Statutory Accountant

Overview

A well-established insurance organization is seeking a Statutory Accountant to support statutory and regulatory accounting within an insurance environment. This role requires a strong understanding of general ledger accounting, statutory accounting principles (SAP), and regulatory reporting, with a focus on accuracy, compliance, and collaboration across teams. Training and support are provided for general ledger and statutory processes.

Responsibilities

• Prepare monthly and quarterly reconciliations and reports.
• Reconcile financial discrepancies by collecting and analyzing account information.
• Complete quarterly and annual regulatory filings.
• Analyze issues and collaborate with senior accountants to determine solutions.
• Make recommendations on process improvements.
• Review reconciliations prepared by peer accountants.
• Maintain and reconcile the general ledger by validating data accuracy and resolving discrepancies.
• Review, validate, and load financial data, applying knowledge of chart-of-accounts structure, accounting principles, posting logic, and data dependencies.
• Participate in day-to-day general ledger maintenance, including account setup, mapping, and data validation.
• Identify and correct missing or misclassified entries to support timely and accurate close processes.
• Analyze general ledger account balances; prepare journal entries and upload to Oracle.
• Participate in the monthly financial statement close process.
• Ensure compliance with GAAP and Statutory Accounting Principles.
• Participate in the year-end audit.
• Apply understanding of insurance financials and general ledger for reporting to the group.
• Conduct analysis and research on assigned accounts and complete process reviews; make recommendations to management.
• Contribute to key projects, ensuring successful delivery and meeting business objectives.
• Interface with multiple departments to ensure proper implementations adhere to established standards.
• Perform other incidental or related duties as assigned, assist others, and perform duties of higher rated positions for developmental purposes.

Requirements

• Minimum of 3 years of accounting experience including statutory accounting.
• Understanding of accounting principles and their application.
• Knowledge and experience in the insurance industry.
• Experience with statutory accounting and statutory statements.
• Preferred knowledge of general ledger maintenance, including opening and closing of the general ledger, interface balancing, invoice coding, and running allocations.
• BA/BS in Accounting or equivalent work experience.

Compensation & Benefits

• Salary range: $64,813.00 - $106,995.00, with base pay depending on job-related knowledge, skills, and experience.
• Full range of medical, financial, and other benefits.
• Eligibility for performance sharing plan.
• Paid time off including holidays, vacation, sick, and personal holidays.

Additional Information

• This position may be filled at Accountant I, II, or Senior Accountant I level depending on education and experience.
• Equal Opportunity Employer.