Manager, Insurance Accounting
Everest Global Services, Inc.

Job Info

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Title:
Manager, Insurance Accounting

Company:
Everest Insurance Company

Job Category:
Finance

Job Description:

About Everest:
Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

About the Role:

The Finance Operations Group of Everest Insurance, a member of the Everest Re Group, Ltd. is looking for an Manager, Insurance Accounting to join our Warren, NJ office to support and manage the Insurance Program Administrator Accounting team to onboard new programs and manage existing programs. Ensuring monthly accounting, cash management and reporting by program administrators are timely and adhere to the program administrator agreements. Liaison with Finance, Operation, program administrators, internal and external auditors with emphasis on a strong internal control environment. Perform annual operational audits of program administrators.

Role & Responsibilities (include but not limited to):

• Ensure review and approval of TPA funding, fee payments and perform analysis and mapping changes as per agreed contractual terms.
  
• Review and sign off reconciliations related TPA Claims Adjustments , Escrow accounts and Suspense accounts.
  
• Supporting preparation and review of financial close journals including accruals, TPA adjustments, Intercompany, reclasses, quota shares and others.
  
• Maintain high level of internal controls and ensure all key controls are documented and performed timely and that all accounts are reconciled. Liaison with both internal and external auditors.
  
• Regular monitoring and resolution of balances in Deposit and Disbursement suspense while working with internal and external stakeholders.
  
• Partner with Operations, Claims, TPA's and finance to onboard new TPA's, including performing a due diligence and ensuring compliance with Everest's accounting and reporting standards.
  
• Assist with developing and maintaining monthly key performance indicator reporting to finance leadership.
  
• Provide oversight over the Claims TPA team. Identify and execute on process improvement opportunities while exploring technology and streamlining processes.
  

Qualifications:

• Bachelor's or master's degree in Accounting or CPA.
  
• 5- 10 years of experience in the insurance industry.
  

Knowledge, Skills & Competencies:

• Extensive Internal/External Audit experience.
  
• Possess high level analytical and technical communication skills (verbal and written).
  
• Excellent technology skills (Advance -Excel, Power BI, Oracle) and demonstrated ability to work with large data sets.
  
• Strong organizational skills and the ability to effectively manage time and be able to multitask in an ever-changing environment.
  
• Focus on solving problems, change management experience and positive attitude and exceeding customer expectations.
  
• Operate effectively in a culture that promotes collaboration, execution, humility, thoughtfulness, and leadership.
  
• Able to thrive under pressure and adhere to deadlines.
  
• Detail-oriented with a high level of personal accountability.
  
• Promote a culture of personal responsibility, accountability, and open communications
  

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture.

• Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.
  
• Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.
  

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

Type:
Regular

Time Type:
Full time

Primary Location:
Warren, NJ

Additional Locations:

Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at everestbenefits@everestglobal.com.

Everest U.S. Privacy Notice | Everest (everestglobal.com)

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