Staff Accountant

Company Details

Berkley Accident and Health is a risk management company that designs innovative solutions to address the unique challenges of each client. With our entrepreneurial culture and a strong emphasis on analytics, we can help employers better manage their risk. We offer a broad range of products, including employer stop loss, benefit captives, provider stop loss, HMO reinsurance, and specialty accident. The key to Berkley’s success is our nimble approach to risk – our ability to quickly understand, think through, and devise a plan that addresses each client’s challenges, coupled with the strong backing of a Fortune 500 company.

Our parent company, W. R. Berkley Corporation
, is one of the largest and best managed property/casualty insurers in the United States.

LI-AV1 #LI-HYBRID

The Company is an equal employment opportunity employer.

As a Staff Accountant
, you'll support the accounting and reporting activities for our direct insurance business. This role offers excellent exposure to insurance operations, multiple source systems, and the full accounting close cycle in a collaborative environment.

You’ll be a key contributor to daily accounting operations and monthly close activities, supporting the accuracy and integrity of our financial reporting. This is a role where accuracy, ownership, and attention to detail truly matter. You'll be part of a small but dynamic team within a growing organization where your contributions are highly valued.

You'll receive training and mentorship from a committed leadership team. You'll learn the insurance business and develop skills that will equip you to provide decision support to further the growth of the organization.

This role will be based in our Hamilton Square, NJ office. We offer a hybrid work schedule with 4 days in the office; and 1 day remote where it makes sense to do so.

What you can expect:

• Culture of innovation, teamwork, supportive colleagues and leaders willing to invest in talent
• Internal mobility opportunities
• Visibility to senior leaders and partnership with cross functional teams
• Opportunity to impact change
• Benefits – competitive compensation, paid time off, comprehensive wellness benefits and programs, employer funded health savings account, profit sharing, 401k, paid parental leave, employee stock purchase plan, tuition assistance and professional continuing education

We'll count on you for:

• Participating in monthly, quarterly, and year-end accounting close processes
• Maintaining daily cash books for business unit depository bank accounts
• Performing month-end cash reconciliations across our systems, and bank statements
• Recording and balancing direct insurance transactions in the general ledger from multiple source systems
• Recording paid claims from third-party administrators and preparing Positive-Pay reconciliations
• Preparing account reconciliations, schedules, and analytical support for general ledger balances
• Producing and distributing monthly premium billing statements to brokers
• Applying cash receipts to policyholder accounts
• Preparing accounts receivable aging reports and supporting collections for overdue premiums
• Processing commission expense checks via the People Soft accounting system
• Supporting the Finance team with special projects and ad hoc reporting as needed
• Building strong, positive relationships across Finance and the broader organization

What you need to have:

• Bachelor’s degree in Accounting
• Strong analytical and problem-solving skills with an understanding of internal controls
• Excellent organizational skills and ability to manage multiple priorities
• Proficiency in Microsoft Excel
• Strong written and verbal communication skills
• Collaborative mindset with strong interpersonal skills

What makes you stand out:

• 1–3+ years of accounting experience, preferably in the insurance industry
• Experience with general ledger systems, especially People Soft and/or Oracle financial applications

We do not accept any unsolicited resumes from external recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role include:

• Base Salary Range: $55-65k
• Benefits:
  Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.

The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Sponsorship not Offered for this Role