The Accounting Manager for Insurance oversees financial activities for insurance and reinsurance companies under the Director, Insurance Accounting's guidance. They ensure precise and timely financial reporting, vital for mandatory filings with NAIC and state agencies. This role demands strong attention to detail, hands-on expertise in insurance accounting, and efficiency. Thriving in a fast-paced environment, meeting tight deadlines, and effective communication with internal and external stakeholders are key. Compliance with company policies and delivering accurate information aligning with corporate standards is paramount.

ESSENTIAL DUTIES & RESPONSIBILITIES

Responsible for the issuance of monthly financial statements (on GAAP and SAP basis) for the insurance and reinsurance entities, including any other managerial reporting or ad-hoc reporting requests from stakeholders

Responsible for yellow book filings with the NAIC, state OIR agencies, and other regulatory bodies as needed

Assist with gathering information to meet AMBEST requests

Assist in preparing for and reviewing the annual audited financial statements for our external audit

Monitor and ensure timely identification and compliance with evolving accounting guidance, provide US

GAAP and SAP interpretation, and prepare memos that document issues in a clear, logical and comprehensive manner

Communicate and explain accounting issues and evolving accounting guidance to Leadership

Prepare SAP-GAAP reconciliations and explanations

Assist management in generating financial schedules and other items for internal and external reporting

Assist with development, implementation, and maintenance of accounting policies, procedures, and guidelines to ensure financial statements are in accordance with GAAP, SAP and regulatory requirements

Interface with the Company’s external auditors regarding external financial statements and accounting issues to ensure auditor agreement with Company decision on accounting, disclosures and issues

Ensure all transactions are recorded timely and accurately in the accounting system, and assist with establishing project accounting setup functions within the accounting system as required

Monitor bank covenant compliance

Support management with special projects such as the implementation of departmental policies, procedures and controls

Effectively collaborate and communicate well with employees, vendors and the CPAs or accounting firms when appropriate

Consistent follow-through and ability and flexibility to multi-task and effectively balance priorities and meet tight deadlines

Effectively present information and respond to questions from groups of directors, managers and external accounting service groups

Maintain competency through seminars, workshops, and professional affiliations to keep abreast of latest industry developments

QUALIFICATIONS (Education, Experience, & Skills required)

Bachelor’s degree in Accounting

5 - 7 years of experience

Public accounting experience

Experience with yellow book filings and state OIR filings

Thorough understanding and exposure to GAAP and SAP, including the ability to research and apply GAAP and SAP principles

Working knowledge of financial statement preparation and presentation

Knowledge of accounting for taxes

Tax return experience a plus

Excellent management and supervisory skills

Proficient in accounting software - WorkDay system experience a plus

Ability to interact effectively with all levels of staff and management

Experience working with external auditors and other outside partners

Strong analytical and problem-solving skills

Excellent verbal and written communication skills

Excellent Microsoft Office (Excel, Word, Power Point, Outlook)

Ability to multi-task and work under pressure and thrive in a fast-paced results-oriented environment