Job Description

Job Summary:

This position is responsible for recording and reconciling the financial results for various Markel reporting segments, divisions, and insurance companies as part of the Close, Control & Reporting (CCR) team within Markel’s Finance department. CCR is responsible for the controls and processes around reporting Markel’s division and segment results. This position works with a strong team of finance professionals dedicated to being trusted business advisers by providing insights, service, and solutions to our customers.

Responsibilities: 

Assist with the preparation of income statement and balance sheet packages and related comprehensive analysis for variances and trends.
Assist with the preparation of insurance company financial statements and ensure compliance with statutory guidance and regulatory deadlines.
Collaborate with teammates and initiate ideas with management to identify, design, and implement process improvements for greater efficiency and effectiveness.
Complete intercompany wire settlements and balancing of intercompany accounts.
Facilitate actuarial review of loss reserves and reconciliation to IBNR meeting projections.
Participate in other strategic accounting and business projects as they arise.
Participate in the internal and external audit process.
Prepare journal entries and complex account reconciliations including identification and remediation of all issues in compliance with audit requirements.
Perform the accurate and timely recording of loss reserve data into ledger and the analysis of loss ratio results.
Play a role in the monthly, quarterly, and annual general ledger closing and reporting processes, including preparation of segment packs to be presented to Finance leadership.
Work closely with other functional areas (i.e., corporate accounting & reporting, statutory reporting, business support, disbursements, treasury, actuarial and ceded reinsurance) to resolve issues and support achievement of business goals.
Work with Manager to provide guidance, instruction, mentoring, and leadership to junior team members for purpose of achieving functional goals and objectives.
Work with Manager to create own development plan aligned with career objectives.

Education:

Bachelor’s degree in Accounting required; accounting graduate degree preferred.
Advanced level of Excel knowledge highly preferred. 
Intermediate level of SQL and/or VBA highly preferred.

Certification:

Certified Public Accountant (CPA) licensing preferred.
Insurance designations preferred (CPCU, AIAF, ARe).

Work Experience:

1 - 5 years of accounting experience preferred.
Experience applying a SQL and/or VBA in a business environment preferred.
Experience in the insurance and/or reinsurance industry preferred.