Accounting Analyst

Markel Corporation; Glen Allen (VA); On-site; USD 62,400 - 85,800; Full time

Job summary

Markel Corporation in Glen Allen, VA, is seeking an Accounting Analyst to record and reconcile financial results for multiple reporting segments as part of the Close Control & Reporting (CCR) department. The role supports month-end close, intercompany settlements, and regulatory compliance while collaborating with diverse finance teams.

The candidate should hold a bachelor’s degree in accounting/finance, 1–3 years of accounting experience, and strong Excel skills; CPA preferred.

Qualifications

• Bachelor’s degree in accounting, finance, or similar required.
• CPA license or candidate preferred.
• 1–3 years of accounting experience could be expected.

Responsibilities

• Perform journal entries and complex account reconciliations, ensuring audit compliance.
• Participate in monthly, quarterly, and annual close processes and prepare division/segment schedules.
• Record loss reserve data and analyze loss ratio results in the ledger.
• Assist with preparation of income statements, balance sheets, and intercompany settlements.
• Collaborate with other finance teams to resolve issues and support business goals.

Skills

Excel proficiency

Detail oriented

Time management

Motivated

Education

Bachelor's degree in accounting/finance

CPA license preferred

Job description

What part will you play? If you’re looking for a place where you can make a meaningful difference, you’ve found it.The work we do at Markel gives people the confidence to move forward and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs. Join us and play your part in something special! This position is responsible for recording and reconciling the financial results for various Markel reporting segments, divisions, and insurance companies as part of the Close Control & Reporting (CCR) department within Markel’s finance group. CCR is responsible for the controls and processes around reporting Markel’s division and segment resultsJob ResponsibilitiesPerform journal entries and complex account reconciliations including identification and remediation of all issues in compliance with audit requirements.Participate in the monthly, quarterly, and annual general ledger closing and reporting processes, including preparation of division and segment pack schedules to be presented to Finance leadership and business management.Perform the accurate and timely recording of loss reserve data into ledger and the analysis of loss ratio results.Assist with the preparation of income statement and balance sheet packages and related comprehensive analysis for variances and trends.Complete intercompany wire settlements and balancing of intercompany accounts.Participate in the internal and external audit process.Work closely with other functional areas (i.e., corporate accounting & reporting, statutory reporting, FP&A, disbursements, treasury, actuarial, reinsurance and program accounting) to resolve issues and support achievement of business goals.Assist with the preparation of insurance company financial statements and ensure compliance with statutory guidance and regulatory deadlines.Collaborate with teammates and initiate ideas with management to identify, design, and implement process improvements for greater efficiency and effectiveness.Participate in other strategic accounting and business projects as they arise.Education/CertificationsBachelor’s degree in accounting, finance, or similar requiredCertified Public Accountant (CPA) license or candidate preferredWork Experience1-3 years of accounting experienceSkill SetsStrong computer skills including a high degree of proficiency within Excel.Detail oriented with strong organizational and time management skills.Motivated individual interested in working in a dynamic environment.US Work AuthorizationUS Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.Pay information:The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. The national average salary range for the Accounting Analyst role is $62,400 to $85,800 with 12% incentive.Who we are:Markel Group (NYSE – MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.We’re all about people | We win together | We strive for betterWe enjoy the everyday | We think furtherWhat’s in it for you:In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees’ needs at all stages of life.All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.Are you ready to play your part?Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you.Caution: Employment scamsMarkel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters and frequently ask for confidential personal information. Therefore, for your safety, please note that:All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings.All legitimate communications with Markel recruiters will come from Markel.com email addresses.We would also ask that you please report any job employment scams related to Markel to [e-mail] is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.Should you require any accommodation through the application process, please send an e-mail to the [e-mail] agencies please.