Insurance Senior Accountant

Insurance Senior Accountant

Join us and enjoy a robust benefits package designed to support your well-being! (Some plans vary by state.)

• Full Time employees can enjoy:
• Health Coverage:
  Two flexible medical plans.
• Dental & Vision:
  Comprehensive coverage by Sun Life. Vision is company paid.
• Health Savings Account (HSA):
  Pre-tax contributions.
• Flexible Spending Accounts (FSA):
  Medical and Dependent Care options.
• Life & Disability Insurance:
  Company-paid, with optional additional coverage.
• Generous Paid Time Off (PTO), plus additional paid holidays.
• Employee Assistance Program (EAP):
  Wellness support
• 401k Retirement Plan:
  Participate and receive a company match after meeting eligibility requirements.
• Frequent and ongoing employee appreciation and celebration throughout the company
• Paid training
• Dynamic, challenging, and motivating work environment
• Clear career path and opportunities for growth
• VERY competitive pay and compensation package
• Outstanding employee retention rate
• True teamwork environment
• High visibility and interaction with senior management
• Enjoy an easy commute to our prime location in Clearwater's Highpoint/ICOT/Gateway area – conveniently accessible from anywhere

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

Essential Duties and Responsibilities:

• 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 reconciliations 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 (SBU's).
• 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 systems for general accounting, seeking process improvements and automation 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 operations.
• Collects data and prepares federal, state, and local reports and tax returns.

Other Responsibilities:

• Adheres to company policies and procedures.
• Maintains confidentiality of client, company, and personnel information.
• Demonstrates commitment to the organization's mission and values.
• Adheres to attendance standards.
• Performs other duties as assigned.

Supervisory Responsibilities:

None

Competencies:

• Strong organizational and interpersonal skills.
• Excellent written and verbal communication…