Financial Accountant

Posted 2 Days Ago
Be an Early Applicant
New York, NY, USA
In-Office
80K-110K Annually
Entry level
Insurance
The Role
Support financial and management reporting, overhead expense analysis, budgeting, and audits. Prepare and review financial statements, schedules, and variance analyses. Assist monthly/quarterly close, pension statement preparation, and ad hoc reporting projects within a small team.
Summary Generated by Built In

About Us

Since 1977 we have delivered first class solutions to insurers worldwide, by combining global reach with local decision making. We have built customer & broker relationships on years of trust, experience and execution. Through our people, our products and our partnerships, we deliver the capacity and expertise necessary to contribute to the sustainable growth of prosperous communities worldwide. To do so, our colleagues work with:

Integrity                      Work honestly, to enhance TransRe’s reputation

Respect                       Value all colleagues. Collaborate actively.

Performance               We reward excellence. Be accountable, manage risk and deliver TransRe’s strengths

Entrepreneurship        Seize opportunities. Innovate for and with customers.

Customer Focus         Anticipate their priorities. Exceed their expectations.

We have the following job opportunity in our New York City office:

Description

The Financial Accountant will support financial reporting, management reporting, overhead expense analysis, budgeting, and related projects within a small team environment. This role will assist with quarterly and annual reporting deliverables, monthly and quarterly close activities, and the preparation and review of financial statements and expense budgets. This position requires a detail-oriented accounting professional who can apply accounting knowledge, analyze financial information, communicate clearly, and manage assigned responsibilities with independence. Responsibilities required of this role include, but are not limited to:

  • Assisting with the preparation and review of management's quarterly financial supplement, financial reporting packages submitted to the parent company, and audited standalone company financial statements.
  • Assisting with audited pension plan financial statements required for Department of Labor reporting.
  • Performing monthly and quarterly overhead expense reviews, including analysis of actual results, close support, and variance explanations.
  • Assisting with the preparation, review, and analysis of annual overhead expense budgets.
  • Preparing and maintaining financial schedules, analyses, and supporting documentation; reviewing financial results and expense activity to identify trends, variances, or items requiring follow-up.
  • Supporting ad hoc financial reporting, expense analysis, budgeting, and management reporting projects.

Requirements

  • Bachelor's degree in accounting from an accredited university.
  • Proficiency in Microsoft Excel skills, including formulas, Pivot Tables, x-lookups, and other functions to support financial reporting, analysis, and reconciliations.
  • Strong understanding of accounting principles and financial reporting concepts.
  • Ability to analyze financial information and explain variances or trends clearly.
  • Strong teamwork skills and ability to collaborate effectively in a small team environment.
  • Detail-oriented with the ability to manage multiple priorities and meet reporting deadlines.

Preferred Skills & Experience

  • Familiarity with ERP systems, Workday is a plus.
  • Insurance or reinsurance industry experience.
  • Experience with financial reporting, expense analysis, budgeting, or audit support.
  • Experience preparing or reviewing financial schedules and supporting documentation.

Work Schedule

TransRe is supportive of an agile work schedule, which may differ based on individual roles, your local office’s practices and preferences marketplace trends, and TransRe’s business objectives. This position is located in our New York City office and is eligible for a hybrid work schedule with 3 days in the office per week, and 2 days remote.

Compensation

In addition to base salary, for this position, TransRe offers a comprehensive benefits package, paid time off, and incentive pay opportunity. The anticipated annual base salary range in New York for this position, exclusive of benefits, paid time off, and incentive pay opportunity is $80,000 – $110,000. This range is an estimate and the actual base salary offered for this position will be determined based on certain factors, including the applicant’s specific skill set and level of experience.

We are an Equal Opportunity Employer (EOE) and we support diversity in the workforce.

Skills Required

  • Bachelor's degree in accounting from an accredited university
  • Proficiency in Microsoft Excel (formulas, Pivot Tables, XLOOKUP)
  • Strong understanding of accounting principles and financial reporting concepts
  • Ability to analyze financial information and explain variances or trends clearly
  • Strong teamwork skills and ability to collaborate effectively in a small team
  • Detail-oriented with the ability to manage multiple priorities and meet reporting deadlines
  • Familiarity with ERP systems (Workday is a plus)
  • Insurance or reinsurance industry experience
  • Experience with financial reporting, expense analysis, budgeting, or audit support
  • Experience preparing or reviewing financial schedules and supporting documentation
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The Company
HQ: New York, New York
642 Employees
Year Founded: 1977

What We Do

We are a leading international reinsurance organization headquartered in New York with operations worldwide. We offer reinsurance capacity on both a treaty and facultative basis. We built our business on the principles of capacity, reliability, expertise and creativity to deliver the risk transfer solutions you need to support your business. We work closely with you, listening and asking to understand your strategic objectives, and offering you the full spectrum of property and casualty products, services and support to help you grow and succeed. We have dedicated teams of local professionals near you and we build relationships based on the fundamental promise that we will be here when you need us. We have the ability and willingness to pay your claims. We are members of the Berkshire Hathaway group of companies. We value risk. Our Core Values are woven into our key employment policies and procedures: Integrity - Work honestly. Enhance our reputation. People - Develop diverse talent. Reward excellence. Customer Focus - Anticipate their priorities. Exceed their expectations. Respect - Value all colleagues. Collaborate with one another. Entrepreneurship - Seize opportunities. Innovate for and with customers. Performance - Be accountable. Manage risks. Deliver our strength. For immediate and confidential consideration, please email your resume to [email protected].

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