Statutory Accounting Manager

Remote: 
Full Remote
Contract: 
Work from: 

Offer summary

Qualifications:

Bachelor’s degree in accounting is required., Minimum of 5 years of statutory accounting experience in a P&C Insurance environment is necessary., Understanding of GAAP and SAP frameworks is essential., CPA or other relevant designations are strongly preferred..

Key responsibilities:

  • Prepare and review quarterly and annual statements for three insurance companies.
  • Complete audited financial statements and annual MD&A for the companies.
  • Prepare all annual filings with states of domicile and licensed states.
  • Coordinate with external auditors regarding all statutory audits.

First Acceptance Insurance logo
First Acceptance Insurance Insurance SME https://www.firstacceptance.com/
501 - 1000 Employees
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Job description

RESPONSIBILITIES
•    Prepares and reviews quarterly and annual statements for the three insurance companies
•    Completes audited financial statements for the three insurance companies
•    Completes annual MD&A for the three insurance companies
•    Prepares all annual filings with the states of domicile and all other licensed states
•    Create reinsurance accounting procedures and internal control documentation
•    Provide all monthly filings with reinsurers 
•    Prepares all reinsurance and statutory journal entries
•    Reconciles statutory-related accounts
•    Work with compliance to ensure all state requirements are met
•    Work with the actuary on Schedule P and loss development information
•    Responsible for all insurance company accounting correspondence with states
•    Coordinates with external auditors regarding all statutory audits

JOB REQUIREMENTS
•    Requires a Bachelor’s degree in accounting
•    Requires a minimum of 5 years of statutory accounting experience in a P&C Insurance environment
•    Must understand GAAP and SAP frameworks
•    Public accounting experience with Big 4 preferred
•    Intermediate knowledge of Microsoft Excel 
•    Possess excellent time management, prioritization, and organizational skills 
•    Thinks critically and anticipates, recognizes, identifies, and develops solutions to problems promptly 
•    Excellent interpersonal and communication skills, including presentation skills
•    CPA strongly preferred, or other designations
•    Familiar with RBC, reserves, and losses
#LI-REMOTE

As a Team Member at First Acceptance Insurance Company, you will be part of a growing organization that continues to evolve and positively impacts the lives of our team members and customers.

We are looking for team members that engage – who take responsibility for themselves and take care of their customers and colleagues. Ideal candidates can compose themselves under pressure, have a “make It right” mindset, and focus their energies on solving problems. This means you’ll be supported by a team with all these qualities, too. If this sounds like the kind of team you’d like to join, we want to hear from you!

 

First Acceptance Insurance Company offers a full line of benefits including: Health Insurance, Dental, Vision, Paid Vacation, Disability Insurance and Employer Matching 401(k) Program.

 

WE ARE AN EQUAL OPPORTUNITY EMPLOYER. Applicants are considered for position and are evaluated without regard to mental or physical disability, race, religion, sexual orientation, color, gender, national origin, age, marital status, military or veteran status or any other protected local, state or federal status unrelated to the performance of the work involved.

Required profile

Experience

Industry :
Insurance
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Other Skills

  • Microsoft Excel
  • Time Management
  • Critical Thinking
  • Organizational Skills
  • Prioritization
  • Verbal Communication Skills
  • Social Skills
  • Problem Solving

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