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CHS Inc

Insurance Staff Accountant

CHS Inc, Clearwater, Florida, United States, 34623


Overview

Insurance Staff Accountant

Join us and enjoy a robust benefits package designed to support your well-being!

(Some plans vary by state.)

Full Time employees can enjoy:

Health Coverage: Two flexible medical plans.

Dental & Vision: Comprehensive coverage by Sun Life. Vision is company paid.

Health Savings Account (HSA): Pre-tax contributions.

Flexible Spending Accounts (FSA): Medical and Dependent Care options.

Life & Disability Insurance: Company-paid, with optional additional coverage.

Generous Paid Time Off (PTO), plus additional paid holidays.

Employee Assistance Program (EAP): Wellness support

401k Retirement Plan: Participate and receive a company match after meeting eligibility requirements.

Frequent and ongoing employee appreciation and celebration throughout the company

Paid training

Dynamic, challenging, and motivating work environment

Clear career path and opportunities for growth

VERY competitive pay and compensation package

Outstanding employee retention rate

True teamwork environment

High visibility and interaction with senior management

Enjoy an easy commute to our prime location in Clearwater's Highpoint/ICOT/Gateway area – conveniently accessible from anywhere

Summary:

The Insurance Staff Accountant applies principles of both STAT and GAAP accounting to prepare financial reports and to analyze financial information.

Responsibilities

Essential Duties and Responsibilities:

Compiles and analyzes financial information to prepare entries to accounts, such as general ledger accounts, documenting business transactions.

Possesses a strong understanding of earned premium, assumed premium, and ceded premium and how to record on the financial statements.

Prepares NAIC quarterly and annual filings.

Prepares reinsurance settlement statements.

Calculates and files quarterly Premium Tax due to various states within which we are licensed.

Distributes expenditures, encumbrances, receipts, and receivables according to schedules.

Performs statistical analyses to determine trends, estimates, and significant changes, and writes narrative reports explaining findings.

Performs variance and ratio analysis and presents results to upper management.

Performs detailed reconciliations for both cash accounts and intercompany loan accounts to ensure that both sides of each area balance on the accounting system. Determines cash needs for Single Business Units (SBU's). Performs bank reconciliations and set up ACH for expenditures.

Analyzes financial information detailing assets, liabilities, and capital, and prepares balance sheet, profit and loss statement, and other reports to summarize and interpret current and projected company financial position for other managers.

Audits contracts, orders, and vouchers, and prepares reports to substantiate individual transactions prior to settlement.

Determines proper handling of financial transactions and approves transactions within designated limits.

Monitors compliance with generally accepted accounting principles (GAAP), Statutory Accounting Principles (SAP), and company procedures.

Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports.

Installs, modifies, documents, and coordinates implementation of accounting systems and accounting control procedures.

Devise and implement system for general accounting. Consistently looks for ways to improve processes, automating where possible.

Designs and maintains pro forms for current and proposed contracts to determine pricing and profitability.

Makes recommendations regarding the accounting of reserves, assets, and expenditures

Conducts studies and submits recommendations for improving the organization's accounting operation.

Collects appropriate data and prepares federal, state, and local reports and tax returns.

Other Responsibilities:

Adheres to the policies and procedures of the Premier Family of Companies

Maintains strict confidentiality of client, company, and personnel information

Demonstrates a strong commitment to the mission and values of the organization

Adheres to company attendance standards

Performs other duties as assigned

Supervisory Responsibilities: None

Qualifications

Competencies:

Strong organizational and interpersonal skills

Excellent written and verbal communication skills

Detail oriented

Ability to multi-task and work independently

Task oriented and deadline driven

Qualifications:

At least two years of accounting experience required

At least one year of Insurance industry experience required

At least one year of Statutory accounting experience required

At least one year of GAAP accounting is required.

Education and/or Experience:

A Bachelor of Science degree in Accounting is required

LOMA or other insurance industry designation is a plus

Certificates, Licenses, Registrations: None

Computer Skills:

Proficiency using software programs such as MS Word, ACCESS, PowerPoint, and Outlook. Advanced knowledge of Excel required. Experience in Quick Books is a plus. Familiarity with Commission reporting software such as APL and/or Clearwater Analytics is helpful.

Environmental Factors/Physical Demands:

Work is performed in an office environment. While performing the duties of this job, the employee is regularly required to have the ability to maintain active customer and employee communication; access, input and retrieve information from the computer system; enter alpha-numeric data into a computerized system often while listening on the telephone. May be subject to repetitive motion such as typing, data entry and vision to monitor. May be subject to bending, reaching, kneeling, stooping and lifting up to thirty (30) pounds.

HP123

Job Locations US-FL-Clearwater

Job Post Information* : Posted Date 3 months ago (8/6/2024 8:31 AM)

ID 2024-2593

# of Openings 1

Category Accounting/Finance