Address
Form of workStatutory Accounting Manager
Department:Finance
Reports To:CFO
Effective Date: Immediately
Responsibilities Include (but not limited to) :
- Responsible for monthly closing process.
- Prepare monthly and quarterly journal entries capturing:
- insurance activity (premium, unearned premium, commissions, paid losses and loss adjustment expenses and case reserves)
- reinsurance activity (premium, unearned premium, commissions, paid losses and loss adjustment expenses and case reserves)
- taxes, fees and manual adjustments identified by the policy admin system
- Maintain the insurance database and generate monthly/quarterly reports
- Preparation of monthly / quarterly reinsurance accounting, billing & collections
- Preparation of quarterly and annual Statutory & GAAP financials and regulatory filings
- Preparation of annual audited statutory financial statements and footnotes
- Manage and direct handling of Investment Accounting
- Prepare corporate tax provisions & premium tax filings for states and local jurisdictions.
- Maintain database of filings and deadlines
- Stay current with statutory regulations and determine the relevant impact changes
- Ad-hoc projects
Work Experience:
- 5-10 years of P&C Insurance Accounting experience
- Statutory & Reinsurance Accounting
- Bachelors degree Accounting or Finance
- Experience researching and resolving complex issues
Job Qualifications / Competencies:
- Proven success in the following job competencies:
- Analysis and Reporting
- Business Planning and Management
- Communication and Presentation verbal & written
- Customer Focus and Relationship Building
- Champion for constant improvement
- Information and Technology Proficiency
- Leadership
- Problem Solving and Decision Making
- Technical Industry and/or Profession Expertise
Education:
- Bachelors degree Accounting or Finance
- CPA or Masters degree a plus
- Continuing education in Statutory Accounting Principals
Operating solutions:
- Advanced skills in Microsoft Office Applications including:
- Excel
- Word
- Access
- Outlook -email, scheduling, etc.
- Teams
- Statutory regulatory filing software
Must-Have Insurance Statutory experince
Why is This a Great Opportunity:
Ground Floor opportunity
