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Berkshire Hathaway GUARD Insurance Companies

Insures businesses against property and liability risks

Junior Accountant

Financial AccountingConfirmed live in the last 24 hours
Full-timeWilkes-Barre, PA, USA

About the Job

Requirements

  • A bachelor's degree in Accounting, Finance, or a closely related discipline is required.
  • A good understanding of fundamental accounting concepts, financial statements, and regulations is required.
  • Strong analytical and problem-solving skills are required.
  • A high level of accuracy and attention to detail is required.
  • Microsoft Excel and data manipulation skills are required; examples include SQL, Python, and Power BI.
  • The ability to organize work effectively and meet deadlines, particularly during quarter-end and year-end reporting periods, is required.
  • Clear written and verbal communication skills and comfort asking questions when something does not make sense are required.
  • Willingness and ability to learn new accounting concepts and systems are required.
  • The ability to work collaboratively while managing assigned responsibilities independently is required.
  • The ability to identify opportunities to simplify processes and improve control and efficiency is required.

Responsibilities

  • Support monthly, quarterly, and annual statutory financial close processes for the company's insurance entities, including preparing quarterly and annual statutory statements and related regulatory filings and schedules.
  • Prepare and post journal entries and maintain supporting accounting documentation.
  • Prepare account reconciliations, investigate differences, and ensure reconciling items are resolved on a timely basis.
  • Develop an understanding of the differences between statutory accounting principles (SAP) and generally accepted accounting principles (GAAP), and how those differences affect the company's financial statements.
  • Assist with balance-sheet and income-statement analysis, including explanations of significant period-over-period movements.
  • Collaborate with Statutory Accounting, Accounts Receivable, Accounts Payable, Collections, Information Technology, and business leaders on reporting and accounting matters.
  • Assist with internal and external audits and regulatory examinations.
  • Ensure compliance with company policies, internal controls, and statutory accounting requirements.
  • Develop knowledge of the principal accounting areas affecting a property and casualty insurer, including written and earned premiums; loss and loss adjustment expenses and reserves; assumed and ceded reinsurance; acquisition costs; expenses; investments; and tax.
  • Perform special projects and other assigned duties.
  • Gain hands-on experience in statutory accounting, regulatory reporting, insurance operations, and financial analysis, with increasing responsibility as technical knowledge and experience develop.

Desired Qualifications

  • Relevant internship experience in accounting, finance, financial reporting, audit, or a related area is preferred.
  • Prior statutory accounting and insurance industry experience is desirable but not required.

About the Company

Berkshire Hathaway GUARD Insurance Companies

Insures businesses against property and liability risks

Berkshire Hathaway GUARD Insurance Companies sells insurance that protects small businesses against property damage, liability claims, and workplace injuries. Its businessowner policies combine property and liability protection, while separate policies cover vehicles and claims that exceed primary policy limits. Customers choose coverage suited to their operations, with policy terms and available products varying by state and the GUARD insurer issuing the contract. The group collects insurance premiums and handles covered losses through its member insurance companies, with specialized teams for complex claims. Founded in 1983, it is headquartered in Wilkes-Barre, Pennsylvania, and is ultimately owned by Berkshire Hathaway.

Company size
1,001-5,000
Company stage
Not listed
Total funding
Not listed
Headquarters
Wilkes-Barre, PA
Founded
1983

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