Overview
This role supports the Statutory Reporting unit with daily tasks related to compiling statutory financial statements, performing reconciliations, improving processes, and supporting critical statutory accounting and reporting projects as the number of health insurance entities has grown significantly. The position also includes work tied to a new business initiative related to accounting for reinsurance.
Responsibilities
- Prepare monthly, quarterly, and annual statutory financial statements for timely and accurate presentation to the NAIC and applicable state regulatory authorities (Health Statement).
- Prepare all supplemental filings accompanying quarterly and annual statutory financial statements as required by applicable state regulatory authorities.
- Support and assist with Department/Division of Insurance audits by preparing schedules, responding to inquiries, and meeting deadlines.
- Assist in testing the development of NetSuite and other ad hoc reports to facilitate preparation of monthly, quarterly, and annual statutory financial statements.
- File monthly, quarterly, and annual statutory financial statements using appropriate vendor software; submit filings to the NAIC and individual states while adhering to all deadlines.
- Lead and participate in ad hoc projects supporting statutory reporting and finance needs as they arise (including reinsurance accounting).
- Assist in the review of certain statutory financial statements and supplemental filings as necessary.
- Work overtime as necessary during peak reporting periods.
Requirements
- Reinsurance accounting experience, from implementation through reporting.
- Advanced Excel proficiency, including experience with complex formulas.
- Hands-on experience with NetSuite (ERP) and Workiva (Wdesk) is a significant plus.
- Demonstrated track record delivering in a changing and complex financial reporting environment.
- High attention to detail and ability to meet deadlines consistently.
- Excellent documentation and organizational skills.
- Ability to adhere to policies and procedures.
- Strong analytical, hands-on approach; expected to contribute immediately.
- Ability to independently manage multiple demands and meet deadlines.
- Ability to identify actions necessary to complete tasks and obtain results.
- Maintain high ethical standards, including confidentiality of financial and other sensitive information consistent with professional and regulatory requirements and standards.
- Ability to operate in a fast-paced environment focused on developing and optimizing operations and processes.
Preferred Qualifications
- Experience with healthcare and insurance industries.
- Experience reviewing statutory filings.
- Exposure to leveraging AI tools to automate complex financial reconciliations, improve the accuracy of statutory filings, and streamline data collection across multiple jurisdictions.
Compensation & Benefits
- Salary range: $80,000–$100,000.
- Employer sponsored health, dental and vision plan with low or no premium.
- Generous paid time off.
- $100 monthly mobile or internet stipend.
- Stock options for all employees.
- Bonus eligibility for all roles excluding Director and above; Commission eligibility for Sales roles.
- Parental leave program.
- 401K program.
- Total rewards package applies to full time employees only; Intern and Contract positions are not eligible.
The actual base salary offered will depend on factors including qualifications, years of relevant experience, specific skills, level of education, certifications or other professional licenses held, and the location in which the applicant lives and/or from which they will be performing the job.
Location
Not specified in the job description.