Financial Analyst - Treasury

Reposted 14 Days Ago
7 Locations
In-Office
Entry level
Insurance
The Role
Responsible for monthly bank reconciliations, journal entries, claims payment reconciliations, and ensuring compliance with escheatment filing requirements.
Summary Generated by Built In
Job Summary & Responsibilities

As a member of the Treasury department, you will be responsible for performing monthly bank reconciliations, researching reconciling items, booking journal entries and performing various other accountant and activity reconciliations.

Responsibilities:

  • Performing bank reconciliations for all PMA companies
  • Creating monthly journal entries
  • Researching aged claims checks
  • Reconciling claims payment activity from the host claims system through the payment system and to the general ledger
  • Ensure compliance with state escheatment filings requirements
  • Reconciling claims payment activity to our TPA billing system to ensure timely and accurate collection of payments
  • Demonstrate commitment to Company's Code of Business Conduct and Ethics, and apply knowledge of compliance policies and procedures, standards and laws applicable to job responsibilities in the performance of work.
Preferred Qualifications
  • Bachelor's degree in Accounting or Finance or equivalent work experience is desired
  • Prior treasury experience is preferred
  • Insurance, banking or other financial services industry experience preferred
  • Working knowledge of Oracle General Ledger software is a plus
  • Ability to work independently and develop creative solutions to workflow and other operational challenges
  • Strong computer skills, specifically Microsoft Office (Excel and Access) products
  • Hybrid to the Blue Bell office location
  • Strong verbal and written communication skills

Skills Required

  • Bachelor's degree in Accounting or Finance or equivalent work experience
  • Prior treasury experience
  • Insurance, banking or other financial services industry experience
  • Working knowledge of Oracle General Ledger software
  • Ability to work independently and develop creative solutions to workflow challenges
  • Strong computer skills, specifically Microsoft Office (Excel and Access)
  • Strong verbal and written communication skills

PMA Companies Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about PMA Companies and has not been reviewed or approved by PMA Companies.

  • Leave & Time Off Breadth Time off is described as generous, with a sizable PTO bank and a broad paid-holiday schedule. Feedback suggests the ability to accrue and use substantial leave is a standout element of the package.
  • Retirement Support Retirement support includes a 401(k) with company contributions and immediate vesting on certain employer dollars. Profit-sharing and automatic eligibility are positioned as meaningful additions to total rewards.
  • Flexible Benefits Benefits are organized in a cafeteria-style format with multiple medical plan choices, HSA options, FSAs, and a broad set of voluntary coverages. Feedback suggests this flexibility enables tailoring coverage to individual needs.

PMA Companies Insights

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The Company
HQ: Blue Bell, Pennsylvania
1,511 Employees
Year Founded: 1915

What We Do

PMA Companies provides risk management solutions and services, specializing in workers’ compensation and offering property & casualty insurance, in the United States. Headquartered in Blue Bell, PA, PMA Companies is a member of Old Republic Companies. Old Republic International Corporation (NYSE: ORI) is one of the nation’s 50 largest publicly held insurance organizations. PMA Companies includes: PMA Insurance Group, specializing in workers’ compensation, and providing other commercial property & casualty insurance products; and PMA Management Corp. and PMA Management Corp. of New England, providing results-driven TPA and Risk Services specializing in workers’ compensation and liability. We maintain a large client retention rate of 90% or higher and a client satisfaction rate of 96% per an independent survey. At PMA, we still build relationships the "old-fashioned way."​ Our clients know we care. They know we say what we do and do what we say. And they know that they can count on us to deliver tangible value to their business and to work passionately on their behalf.

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