Staff Accountant

Posted 2 Days Ago
Be an Early Applicant
Long Beach, NY
62K-65K Annually
Junior
Insurance
The Role
The Staff Accountant will prepare monthly and quarterly journal entries, maintain accounting databases, perform reconciliations, assist in preparing financial statements and regulatory filings, and support ad-hoc projects. This role offers an opportunity to enhance skills in the insurance accounting domain.
Summary Generated by Built In

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Lancer Insurance Company, recognized as one of the nation’s premier commercial auto insurance carriers, is seeking a Staff Accountant with at least 1+years of experience in an accounting or finance position. This a great opportunity for someone to gain experience and skills in accounting insurance, including assisting with statutory financial statement preparation and regulatory filings.

Key Accountabilities/Deliverables:

  • Prepare monthly and quarterly journal entries capturing

    • insurance activity (premium, unearned premium, commissions, paid losses and loss adjustment expenses and case reserves)

    • taxes, fees and manual adjustments identified by the policy admin system

  • Maintain Accounting insurance activity database and generate monthly/quarterly reports

  • Perform reconciliations including

    • Premiums receivable - General Ledger to sub ledger

  • Maintain fixed asset sub-ledger includes :

    • Additions / Disposals of fixed assets

    • Calculating/ recording the depreciation expense

    • Reconciliation of Fixed Asset Sub-ledger to General Ledger

  • Maintain the state tax filing record keeping database

  • Assist with preparation of annual audited statutory financial statements

  • Assist with preparation of quarterly and annual regulatory filings

  • Assist with ad-hoc projects

Technical Knowledge and Understanding:

  • Strong verbal and written communication skills

  • Strong analytical skills

  • Proficient with Microsoft Office (Outlook, Excel, Word, Access)

Experience:

  • Bachelor’s degree Accounting or Finance required.

  • 1 + years of work experience in accounting/finance.

  • Experience with modern accounting software.

The salary range for this position is $62,400 - $65,000 and is commensurate with the candidate’s insurance claims experience and qualifications.

 

 

#LI-Hybrid

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At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program

The Company
HQ: Cincinnati, Ohio
390 Employees
On-site Workplace

What We Do

Core Specialty, through its subsidiary insurers, offers a diversified range of property, casualty, and marine insurance products for small to mid-sized businesses.
We have the capital to take on risk, the underwriting talent in place, decisive leadership team, infrastructure, and a proven track record of making things happen – fast!

When you’re ready to solve your toughest insurance needs, we’re ready to get it done for you.
We free customers up to focus on their business by taking the load of complicated specialty insurance off their hands.
We break down the walls of bureaucracy to provide optimal underwriting solutions for brokers.
We’re ready, equipped, and motivated to get the job done, efficiently and professionally, by empowering experts with what they need to move quickly on behalf of customers and their brokers.

Our specialty focus is the essential part of our identity.
It is at our core

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