Job Description
Come grow with James River Insurance!
James River Insurance is an excess and surplus lines segment of James River Group Holdings, Ltd. and operates on an approved non-admitted basis in 50 states and Washington, DC. Since 2003, James River has provided thousands of commercial property and casualty customers with innovative and creative solutions for particular insurance needs.
At James River Insurance, we are committed to providing a stable and rewarding work environment supported by our Core Values and Guiding Principles: Integrity, Accountability, Innovation, Customer Service, Communication, and Teamwork. We are proud of our recent national recognition as a 2023, 2022, and 2021 Top Workplaces USA awards.
Job Summary
The Accounting Associate will provide support to the Accounts Receivable, Accounts Payable, General Accounting, Statutory Accounting, or another sub-functional team within the Finance department, by processing transactions according to functional and departmental timeliness and accuracy standards, communicating effectively with both internal and external customers, and handling day-to-day tasks that will assist management and others in making educated economic decisions.
Duties and Responsibilities
• Continuously exhibit and uphold Core Values of Integrity, Accountability, Communication and Teamwork, Innovation and Customer Service
• Conform with and abide by all internal and external regulations and policies
• Process daily transactions using the Company’s core systems
• Identify and resolve transaction discrepancies with internal and external customers
• Assist in reconciling daily transactions between systems, prior periods and provide supporting documentation
• Assist in maintaining and improving systems and controls which verify the integrity of all systems, processes, and data
• Respond to management with accurate and timely reporting, both ad-hoc and on-going, to facilitate communication of the Company’s financial performance
• Send copies of documents to internal and external customers as requested
• Coordinate external customers’ requests for information with other departments
• Establish and maintain proper recordkeeping and filing systems
• Identify areas of improvement opportunity and communicate these with department management
• Handle various projects as assigned by department management to improve functional operation
Knowledge, Skills and Abilities
• Knowledge and competencies with generally accepted accounting principles (GAAP) including account reconciliation, audit/control procedures, cash, A/P, A/R and/or accounting systems
• Excellent written and verbal communication skills
• Strong work ethic with a drive to succeed; high level of initiative and motivation
• Proactive self-starter who works well independently and in a team environment
• Strong analytical skills and attention to detail
• Ability to prioritize and handle multiple tasks in a fast-paced environment
• Effective decision-making skills and an ability to perform under deadline pressure
• Intermediate level proficiency in MS Office (Word, Excel, Outlook, Power Point)
Experience and Education
Accounting Associate
• High School Diploma or Associates Degree required
• Actively pursuing or achieved a bachelor’s degree in accounting, finance or related area of study preferred
• Prior experience or internship in corporate finance a plus
Accounting Associate II
• High School Diploma or Associates Degree required
• Actively pursuing or achieved a bachelor’s degree in accounting, finance or related area of study preferred
• One or more years’ experience in corporate accounting or finance required
Senior Accounting Associate
• Pursuing or achieved a four-year degree in Accounting, Finance or related required
• Two plus years prior experience in corporate finance or equivalent required
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