Description
Summary of Responsibilities:
The Senior Associate will work closely with the Cherry Bekaert FAO (Finance & Accounting Outsourcing) team, Consulting Managers, and the Insurance Industry Services Leader to provide accounting support, financial reporting and captive insurance management services and support for our clients in the insurance, service and related industries. The Sr. Associate will also assist in an administrative project management capacity, spearheading projects around accounting systems, claims systems, premium systems and processes. Responsibilities may change as deemed necessary and appropriate but will focus on captive management @type services for insurance companies. This is a dynamic role working in a fun and rewarding environment with a high-performing team focused on client service and value-added interactions.
Essential Functions:
To be accountable for client projects and deadlines.
To assist with accounting and general business functions for our insurance clients (general ledger accounting and analysis, regulatory and management reporting, premium taxes, business meetings (Board/committee), certain accounting system functionality build-out project and financial reporting functions.
Coordinate with the Insurance Services Leader regarding client service project management, as appropriate.
Maintain workload that provides an average of 90% productivity (depends on position & level).
Prepare and file insurance company internal financial statements, provide general ledger accounting support, and assist clients with annual registration and renewal and other required regulatory filings.
Assist with financial compilations and NAIC and State insurance related regulatory filings and reporting.
Assist with insurance underwriting and premium rating functions in compliance with client guidelines (accumulate information and analyze financial information).
Maintain corporate governance files and organize/schedule updates and renewals.
Calendar management and scheduling for client as it relates to company-wide meetings (client will dictate level of involvement).
Organize, plan and assist in the execution of all facets of client events (Board Meetings and Conferences) as requested by client including hotel & travel, meals, materials, etc.
Administer scheduling and act as project manager for one or more client committees.
Perform monthly general ledger accounting & analysis and manage Accounting Services bookkeeping functions, as needed.
Develop technical expertise (over time) around statutory and US GAAP accounting for insurance companies.
Prepare and index working papers.
Complete special projects as requested by client or Insurance Services team manager.
Actively establish plans to meet deadlines in advance and maintain accountability for self and client-assigned tasks keeping Manager informed of progress.
Actively seek most efficient approach in adding value to jobs eliminating ineffective, non-value-added tasks.
Other duties assigned as needed.
Education, Experience, and Skills:
Bachelor's Degree (Accounting preferred) from an accredited college or university required, minimum of 2+ years of accounting experience. Insurance accounting experience is a plus, but not required (we can teach you this @type of accounting)
Active CPA license preferred but not required.
Adherence to strict confidentiality.
Attention to detail is crucial for success in this role.
Proven, strong organizational capabilities.
Able to manage multiple projects/timelines.
Proficiency in various Microsoft Office Suite software including but not limited to Excel, Word, Power Point as well as other commonly used applications such as Adobe, Outlook etc. Past experience with Sage, Sage Intacct, and QuickBooks a plus.
Ability to work without detailed supervision and ability to work with others in a team setting.
Working experience with Executive Leadership and an understanding of general corporate governance processes.
Prior insurance accounting experience would be helpful, but not required as we have a strong training program for anyone meeting the above experience requirements.
Expectations:
Respect and earn the respect of fellow team members.
Strong interpersonal and communication skills.
Communicate and handle incoming and outgoing electronic communications on behalf of client and Firm in a competent and professional manner.
Team oriented.
Possess good judgment and intuition.
Strong execution skills.
Able to occasionally travel as requested for client meetings (very limited travel-currently estimated at 5% or less).
Ability to prioritize, manage and provide solutions when issues arise.
Take ownership of identified processes and responsibilities.
Be respectful and keep open communications with manager, team and leadership.
Dependable
Make informed decisions - discuss with Manager when needed
Interact with all levels of staff acting as a liaison for the client as needed
Grow and learn from past mistakes
Work in a safe, clean and employee friendly atmosphere
Work with a personal/professional development plan
Must have some flexibility with work schedule (occasional overtime)
Ability to work effectively remotely (hybrid or full remote schedule once training is complete)
What you can expect from us:
Our shared values that foster inclusion and belonging including uncompromising integrity, collaboration, trust, and mutual respect
The opportunity to innovate and do work that motivates and engages you
A collaborative environment focused on enabling you to further your career growth and continuous professional development
Competitive compensation and a total rewards package that focuses on all aspects of your wellbeing
Flexibility to do impactful work and the time to enjoy your life outside of work
Opportunities to connect and learn from professionals from different backgrounds and with different cultures
Cherry Bekaert cares about our people. We offer competitive compensation packages based on performance that recognize the value our people bring to our clients and our Firm. The salary range for this position is included below. Individual salaries within this range are determined by a variety of factors including but not limited to the role, function and associated responsibilities, a candidate's work experience, education, knowledge, skills, and geographic location. In addition, we offer a comprehensive, high-quality benefits program (https://careers.cbh.com/benefits/) which includes annual bonus, medical, dental, and vision care; disability and life insurance; generous Paid Time Off; retirement plans; Paid Care Leave; and other programs that are dedicated to enhancing your personal and work life and providing you and your family with a measure of financial protection.
Pay Range:
$76,000 to $126,000
About Cherry Bekaert
Cherry Bekaert, ranked among the largest assurance, tax and advisory firms in the U.S., serves clients across industries in all 50 U.S. states and internationally. For more details, visit https://www.cbh.com/disclosure/
Cherry Bekaert provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, national origin, citizenship status, protected veteran status, disability status, or any other category protected by applicable federal, state or local laws. https://careers.cbh.com/legal-disclosures/ contains further information regarding the firm's compliance with federal, state and local recruitment and hiring laws.
This role is expected to accept applications for at least five calendar days and may continue to be posted until a qualified applicant is selected or the position has been cancelled.
Candidates must demonstrate eligibility to work in the United States.?Cherry Bekaert will not provide?work?sponsorship for this position.
Cherry Bekaert LLP and Cherry Bekaert Advisory LLC are members of Allinial Global, an accountancy and business advisory global association. Visit us at? https://careers.cbh.com/ and follow us on LinkedIn,?Glassdoor (https://www.glassdoor.com/Overview/Working-at-Cherry-Bekaert-EI_IE31120.11,25.htm) ,?Instagram (https://www.instagram.com/cherrybekaert) , Twitter (https://twitter.com/cherrybekaert) ?and Facebook (https://www.facebook.com/CherryBekaertCB) .
© 2025 Cherry Bekaert. All Rights Reserved.
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Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.
