Overview
This role involves assisting in the preparation of Statutory and GAAP Financial Statements and managing day-to-day financial reporting activities to support management and stakeholders in making informed economic decisions about the organization's future.
Responsibilities
- Uphold core values including Integrity, Accountability, Communication, Teamwork, Innovation, and Customer Service.
- Assist in preparing and entering monthly and quarterly journal entries.
- Support the preparation of internal and external monthly financial statements and annual audits.
- Assist in preparing and completing annual and quarterly NAIC statutory financial statements.
- Manage cash application, accounts receivable (A/R), accounts payable (A/P), suspense clearing, and bank account reconciliations.
- Enforce internal controls and accounting policies, including compliance with SOX requirements; ensure audit readiness.
- Interact with state insurance departments and regulatory authorities as needed.
- Assist in preparing reinsurance reports and remittances, track outstanding receivables, and related reinsurance accounting.
- Maintain systems and controls to verify the integrity of processes and data.
- Support financial planning and analysis activities including budgets, forecasts, results analysis, and capital planning.
- Provide accurate and timely work to the Controller to meet financial needs.
- Participate in special projects and compile special reports as necessary.
- Comply with all internal and external regulations and policies.
Knowledge, Skills, and Abilities
- Working knowledge of GAAP, ledger management, account reconciliation, audit/control procedures, cash management, A/P, A/R, payroll, income tax, investment accounting, banking, and accounting systems.
- Knowledge of Statutory Accounting, Reinsurance Accounting, and insurance operations is a plus.
- Excellent written and verbal communication skills.
- Strong analytical skills with exceptional attention to detail.
- High initiative and motivation.
- Strong work ethic and drive to succeed.
- Proactive self-starter with a teamwork orientation.
- Ability to work under pressure and manage multiple deadlines.
- Intermediate to expert proficiency in MS Office (Word, Excel, Outlook).
Experience and Education
Staff Accountant
- Bachelor’s Degree in accounting, finance, or related field required.
- Minimum of three years’ experience in corporate and/or public accountancy or finance roles.
- Working towards CPA designation is a plus.
- Hands-on accounting experience within the Property and Casualty Insurance industry is desired but not required.
Staff Accountant II
- Bachelor’s Degree in accounting, finance, or related field required.
- CPA designation strongly preferred.
- Minimum of five years’ experience in corporate and/or public accountancy or finance roles.
- At least two years of hands-on accounting experience within the Property and Casualty Insurance industry strongly preferred.
Additional Information
- This position is not eligible for H-1B visa sponsorship.
- Applicants must be currently authorized to work in the United States on a full-time basis without the need for current or future H-1B sponsorship.