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Markel Group

Three-engine financial holding: insurance, investments, ventures

Accounting Analyst - Ceded Close & Regulatory

Financial AccountingConfirmed live in the last 24 hours
Full-timeRichmond, VA, USAIn-person

About the Job

Requirements

  • A bachelor's degree in Accounting, Finance, or a similar field is required.
  • At least 1 year of relevant experience is required.
  • Strong computer skills, including a high degree of proficiency in Excel, are required.
  • The ability to manage multiple tasks independently and simultaneously under tight deadlines is required.
  • Strong research, analytical, and problem-solving skills are required.
  • US work authorization is required; the employer does not provide visa sponsorship for this position, now or in the future.

Responsibilities

  • Own the accuracy and completeness of monthly reinsurance cessions, including system-generated and manually booked cessions.
  • Participate in ensuring the accuracy and timeliness of monthly and quarterly accounting functions, including cession analysis and complex manual reinsurance calculations.
  • Prepare and upload general ledger and data warehouse entries, including adjusting journal entries, and support monthly general ledger close and reporting deliverables.
  • Perform monthly reinsurance balance sheet account reconciliations, including identification and remediation of issues in compliance with SOX control and audit requirements.
  • Prepare monthly and quarterly financial reporting and variance analysis packages.
  • Understand reinsurance treaty contract language pertaining to accounting and contractual requirements, as applicable.
  • Ensure effective SOX controls are maintained and followed, and maintain adherence to department processes and procedures.
  • Assist with internal and external audit reviews, as needed.
  • Work closely with Reinsurance Operations and other functional areas, including Global Ceded Re, Actuarial, Underwriting, Claims, IT, Finance, and Close Control & Reporting, to resolve issues and support achievement of business goals.
  • Lead or assist with special projects, system enhancements, systems integration, testing, data pulls, and ad hoc reporting requests, as needed.
  • Collaborate with teammates and management to identify, design, and implement systematic process improvements for greater efficiency, effectiveness, execution, and analysis.
  • Participate in other strategic accounting and business projects as they arise.

Desired Qualifications

  • Experience in the insurance and/or reinsurance industry is preferred.
  • Experience with Oracle and Smart View applications is preferred.
  • Experience with Alteryx, Power BI, and SQL is preferred.
  • Experience with AI tools, such as Microsoft Copilot and Claude, is preferred.

About the Company

Markel Group

Three-engine financial holding: insurance, investments, ventures

Markel Group operates as a financial holding company with a three-engine model: specialty insurance, investments, and Markel Ventures (a portfolio of non-insurance businesses). Specialty insurance focuses on hard-to-place or niche risks, underwriting and managing risk through its insurance subsidiaries. Profits from the insurance businesses are reinvested into investments and into acquiring and holding profitable non-insurance companies, creating a diversified, resilient enterprise. The group’s investment engine uses generated earnings to fund external acquisitions and capital growth, while Markel Ventures builds a broad portfolio of long-term holdings in various industries. What sets Markel apart is its deliberate diversification across three connected engines and a long-term, capital-accumulation approach known as the

Company size
51-200
Company stage
IPO
Headquarters
Glen Allen, VA
Founded
1930

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