditors, for a Spanish Holding entity (e.g., from an accounting perspective: Statutory Audit under Spanish GAAP; from a regulatory & legal perspective: Regulatory Reporting to the Foreign Investment Registry, Bank of Spain; from a tax perspective: Income Tax filings with Hacienda);
(xviii) Other duties as assigned by the Regional CFO.

QUALIFICATIONS

• 5+ years of accounting and finance experience, preferably gained in an internal / external financial / management reporting role within the insurance industry;
• In-depth knowledge of US GAAP;
• Advanced knowledge of Sarbanes Oxley;
• Keen analytical ability and attention to detail;
• Proven track record in meeting strict deadlines;
• Excellent interpersonal skill including ability to communicate and work well with personnel across all levels of the organization;
• Solid knowledge of PeopleSoft;
• Advanced excel spreadsheet skills;
• Fluency in Spanish & English (written and oral).

Education Requirement

• Bachelor’s degree in Accounting or Finance;
• Certified Public Accountant or equivalent;

Job Type: Full-time

Pay: $46,754.77 - $56,306.82 per year

Schedule:

• Monday to Friday

Experience:

• P & C Insurance: 2 years (Required)

Work Location: In person

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