Senior Insurance Accountant; STAT & GAAP

Job Title: Senior Insurance Accountant (STAT & GAAP)

Location: On-Site – Clearwater, FL

Industry: Accident & Health (A&H) Insurance Accounting

Our client is a well‑established organization within the Accident & Health (A&H) insurance sector, operating under NAIC regulatory guidelines. They are known for their strong commitment to accuracy, compliance, and high‑quality financial reporting. The company values process improvement, collaboration, and professional development.

The Senior Insurance Accountant applies principles of both Statutory (STAT) and GAAP accounting to prepare financial reports, complete regulatory filings, and analyze financial information within the Accident & Health (A&H) insurance line of business.

Financial Reporting & Analysis

• Compile and analyze financial information to prepare entries to general ledger and related accounts.
• Prepare NAIC quarterly and annual statutory filings.
• Prepare reinsurance settlement statements.
• Calculate and file quarterly premium tax returns for licensed states.
• Perform variance and ratio analyses and present findings to management.
• Prepare balance sheets, profit/loss statements, and additional financial reporting summaries.
• Execute statistical analyses to identify trends and significant changes.

Reconciliation & Cash Management

• Complete detailed reconciliations of cash and intercompany loan accounts.
• Determine cash requirements for Single Business Units (SBUs).
• Conduct bank reconciliations and set up ACH payments.

Compliance & Audit

• Audit contracts, orders, and vouchers to substantiate financial transactions.
• Ensure compliance with GAAP, STAT/SAP, and company policies.
• Investigate and correct inconsistencies or errors in financial entries and reports.

Process Improvement & Systems

• Implement and document accounting systems, controls, and procedures.
• Recommend and execute process improvements and automation opportunities.
• Create and maintain pro formas to support pricing and profitability analysis.

Additional Duties

• Prepare federal, state, and local reports and tax filings.
• Maintain confidentiality of sensitive information.
• Adhere to organizational policies, mission, and attendance standards.
• Perform other duties as assigned.

• Minimum 4 years of accounting experience.
• Minimum 2 years of insurance industry experience.
• Minimum 2 years of statutory (STAT/SAP) accounting experience.
• Minimum 4 years of GAAP accounting experience.
• Bachelor’s degree in Accounting required.
• LOMA or other insurance industry designation preferred.

• STAT reporting experience.
• GAAP accounting proficiency.
• Accident & Health (A&H) insurance knowledge.
• Advanced Excel (pivot tables, VLOOKUPs).
• Strong organizational and interpersonal skills.
• Excellent written and verbal communication abilities.
• Ability to work independently and meet deadlines.
• Detail-oriented and strong multitasking capabilities.

• Experience with insurance financial systems (Oasis, Clearwater, premium tax software).
• Experience with Quick Books.

• Office-based environment with regular computer and data entry tasks.
• Frequent communication via email and phone.
• Repetitive motions (typing, data entry) may be required.
• Occasional bending, lifting (up to 30 lbs), kneeling, or reaching.