Jr. Financial Analyst, Regulatory Reporting

Company Details

Our Company provides a state of predictability which allows brokers and agents to act with confidence. Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States. Along the way, we've been listed on the New York Stock Exchange, become a Fortune 500 Company, joined the S&P 500, and seen our gross written premiums exceed $10 billion. Today the Berkley brand comprises more than 60+ businesses worldwide and is divided into two segments: Insurance and Reinsurance and Monoline Excess. Led by our Executive Chairman, founder and largest shareholder, William R. Berkley and our President and Chief Executive Officer, W. Robert Berkley, Jr., W.R. Berkley Corporation is well-positioned to respond to opportunities for future growth.

The Company is an equal employment opportunity employer.

Responsibilities

Hands-on position that is responsible for assimilating and reporting financial regulatory information for assigned states from 50+ profit centers representing 30 insurance legal entities. Responsibilities also include, but are not limited to, processing invoices for payment, processing and responding to correspondence from regulatory agencies and effectively communicating with profit centers across the organization. Reports directly to the Director of Regulatory Reporting. Responsible for the organization's premium by broker reporting. Assist other areas within the organization by providing accounting and analytical support and assistance, as needed. This is an individual contributor role.

Key Functions/Duties of Position: Describe the overall job responsibilities (including any decision-making authority) for this position:

• Coordinate with 50+ profit centers to prepare and gather financial information to timely and accurately file regulatory state forms for 30 legal entities in assigned states and U.S. territories to include processing payments when required.
• Process and approve assigned invoices for timely and accurate payment of regulatory fees, assessments, surcharges, and other invoices.
• Maintain listing of deliverables, invoices, and other correspondence; track due dates; and report progress to the Director of Regulatory Reporting.
• Assist with the completion of premium tax returns as requested.
• Maintain effective workflow processes to accomplish objectives of the position.
• Participate in special projects as required.

Qualifications

2-4 years of insurance background (state/regulatory reporting)

Common Competencies:

Adaptability Adapts to changes in the work environment; able to manage competing demands; accepts criticism and feedback and implements changes; changes approach or method to adapt to the situation.

Focus on Results Pursues commitments and deadlines until completion; recognizes and acts on opportunities; takes responsibility for outcomes.

Problem Solving Identifies problems in a timely manner; gathers and analyzes information skillfully; develops alternative solutions.

Language Skills Ability to read, analyze and interpret business periodicals, professional journals, technical procedures, or governmental regulations; ability to write business correspondence and procedure manuals; ability to effectively present information and respond to questions from supervisors/managers, accounting colleagues, corporate clients, and other employees.

Analytical and Computer Skills Ability to analyze and compare data; ability to learn and use changing technology and communicate best practices.

Planning and Organizational skills Attention to detail and accuracy while working on multiple tasks.

Education Requirement:

Bachelors Degree in Accounting from four-year university preferred or 2-year degree with insurance reporting experience.

Two years of property and casualty insurance experience preferred.

Advanced skills in Excel, Hyperion and Essbase reporting with the ability to analyze results.

Premium Pro and WINGS experience a plus.