Come grow with James River Insurance!
James River Insurance is an excess and surplus lines segment of James River Group Holdings, Inc. and operates on an approved non-admitted basis in 50 states and Washington, DC. Since 2003, James River has provided thousands of commercial property and casualty customers with innovative and creative solutions for particular insurance needs.
At James River Insurance, we are committed to providing a stable and rewarding work environment supported by our Core Values and Guiding Principles: Integrity, Accountability, Innovation, Customer Service, Communication, and Teamwork. We are proud of being recognized the past 5 years as one of The Top Workplaces USA.
James River Group Holdings, Inc. is a U.S. insurance holding company which owns and operates a group of specialty insurance and reinsurance companies. The Company operates in two specialty property and casualty insurance segments: Excess and Surplus Lines and Specialty Admitted Insurance. The Company tends to focus on accounts associated with small or medium-sized businesses in each of its segments. Each of the Company's regulated insurance subsidiaries are rated "A-" (Excellent) by A.M. Best Company.
Job Summary
Assist in the preparation of Statutory & GAAP Financial Statements and handle day to day financial reporting of all activities that will assist management and others in making educated economic decisions about the Company’s future.
Duties and Responsibilities
- Continuously exhibit and uphold Core Values of Integrity, Accountability, Communication and Teamwork, Innovation and Customer Service.
- Assist in the preparation of and entering of monthly and quarterly journal entries
- Assist in preparing financial reporting such as internal and external monthly financial statements and annual audits
- Assist in preparing and completing annual and quarterly NAIC statutory financial statements
- Assist with cash application, A/R. A/P, suspense clearing, bank account reconciliations, etc.
- Abide by and enforce internal controls and accounting policy, including externally required controls for SOX; ensure audit readiness and compliance
- Interact with and respond to state insurance departments and regulatory authorities if necessary
- Assist in preparation of reinsurance reports and remittances, track outstanding receivables and any related reinsurance accounting
- Assist in maintaining systems and controls which verify the integrity of all systems, processes and data and enhance the Company’s value
- Assist with financial planning and analysis including budgets, forecasts, results analysis and capital planning
- Respond to the Controller with accurate and timely work to facilitate the
Company’s financial needs
- Participate in a wide variety of special projects and compile special reports as necessary
- Conform with and abide by all internal and external regulations and policies
Knowledge, Skills and Abilities
- Working knowledge of GAAP, ledger, account reconciliation, audit/control procedures, cash, A/P, A/R, payroll, income tax, investment accounting, banking and/or accounting systems
- Knowledge of Statutory Accounting, Reinsurance Accounting and other aspects of insurance operations a plus
- Excellent written and verbal communication skills
- Strong analytical skills with exceptional attention to detail
- High level of initiative and motivation
- Strong work ethic with a drive to succeed
- Proactive self-starter with a bias toward teamwork
- Ability to work under pressure and manage multiple deadlines
- Intermediate to Expert level proficiency in MS Office (Word, Excel, Outlook)
Experience and Education
Senior Financial Analyst
- Bachelor’s Degree in accounting, finance, business administration or related field required
- Advanced degree (MBA, MS Finance) preferred
- Minimum of five years’ experience in corporate accounting, corporate finance or public accounting required
- Minimum of three years of hands-on experience in the financial services industry required with two years of experience within the Property and Casualty Insurance industry strongly preferred
- CPA or CFA designation preferred
Financial Analyst I
- Bachelor’s Degree in related field (accounting, finance, business administration) required
- Advanced degree (MBA, MS Finance) preferred
- Minimum of three years’ experience in corporate accounting or finance required
- One year hands-on accounting or finance experience within the Property and Casualty Insurance industry preferred
- CPA designation preferred
Staff Accountant
- Bachelor’s Degree in accounting, finance or related required
- Three years’ experience in corporate and/or public accountancy or finance roles required
- Working towards CPA designation a plus
- Hands-on accounting experience within the Property and Casualty Insurance industry desired, but not required
Staff Accountant II
- Bachelor’s Degree in accounting, finance or related required
- CPA designation strongly preferred
- Five years’ experience in corporate and/or public accountancy or finance roles required
- Two years of hands-on accounting experience within the Property and Casualty Insurance industry strongly preferred
Senior Accountant
- Bachelor’s Degree in accounting, finance or related required
- CPA designation strongly preferred
- Six years’ experience in corporate and/or public accountancy or finance roles required
- Four years of hands-on accounting experience within the Property and Casualty Insurance industry strongly preferred
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Please note that this position is not eligible for H-1B visa sponsorship. All applicants must be currently authorized to work in the United States on a full-time basis without the need for current or future H-1B sponsorship.