Join our Talent Network
Skip to main content

Accountant (Ewing, NJ)

This job posting is no longer active.

Job ID: 1008983
Date Posted: Apr 10, 2024
Department ID: MI0913 Construction Services-Loss Con
Company: Maguire Insurance Agency Inc

Save Job Saved

Job Description

Marketing Statement

Philadelphia Insurance Companies, a member of the Tokio Marine Group, designs, markets and underwrites commercial property/casualty and professional liability insurance products for select industries.   We have been in operation since 1962 and are nationally recognized as a member of  Ward's Top 50 and rated A++ by A.M.Best.

Duties

We are looking for an Accountant to join our Surety Underwriting team in Ewing, NJ!

Summary -

Establishes monitors and reviews Escrow accounts.  Analyzes quality and quantity of project costs and prepares payment request accordingly.  Reviews individual requests and assesses the risk of payment. Establishes fees and set-up cost.

A typical day will include the following:

  • Assists with gathering and analyzing account information, applies appropriate techniques necessary to make an accurate evaluation of payment.

  • Participates in marketing activities within the region to promote the development of new business.

  • Participates in the collection of the Funds Control fee.

  • Establishes Escrow fees with underwriters and agents and prepares Escrow and Funds Control Agreements for underwriters and agents.

  • Establishes the Escrow account set up with the Bank of America and ensures accounts are managed in Image Right by maintaining and updating Funds Control files.

  • Prepares and participates in proposals to underwriters and agents on accounts negotiating terms and conditions.

  • Administers the appropriate start up documents to underwriting and agents.

  • Monitors and reviews project job costs and analyzes the submitted payment application requests to determine the quality and accuracy of request and assesses the appropriate payment percentage to principal.

  • Provides account reports to underwriting as needed, regarding the projects financial status in order to help underwriting determine credit quality.

Qualifications

Qualifications:

  • Bachelor's Degree desired

  • 2+ years with finance or accounting experience

  • Strong knowledge of general bookkeeping

  • Strong Excel skills

  • Bank reconciliations

  • Knowledge of surety a plus, but not required

EEO Statement

Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc. and First Insurance Company of Hawaii, Ltd.) is an Equal Opportunity Employer.  In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status,  sexual orientation and/or any other status protected by law. 

Benefits

We offer a comprehensive benefit package, which includes tuition reimbursement and a generous 401K match. Our rich history of outstanding results and growth allow us to focus our business plan on continued growth, new products, people development and internal career opportunities.  If you enjoy working in a fast paced work environment with growth potential please apply online.

Additional information on Volunteer Benefits, Paid Vacation, Medical Benefits, Educational Incentives, Family Friendly Benefits and Investment Incentives can be found at  https://www.phly.com/Careers/default.aspx

Share: mail
 

Similar Jobs

Account Service Associate-(Nationwide)

Ewing, NJ, United States
Maguire Insurance Agency Inc

Senior Underwriter I - Human Services (Bala Cynwyd, PA & Ewing, NJ)

Ewing, NJ, United States
Maguire Insurance Agency Inc

Interested in working for FICOH?
Take the first step by joining our Talent Network today!

Join our Talent Network