Statutory Accounting Manager Job at Affinity Executive Search in Rockville Centr
Affinity Executive Search, Rockville Centre, NY, United States
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
Qualifications: Must-Have Insurance Statutory experience
Why is This a Great Opportunity: Ground Floor opportunity new division