Virginia Farm Bureau
Senior Statutory Accountant
Virginia Farm Bureau, Goochland, Virginia, United States, 23063
POSTION SUMMARY:
Prepare financial statements for Insurance entities including accounting schedules and other management reports. Perform analysis of activity within businesses and serve as a point person with the business units. Responsible for premium and loss related accounting including reinsurance and related analysis and reporting.
PRIMARY DUTIESInsurance Accounting
Process & support for premium & loss system.Perform reinsurance accounting and related entries for assigned reinsurance contracts.Prepare statutory or state-related insurance filings.Prepare underwriting analytical reports
Preparation of regulatory filings and support regulatory and rating analysis, including
NAIC Annual statement, including Schedule P and FNAIC Quarterly statement
Financial reporting preparation and analysis
Account reconciliations and review of account reconciliations submittedPreparation of financial reporting entries and other correcting or adjusting entries as necessaryPreparation of financial statements and documentation of variance analysis/business impact on financial resultsResearch and analysis of business trends and performance measures for business unitsDraft Treasurer's report template
Prepare and provide support for external auditorsBudgeting support to Business Units (BU)
Provide support to BU managers to facilitate budget development.Input A&F information to budgets.Review BU budgets.Incorporate VFB management input and changes to budgets.
ADDITIONAL DUTIES
All other duties as assigned by Assistant Director of Financial Reporting.MINIMUM EDUCATIONAL/EXPERIENCE QUALIFICATIONS
BS degree in accounting or finance or equivalent work experienceMinimum 3 years financial reporting and analysis experienceMinimum 3 years insurance industry experienceMINIMUM SKILL QUALIFICATIONS
Previous statutory accounting experienceProperty and casualty insurance and reinsurance knowledgeAbility to analyze ledger accounts and prepare journal entriesAbility to draft and interpret financial reports and resultsGood understanding of basic accounting principles, GAAP and SSAPAbility to work effectively with minimal supervisionStrong proficiency with Microsoft Office Suite (Excel required)Strong analytical skills with solid business and financial acumenStrong ability to logically solve problemsExcellent oral and written communication skillsProven ability to work effectively independently and in a team environmentGood organization skills (prioritize, multi-task, and able to meet strict deadlines)PREFERRED QUALIFICATIONS
5-10 years of experience in financial accounting and reporting.5-10 years of experience in insurance industry.Previous experience with Microsoft Access.Previous experience with NetSuite.
At VA Farm Bureau, we provide an exceptional benefits package, including ongoing job development and support in all roles, paid training and continuing education reimbursement, medical and dental insurance available on your first day, generous employee 401K contribution, excellent Paid Time off (PTO) plan and more!
Virginia Farm Bureau Companies provide equal employment opportunity in all aspects of employment without regard to race, color, national origin, religion, gender, pregnancy, age, disability, orientation or veteran status.
VAFB supports compliance with COVID-19 protocols.
Prepare financial statements for Insurance entities including accounting schedules and other management reports. Perform analysis of activity within businesses and serve as a point person with the business units. Responsible for premium and loss related accounting including reinsurance and related analysis and reporting.
PRIMARY DUTIESInsurance Accounting
Process & support for premium & loss system.Perform reinsurance accounting and related entries for assigned reinsurance contracts.Prepare statutory or state-related insurance filings.Prepare underwriting analytical reports
Preparation of regulatory filings and support regulatory and rating analysis, including
NAIC Annual statement, including Schedule P and FNAIC Quarterly statement
Financial reporting preparation and analysis
Account reconciliations and review of account reconciliations submittedPreparation of financial reporting entries and other correcting or adjusting entries as necessaryPreparation of financial statements and documentation of variance analysis/business impact on financial resultsResearch and analysis of business trends and performance measures for business unitsDraft Treasurer's report template
Prepare and provide support for external auditorsBudgeting support to Business Units (BU)
Provide support to BU managers to facilitate budget development.Input A&F information to budgets.Review BU budgets.Incorporate VFB management input and changes to budgets.
ADDITIONAL DUTIES
All other duties as assigned by Assistant Director of Financial Reporting.MINIMUM EDUCATIONAL/EXPERIENCE QUALIFICATIONS
BS degree in accounting or finance or equivalent work experienceMinimum 3 years financial reporting and analysis experienceMinimum 3 years insurance industry experienceMINIMUM SKILL QUALIFICATIONS
Previous statutory accounting experienceProperty and casualty insurance and reinsurance knowledgeAbility to analyze ledger accounts and prepare journal entriesAbility to draft and interpret financial reports and resultsGood understanding of basic accounting principles, GAAP and SSAPAbility to work effectively with minimal supervisionStrong proficiency with Microsoft Office Suite (Excel required)Strong analytical skills with solid business and financial acumenStrong ability to logically solve problemsExcellent oral and written communication skillsProven ability to work effectively independently and in a team environmentGood organization skills (prioritize, multi-task, and able to meet strict deadlines)PREFERRED QUALIFICATIONS
5-10 years of experience in financial accounting and reporting.5-10 years of experience in insurance industry.Previous experience with Microsoft Access.Previous experience with NetSuite.
At VA Farm Bureau, we provide an exceptional benefits package, including ongoing job development and support in all roles, paid training and continuing education reimbursement, medical and dental insurance available on your first day, generous employee 401K contribution, excellent Paid Time off (PTO) plan and more!
Virginia Farm Bureau Companies provide equal employment opportunity in all aspects of employment without regard to race, color, national origin, religion, gender, pregnancy, age, disability, orientation or veteran status.
VAFB supports compliance with COVID-19 protocols.