Senior Manager, Insurance Reporting Accountant
Everest Global Services, Inc.

Job Info

---

Title:
Senior Manager, Insurance Reporting Accountant

Company:
Everest Insurance Company

Job Category:
Finance

Job Description:

It's an exciting time for Everest Re Group, Ltd. ("Everest")! As we continue on our journey, we see significant opportunity ahead of us to expand our reach, build diversity, and enhance our capabilities in critical markets.

Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Bermuda, Canada, Europe, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people.

At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including:

• Generous tuition/continuing education reimbursement

• Mentoring opportunities

• Flexible work arrangements

• Talent development initiatives

• Networking groups

Everest is a growth company with $10.5 Billion of Gross Written Premium offering Property, Casualty and specialty products among others, through its various operating subsidiaries located in key markets around the world. Everest has been a global leader in reinsurance with a broad footprint, deep client relationships, underwriting excellence, responsive service and customized solutions. Our insurance arm draws upon impressive global resources and financial strength to tailor each policy to meet the individual needs of our customers.

Our financial strength is evident in Financial Agency Ratings of: A+ A. M. Best, A+ S&P Global and A1 Moody's Investor Service. We are a market leader for our broad diversified income streams, strong underlying underwriting performance with reduced volatility and strong cash flow. We take pride in being known in the industry as nimble, entrepreneurial and responsive.

Although we are currently in the North American market, we see great opportunity to expand our markets. To support this, we are currently looking for a Senior Manager for our headquarters in Warren, New Jersey or Philadelphia office.

You will report to the Vice President - Insurance Accounting and Analysis.

You will be part of the Insurance Reporting team. The team is responsible for planning, coordinating, and executing the quarterly close process and controls for the Insurance segment. You will have an opportunity to build on a firm foundation of processes, enhance reconciliations, strengthen controls, expand analytics, and add efficiency and automation to the closing process. Requires deep knowledge of insurance systems and processes, and strong technical finance and accounting expertise.

Responsibilities include but are not limited to:

• Manage the timing and accuracy of the quarterly close process including:
  
• Establish appropriate expense accruals; bad debt reserves; CECL provision.
  
• Review, calculate and record deferred acquisition costs.
  
• Ensure the appropriate consolidation of non-insurance entities.
  
• Provide timely internal reporting of P&C segment financial results and quarterly statutory financial results for the Board meetings.
  
• Identifies finance core processes for standardization/redesign; designs and develops process improvements and automation to accelerate the close.
  
• Designs and implements the necessary accounting system changes to ensure efficient and accurate processing of financial data; participate in the development and implementation of new General Ledger system.
  
• Develop and demonstrate solid command of the operational and financial context of the business.
  

Qualifications and Experience

• Bachelor's degree in accounting or related field.
  
• Minimum 5 -10 years of progressive experience in the property and casualty insurance industry with an advanced understanding of all processes associated with financial analysis, reporting and controls.
  
• CPA credential strongly preferred.
  
• Knowledge of the full insurance income statement and balance sheet.
  
• Knowledge, management, and execution of a robust control environment.
  
• Strong project management skills - extraordinarily well-organized.
  
• Strong analytical and technical communication skills (verbal and written).
  
• Strong technology skills, demonstrated ability to work with and build databases, implementing automation tools; must be proficient in Microsoft Excel.
  
• Strategic thinker; strong leadership skills; anticipates and plans for the future.
  
• Strong problem-solving skills, change management experience, and positive attitude.
  
• Capable of executing change and influencing others to adopt new practices.
  
• Results oriented mind, hands-on, detailed, and proven track record of driving ideas and projects to completion.
  
• Maintain a sense of urgency and wind sprint to identify and resolve issues. Action oriented and strong work ethic.
  
• Operate effectively in a culture that promotes collaboration, execution, humility, thoughtfulness and leadership.
  
• Promote a culture of personal responsibility, accountability and open communications.
  

#LI-Hybrid

Type:
Regular

Time Type:
Full time

Primary Location:
Warren, NJ

Additional Locations:
Philadelphia, PA

As an effective team member, employees at Everest Insurance must champion the Everest Insurance Culture:

• Collaboration: Open and transparent communication with customers and colleagues
• Thoughtful Assumption of Risk: Supporting the Everest goal of carefully writing profitable business by ensuring data quality, prompt and accurate feedback to Underwriters, and operational control throughout the enterprise.
• Execution: Delivering outstanding support to the organization through strong day-to-day business operations, effective project management, and careful oversight of vendors.
• Humility: Caring and respectful approach to service colleagues, customers, and the community.
• Leadership: By example, every day.

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 Talent Acquisition at 1-908-604-3000.

This job has expired.