Accounting - Associate Accountant, Reinsurance Accounting

Company: Cincinnati Insurance Company, Inc.
Location: California
Posted on: May 27, 2023

Job Description:

Description:

Make a difference with a career in insurance

At The Cincinnati Insurance Companies, we put people first and apply the Golden Rule to our daily operations. To put this into action, we're looking for extraordinary people to join our talented team. Our service-oriented, ethical, knowledgeable, caring associates are the heart of our vision to be the best company serving independent agents. We help protect families and businesses as they work to prevent or recover from a loss. Share your talents to help us reach for continued success as we bring value to the communities we serve and demonstrate that Actions Speak Louder in Person -.

If you're ready to build productive relationships, collaborate within a diverse team, embrace challenges, and develop your skills, then Cincinnati may be the place for you. We offer career opportunities where you can contribute and grow.

Start your journey with us

Accounting is currently seeking an Associate Accountant to assist a team of accounting professionals in monthly and quarterly financial statement preparation with a focus on reinsurance. You will learn to use accounting software systems and analytical tools. You will perform accounting reconciliations, regulatory and administrative tasks to comply with Insurance Accounting rules and regulations. Promotional opportunities to the Accountant position exist with above an average performance review in this role after one year.

The pay range for this position is $60,000 - $80,000 annually. The pay determination is based on the applicant's education, experience, location, knowledge, skills, and abilities. Eligible associates may also receive an annual cash bonus and stock incentives based on company and individual performance.

To assist qualified associates with their goal of achieving the CPA designation, Cincinnati Insurance offers a program that includes study time, financial support for the exam and additional required education, and financial incentives to attain the CPA.

Be ready to\:

• perform analyses of monthly reinsurance accounting statements and evaluate revenue and expense projections
• perform financial analysis and support accounting processes
• prepare monthly & quarterly accounting entries, expense accruals and expense analyses
• complete the annual statutory schedules required by insurance regulators
• validate transactional data and perform account reconciliations
• participate in accounting projects that support the company in maintaining our competitive edge
  Qualification:
  
  Be equipped with\:
  
  
  • ability to use basic accounting principles for financial statement preparation
  • strong attention to detail, highly organized, and able to manage multiple tasks concurrently
  • willingness and ability to learn and use accounting and analytical software systems
  • ability to effectively use Microsoft - Excel
  • good communication and presentation skills, both verbal and written
  • ability to work independently or collaboratively without hesitation to ask questions
  • demonstrate aptitude to lead and embrace change
    You've Earned\:
    
    
    • A bachelor's degree in Accounting
    • Will accept applications from students who will graduate in May/June 2023.
      Enhance your talents
      
      Providing outstanding service and developing strong relationships with our independent agents are hallmarks of our company. Whether you have experience from another carrier or you're new to the insurance industry, we promote a lifelong learning approach. Cincinnati provides you with the tools and training to be successful and to become a trusted, respected insurance professional - all while enjoying a meaningful career.
      
      Enjoy benefits and amenities
      
      Your commitment to providing strong service, sharing best practices and creating solutions that impact lives is appreciated. To increase the well-being and satisfaction of our associates, we offer a variety of benefits and amenities. Learn more about our benefits and amenities packages.
      
      Many departments at our Headquarters in Fairfield, Ohio, offer hybrid work options, empowering associates to work from home several days a week. Depending on your role and responsibilities, hybrid options may be available.
      
      Embrace a diverse team
      
      As a relationship-based organization, we welcome and value a diverse workforce. We grant equal employment opportunity to all qualified persons without regard to race; creed; color; sex, including sexual orientation; religion; national origin; age; disability; or any other basis prohibited by law. Learn more about the Federal Employment Notices.
      

Keywords: Cincinnati Insurance Company, Inc., Cincinnati , Accounting - Associate Accountant, Reinsurance Accounting, Accounting, Auditing , California, Ohio