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SalaryUE provides liability insurance and risk management services to about 1,600 members representing K-12 schools, colleges, and universities throughout the United States. With over 35 years serving education, we bring deep expertise to our members and focus on delivering an experience that leaves them feeling confident that we understand their needs and offer insights and solutions suited for their unique challenges. These sentiments are echoed in our culture, where we believe that building on and embracing our unique differences and perspectives enables us to better serve our members and fulfill UE's mission.
Do you have perseverance and grit? Are you resilient in the face of change? Do you enjoy working hard with a team that will support you? Our team takes pride in meeting challenges with resourcefulness and producing high quality work to support ever changing financial needs of the company. We are looking for a business savvy individual who takes initiative, seeks improvement to processes, and thrives in a fast paced environment. If this sounds like you, apply now.
The Senior Accounting position is a robust role in the Accounting and Financial department. The ideal candidate will need to have the knowledge and experience in STAT/GAAP insurance accounting, month end closing, as well as a passion to learn, grow, and upskill.
Responsibilities:
- Responsible for monthly reinsurance loss accounting journal entries and reconciliations
- Full responsibility of invoice billing and incoming cash tracking related to reinsurance
- Responsible for monthly investment accounting journal entries and reconciliations
- Prepares quarterly and annual NAIC statements and files with state insurance departments and regulatory agencies as required. Keeps up to date with current accounting rules and regulations and proposes changes to Director and Controller based on knowledge of these rules
- Coordinate and work with other accountants to close the month efficiently and effectively within 8 business days
- Prepares complex accounting schedules to calculate financial statement inputs. Schedules may include, but are not limited to, claim payments and reserve changes, ceded premium and loss calculations, earned premium and deferred underwriting expenses, and investment reconciliations
- Analyzes financial data for accuracy and completeness. Researches and resolves discrepancies independently
- Complete ad hoc reporting for leadership as requested
- Partner with department heads from other units and leverage data analysis tools to drive continuous improvement of our accounting processes
Requirements:
- Accounting degree and 3-5 years of related insurance experience
- Proficiency in Excel and Microsoft Word
- Reinsurance working knowledge required
- Investment accounting experience preferred
- Excellent written and oral communication skills
- Self-starter, with strong interpersonal, teamwork, analytical, and partnering skills
- Ability to complete new assignments with minimal guidance
Benefits:
- Competitive compensation and benefits package for full-time employees
- Hybrid schedule - employees work in our office 2-3 days per week
- Work-life balance - like the service we provide to our members, we want our employees to feel assured, cared for, and enlightened
- Inclusive and supportive culture that embraces diverse ideas and opinions
- Monthly lunches and various social events throughout the year
