Finance Associate

Berkley; Ewing Township (NJ); On-site; USD 70,000 - 85,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

Wellness program

Paid time off

401(k) and profit sharing

Job summary

Berkley Life Sciences, a unit within W.R. Berkley Corporation, seeks a financial accountant to maintain records, prepare reports, and ensure regulatory compliance. You will collaborate across teams to support budgeting, reporting, and financial operations in a life sciences insurance context.

The role requires a Bachelor's in accounting, 2+ years of corporate accounting experience, and strong Excel/Power BI skills with exposure to AI capabilities. Base salary and benefits reflect the NJ market.

Qualifications

• Bachelor's degree in accounting or business-related field.
• 2+ years of financial/accounting experience in a corporate environment, preferably in insurance.
• Proficiency in Excel, Access, Power BI and exposure to AI capabilities.

Responsibilities

• Maintain financial records and prepare reports.
• Ensure compliance with financial regulations.
• Work with team to support the company's financial operations.
• Prepare balance sheet account reconciliations.
• Monitor monthly close and resolve intercompany discrepancies.
• Assist with monthly expense budgeting and data uploads to Vena.
• Streamline manual processes with technology and analytics.

Skills

Excel

Access

Power BI

AI capabilities

Analytics

Education

Bachelor's degree in accounting

Tools

Vena

Job description

Company Details

W.R. Berkley Corporation is a Fortune 500 Company, listed on the New York Stock Exchange. The Company is made up of dedicated and passionate people committed to delivering the highest quality insurance products and services to specialized markets worldwide.

Our culture is one of innovation, creativity and teamwork. Our team is highly motivated, passionate about our business, and deeply experienced in developing and delivering product and service solutions in the life science marketplace. You will join a highly respected team of experienced, successful professionals with deep expertise in this market as they build the company of the future.

At Berkley Life Sciences, we insure the future of life science innovators today. We do so by serving as a preferred market for the life science industry around the globe, offering a broad range of sophisticated property & casualty products and services designed to meet our customers' individualized needs.

The company is an equal employment opportunity employer.

Berkley Life Sciences professionals cohesively respond to the unique challenges faced by our life science customers. We are looking for talented and dedicated professionals to join our team.

Company URL: https://berkleyls.com/

Responsibilities

This role, a key contributor within the Berkley Life Sciences organization will be responsible for maintaining financial records, preparing reports, and ensuring compliance with financial regulations. This role involves working closely with other team members to support the company's financial operations.

In strategic alliance with the CFO:

• Compiles and analyzes financial information to prepare entries to expense accounts and completes corresponding reconciliations.
• Prepare balance sheet account reconciliations.
• Analyzes expense variances to budget along with changes throughout the year, in total and by department.
• Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports. Works with the IT team to resolve data inconsistencies.
• Monitor Corporate "Monthly Close" dashboard for 'RED lights' while working with other Berkley accounting staff to resolve intercompany charges.
• Prepare monthly and quarterly reinsurance accounting and reporting.
• Process reinsurance cash and premium adjustments into the FRS system.
• Assist with monthly review of expense reimbursement submissions using Chrome River database.
• Assists in the annual planning process with focus on the annual expense budget and preparing budget data uploads to Vena (budget program).
• Streamline existing manual processes by applying technology and analytics to improve the business process.
• Ensures that all deadlines are met in accordance with the closing dates set by management.

Qualifications

What you Bring:

Bachelor's degree in accounting or other business-related field, from an accredited institution.

2 + years of financial/accounting experience in a corporate environment, preferably in the insurance industry.

Proficiency in Excel, Access, Power BI and exposure to AI capabilities.

Who you have:

Exceptional oral and written communication skills. Your communication style is flexible to the situation. You communicate clearly and with a purpose

Calm under pressure. You have excellent organizational skills, integrity, and great follow-through on tasks. You are comfortable challenging norms while working collaboratively with colleagues at all levels of the organization

You have a strong sense of accountability, fun and adventure

A strong customer service bias. You want to get to yes. You are known for your super responsiveness. You can say no and preserve your relationships.

Natural curiosity. You love learning how things work, and you are always looking for innovative improvements

Cultivate a mindset of analytical thinking and become a natural problem solver.

Dive into the world of complex accounting concepts with confidence, documenting your findings with clarity.

Enjoy the process of gathering and interpreting data, turning information into valuable insights.

Advanced proficiency with the Microsoft suite of products.

The Company is an equal employment opportunity employer

Additional Company Details

We do not accept unsolicited resumes from third party recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees including:

• Base Salary Range: $70-$85k
• Benefits include: Health, dental, vision, dental, life, disability, wellness, paid time off, 401(k) and profit-sharing plans
• The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Sponsorship Details

Sponsorship not Offered for this Role