Description
Job description
Position Overview
We are seeking a dedicated Statutory Accounting Manager to join our team. In this pivotal role, you will ensure strict adherence to statutory accounting principles and regulations while overseeing the organization's financial reporting processes. Your expertise will be crucial in managing statutory financial statements and disclosures, ensuring compliance with evolving laws and standards in the property & casualty and life insurance sectors.
Statutory Reporting Oversight
Prepare and submit accurate statutory financial statements, including balance sheets, income statements, and cash flow statements, in accordance with regulatory frameworks.
Coordinate effectively with internal and external stakeholders, including auditors and regulatory bodies, to ensure timely reporting to state insurance departments.
Review audit reports and annual financial disclosures, maintaining compliance with NAIC's Statements of Statutory Accounting Principles (SSAPs).
Financial Analysis And Insight
Analyze financial data to identify trends, variances, and potential risks related to statutory reporting.
Prepare customized financial reports and analyses for senior management, auditors, and regulatory authorities, providing valuable insights to support decision-making.
Education & Experience
Bachelor's degree in accounting, finance, or a related field.
Minimum of 6 years of relevant experience in the insurance industry.
Four Years Of Team Leadership Experience Preferred.
Workday experience is advantageous.
Proficiency in Microsoft Office suite for various tasks and analyses.
Certifications & Licenses
Certified Public Accountant (CPA) or equivalent certification preferred.
Requirements
Background in statutory accounting and the insurance industry.
5-6 years of statutory accounting experience.
CPA preferred.
Priority given to property & casualty insurance experience over life insurance.
Employment Type: Full-Time