Junior Statutory Accountant

About the Role

Berkshire Hathaway GUARD Insurance Companies is seeking a Junior Statutory Accountant to join its Finance and Accounting organization. This role offers an excellent opportunity for a qualified accountant to develop expertise in property & casualty insurance accounting and statutory reporting.

Key Responsibilities

• Support the preparation, analysis, and reporting of the company's statutory financial results and regulatory filings.
• Support the monthly, quarterly, and annual statutory financial close process for the company's insurance entities.
• Prepare quarterly and annual statutory statements and related regulatory filings and schedules.
• Prepare and post journal entries and maintain supporting accounting documentation.
• Prepare account reconciliations, investigate differences, and ensure reconciling items are resolved on a timely basis.
• Develop an understanding of the differences between statutory accounting principles (SAP) and GAAP.
• Assist with balance-sheet and income-statement analysis, including explanations of significant period-over-period movements.
• Collaborate with Statutory Accounting, Accounts Receivable, Accounts Payable, Collections, IT, and business leaders on reporting and accounting matters.
• Assist with internal and external audits and regulatory examinations.
• Ensure compliance with company policies, internal controls, and statutory accounting requirements.
• Develop knowledge of key accounting areas for a property & casualty insurer, including written and earned premiums, loss and loss adjustment expenses and reserves, assumed and ceded reinsurance, acquisition costs, expenses, investments, and tax.
• Perform special projects and other duties as assigned.

Requirements & Tech Stack

• Microsoft Excel and data manipulation skills (e.g., SQL, Python, Power BI)
• Ability to organize work effectively and meet deadlines, particularly during quarter-end and year-end reporting periods.
• Clear written and verbal communication skills.
• Willingness and ability to learn new accounting concepts and systems.
• Works collaboratively while being able to manage assigned responsibilities independently.
• Looks for opportunities to make processes simpler, more controlled, and more efficient.

Qualifications

• Bachelor's degree in Accounting, Finance, or a closely related discipline.
• Good understanding of fundamental accounting concepts, financial statements, and regulations.
• Strong analytical and problem-solving skills.
• High level of accuracy and attention to detail.
• Intellectually curious.

Note: Prior statutory accounting and insurance industry experience are desirable but not required. This role is intended to provide a strong development path within insurance finance.