Insurance Senior Accountant Clearwater, FL

Insurance Senior Accountant Clearwater, FL

STAT Reporting Experience, GAAP Accounting Experience, Accident & Health (A&H) Insurance Experience, MS Excel (Pivot Tables & VLOOKUPs) Knowledge

Experience level:
Mid-senior Experience required: 5 Years Education level:
Bachelors degree Job function:
Accounting/Auditing Industry: Insurance Compensation:
View salary Total position: 1 Relocation assistance:
Yes Visa sponsorship eligibility:
No

Location:

On-Site Our Clearwater, FL office at nd Ave N, Clearwater, FL 33760.

Note:

Client is seeking a strong insurance accountant who has both STAT and GAAP experience in our specialty area of insurance Accident & Health. We arent interested in P&C experienced candidates UNLESS they also have A&H experience. Salary range in general starts from $90K to $120K per year maybe more if extremely qualified.

Industry: This position is insurance accounting in Accident & Health Insurance (called A&H) which is regulated by the NAIC (National Association of Insurance Commissioners) -- - quarterly, annual statements + month ends.

Must have STAT and GAAP experience.

Notes:
If they dont have STAT & GAAP, it wont work. If they have a lower level of STAT experience, it might work. We may have to train. Dont rule them out, just get more information.

The Insurance Senior Accountant applies principles of both STAT and GAAP accounting to prepare financial reports and to analyze financial information.

Compiles and analyzes financial information to prepare entries to accounts, such as general ledger accounts, documenting business transactions.

Possesses a strong understanding of earned premium, assumed premium, and ceded premium and how to record on the financial statements.

Prepares NAIC quarterly and annual filings

Prepares reinsurance settlement statements

Calculates and files quarterly Premium Tax due to various states within which we are licensed.

Distributes expenditures, encumbrances, receipts, and receivables according to schedules.

Performs statistical analyses to determine trends, estimates, and significant changes, and writes narrative reports explaining findings.

Performs variance and ratio analysis and presents results to upper management.

Performs detailed reconciliation for both cash accounts and intercompany loan accounts to ensure that both sides of each area balance on the accounting system. Determines cash needs for Single Business Units (SBUs). Performs bank reconciliations and set up ACH for expenditures.

Analyzes financial information detailing assets, liabilities, and capital, and prepares balance sheet, profit and loss statement, and other reports to summarize and interpret current and projected company financial position for other managers.

Audits contracts, orders, and vouchers, and prepares reports to substantiate individual transactions prior to settlement.

Determines proper handling of financial transactions and approves transactions within designated limits.

Monitors compliance with generally accepted accounting principles (GAAP), Statutory Accounting Principles (SAP), and company procedures.

Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports.

Installs, modifies, documents, and coordinates implementation of accounting systems and accounting control procedures.

Devises and implements system for general accounting. Consistently looks for ways to improve processes, automating where possible.

Designs and maintains pro formas for current and proposed contracts to determine pricing and profitability.

Makes recommendations regarding the accounting of reserves, assets, and expenditures.

Conducts studies and submits recommendations for improving the organization's accounting operation.

Collects appropriate data and prepares federal, state, and local reports and tax returns.

Adheres to the policies and procedures of the Premier Family of Companies

Maintains strict confidentiality of client, company and personnel information

Demonstrates a strong commitment to the mission and values of the organization

Adheres to company attendance standards

Performs other duties as assigned

Supervisory Responsibilities:

None

Competencies:

Strong organizational and interpersonal skills

Excellent written and verbal communication skills

Detail oriented

Ability to multi-task and work independently

Task oriented, and deadline driven

At least four years of accounting experience required.

At least two years of Insurance industry experience required.

At least two years of Statutory accounting experience required.

At least four years of GAAP accounting is required.

Education and/or

Experience:

A Bachelor of Science degree in accounting is required. LOMA or other insurance industry designation is a plus Certificates, Licenses, Registrations:

Computer

Skills:

Advanced knowledge of Excel required. Experience in Quick Books preferred.

Work is performed in an office…