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Senior Statutory Accountant
Job in
Elizabeth, Union County, New Jersey, 07215, USA
Listed on 2026-07-14
Listing for:
Jobtailor
Full Time
position Listed on 2026-07-14
Job specializations:
-
Finance & Banking
Financial Reporting -
Accounting
Financial Reporting
Job Description & How to Apply Below
Responsibilities
- The Senior Statutory Accountant is responsible for ensuring accurate and timely preparation of statutory financial reporting in compliance with NAIC and state regulatory requirements.
- This role exists to support the integrity of financial results through detailed analysis, reconciliation, and collaboration with cross‑functional teams, including Actuarial.
- It also plays a key role in improving and automating statutory processes to enhance efficiency and reduce risk.
- The position ensures regulatory filings and financial statements are completed accurately, on time, and in alignment with internal and external expectations.
- Re‑engineer existing Statutory processes to streamline and improve process flows.
- Work with Actuarial on quarterly loss development.
- Prepare internal quarterly Schedule P and annual NAIC Schedule P and notes.
- Prepare quarterly reconciliations and ensure accuracy of financial data.
- Develop and implement allocation methodologies within financial systems to eliminate manual calculations.
- Preparation of certain state/jurisdiction premium tax returns, and surcharge/assessment filings, including ensuring timely filing and payment of the same.
- Completion of assigned schedules for management/regulators/auditors.
- Perform detailed analysis as required for fluctuations in quarterly results.
- Participate in the quarterly generation of Statutory Financial Statements.
- Help with Ad hoc projects as needed.
- Bachelor’s degree in Accounting or Finance strongly preferred.
- 5+ years accounting experience, in the P&C Insurance Industry, with a strong knowledge of coverages.
- Advanced computer skills on MS Office Excel and accounting software.
- Experience with process re‑engineering, including assessment of current processes and creativeness in the design and implementation of new processes.
- Ability to manipulate large amounts of data.
- Ability to work independently and manage short and long‑term projects.
- Proven knowledge of accounting principles, practices, standards, laws and regulations.
- High attention to detail and accuracy.
- Technical skills in SQL and VBA are a plus.
- Knowledge of the Oracle Fusion General Ledger is a plus.
- Applicants must be authorized to work in the U.S. without current or future sponsorship needs.
Position Requirements
10+ Years
work experience
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