Company:

NICO National Indemnity Company

Want to work for a company with unparalleled financial strength and stability that offers “large company” benefits with an exciting, friendly, and “small company” atmosphere?  Our companies, as members of the Berkshire Hathaway group of Insurance Companies, provides opportunities for professionals interested in just that. 

A Brief Overview
Responsible for preparing, analyzing, and communicating working papers and statistical and management information related to several insurance and reinsurance operations and/or contracted insurance programs (i.e. "programs") within the responsibilities of the Insurance Data Unit ("IDU"), whether originating from Home Office or in other (non-Home Office) locations. The activities include but are not limited to insurance data collection, data transfers, data manipulation and/or analysis, accounting, cash activity, financial and statistical reporting of one or more current categories of IDU responsibility (i.e. BHSID, programs, data management, and data collection/reporting). Completes special reports required by regulatory offices or agencies and compiles data for Finance personnel, Berkshire Hathaway Corporate personnel ("BH Corporate"), actuaries, auditors, examiners and Company managers under supervision and review of IDU management.

What will you do?

• DATA ANALYSIS RESPONSIBILITIES: Compiles, reviews, analyzes and reconciles, and interprets financial and insurance information from various sources and prepares working papers, supplementary schedules for one or more companies or programs and summarizes program underwriting results.
• INSURANCE PROGRAM FUNDING: Processes payment requests for funding programs and loss payments by obtaining and verifying approvals for payments and ensuring timely payments.
• DATA TRANSFER RESPONSBILITIES: Coordinates communication of daily, monthly, and year end accounting, and financial statement and/or program information between various program operating locations and the Omaha office.
• FINANCIAL DATABASE MAINTENANCE: May perform certain duties around the Financial Database under supervision of IDU management, which includes but not limited to, coordinating with IT and Finance to make updates in the Financial Database Systems, identifying potential program enhancements to existing applications or developing new applications, instructing programmers and Finance personnel about changes, and performs overall Financial Database balancing and control checks and determines overall Financial Database accuracy for Finance Department use.
• RESERVE CALCULATION AND ALLOCATIONS: May calculate and prepare supplemental reserves, IBNR factors and mainframe reserving system information used for completing supplemental reserves and IBNR allocations, according to management guidelines and internal controls. Instructs programmers on changes to programs that build supplemental reserves and IBNR allocations.
• APPLICATION MAINTENANCE: Assists in the development and maintenance of PC program applications using spreadsheet and/or database software to create processing systems and specific worksheets and databases used to meet various job duties.
• REGULATORY INFORMATION RESPONSIBILITIES: May compile and analyze historical and current financial, statistical, and insurance information for Company management.
• RESEARCH: Maintains current working knowledge of related insurance accounting and financial reporting developments by researching and reading related materials and discussing with others.
• OTHER: Responds to inquiries from internal and external auditors regarding financial transactions, balances, internal controls and procedures.

Education
Bachelor's degree in related field or equivalent work experience.

Experience
One or more years work experience.

Required Knowledge

• Knowledge of general accounting principles
• Personal computer, related software, and basic applications such as Excel and Word

Preferred Knowledge

• Life or property casualty insurance accounting experience
• Knowledge of financial reporting
• Company and department practices and procedures
• Knowledge of statutory accounting principles
• Knowledge of Microsoft Access

Required Skills and Abilities

• Personal computer
• Calculator
• Excellent written and oral communication with all levels of management
• Work accurately with detail
• Plan, prioritize, and meet deadlines
• Work independently or as a member of a team as situation dictates
• Identify and solve problems
• Work overtime during seasonal demand
• Maintain strict confidentiality
• Compile, review, and analyze financial information

We want you to be involved! We offer Employee Resource Groups for volunteering, connecting with others, social gatherings, and professional development. We also regularly seek employees input through companywide surveys.

We care about your health and wellbeing! Our Wellness program is integrated into the Company culture with an online wellness portal that offers a year-round, one-stop-shop to manage and track all areas of health, our Omaha office boasts a complimentary state-of-the-art onsite fitness center, and a robust wellness program.

Benefits, Perks and more! We offer retirement and savings plan with immediate enrollment with 100% employer match up to 5%, Medical, Dental and Vision for regular, full-time employees and eligible dependents, a dedicated Learning & Development program for employees to grow personally and professionally, 100% upfront Educational Reimbursement program, subsidized downtown parking, competitive time off policies including parental leave, an Employee Assistance program and much more!