Financial Analyst
Squaremouth Inc
Financial AnalystTo assist account handlers in processing daily account activity. To provide technical support in accordance with company operating procedures.Understands accounting rules and regulations in regards to International & Domestic GAAP Financial Statements. Understanding of insurance accounting and its applicability to corporate financials, loans, investments and other financial matters. Ability to plan and schedule calendar in advance of reporting needs.Prepare financial statements for captive insurance companies and risk retention groups. Should be able to have a strong understanding of Quickbooks as an application platform, needs to prepare financial statements using Quickbooks applications, and be able to communicate that to internal employees as well as outside regulators, auditors and other interested parties. Needs to understand how to prepare and maintain a general ledger, balance sheet, income statement.Ability to use various domicile annual reporting systems. Ability to prepare premium tax returns for various domiciles. Demonstrates knowledge and understanding of general business issues, including but not limited to, insurance, tax, legal issues, accounting trends. Effectively monitors and documents activity to prevent E&O and other problems and works with client to establish ongoing client service standards. Maintaining account folders in accordance with internal Quality Control guidelines. Demonstrates high commitment to clients and is proactive in addressing client issues. Check policy coverages and endorsement on all new business and renewals for accuracy and relevance. Complete specs, prepare proposals, policy summaries and reviews Assist with the sales process where needed. This can include follow-up with clients, prospects, and outside advisors. Process endorsements, placement requests and invoicing: Credit, Debit, Monthly reports Review policies for accuracy and adequacy of coverage, including rating calculations Assist with Accounting department on research and justification of premium charges as compared with endorsements and invoices Handle or refer insured's and underwriter's questions Perform other specific duties as directed by the Account Executive Pursue a program of professional development Begin studies for appropriate licensesQualifications:Detail oriented with good mathematical and communication skillsAbility to understand financial statementsGood typing skills and computer literacyAbility to work within designated time framesGood interpersonal skillsAccounting background preferredRequired Skills:Strong computer skills; Excel & Word a mustQuickbooks experience preferredDepartment Account Management & ServiceRequired Experience: 5-7 years of relevant experienceRequired Travel: NegligibleRequired Education: High school or equivalentHUB International Limited is an equal opportunity employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations.
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