Accountant

Title:
Accountant

Company:
Everest Insurance Company

Job Category:
Finance

Job Description:

It's an exciting time for Everest 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 Group, a NYSE listed S&P 500, is a leading global reinsurance and insurance provider, operating for nearly 50 years, now in over 15 countries. Everest is a growth company offering Property, Casualty and Specialty products. We have extensive product and distribution capabilities backed by a strong balance sheet which is evident in our Financial Agency Ratings of: A+ A. M. Best, A+ S&P Global and A1 Moody's Investor Service.

We take pride in being known in the industry as nimble, entrepreneurial, and responsive. Our culture is innovative, we empower our employees to make business decisions within our risk framework at a local level.

Everest Insurance®, a Division of Everest Group, Ltd., is seeking a Senior Accountant to assist its Financial/Management Reporting function. This position can be based in our Warren, New Jersey or Philadelphia Office and will report to the AVP - Insurance Accounting and Analysis.

The Everest insurance segment is a Specialty Diversified insurance company continuing its rapid growth and transformation with infrastructure, product enhancement and human capital investments.

This position will be part of the Insurance Reporting team and have exposure to senior leadership positions. The team is responsible for planning, coordinating, and executing the quarterly close process and controls for the Insurance segment. The position 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 some knowledge of insurance systems and processes, and technical finance and accounting expertise.

Responsibilities:

• Assist with the quarterly close process including:
• Ensuring balance sheet reconciliations are performed timely
• Preparation of monthly and quarterly journal entries, including ALAE, ULAE, Surcharges, and Commissions, to ensure business transactions are properly recorded
• Collaborating with team to analyze and distribute financial results for management reporting
• Liaise with internal statutory reporting teams on reconciliations and year-end schedules
• Maintain a strong system of internal controls and ensure compliance with Generally Accepted Accounting Principles (GAAP)
• Develop and demonstrate solid command of the operational and financial context of the business
• Perform other accounting and financial tasks as needed
• Assist with implementation of accounting system changes to ensure efficient and accurate processing of financial data

Requirements:

Experience:

• 3+ years of experience in accounting, preferably within the property and casualty insurance industry
• CPA credential or candidate preferred

Mindset:

• 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

Skills:

• Knowledge of the insurance income statement and balance sheet
• Experience in quarterly and annual financial close process and controls
• Strong project management skills - extraordinarily well-organized
• Strong analytical and technical communication skills (verbal and written)
• Strong technology skills, demonstrated ability to work with data, implementing automation tools; must be proficient in Microsoft Excel
• Minimum a bachelor's degree in accounting

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.

#LI-Hybrid

#LI-AS1

Type:
Regular

Time Type:
Full time

Primary Location:
Warren, NJ

Additional Locations:
Philadelphia, PA

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)

Location: Warren, NJ, US

Posted Date: 11/30/2024