Accountant III

AmTrust Financial Services Inc.; Jersey City, Hoboken (NJ, NJ); On-site; USD 85,000 - 105,000; Full time

Job summary

Join a forward-thinking insurance company as an Accountant III, where you will engage in dynamic financial reporting and analyses. This role offers the chance to work with a high-performing team, contributing to quarterly financial packages and statutory reporting while ensuring compliance and accuracy. You will collaborate across departments, enhancing your skills in a supportive environment that values work/life balance. With a competitive salary and comprehensive benefits, this position is perfect for motivated individuals eager to make a significant impact in the insurance sector and grow their careers in a diverse and inclusive culture.

Benefits

Medical & Dental Plans

Life Insurance

401k Savings Plans

Paid Time Off

Health Care Flexible Spending

Dependent Care

Qualifications

• 5+ years of accounting experience, especially in financial statements and flux analyses.
• Strong understanding of U.S. GAAP and SOX, with insurance industry experience preferred.

Responsibilities

• Prepare financial packages, statutory reporting, and balance sheet reconciliations.
• Assist in GAAP and Regulatory financial statements preparation.

Skills

Accounting Experience

Financial Reporting

Analytical Skills

Communication Skills

Critical Thinking

Multi-tasking

Education

Bachelor's Degree in Accounting

CPA

MBA

Tools

Oracle ERP

Hyperion/FCCS

Smartview

Excel

Job description

Overview

AmTrust is one of the leading writers of workers’ compensation insurance in the nation with Forbes Magazine designating Amtrust within the top 100 Largest Private Companies in the country. We are recipient of the Five-Star Excellence Award for Workers Comp by the Insurance Business America for 2023. We are also recipient of the 2023 Best and Brightest Companies to Work for award, selected for having the most innovative well-being practices, by the National Association for Business Resources (NABR). If you are looking for an Accountant III level position, come join our team. We are looking for someone who is motivated, dynamic, and agile to perform a variety of general and statutory accounting, financial reporting and analyses for the North American property and casualty insurance division. You will be joining a high performing team that celebrates each individuals’ contributions and shares everyone’s success as a team. We work with pride when called upon yet strive for work/life balance.

This position will prepare quarterly financial packages, statutory reporting, balance sheet reconciliations, analyses, journal entries, compliance filings, and work on projects. This position will also work with data cubes and accounting hubs and prepare ad hoc financial analyses. The Accountant III will be partnering with others in the finance organization, as well as, interacting with underwriting, claims, actuary, and compliance departments.

Responsibilities

• Perform routine financial close activities such as journal entries, account reconciliations, and financial package preparation.
• Perform quarterly balance sheet account reconciliations, cash reconciliations, and investigate unusual items.
• Maintain accurate and detailed quarterly accrual schedules.
• Ensure the accurate and timely recording and reconciliation of all intercompany activity by researching and resolving differences with other entities.
• Provide support to the corporate team, as necessary.
• Assist with other ad hoc responsibilities including participation in special projects, such as system implementation and/or enhancements, business integration, internal controls, and ad hoc analyses.
• Assist in the preparation of GAAP and Regulatory financial statements.

Qualifications

• 5+ years of strong and progressive accounting experience, including experience in preparing financial statements and flux analyses. Insurance industry experience a plus.
• Bachelors’ degree in Accounting required. CPA and or MBA preferred.
• Strong understanding and application of U.S. GAAP and SOX. Statutory accounting and reinsurance background preferred.
• Oracle ERP, Hyperion/FCCS, Smartview and or similar accounting software experience a plus.
• Intermediate to Advanced skill in Excel required.
• Critical thinker with ability to prepare workbooks from the ground up based on terms of contracts and or assumptions, and to organize information for presentations.
• Self-starter, proactive in looking for ways to improve, hard-working and highly analytical.
• Ability to multi-task, to prioritize competing commitments in a fast-paced environment, and to deliver under tight deadlines.
• Strong attention to detail and capable of delivering high quality work results.
• Ability to work independently, as well as, in a team environment.
• Excellent oral and written communication skills.

The salary range for this role is $85,000-$105,000. This range is only applicable for jobs to be performed in Jersey City, New Jersey. Base pay offered may vary depending on, but not limited to education, experience, skills, geographic location, travel requirements, sales or revenue-based metrics. This range may be modified in the future.

What We Offer

AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.

AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.

AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.