Lead Statutory Accountant (Hybrid​/Troy, MI) - Health Alliance Plan

Lead Statutory Accountant (Hybrid/Troy, MI) - Health Alliance Plan

The Lead Statutory Accountant, working in a hybrid environment, is primarily responsible for the preparation of statutory financial reports. This role requires in-depth research and reference to documented procedure manuals to ensure all phases of statutory reporting are completed in compliance with state filing requirements, statutory accounting principles, and NAIC guidance. A thorough understanding of US GAAP is also required.

PRINCIPLE
DUTIES
AND
RESPONSIBILITIES:

• Lead preparation of recurring state/federal/corporate filings:
  • Quarterly and annual statutory insurance filings and assist with other related filings as needed
  • Statutory accounting reporting of investments securities and income
  • Monthly financial statement preparation (journal entries, account reconciliations and analytical schedule)
  • Statutory filing software, upgrades, and maintenance
• Coordinate with various departments in order to obtain required data necessary to complete filings.
• Monitor changes in statutory accounting principles and reporting regulations to ensure compliance.
• Draft required footnotes and prepare detailed supporting documentation for both statutory and US GAAP reporting purposes.
• Collaborate with HAP Finance Management and external auditors to ensure timely and accurate completion of annual filings.
• Coordinate with investment custodians and treasury department staff to ensure accurate GAAP and statutory accounting of investment securities and income.
• Ensure the Accounting department accurately prepares statutory insurance filings in accordance with applicable reporting standards.
• Assist the Manager with analysis of investment income, amortization, purchases, sales, and reconciliations for both short- and long-term investments.
• Work with t eams cross-functionally.
• Perform other duties as assigned by Finance Management.

EDUCATION/EXPERIENCE

REQUIRED:

• Master’s degree in accounting/finance/business administration is a plus.
• CPA preferred.
• Minimum of 4yearsofexperiencein
  
  Accounting required.
• Minimum of 4 yearsofquarterlyandannualpreparationof
  
  Statutory Insurance Blanks  preferred.
• Experience in healthcare accounting preferred.
• Strong analytical and problem-solving skills.
• Excellent written and verbal communication abilities.
• High attention to detail and accuracy.
• Ability to meet deadlines under pressure.
• Self-motivated and capable of working independently with minimal supervision.
• Proficient knowledge of accounting principles and procedures, financial analysis techniques, and both GAAP and statutory reporting standards.
• Experience using Power BI is a plus.
• Experience using Blackline, Workiva, and other financial close optimization tools is a plus.

HAP is a Michigan-based, nonprofit health plan that provides health coverage to individuals, companies and organizations. A subsidiary of Henry Ford Health System, we partner with doctors, employers and community groups to enhance the overall health and well-being of the lives we touch. With more than 1,100 dedicated and passionate employees, our goal is to make health care easy for our members.

Under the leadership of President and CEO Robert G. Riney, Henry Ford Health is a

$6 billion integrated health system comprised of six hospitals, a health plan, and 250+ sites

including medical centers, walk-in and urgent care clinics, pharmacy, eye care facilities and

other healthcare retail. Established in 1915 by auto industry pioneer Henry Ford, the health system

now has 32,000 employees and remains home to the 1,900-member Henry Ford Medical Group, one

of the nation’s oldest physician groups. An additional 2,200 physicians are also affiliated with the

health system through the Henry Ford Physician Network. Henry Ford is also one of the region’s

major academic medical centers, receiving between $90-$100 million in annual research funding and

remaining Michigan’s fourth largest NIH-funded institution. Also an active participant in medical

education and training, the health system has trained nearly 40% of physicians currently practicing

in the state and also provides education and training for other health professionals including nurses,

pharmacists…