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The Staff Accountant will be a critical member of our general accounting team. They will be responsible for assisting with the maintenance of general accounting accruals and capitalized assets, as well as assisting with cost center, divisional, and legal entity allocations.
Position is open to a hybrid work environment.
We will consider May 2025 graduates for this opportunity.
Key Accountabilities/Deliverables:
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Perform monthly, quarterly, and year-end close processes for the general accounting team
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Work with the cost center owners and division presidents to identify and record monthly and quarterly expense accruals
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Prepare monthly and quarterly account reconciliation for balance sheet accounts
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Create journal entries and adjustments when necessary
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Prepare quarterly DAC and NDAC calculation, including working with the various division presidents on a periodic basis to update the assumptions that go into the DAC and NDAC calculation
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Assist with preparation of reports and statements for various state and regulatory filings
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Assis with internal and external audit requests, as needed
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Assist in ensuring we have an effective control environment
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Perform monthly reporting of expenses against plan and against prior period, including working with cost center owners and division presidents to understand variances
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Work with IT, Facilities, and FP&A to identify and understand capitalized expenses being recorded
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Prepare accounting for established fixed assets – which includes preparing a quarterly fixed asset roll forward schedule
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Assist with reviewing allocation results for reasonableness, including periodic reporting to various internal parties
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In addition to key responsibilities, you may be required to undertake other duties from time to time as the company may reasonably require
Technical Knowledge/Understanding:
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Demonstrates strong attention to detail and organizational skills
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Ability to collaborate and work as part of a team
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Must have good working knowledge of US GAAP accounting
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Advanced Excel skills, including pivot tables
Experience:
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Bachelor’s degree in finance or accounting required
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Insurance experience is a plus
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa for this position.
#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
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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
