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Accountant, Financial Services Accounting (Morristown, NJ or Remote)

Company: Crum & Forster
Location: Morristown
Posted on: May 16, 2022

Job Description:

Crum & Forster Company Overview:
Crum & Forster (C), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. Approaching $4 billion in written premium as of 2021, C enjoys a financial strength rating of "A" (Excellent) by A.M. Best. C is proud of its superior customer service platform and its claims and risk engineering services are recognized as among the best in the industry. Our most valuable asset is our people - 3000+ employees, and growing, in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning workplace and wellness awards. C is part of Fairfax Financial Holdings, a global organization with $23.8 billion in revenue as of 2021. For more information about Crum & Forster, please visit our website:

Job Description:
Accountant, Financial Services Accounting
What you will do:

Assist in preparation agencies' monthly, quarterly and annual financial statements, President's Report exhibits and schedules for IFRS reporting.
Record and Prepare Accounting for Agency Financial Statements
Prepare and distribute Premium and Claim Analytics
Prepare and analyze the Due to (from) Affiliates, agency corporate reporting, program premium and TPA accounting -
Prepare appropriate agency consolidating and inter-company eliminations.
Prepare appropriate corporate consolidating and inter-company adjustments and eliminations.
Prepare some deliverables for the Presidents Report, CFO certification and related schedules to Fairfax are completed by targeted deadlines.
Manage PWC and internal audit requests and inquiries
Prepare relevant analyses related to the underwriting results as requested.
Prepare deliverables related to the Audit Committee Binder and related schedules are completed.
Update any changes in the workflow to comply with Financial Services Sox Compliance and internal audit requirements
Prepare various general ledger reconciliations as needed

What you will bring to C:

Possess knowledge of IFRS/GAAP
Stay current with IFRS rules and regulations and determine impact on the financial statements
Strong analytical and insurance accounting skills
Identify and evaluate opportunities for process improvement
Serve as a technical resource, provide feedback, training, and guidance to department members
Bachelor's degree in Accounting, Advanced Degree or CPA preferred
A minimum of 1-2 years of financial/analytical experience including a strong understanding of accounting ( Statutory/Reinsurance reporting knowledge a plus)
Demonstrated leadership and management skills
Prior experience working for an insurance company
Excellent communication skills - ability to communicate complex financial information in writing and verbally
Strong analytical and problem solving skills
Ability to meet deadlines while producing quality results
Intermediate experience with Excel, Word and Outlook (familiarity with SQL & Access a plus)
Intermediate knowledge of major accounting software packages for both general ledger accounting (Sungard EAS)
Familiarity with source systems and report writers such as Sapiens, EAS, Business Objects and T


What C will bring to you:
Competitive compensation packageGenerous 401K employer matchEmployee Stock Purchase plan with employer matchingGenerous Paid Time OffExcellent benefits that go beyond health, dental & vision. Our programs are focused on your whole family's wellness, including your physical, mental and financial wellbeingA core C tenet is owning your career development, so we provide a wealth of ways for you to keep learning, including tuition reimbursement, industry-related certifications and professional training to keep you progressing on your chosen pathA dynamic, ambitious, fun and exciting work environmentWe believe you do well by doing good and want to encourage a spirit of social and community responsibility, matching donation program, volunteer opportunities, and an employee-driven corporate giving program that lets you participate and support your community -At C you will BELONGWe value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodation, please let us know.

Keywords: Crum & Forster, Newark , Accountant, Financial Services Accounting (Morristown, NJ or Remote), Accounting, Auditing , Morristown, New Jersey

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