Accounting and Finance Manager

California Mutual Insurance Company, established in 1920, has been serving Californians with reliable commercial and personal insurance for over a century. California Mutual is a small company and is a policyholder-owned mutual company, with profits reinvested to benefit our members. Rated A
- Excellent by AM Best, we distribute our products through independent agents across the state. Our advanced web-based system ensures accessible policy management, while our California-based team provides personalized service to meet the individual needs of our policyholders and agents.

This is a full-time, on-site role for an Accounting and Finance Manager based in Hollister, CA. The Accounting and Finance Manager will oversee financial reporting, budgeting, and forecasting activities while ensuring compliance with regulatory and accounting standards. Daily responsibilities include managing financial operations, preparing detailed reports, analyzing financial data, and contributing to strategic financial decision-making.

• Financial Reporting & Compliance
  • Prepare and file statutory financial statements in accordance with NAIC and California Department of Insurance (CDI) requirements.
  • Ensure timely and accurate GAAP and SAP reporting.
  • Manage annual AM Best submissions and maintain rating support documentation.
  • Oversee general ledger, journal entries, and monthly close processes.
  • Reconcile premium, claims, and reinsurance accounts.
  • Monitor cash flow and manage banking relationships.
• Reinsurance & Data Management
  • Maintain reinsurance schedules and support treaty accounting.
  • Collaborate with brokers and reinsurers to ensure accurate data exchange and settlement.
  • Maintain investment activities and reconcile investment accounts.
  • Collaborate with investment advisors to ensure investment strategies are in line with the Company and regulatory requirements.
  • Serve as primary liaison with CDI, AM Best, and external auditors.
  • Ensure compliance with internal controls and support SOX-like documentation.
• Budgeting & Strategic Support
  • Lead annual budgeting and forecasting processes.
  • Provide financial analysis and insights to support executive decision-making.

• Bachelor’s degree in accounting, finance, or related field.
• Must reside within a reasonable commute of Hollister, CA
• 5+ years experience in P&C insurance accounting, accounting or auditing.
• Strong understanding of statutory accounting principles and regulatory reporting.
• Experience with AM Best filings and CDI compliance.
• Familiarity with reinsurance accounting and data management.
• Proficiency in accounting software (e.g., Quick Books, Sage, or insurance-specific platforms).
• Advanced Excel skills; experience with pivot tables and financial modeling.
• Strong written and verbal communication skills.
• Ability to manage multiple priorities in a lean, collaborative environment.