Accounting Analyst
Crum & Forster Insurance Co - Morristown, NJ

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Entry level opportunity for an Accounting major to work in the Financial Services Department within Crum & Forster Insurance. This role will have a dual report two key accounting areas: Investments and Treasury.

DUTIES AND RESPONSIBILITIES

Investments 

Assist with overall reporting and accounting of the Company’s complex investment portfolio on an IFRS and Statutory basis 
Prepare quarterly and annual Statutory investment schedules for each insurance subsidiary 
Research and reconcile investment transactions cash and trade activity 
Prepare quarterly Statutory compliance analysis against requisite statutes 
Research complex IFRS and Statutory investment accounting issues

Treasury 

Calculate daily cash position of the Company; perform required fundings and transfer excess funds, if any, to the investment account. Update all required receipt and disbursement spreadsheets 
Prepare weekly cash flow report including comparison to prior year and distribute to management 
Monitor positive pay results for disbursement accounts. Follow-up with appropriate department for any potentially fraudulent checks 
Prepare required monthly journal entries to account for all receipts and disbursements 
Monitor bank analysis fees and identify opportunities for savings potential 
Back-up Cash Supervisor and Cash Analyst on daily treasury operations responsibilities

Both 

Perform assigned general ledger account reconciliations monthly 

Perform special requests and projects as needed for management

POSITION QUALIFICATIONS 

B.S. Accounting or equivalent required 
Any cash management experience desirable 
Excellent communication skills, including verbal, and written 
Strong analytical skills 
Strong PC skills – proficient with Microsoft Office – Excel, Outlook, Word 
Ability to meet tight deadlines on a monthly basis 
Flexibility to work overtime including weekends for year-end reporting 
Ability to work in a team environment

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