Sr Accountant, Financial Reporting - Regulatory

Overview

This role supports the preparation, analysis, and reporting of quarterly and annual statutory financial statements, regulatory filings, capital calculations, and related regulatory reporting deliverables. The position helps ensure the accuracy, completeness, and integrity of financial information in accordance with statutory accounting principles, regulatory reporting requirements, and company policies.

Working closely with Financial Reporting leadership and other Finance teams—including Financial Accounting, Investments, FP&A, Actuarial, Reinsurance, and Tax—the Senior Accountant contributes to statutory financial statement disclosures, supporting schedules, regulatory filings, and capital adequacy calculations. Responsibilities also include statutory financial analysis, internal controls, process improvement initiatives, and audit and regulatory examination support, as well as statistical and premium tax filings when needed.

Responsibilities

Financial Reporting & Regulatory

• Prepare and support the review of quarterly and annual consolidated financial statements, regulatory filings, financial statement disclosures, supporting schedules, capital adequacy calculations, and related reporting documentation, ensuring compliance with statutory accounting principles and regulatory reporting requirements.
• Analyze statutory financial results, balances, and trends; investigate unusual fluctuations or reporting variances.
• Prepare and support the review of assigned components of capital adequacy calculations and filings, including Risk-Based Capital (RBC) and Best’s Capital Adequacy Ratio (BCAR).
• Support assigned statistical and premium tax filing activities, as needed.
• Assist with implementation of new statutory accounting guidance, accounting policies, and regulatory reporting requirements.
• Prepare select journal entries and account reconciliations related to assigned financial reporting responsibilities.
• Prepare documentation supporting regulatory reporting conclusions, capital calculations, and disclosure requirements.
• Maintain current knowledge of statutory financial reporting requirements, regulatory developments, industry trends, and best practices.

Governance & Controls

• Maintain SOX-compliant documentation, ensuring adherence to company policies and internal control requirements.
• Assist with audit requests, including internal controls and testing evidence.

Collaboration & Process Improvement

• Participate in continuous improvement initiatives aimed at optimizing processes, standardizing reporting, and automating data flow.
• Mentor other team members by sharing knowledge and modeling best practices in statutory accounting and regulatory financial reporting.
• Support system enhancements and testing related to accounting or financial reporting applications.
• Collaborate with cross-functional teams including operations and IT to support finance transformation initiatives designed to modernize systems and standardize financial processes.
• Perform other duties as assigned to support the finance department and company goals.

Education

• Bachelor’s degree in Accounting
• Certified Public Accountant (CPA) or progress toward certification preferred
• Master’s degree in Accounting or MBA preferred

Experience

• 5 years of financial reporting or insurance accounting experience.
• Prior experience within property and casualty insurance preferred.
• Experience preparing or supporting statutory financial statements, regulatory filings, capital calculations, and related disclosures.

Knowledge, Skills & Abilities

• Strong understanding of statutory accounting principles and statutory financial statement presentation requirements.
• Knowledge of regulatory reporting requirements, capital adequacy calculations, and related disclosure practices.
• Strong analytical and problem-solving skills with attention to accuracy and detail.
• Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUP, complex formulas).
• Experience with financial systems and subledgers desirable.
• Excellent communication and collaboration skills across cross-functional teams.
• Ability to manage multiple priorities, meet deadlines, and work effectively in a dynamic environment.
• Demonstrated ability to work both independently and collaboratively in a team setting.
• Process improvement mindset with ability to identify and implement efficiency enhancements.
• Critical thinking skills and sound professional judgment.
• Strong organizational skills and attention to detail.

Working Conditions

• General office environment
• Travel Requirements: Infrequent travel, only as needed

Compensation & Benefits

• Base salary range: $71,000 - $94,396 annually
• Annual incentive compensation
• Medical, dental, vision & life insurance
• Accident, critical illness & short-term disability insurance
• Retirement plans with employer contributions
• Generous time-off program
• Programs designed to support employee well-being and financial security

Pay Transparency Statement

This pay range disclosure is provided in accordance with applicable state and local pay transparency laws. Individual pay within the stated range will be determined based on relevant factors including experience, education, certifications, skills, internal equity, geography, and market data.