Aston Carter
Junior Accountant - Insurance
Aston Carter, New York, New York, us, 10261
Job Title: Junior Accountant
Job Description
We are seeking a detail-oriented Junior Accountant to join our team. The ideal candidate will be responsible for various insurance and reinsurance accounting activities, including premium and loss accounting, cash allocations, and treaty settlements. This role requires strong analytical skills, effective communication abilities, and proficiency in MS Excel.
ResponsibilitiesInsurance/reinsurance accounting activities related to premiums, losses, deposit accounting, collateral, cash allocations, and recoveries.Accurate and timely treaty bordereau preparation, validation, and distribution.Treaty settlement preparation and collections.Facultative premium and claim validation, settlement, and collections.Cash application in ceded application; research open cash items.Researching, reconciling, and responding to broker and internal client inquiries.Monthly confirmation and reconciliation of system-generated ceded balances to general ledger source reports.Quarter and Year End reporting.Provide support to internal audit and external GAAP auditors as required.Special projects as needed including data analysis and reconciliations, external reporting, and process improvement projects.Review of aging collection status of outstanding reinsurance recoverables and resolve issues delaying payment.Essential Skills
Bachelor's Degree, preferably in Accounting, Finance, IT, or Economics.Minimum 2 years of financial experience in insurance, accounting, or financial services.Exceptional MS Excel skills, including pivot tables and lookups.Effective verbal and written communication skills.Strong organizational skills and proven ability to meet strict reporting deadlines.Strong analytical and problem-solving skills.Ability to work independently and as part of a team.Ability to take on tasks with increasing responsibility and perform with a high level of independence.Additional Skills & Qualifications
CPA or CPA eligible is a plus.CPCU courses are a plus.Work Environment
The position involves a hybrid work schedule with three days in the office and two days working remotely. The role demands flexibility, with potential overtime required to meet deadlines. The work environment is supportive, with opportunities for growth and development within the company.
About Aston Carter:
Aston Carter provides world-class corporate talent solutions to thousands of clients across the globe. Specialized in accounting, finance, human resources, talent acquisition, procurement, supply chain and select administrative professions, we extend the capabilities of industry-leading companies. We draw on our deep recruiting expertise and expansive network to meet the evolving needs of our clients and talent community with agility and excellence. With offices across the U.S., Canada, Asia Pacific and Europe, Aston Carter serves many of the Fortune 500. We are proud to be a ClearlyRated Best of Staffing® double diamond winner for both client and talent service.
Diversity, Equity & Inclusion
At Aston Carter, diversity and inclusion are a bridge towards the equity and success of our people. DE&I are embedded into our culture through:
Hiring diverse talentMaintaining an inclusive environment through persistent self-reflectionBuilding a culture of care, engagement, and recognition with clear outcomesEnsuring growth opportunities for our people
The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please email astoncarteraccommodation@astoncarter.com for other accommodation options.
Job Description
We are seeking a detail-oriented Junior Accountant to join our team. The ideal candidate will be responsible for various insurance and reinsurance accounting activities, including premium and loss accounting, cash allocations, and treaty settlements. This role requires strong analytical skills, effective communication abilities, and proficiency in MS Excel.
ResponsibilitiesInsurance/reinsurance accounting activities related to premiums, losses, deposit accounting, collateral, cash allocations, and recoveries.Accurate and timely treaty bordereau preparation, validation, and distribution.Treaty settlement preparation and collections.Facultative premium and claim validation, settlement, and collections.Cash application in ceded application; research open cash items.Researching, reconciling, and responding to broker and internal client inquiries.Monthly confirmation and reconciliation of system-generated ceded balances to general ledger source reports.Quarter and Year End reporting.Provide support to internal audit and external GAAP auditors as required.Special projects as needed including data analysis and reconciliations, external reporting, and process improvement projects.Review of aging collection status of outstanding reinsurance recoverables and resolve issues delaying payment.Essential Skills
Bachelor's Degree, preferably in Accounting, Finance, IT, or Economics.Minimum 2 years of financial experience in insurance, accounting, or financial services.Exceptional MS Excel skills, including pivot tables and lookups.Effective verbal and written communication skills.Strong organizational skills and proven ability to meet strict reporting deadlines.Strong analytical and problem-solving skills.Ability to work independently and as part of a team.Ability to take on tasks with increasing responsibility and perform with a high level of independence.Additional Skills & Qualifications
CPA or CPA eligible is a plus.CPCU courses are a plus.Work Environment
The position involves a hybrid work schedule with three days in the office and two days working remotely. The role demands flexibility, with potential overtime required to meet deadlines. The work environment is supportive, with opportunities for growth and development within the company.
About Aston Carter:
Aston Carter provides world-class corporate talent solutions to thousands of clients across the globe. Specialized in accounting, finance, human resources, talent acquisition, procurement, supply chain and select administrative professions, we extend the capabilities of industry-leading companies. We draw on our deep recruiting expertise and expansive network to meet the evolving needs of our clients and talent community with agility and excellence. With offices across the U.S., Canada, Asia Pacific and Europe, Aston Carter serves many of the Fortune 500. We are proud to be a ClearlyRated Best of Staffing® double diamond winner for both client and talent service.
Diversity, Equity & Inclusion
At Aston Carter, diversity and inclusion are a bridge towards the equity and success of our people. DE&I are embedded into our culture through:
Hiring diverse talentMaintaining an inclusive environment through persistent self-reflectionBuilding a culture of care, engagement, and recognition with clear outcomesEnsuring growth opportunities for our people
The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please email astoncarteraccommodation@astoncarter.com for other accommodation options.