Senior Manager, Insurance Accounting
Everest Global Services, Inc.

Title:
Senior Manager, Insurance Accounting

Company:
Everest Insurance Company

Job Category:
Finance

Job Description:

About Everest:

It's an exciting time for Everest Group, Ltd. ("Everest")! As we continue on our journey, we see significant opportunity ahead of us to expand our reach, build diversity, and enhance our capabilities in critical markets.

Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Bermuda, Canada, Europe, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture.

Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people.

At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including:

• Generous tuition/continuing education reimbursement

• Mentoring opportunities

• Flexible work arrangements

• Talent development initiatives

• Networking groups

Everest Group, a NYSE listed S&P 500, is a leading global reinsurance and insurance provider, operating for nearly 50 years, now in over 15 countries. Everest is a growth company offering Property, Casualty and Specialty products. We have extensive product and distribution capabilities backed by a strong balance sheet which is evident in our Financial Agency Ratings of: A+ A. M. Best, A+ S&P Global and A1 Moody's Investor Service.

We take pride in being known in the industry as nimble, entrepreneurial, and responsive. Our culture is innovative, we empower our employees to make business decisions within our risk framework at a local level.

Everest Insurance®, a Division of Everest Group, Ltd is seeking a Senior Manager to assist its Financial/Management Reporting function. This position will be in Everest's corporate headquarters in Warren, New Jersey and will report to the Vice President - Insurance Accounting and Analysis.

The Everest insurance segment is a Specialty Diversified insurance company continuing its rapid growth and transformation with infrastructure, product enhancement and human capital investments.

This position will be part of the Insurance Reporting team. The team is responsible for planning, coordinating, and executing the quarterly close process and controls for the Insurance segment. The position will have an opportunity to build on a firm foundation of processes, enhance reconciliations, strengthen controls, expand analytics, and add efficiency and automation to the closing process. Requires deep knowledge of insurance systems and processes, and strong technical finance and accounting expertise.

Responsibilities:

• Oversee and develop the reporting team
• Manage the timing and accuracy of the quarterly close process including:
• Review, calculate and record deferred acquisition costs
• Ensure quarterly balance sheet reconciliations are performed and reviewed
• Perform detailed financial review and analytics
• Liaise with internal and external auditors on key controls, processes, and reconciliations
• Evaluation/Interpretation of GAAP and Stat accounting guidance and impact on company
• Provide timely internal reporting of P&C segment financial results and quarterly statutory financial results for the Board meetings
• Identifies finance core processes for standardization/redesign; designs and develops process improvements and automation to accelerate the close
• Designs and implements the necessary accounting system changes to ensure efficient and accurate processing of financial data; participate in the development and implementation of new General Ledger system
• Develop and demonstrate solid command of the operational and financial context of the business

Requirements:

Experience:

• 10+ years of progressive experience in the property and casualty insurance industry with an advanced understanding of all processes associated with financial analysis, reporting and controls
• CPA credential strongly preferred

Mindset:

• Strategic thinker; strong leadership skills; anticipates and plans for the future
• Strong problem-solving skills, change management experience, and positive attitude
• Capable of executing change and influencing others to adopt new practices
• Results oriented mind, hands-on, detailed, and proven track record of driving ideas and projects to completion
• Maintain a sense of urgency and wind sprint to identify and resolve issues. Action oriented and strong work ethic
• Operate effectively in a culture that promotes collaboration, execution, humility, thoughtfulness and leadership
• Promote a culture of personal responsibility, accountability and open communications

Skills:

• Expert level knowledge of the full insurance income statement and balance sheet
• Robust knowledge and experience in quarterly and annual financial close process
• Expert knowledge, management, and execution of a robust control environment
• Strong project management skills - extraordinarily well-organized
• Strong analytical and technical communication skills (verbal and written)
• Strong technology skills, demonstrated ability to work with and build databases, implementing automation tools; must be proficient in Microsoft Excel
• Minimum a bachelor's degree in accounting

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.

#LI-Hybrid

#LI-AS1

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.

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