Location: Eatontown,NJ, USA
Crum & Forster Company Overview
Crum & Forster (C&F) provides market-leading property, casualty, accident & health, and specialty insurance solutions. A true underwriting company, we have a 200-year history of helping our customers manage risk with laser-focused expertise, integrity, and discipline. C&F had $3.1 billion in gross written premium in 2020 and is rated A Excellent by A.M. Best (2021).
Additionally, C&F has been Certified by Great Place to Work, reflecting the company's commitment to diversity, equity and inclusion, as well as its emphasis on the well-being of its employees.
C&F's Accident & Health Division comprises a product offering diversified across medical, specialty, travel and pet business lines.
For more information about Crum & Forster, please visit cfins.com.
Job Description
The Operations department of the Crum & Forster Accident & Health division is looking for a multi-talented individual to join the Operations team. This is an entry-level accounting position that will interact internally with Underwriting, Actuarial, Claims, Compliance, IT, and externally with the divisions business partners.
What you will do:
* Prepare monthly and quarterly journal entries, as well as monthly reinsurance statements for ceded program business
* Perform general ledger and bank reconciliations
* Assist with providing documents for internal and external audit requests
* Perform ad-hoc projects and assignments under the direction of senior personnel
* Assist in monthly, quarterly and year-end closes
* Act as backup for other functions within the accounting unit
* Participate in the improvement and documentation of financial and operational processes
* Develop and maintain positive relationships across functional teams to resolve issues
* Contribute to a cooperative team environment in order to meet department deadlines
What YOU will bring to C&F:
* Strong analytical skills
* Provide a sustained effort and dedication to getting the job done, as well as motivation to work continuously to produce superior work regardless of obstacles or setbacks
* Ability to read and interpret complex information with moderate supervision
* Personal concern, interest, pride and accountability in all areas of responsibility
* Must be able to effectively handle multiple tasks in a fast paced environment
* Ability to work both independently and in a team environment
* Strong organization and time management skills with exceptional attention to detail
* Ability to clearly present information both verbally and in writing
Requirements:
* Bachelor's Degree or 1-2 years of equivalent work experience in Accounting or Finance
* Strong Microsoft Excel experience required
* Microsoft Word, Outlook and Power Point experience
What C&F will bring to you
* Competitive compensation package
* Generous 401K employer match
* Employee Stock Purchase plan with employer matching
* Generous Paid Time Off
* Excellent benefits that go beyond health, dental & vision. Our programs are focused on your whole family's wellness, including your physical, mental and financial wellbeing
* A core C&F 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 path
* A dynamic, ambitious, fun and exciting work environment
* We 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&F you will BELONG
We 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.
For California Residents Only: Information collected and processed as part of your career profile and any job applications you choose to submit are subject to our privacy notices and policies, visit for more information.
Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws. Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions. The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $39,900.00 to a maximum of $58,500.00. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee's contribution (performance) in that role. To be considered within market range, a salary is at or above the minimum of the range. You may also have the opportunity to participate in discretionary equity (stock) based compensation and/or performance-based variable pay programs.
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Responsibilities The Operations department of the Crum & Forster Accident & Health division is looking for a multi-talented individual to join the Operations team. This is an entry-level accounting position that will interact internally with Underwriting, Actuarial, Claims, Compliance, IT, and externally with the divisions business partners. What you will do: - Prepare monthly and quarterly journal entries, as well as monthly reinsurance statements for ceded program business - Perform general ledger and bank reconciliations - Assist with providing documents for internal and external audit requests - Perform ad-hoc projects and assignments under the direction of senior personnel - Assist in monthly, quarterly and year-end closes - Act as backup for other functions within the accounting unit - Participate in the improvement and documentation of financial and operational processes - Develop and maintain positive relationships across functional teams to resolve issues - Contribute to a cooperative team environment in order to meet department deadlines What YOU will bring to C&F: - Strong analytical skills - Provide a sustained effort and dedication to getting the job done, as well as motivation to work continuously to produce superior work regardless of obstacles or setbacks - Ability to read and interpret complex information with moderate supervision - Personal concern, interest, pride and accountability in all areas of responsibility - Must be able to effectively handle multiple tasks in a fast paced environment - Ability to work both independently and in a team environment - Strong organization and time management skills with exceptional attention to detail - Ability to clearly present information both verbally and in writing Requirements: - Bachelor's Degree or 1-2 years of equivalent work experience in Accounting or Finance - Strong Microsoft Excel experience required - Microsoft Word, Outlook and Power Point experience