Insurance Accounting Manager

Overview

The Insurance Accounting Manager is responsible for ensuring the accuracy and timeliness of statutory financial reporting, investment accounting, and actuarial reporting while maintaining compliance with NAIC and regulatory requirements. This role oversees critical accounting and financial reporting functions supporting our insurance operations.  The ideal candidate is a proactive leader with strong technical accounting knowledge and experience in the insurance industry. 

Responsibilities

• Lead the preparation and filing of quarterly and annual statutory financial statements (NAIC Blue Book) and related supplemental schedules.
• Ensure compliance with statutory accounting principles (SAP), NAIC requirements, and applicable state insurance regulations.
• Manage investment accounting, including accounting for fixed income securities, equities, and investment-related reconciliations.
• Prepare and review actuarial reporting, including reserve analyses and supporting documentation.
• Prepare and review journal entries, account reconciliations, and supporting schedules related to insurance operations.
• Support annual statutory audits and state insurance examinations by coordinating audit requests and preparing supporting documentation.
• Assist with regulatory reporting, including premium taxes, risk-based capital (RBC) reporting, and other statutory filings as needed.
• Identify opportunities to improve accounting processes, reporting accuracy, and internal controls.
• Mentor and develop accounting staff while fostering a culture of continuous improvement and collaboration.
• Partner with finance leadership on special projects, system implementations, and process improvement initiatives.
• Ensuring that the financial activities of the organization take place as per schedule.
• Fosters a collaborative teamwork environment, positively influences others to achieve results that are in the best interest of the organization.
• Works to ensure compliance of company, federal, and state guidelines are maintained at all times.
• Actively supports and complies with all components of the compliance program, including, but not limited to, completion of training and reporting of suspected violations of law and Company policy.

• To work remotely, it is expected you will have a reliable, nonpublic high-speed internet connection with sufficient bandwidth to participate in all work-related activities. Any interruptions in service should be immediately reported to your manager.  
• Maintains confidentiality of all information; abides with HIPAA and PHI guidelines at all times.
• Reacts positively to change and performs other duties as assigned.

Qualifications

• Bachelor’s degree in Accounting or Finance required; CPA preferred.
• 5+ years of progressive accounting experience, including insurance accounting and statutory reporting.
• Strong knowledge of Statutory Accounting Principles (SAP) and NAIC reporting requirements.
• Experience preparing/reviewing statutory financial statements (Blue Book) required.
• Experience with investment accounting and financial reporting.
• Familiarity with actuarial reporting and reserve processes.
• Strong understanding of GAAP and the differences between GAAP and SAP reporting.
• Advanced Excel skills and experience with ERP and insurance administration systems.
• Excellent analytical, organizational, and communication skills.
• Demonstrated ability to manage multiple priorities while meeting regulatory deadlines.
• Customer driven focus, both internal and external.
• Ability to lift approximately (25) pounds unassisted using appropriate lifting techniques and/or devices.
• Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception and ability to adjust focus.
• While performing the duties of this job, the employee is regularly required to talk or listen.
• The employee is frequently required to use hands and fingers to handle, reach or feel and manipulate objects or controls.
• The employee is frequently required to sit or stand for long periods of time and walk distances, as well as stoop, bend, kneel, crouch and walk up and down stairs on a frequent basis. 
• A successful track record in setting priorities; keen analytic, organization and problem-solving skills which support and enable sound decision making.
• Excellent communication and relationship building skills with an ability to prioritize, negotiate, and work with a variety of internal and external stakeholders.
• Strong PC skills including proficiency in Excel and Word.
• Ability to work independently in a time sensitive environment.
• Ability to deal with confidential and sensitive material.
• Decision making, problem solving, and analytical skills.
• Organizational and prioritizing skills.
• Strong interpersonal and communication skills.
• Previous management experience.
• Ability to work collaboratively across departmental functions.
• Experience working within a health insurance, managed care, or other regulated insurance organization preferred.

• Experience with financial system implementations or process automation initiatives preferred.
• Prior leadership or supervisory experience preferred.

We will only employ those who are legally authorized to work in the United States. Any offer of employment is conditional upon the successful completion of a background investigation and drug screen.

We are an equal opportunity employer.