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Senior Accountant

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. 

Responsibilities

This role, a key contributor within the Berkley Life Sciences organization will be responsible for managing complex accounting tasks, ensuring compliance with financial regulations, and providing leadership within the accounting department. This role involves working closely with other team members and senior management to support the company's financial operations. 

 

In strategic alliance with the CFO: 

  • Oversee and manage general accounting functions and general ledger. 
  • Compiles and analyzes financial accounting data to ensure accurate and timely monthly, quarterly and year end financial reports and statements.  
  • Analyzes expense variances to budget along with changes through the year, in total and by department. 
  • Analyze financial data and create detailed reports for management 
  • Assists in the annual planning process with focus on the annual expense budget and preparing budget data uploads to Vena (budget program). 
  • Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports.  Works with the IT area to resolve data inconsistencies. 
  • Monitor Corporate “Monthly Close” dashboard for ‘RED lights’ while working with other Berkley accounting staff to resolve intercompany issues. 
  • Prepare monthly and quarterly reinsurance accounting and reporting. 
  • Assist with monthly review of expense reimbursement submissions using Chrome River database. 
  • Ensures that all deadlines are met in accordance with the closing dates set by management. 
  • Streamline and document existing processes. 
  • Perform quarterly SOX compliance testing of key controls. 
  • Manage internal and external audit inquiries, data requests and managing the PBC listing. 
  • Review fixed asset input and system reconciliation 

Qualifications

Bachelor’s degree in Accounting or other business related field, from an accredited institution. 

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

  • CPA or CMA certification a plus. 

 

  • 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. 
  • You have a deep and confident understanding of accounting principles and practices, guiding you towards financial clarity and success. 
  • 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 

Average salary estimate

$95000 / YEARLY (est.)
min
max
$80000K
$110000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior Accountant, Berkley

Join W.R. Berkley Corporation as a Senior Accountant in Ewing, where you'll become part of a Fortune 500 company renowned for delivering top-notch insurance products and services on a global scale. At Berkley Life Sciences, we pride ourselves on an innovative and collaborative culture that fosters creativity and teamwork. As a Senior Accountant, you'll play a vital role in managing intricate accounting tasks and ensuring financial regulations are met with precision. Collaborate closely with our talented team and senior management to enhance our financial operations. From overseeing general accounting functions to analyzing financial data for strategic insights, your contributions will be crucial in driving our mission forward. You'll also delve into the annual planning process, monitor corporate financial health, and work diligently to resolve potential discrepancies. If you have a knack for problem-solving and a passion for the life sciences marketplace, we invite you to help us insure the future of innovation today. Join us, where your expertise will shape the accounting landscape and support the dynamic needs of our clients, as we build the company of the future together!

Frequently Asked Questions (FAQs) for Senior Accountant Role at Berkley
What qualifications do I need to become a Senior Accountant at W.R. Berkley Corporation?

To become a Senior Accountant at W.R. Berkley Corporation, you'll need a Bachelor's degree in Accounting or a related business field from an accredited institution. Additionally, having over 5 years of financial or accounting experience, preferably within the insurance industry, is crucial. CPA or CMA certifications are a plus, as they can significantly enhance your application.

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What are the primary responsibilities of a Senior Accountant at W.R. Berkley Corporation?

As a Senior Accountant at W.R. Berkley Corporation, you'll manage complex accounting tasks while ensuring compliance with financial regulations. You'll oversee general accounting functions, compile and analyze financial data, assist in budgeting, and work closely with the CFO. Additionally, you'll handle monthly closings, manage internal and external audit inquiries, and aid in developing innovative accounting processes.

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What skills are essential for a Senior Accountant at W.R. Berkley Corporation?

Essential skills for a Senior Accountant at W.R. Berkley Corporation include strong organizational and analytical thinking abilities, exceptional oral and written communication skills, and a calm demeanor under pressure. A solid understanding of accounting principles, advanced proficiency in Microsoft Office products, and a customer service-oriented mindset will also be advantageous in this role.

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How does W.R. Berkley Corporation support professional growth for Senior Accountants?

W.R. Berkley Corporation is committed to the professional growth of its employees, particularly Senior Accountants. You'll find opportunities for continuous learning, collaborative teamwork, and involvement in innovative projects. The company's culture encourages curiosity and offers pathways for career development, ultimately enhancing both personal skills and professional expertise in the accounting field.

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What makes the Senior Accountant role at W.R. Berkley Corporation unique?

The Senior Accountant role at W.R. Berkley Corporation is distinguished by its strategic involvement within the Berkley Life Sciences organization. This position not only focuses on traditional accounting tasks but also emphasizes collaboration with senior management to drive financial operations, enabling you to play a pivotal role in supporting the life sciences industry and innovating on a larger scale.

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Common Interview Questions for Senior Accountant
Can you describe your experience with general ledger management as a Senior Accountant?

When asked about general ledger management, provide examples from your previous roles where you've successfully overseen ledger activities. Highlight your expertise in ensuring accuracy and timely financial reporting while emphasizing your familiarity with accounting software and compliance procedures.

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How do you ensure compliance with financial regulations in your accounting practices?

In answering this question, discuss your proactive approach to staying up-to-date with financial regulations. Mention your methods for conducting regular audits, thorough documentation practices, and collaborative efforts with teams to address any compliance issues effectively.

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What analytical skills do you possess that can help in analyzing financial data?

Be prepared to elaborate on your analytical skills by discussing your experience with financial data interpretation. Give examples of how you've used data analytics to identify trends, resolve discrepancies, and provide actionable insights for management.

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How do you handle deadlines in a fast-paced environment?

Illustrate your approach to managing deadlines under pressure. Emphasize your organizational skills and how you prioritize tasks effectively. Consider sharing a specific example where your planning led to successful outcomes while meeting tight deadlines.

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Describe a time when you had to resolve a complex financial discrepancy.

Use the STAR method (Situation, Task, Action, Result) to describe a specific incident. Be sure to share the steps you took to identify the discrepancy, the collaborative efforts involved, and how you ensured it was resolved successfully.

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What experiences do you have in preparing financial reports?

When discussing your financial reporting experience, mention specific types of reports you've prepared, the frequency of these reports (monthly, quarterly, annually), and how you ensured accuracy and compliance with standards.

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What accounting software are you proficient in?

List the accounting software you are familiar with, particularly any that are used within the insurance industry or specific to W.R. Berkley Corporation. Discuss how you’ve utilized these tools to enhance efficiency in your accounting tasks.

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How do you approach strategic planning related to budgets?

Describe your strategic planning process for budgets, highlighting any methodologies or tools you use. Discuss your collaboration with other departments to gather necessary insights and how you ensure that budget processes align with company objectives.

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Why do you want to work for W.R. Berkley Corporation as a Senior Accountant?

Reflect on the company's values and culture that resonate with you. Express your admiration for their commitment to innovation within the life sciences sector and your desire to contribute your expertise to their mission of supporting clients effectively.

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How do you stay current with the latest accounting regulations and standards?

Discuss your commitment to professional development by mentioning any certifications, training programs, or industry publications you follow. Highlight how you integrate new knowledge into your accounting practices effectively.

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TEAM SIZE
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HQ LOCATION
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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
April 2, 2025

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