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Sr. Program Accountant - State National

Company: Markel Corporation
Location: Bedford
Posted on: June 9, 2021

Job Description:

Company Information:

What we look for

Our exceptional and motivated employees are our greatest strength. Our employees provide the highest level of

customer service and help maintain our position as a leader in the global marketplace.

Markel Style

The Markel Style is what makes us stand out from our competitors. It's our core value which should underpin how we do business, while influencing our behavior and performance. We are looking for people who have potential and share our passion to live the Markel Style, which is described in more detail below.

If you think you have these core attributes we want to hear from you.

Job Summary:

The Senior Program Accountant will be responsible for the accounting functions relating to the assigned program managers, assessments, and assigned risk. The program managers assigned to a Senior Staff are considered highly complex and require expert knowledge of Program Manager / Reinsurer / Company relationships.

Essential Functions:

  • Review all data entry and cash posting entries related to their assigned programs once processed by the support staff.
  • Follow up on all program reporting and payment delinquencies.
  • Send and monitor receipt of special reporting requests (Statutory, Premium Tax, Schedule P, Audit, Assessments).
  • Reconcile and validate all data received from their assigned programs.
  • Perform trend analysis on all underwriting data related to their assigned programs on a monthly basis.
  • Review and approve all reconciliations related to their assigned programs as processed by the support staff.
  • Review and approve all Invoice assigned risk and miscellaneous invoices once processed by the support staff.
  • Manage assigned Program Managers including but not limited to, contract analysis and management, risk analysis, monthly quarterly and annual reporting and receivables.
  • Read, review and interpret complex reinsurance/program manager/company treaties to include but not limited to proportional, excess and facultative reinsurance treaties. Determine all calculations and financial statement impacts along with proper accounting treatment of all entries.

Additional Responsibilities:

  • Perform special projects as assigned
  • Develop working relationships with internal and external customers
  • Mentor other staff by sharing knowledge of insurance accounting and financial reporting


  • Advanced knowledge of Microsoft Office Products including but not limited to Excel
  • Knowledge of accounting software applications
  • Knowledge of general accounting principles
  • Requires knowledge and experience in own discipline
  • Builds knowledge of the organization, processes and customers
  • Solves a range of complex problems
  • Analyzes possible solutions to complex issues
  • Receives a minimal level of guidance and direction
  • Strong attention to detail
  • Strong decision making and judgement skills
  • Strong organization and time management skills
  • Strong commitment to task assigned
  • Strong communication skills


  • Bachelor's Degree in Accounting required
  • Minimum GPA of 3.5 preferred
  • Minimum 3 years Insurance accounting experience, 5 preferable

"Why work for us?"

Diversity and inclusion

Markel is truly a global and diverse company. We believe that diversity makes us better business partners and that embracing people's differences can bring amazing results and fuel innovation. We have a portfolio of businesses and product lines that operate around the world.

Community involvement

Markel has a rich heritage of supporting communities across the world where our customers and employees live and work. Giving back is part of our history and our future. Our employees share in this philosophy through volunteering, mentoring and fundraising.

Commitment to open doors

Markel is committed to creating the best work environment. Our open-door policy is essential in recognizing business issues as they rise and to address the changing needs of our diverse and global workforce. Challenging management is a component of the Markel Style-some of our best ideas start from a conversation between a manager and an employee.

Entrepreneurial spirit

As the Markel Style states, we pursue excellence, strive for a better way, and share the success of others. Markel associates proactively seek new business opportunities, bringing further success to Markel.

Keywords: Markel Corporation, Bedford , Sr. Program Accountant - State National, Other , Bedford, Texas

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