Statutory Accounting Manager - Rockville Centre, United States - Job Juncture

Description

Job Description

Statutory 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

Ground Floor opportunity