Senior Accountant

Job Description

The Role

This role is part of the Finance team in Chicago and will be supporting both GAAP reporting and Statutory reporting. The main focus will be on accounting and reporting for the non-technical results and investment accounting. The level of this position is dependent on the knowledge and experience of the individual in both accounting and the insurance industry.

Responsibilities

• Responsible for reviewing non-technical journal entries and bank reconciliations.
• Prepare monthly file for corporate team in London for submissions of technical and non-technical items.
• Collaborate with FP&A team to ensure alignment of financial records with budgets
• Prepares and reconciles investment activity from Clearwater Analytics and custodian bank statements
• Prepares financial analysis of all non-technical balance sheet and income statement accounts on a monthly basis and brings errors to the attention of the accounting manager.
• Responsible for preparing the statutory main financial statement pages, investment pages and notes.
• Assisting in coordinating audit requests and PBC schedules.
• Responsible for understanding and interpreting current and new GAAP/IFRS/STAT pronouncements and how they may differ
• Work with Actuarial on IBNR and loss reporting

Other

• Responsible for various ad hoc requests
• Assisting with other responsibilities as assigned.
• Various projects as assigned.

Skills and experience

• Bachelor's or Masters degree in Accounting preferred, CPA is desirable but not required
• Insurance experience
• 4-6 years minimum of Accounting professional work experience
• Proficient in Microsoft Office packages to an intermediate level for Excel
• Experience with statutory reporting software
• Proactive approach to work - able to demonstrate initiative, flexibility, adaptability, efficiency, accuracy and thoroughness
• Ability to interact and communicate at all levels both within and outside the organization
• Understanding of other team members' deadlines and ability to meet own
• Self-motivated and enthusiastic team player
• Good organizational skills
• Business Process Improvement
• Change Management
• Control Assurance
• Data Management
• Documentation & Records Management
• Financial Analytics & Forecasting
• Insurance Industry Expertise
• Project/Programme Management
• Regulatory Compliance
• Stakeholder Management
• Systems Management
• Financial Systems Technical Architecture
• General Ledger Accounting & Reconciliation
• Process Standardization & Automation
• Risk Management
• Tax & Accounting Principles and Standards
• Tax & Financial Accounting
• Tax & Financial Reporting
• Tax Planning & Strategy

Salary Range: $70,000 - $82,000

About Us

Our benefits
We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory 401k, discretionary bonus, insurances including medical, dental and vision cover, and many other benefits to enhance financial, physical, social and psychological health.

About Canopius
Canopius is a global specialty lines (re) insurer. We are one of the leading insurers in the Lloyd's of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.

At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.
Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.

We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate.

We encourage and welcome applicants from all diverse backgrounds.

We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.