Statutory Accountant
Listed on 2026-06-09
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Finance & Banking
Financial Reporting, Tax Accountant, Accounting Manager -
Accounting
Financial Reporting, Tax Accountant, Accounting Manager
FOCUS provides cloud-based, core administration solutions (FOCUS Tech) and services (FOCUS Insurance Services) for P&C insurance companies and MGAs. Using decades of industry experience, FOCUS is taking the risk out of insurtech for small, mid-size, and growth-focused insurance organizations.
When you join FOCUS, you immediately become one of our most valued components – and we’re committed to investing in you. That means you can look beyond the paycheck and excellent benefits to an environment that will help you grow and achieve your professional goals through development and advancement opportunities and the support of our outstanding leaders and teammates. FOCUS proudly operates as a subsidiary of PEAK
6.
The Statutory Accountant is responsible for preparing, reviewing, and maintaining accurate statutory financial data and financial statements in accordance with NAIC Statutory Accounting Principles (SAP) for Property and Casualty (P&C) Insurance Companies.
This role supports statutory reporting & compliance, financial reporting and accounting close, audit and regulatory support, and timely filings with state insurance departments and the NAIC. The Statutory Accountant also partners closely with internal business partners, systems, technology, and client actuarial/tax/external auditors to ensure compliance, transparency, and financial integrity across the insurance carrier, as our organization expands. This is a remote role that may be required to travel 1-2 times annually.
Key Responsibilities Statutory Reporting & Compliance- Help design and maintain a statutory chart of accounts and general ledger, and prepare required journal entries
- Prepare and review quarterly and annual statutory financial statements in accordance with NAIC SAP along with the accompanying statutory blank pages, schedules, and supplements
- Ensure timely submission of statutory filings to state regulators and the NAIC
- Monitor and apply updates to NAIC guidance, statutory accounting changes, and regulatory requirements
- Define and analyze data from system reports, and prepare the balance sheet, income statement, and trial balance
- Support monthly and quarterly close processes related to statutory reporting
- Perform balance sheet reconciliations, including investments, reinsurance, reserves, bank, and surplus accounts
- Analyze statutory-to-GAAP differences and maintain reconciliation schedules
- Serve as a key contact for statutory audits and regulatory examinations
- Prepare audit schedules, supporting documentation, and responses to auditor and regulator inquiries
- Assist with the remediation of audit findings and regulatory recommendations
- Collaborate with accounting, underwriting and other internal business partners, as well as external clients and carriers
- Partner with Data/Business Analyst & technology teams to provide data
- Partner with Actuarial on reserves, loss adjustment expenses, and premium recognition, Investments on statutory valuation and reporting, and Tax on statutory tax disclosures and reporting requirements
- Maintain and enhance statutory accounting policies, procedures, SOP’s and other documentation
- Identify opportunities to improve efficiency, accuracy, and controls within statutory reporting processes
- Lead automation or system enhancements related to statutory reporting tools
- 5–7 years of accounting experience, with direct property and casualty statutory accounting or property and casualty insurance carrier experience
- Bachelor’s degree in Accounting, Finance, or related field
- Strong working knowledge of NAIC Statutory Accounting Principles (SAP)
- Experience preparing or reviewing statutory financial statements
- Advanced Excel skills and experience working with large financial data sets
- Familiarity with statutory reporting software (e.g., FIS, Oracle or similar)
- Experience supporting statutory audits and regulatory examinations
- CPA or CPA-eligible is a plus
- Ability to work cross-functionally with finance, technology, and leadership teams
- Knowledge of insurance accounting and regulatory…
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