Bachelor’s degree in Accounting required, 2-3 years of relevant experience, CPA or CPA candidate preferred, Intermediate to advanced knowledge of Microsoft Excel..
Key responsibilities:
Oversee accounting and financial reporting for the U.S. holding company
Lead monthly close process and prepare financial statements
Assist with SEC filings and prepare financial reporting packages
Supervise staff accountant and ensure adherence to internal controls.
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James River® is a specialty insurer operating on an Excess & Surplus Lines basis in all fifty states and D.C. Since 2003, James River has provided thousands of commercial customers with creative solutions for their business insurance needs.
No two businesses are the same. At James River each submission is reviewed individually. The company operates primarily in a brokerage model working only with specifically authorized surplus lines brokers. James River's underwriting approach is characterized by a wide risk appetite and our ability to create insurance solutions for both low and higher hazard businesses, many that other underwriters simply decline. We are true E&S underwriters. We strive to provide excellent service and to treat our clients as we would like to be treated.
James River Insurance is an excess and surplus lines segment of James River Group Holdings, Ltd. and operates on an approved non-admitted basis in 50 states and Washington, DC. Since 2003, James River has provided thousands of commercial property and casualty customers with innovative and creative solutions for particular insurance needs.
At James River Insurance, we are committed to providing a stable and rewarding work environment supported by our Core Values and Guiding Principles: Integrity, Accountability, Innovation, Customer Service, Communication, and Teamwork. We are proud of our recent national recognition as a 2023, 2022, and 2021 Top Workplaces USA awards.
James River Group Holdings, Ltd. is a Bermuda-based insurance holding company which owns and operates a group of specialty insurance and reinsurance companies. The Company operates in two specialty property and casualty insurance segments: Excess and Surplus Lines and Specialty Admitted Insurance. The Company tends to focus on accounts associated with small or medium-sized businesses in each of its segments. Each of the Company's regulated insurance subsidiaries are rated "A-" (Excellent) by A.M. Best Company.
Job Summary
Oversee accounting and financial reporting for the U.S. holding company, assist with monthly investment accounting for all companies, participate in the preparation of Company SEC filings.
Duties And Responsibilities
Supervise the work of a staff accountant to include accounts payable, bank reconciliations, and recurring journal entries.
Lead monthly close process for the U.S. holding company - preparation of journal entries, account reconciliations, review of trial balance, financial statement preparation including analytics.
Assist with monthly close process for Bermuda holding company including journal entry preparation and account reconciliations.
Review and post monthly investment entries prepared by outside investment accountants. Reconcile investment holdings and activity to supporting reports and custodial accounts. Prepare investment income analytics.
Accounting for the Company’s private investment portfolio including equity method investments in renewable energy and limited partnerships.
Prepare quarter-end financial reporting packages and schedules.
Assist with the Company’s SEC filings - financial tables in press releases, financial footnotes, MD&A, investor presentations, document tie-outs.
Participate in budgeting, forecasting, and other special projects as needed.
Adherence to Company internal controls and accounting policies.
Provide client assistance as needed for internal and external audits.
Knowledge, Skills And Abilities
Intermediate to advanced knowledge of Microsoft Excel
Strong organizational skills and attention to detail
Excellent verbal and written communication skills
Experience And Education
Senior Accountant
Bachelor’s degree in Accounting required
2-3 years of relevant experience
CPA or CPA candidate preferred
Property and Casualty insurance experience a plus
Investment accounting experience a plus
SEC reporting experience a plus
Staff Accountant II
Bachelor’s Degree in accounting, finance or related required
CPA designation strongly preferred
Five years’ experience in corporate and/or public accountancy or finance roles required
Two years of hands-on accounting experience within the Property and Casualty Insurance industry strongly preferred
Assistant Manager, Accounting
Bachelor’s degree in accounting, finance or related required; Master’s degree preferred
Minimum of six years of hands-on accounting experience with GAAP or statutory accounting required
CPA designation strongly preferred
Knowledge of insurance operations and/or specific functional operations is preferred
Experience in a highly-regulated and/or financial services environment is preferred
Prior management experience preferred
Manager, Accounting
Understanding of generally accepted accounting principles
Strong knowledge of successful accounting operations and internal control processes
Working familiarity with enterprise-level financial systems and data architectures
Ability to cultivate and manage numerous internal and external relationships, including management, business partners, regulators and suppliers
Ability to recruit, manage, motivate, and develop others
Excellent written and verbal communication skills
Strong work ethic with a drive to succeed; high level of initiative and motivation
Proactive self-starter with a bias toward teamwork
Strong analytical skills with exceptional attention to detail
Ability to work under pressure and manage multiple deadlines
Desire to embrace flexibility in a rapidly changing environment
Intermediate to expert level proficiency in MS Office (Word, Excel, Outlook, etc.)
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Required profile
Experience
Spoken language(s):
English
Check out the description to know which languages are mandatory.