Insurance Accounting Manager
Everest Global Services, Inc.

Job Info

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Title:
Insurance Accounting Manager

Company:
Everest Insurance Company

Job Category:
Finance

Job Description:

About Everest:
Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

About the Role:

The Finance Operations Group of Everest Insurance, a member of the Everest Re Group, Ltd. is looking for an Insurance Accounting Manager to join our Warren, NJ office to support and manage the Insurance Program Administrator Accounting team to onboard new programs and manage existing programs. Ensuring monthly accounting, cash management and reporting by program administrators are timely and adhere to the program administrator agreements. Liaison with Finance, Operation, program administrators, internal and external auditors with emphasis on a strong internal control environment. Perform annual operational audits of program administrators.

Role & Responsibilities (include but not limited to):

• Ensure monthly premium bordereaux are received, reviewed, and reconciled to the general ledger and are consistent and comply with the Program Administrator agreements.
  
• Ensure monthly account currents are received timely and that related cash is received, recorded, and applied against open accounts receivables and any open receivables are identified, collected, or resolved with the Program Administrator. Consolidate and review the non-admitted receivable reporting, exceptions, perform analysis, and finalize the Statutory accounting recordings.
  
• Management of Past Due Balances partnering with Program Managers and UW Ops.
  
• Support annual operational audits of Program Administrators to confirm proper accounting and financial controls are maintained.
  
• Maintain high level of internal controls and ensure all key controls are documented and performed timely and that all accounts are reconciled. Liaison with both internal and external auditors.
  
• Regular monitoring and resolution of balances in Deposit suspense while working with internal and external stakeholders.
  
• Partner with Business Segments, Program Administrators and finance to onboard new programs, including performing a due diligence and ensuring compliance with Everest's accounting and reporting standards.
  
• Manage and develop onshore staff and contractor resources to ensure cross training, process documentation, process improvements to support qualitative and timely delivery.
  

Qualifications:

• Bachelor's or master's degree in accounting or CPA.
  

Knowledge, Skills & Competencies:

• 5 - 10 years of experience in the insurance industry.
  
• Extensive Internal/External Audit experience.
  
• Possess high level analytical and technical communication skills (verbal and written).
  
• Excellent technology skills (Excel, Access, Power BI, Oracle) and demonstrated ability to work with large data sets.
  
• Excellent presentation skills (MS PowerPoint) to present balances and comparative narrative to Program Managers.
  
• Strong organizational skills and the ability to effectively manage time and be able to multitask in an ever-changing environment.
  
• Focus on solving problems, change management experience and positive attitude and exceeding customer expectations.
  
• Operate effectively in a culture that promotes collaboration, execution, humility, thoughtfulness, and leadership.
  
• Able to thrive under pressure and adhere to deadlines.
  
• Detail-oriented with a high level of personal accountability.
  
• Promote a culture of personal responsibility, accountability, and open communications.
  

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture.

• Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.
  
• Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.
  

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

Type:
Regular

Time Type:
Full time

Primary Location:
Warren, NJ

Additional Locations:

Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at everestbenefits@everestglobal.com.

Everest U.S. Privacy Notice | Everest (everestglobal.com)

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