Staff Accountant (Finance)

Come grow with James River Insurance!

James River Insurance is an excess and surplus lines segment of James River Group Holdings, Inc. and operates on an approved non-admitted basis in 50 states and Washington, DC. Since 2003, James River has provided thousands of commercial property and casualty customers with innovative and creative solutions for particular insurance needs.

At James River Insurance, we are committed to providing a stable and rewarding work environment supported by our Core Values and Guiding Principles: Integrity, Accountability, Innovation, Customer Service, Communication, and Teamwork. We are proud of being recognized the past 5 years as one of The Top Workplaces USA.

James River Group Holdings, Inc. is a U.S. insurance holding company which owns and operates a group of specialty insurance and reinsurance companies. The Company operates in two specialty property and casualty insurance segments: Excess and Surplus Lines and Specialty Admitted Insurance. The Company tends to focus on accounts associated with small or medium-sized businesses in each of its segments. Each of the Company's regulated insurance subsidiaries are rated "A-" (Excellent) by A.M. Best Company.

Job Summary

Assist in the preparation of Statutory & GAAP Financial Statements and handle day to day financial reporting of all activities that will assist management and others in making education economic decisions about the Company’s future.

Duties and Responsibilities

• Continuously exhibit and uphold Core Values of Integrity, Accountability, Communication, Teamwork, and Operational Excellence
• Lead and manage complex collections activities, including high-dollar, aged, and escalated balances
• Partner cross-functionally with internal and external customers to resolve sensitive and potentially complex accounts and drive recovery outcomes
• Manage and monitor legal collections efforts, including accounts in litigation, bankruptcy, receivership, or other legally sensitive statuses
• Build, maintain, and enhance collections reporting and analysis, ensuring alignment with the general ledger and accuracy of financial data while also utilizing reporting to develop targeted strategies to drive resolution and recovery
• Identify process gaps, control weaknesses, and system inefficiencies, and recommend and implement solutions to improve collections performance and reduce risk
• Ensure all activities adhere to internal controls, SOX compliance, and regulatory requirements, maintaining audit-ready documentation at all times
• Assist in cash application, account reconciliations, suspense clearing, and resolution of unapplied cash as needed
• Support preparation of internal reporting, audits, and financial analysis related to receivables and collections performance
• Interact with state insurance departments, regulatory bodies, and legal representatives as required
• Participate in special projects, including process standardization, system enhancements, and operational scaling initiatives

Knowledge, Skills and Abilities

• Strong working knowledge of accounts receivable, collections strategies, account reconciliation, and financial reporting
• Ability to collaborate effectively with Legal and Compliance teams, with an understanding of regulatory and risk considerations
• Proficiency in Microsoft Excel, including data analysis, reconciliations, advanced analytical skills and ability to interpret large datasets
• Excellent written and verbal communication skills, with the ability to interact professionally with internal stakeholders and external partners
• High level of initiative, accountability, and ownership in driving outcomes
• Ability to manage multiple priorities, deadlines, and high-pressure situations
• Proactive, solutions-oriented mindset with a focus on continuous improvement and operational efficiency
• Experience within insurance, E&S, or financial services environments preferred, but not required

Experience and Education

Staff Accountant

• Bachelor’s Degree in Accounting
• Three years’ experience in corporate and/or public accountancy or finance roles required
• Working towards CPA designation a plus
• Hands-on accounting experience within the Property and Casualty Insurance industry desired, but not required

Senior Accounting Associate

• Pursuing or achieved a four-year degree in Accounting
• Two plus years prior experience in corporate finance or equivalent required

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Please note that this position is not eligible for H-1B visa sponsorship. All applicants must be currently authorized to work in the United States on a full-time basis without the need for current or future H-1B sponsorship.