Universal Insurance Holdings Inc (UVE)

Know your rights

Inform yourself of your rights and responsibilities by reviewing the content provided in the list below.

• Employment Eligibility (e-Verify): English & Spanish
• Right to work: English / Spanish

It's fun to work in a company where people truly BELIEVE in what they're doing!

We're committed to bringing passion and customer focus to the business.

Position Description:

The Finance Department of Universal Insurance Holdings, Inc. is seeking a Treasury Analyst, whose primary responsibilities will include the timely and accurate handling of day-to-day treasury and cash operating transactions, as well as the monitoring, reporting, accounting and analysis of the company’s cash and investment portfolios. General responsibilities include, but are not limited to:

Duties and Responsibilities:

• Provide management with key internal reporting, including a weekly cash position report and weekly and monthly investment portfolio reports.
• Assist with daily bank reconciliations and the posting of ad hoc transactions.
• Assist with the compilation of the cash flow projection by ensuring completeness of recorded transactions, assessing appropriateness of assumptions, and liaising with key stakeholders from other departments.
• Daily review and monitoring of cash balances.
• Maintain consistent communication with treasury and banking contacts to address any ongoing matters and ensure that objectives are being met.
• Research and propose new investment and cash management opportunities as needed.
• Keep up to date on market and treasury trends.
• Ensure compliance is maintained with operational procedures.
• Engage in premium collection process and related tasks.
• Handle operational transactions in Workday.
• Prepare the investment reconciliation on a monthly basis and post any entries needed to correct the accounting for investments.
• Prepare list of securities to send to third party on a quarterly basis in order to estimate current expected credit losses (CECL).
• Record CECL journal entries quarterly based on third party’s estimate.
• Prepare the investments presentation for the board of directors’ meeting on a quarterly basis.
• Analyze the investment income forecasts received from external portfolio managers, comparing against Clearwater’s forecast.
• Other activities may include, but are not limited to, assisting with investment accounting tasks, unclaimed property reporting, 1099 reporting, and investment research and due diligence.

Qualifications:

Candidate must be a professional with strong analytical and organizational skills, who employs professional skepticism and works well under pressure with the ability to multi-task. The candidate must prioritize to meet deadlines, while ensuring all work is timely and accurate. The candidate must also possess a high attention to detail. Specific qualifications include:

• Education and Certifications

o Bachelor’s degree in Accounting or Finance.

o Graduate degree a plus.

o Relevant certifications a plus.

• Experience

o Preferably 3 to 5 years of related work experience in a financial/analytical role.

o Demonstrable understanding of treasury, banking and accounting concepts and principles.

o Transactional and analytical experience.

o Familiar with banking systems, platforms and products.

o Strong attention to detail and solid organizational skills mandatory.

o Excellent time management and communication skills.

• Technical Skills

o Proficient in Microsoft Office (Word, Excel and PowerPoint).

o Workday G/L, Clearwater Analytics, Workiva Wdesk and Microsoft Power BI experience a plus.

Benefit Highlights:

• Industry leading medical, dental and vision insurance plan
• 401(k) Retirement Plan with a company match of 100% on up to 5% of compensation (match is fully-vested immediately)
• Generous PTO policy
• Eligible for performance-based bonuses

Universal Insurance Holdings, Inc. is an Equal Opportunity Employer. We consider the best qualified individuals available, without regard to race, color, religion, age, national origin, ancestry, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, veteran status, disability, genetic information, citizenship status, or membership in any other group protected by federal, state or local law.

By submitting your resume for this position, you understand and agree that Universal Insurance Holdings, Inc., may share your resume, as well as any other related personal information or documentation you provide, with its subsidiaries and affiliated companies for the purpose of considering you for other available positions.

Benefit Highlights

• Industry leading medical, dental and vision insurance plan
• 401(k) Retirement Plan with a company match of 100% on up to 5% of compensation (match is fully-vested immediately)
• Generous PTO policy
• Eligible for performance based bonuses