Note: The job is a remote job and is open to candidates in USA. Connect Search, LLC is recruiting for an established insurance organization seeking a Senior Accountant for a fully remote contract opportunity. The role supports reinsurance accounting, statutory and financial reporting, general ledger activities, account reconciliations, close processes, audit support, regulatory filings, and accounting process improvements.
Responsibilities
- Account for ceded reinsurance transactions, including quarterly settlements, funds withheld arrangements, accruals, and related activity
- Evaluate reinsurance contracts for risk transfer under SSAP No. 61 and assist in determining appropriate accounting treatment, including prospective, retroactive, and deposit accounting where applicable
- Assist with preparation of quarterly and annual statutory financial statements
- Compile schedules, exhibits, and supporting documentation for financial reporting
- Prepare and review information within Wings statutory reporting software
- Assist with state and NAIC regulatory filings
- Support financial variance analysis by gathering data, researching activity, and preparing preliminary explanations
- Perform account reconciliations for assigned general ledger accounts
- Research reconciling items, identify discrepancies, and escalate unresolved issues when appropriate
- Prepare and post routine journal entries
- Support monthly and quarterly close activities in a deadline-driven accounting environment
- Assist with posting and reconciling policy-related activity
- Record and reconcile reinsurance activity
- Support investment and mortgage-related accounting entries and reconciliations
- Maintain fixed asset records and assist with related reconciliations
- Reconcile investment balances and track outstanding items through resolution
- Assist with gathering and organizing documentation for interim and annual audits
- Respond to audit documentation requests and provide appropriate accounting support
- Maintain organized schedules and supporting documentation for financial reporting and regulatory requirements
- Assist with review of daily banking activity and distribute NSF information to appropriate teams as needed
- Collaborate across Finance and provide accounting support where business needs are greatest
- Assist with documenting, maintaining, and updating accounting policies and procedures related to statutory close and reinsurance accounting
- Identify opportunities to improve accounting processes, close efficiency, accuracy, documentation, and internal controls
- Participate in additional accounting projects as assigned
Skills
- Candidates must reside outside California, New York, and Washington State
- • Bachelor's degree in Accounting, Finance, or a related discipline
- • Previous accounting experience working directly for an insurance company, rather than solely within a broker/dealer environment required
- • Experience within life insurance and/or property & casualty (P&C) insurance required
- • Hands-on reinsurance accounting experience, including supporting documentation and related accounting activity required
- • Strong understanding of GAAP and/or statutory accounting principles
- • Strong general ledger, journal entry, reconciliation, and financial reporting experience
- • Experience working with an ERP/accounting system
- • Strong Microsoft Excel skills, including PivotTables, lookup functions, and SUM/IF formulas
- • Demonstrated problem-solving and analytical skills, with the ability to independently research and resolve accounting issues
- • Comfortable operating in an environment where some accounting processes may be manual or not supported by a centralized database
- • CPA or progress toward CPA certification
- • Experience with ERP implementations or conversions
- • Experience with Wings or similar statutory reporting software
- • Experience with Blue Book and/or Yellow Book statutory reporting
- • Additional experience with insurance regulatory reporting and NAIC requirements
Benefits
- 100% Remote
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