Accountant III

AmTrust Financial Services, Inc.•Southington, CT

5d•$70,300 - $97,000

About The Position

This role is responsible for preparing quarterly and annual P&C statutory statement schedules in accordance with statutory accounting principles. This includes coordinating with data providers and consolidating responses to ensure accuracy, completeness, and consistency of reported data. The position also ensures compliance with NAIC and state insurance department regulatory reporting requirements, researches requirements as needed, and prepares ad hoc journal entries. Additionally, the role involves preparing technical balance sheet reconciliations, investigating and resolving differences, and preparing support and analysis for internal and external audit requests, including GAAP-to-statutory balance reconciliations and explanations for variances. The Accountant III will also perform financial analyses, identify required corrective actions, and coordinate with responsible parties to record appropriate ledger and statement adjustments. This role serves as a liaison with various Corporate functions and partners with team members to coordinate quarterly close processes. A key aspect of the role is to evaluate and implement process improvements that support efficiency and automation, and to develop, maintain, and improve accounting internal controls, policies, and procedures, promoting a continuous improvement mindset across reporting processes and team activities.

Requirements

Bachelor’s degree in Accounting, Finance, or a related field.
5+ years of professional experience in financial reporting or financial analysis; insurance industry experience preferred.
Strong accounting knowledge, with statutory reporting experience preferred.
Advanced Microsoft Excel skills; experience with Oracle ERP preferred.
Ability to analyze financial data, identify issues, and recommend solutions.
Excellent communication and interpersonal skills, with the ability to collaborate across all levels of the organization.
Demonstrated ability to manage multiple priorities while adapting to changing deadlines.
Strong organizational skills and ability to work effectively under tight deadlines.

Nice To Haves

insurance industry experience preferred
statutory reporting experience preferred
experience with Oracle ERP preferred

Responsibilities

Prepare quarterly and annual P&C statutory statement schedules in accordance with statutory accounting principles, including coordinating with data providers and consolidating responses.
Ensure the accuracy, completeness, and consistency of data reported in statutory schedules.
Ensure compliance with NAIC and state insurance department regulatory reporting requirements, including researching requirements as needed.
Prepare ad hoc journal entries as needed.
Prepare technical balance sheet reconciliations; investigate and resolve differences in collaboration with the team.
Prepare support and analysis for internal and external audit requests, including GAAP-to-statutory balance reconciliations and explanations for variances.
Research management requests and communicate findings clearly and timely.
Perform financial analyses, identify required corrective actions, and coordinate with responsible parties to record appropriate ledger and statement adjustments.
Serve as a liaison with Corporate functions, including Controllers, GAAP Reporting, Management Reporting, Investments, Regulatory Reporting, Tax, Treasury, and FP&A.
Evaluate and implement process improvements that support efficiency and automation, partnering with operational teams to develop practical solutions.
Partner with team members to coordinate quarterly close processes.
Develop, maintain, and improve accounting internal controls, policies, and procedures.
Promote a continuous improvement mindset across reporting processes and team activities.