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Job Description
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Financial Analyst
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296462
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NJ - Red Bank
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03/05/2010
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CICA - United States
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Wilson,Ellen E
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Job Details
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POSITION SUMMARY: Currently, we have an excellent career opportunity for a Financial Analyst with Combined Insurance, part of the ACE Group of Companies.
DESCRIPTION OF DUTIES:
The Financial Analyst would support the Director of Finance to ensure appropriate booking, balancing and control of premium, claims, commissions and expenses as they pertain to the Combined Select Programs and Worksite Divisions within Combined Insurance. The financial analyst would serve as a liaison between Combined, Ace Treasury and our Program Manager to ensure that reporting is accurate and timely. On a monthly basis, the analyst will be in charge of the reconciliation of all premium and claims suspense accounts, as well as the reconciling of all Third Party Administrators (TPA’s) bank accounts. The analyst will also be in charge of the TPA claims funding process and the escheatment process.
Using our internal reporting systems, the analyst would follow up on any outstanding premiums due the Company. They would also coordinate the collection of premium and financial data needed for various state exhibits, surveys and ad hoc reports for Underwriting.
Travel would be minimal, at most 4 to 5 times per year to perform on site financial audits of our Producers.
REQUIRED SKILLS & EXPERIENCE: 3-5 years Accounting Experience required. Proficient in Excel, Word, Powerpoint a must, PeopleSoft experience preferred. Must be able to communicate efficiently both internally & externally. Excellent attention to detail, problem recognition & ability to recommend solutions.
MINIMUM EDUCATION REQUIRED: A bachelors degree in finance, accounting or other analytical discipline
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