Accounting Specialist

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The Accounting Specialist will play a critical role within the Delegated Authority team and will be responsible for the reconciliation of key data within our account reconciliation tools and payment of invoices through our payment software, Workday.

This person will review transactions, Bordereaux files, and bank statements within the tools in comparison to our funding accounts to ensure alignment amongst these various data points.

This person will also enter loss funding transactions into Workday based on invoices and cash calls received throughout the month.

Strong collaboration and communication amongst the various parties is key to the reconciliation process. 

Key Accountabilities/Deliverables:


* Monitor monthly data activity within the reconciliation tools.


* Prepare monthly reconciliation reports and compliance-based statements for senior leadership to review and attest.


* Prepare and post monthly entries into Workday based on invoices and cash calls received across all programs.


* Prepare monthly and quarterly summaries of activity.


* Prepare various ad hoc analysis of reconciliations for management as requested.


* Assist in the quarterly preparation of financial material for Finance. 


* Prepare various compliance reporting of financial data for state insurance departments.


* Support internal and external audit requests related to the Delegated Authority area.


* Maintain procedural documentation for assigned responsibilities.

Technical Knowledge and Understanding:



* Advanced Excel/spreadsheet skills including pivot tables and complex formulas.


* Intermediate PowerBI skills



* Excellent analytical and organizational skills



* Familiarity with US GAAP reporting


* Ability to work independently and manage time effectively

Experience:



* Bachelor’s degree in accounting, finance, or related field required.


* 1 to 3 years accounting experience desired, preferably in insurance industry


* Proficiency with Microsoft Office Suite



* Experience with General Ledger Accounting System preferred

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