Accounting Analyst

Penn Mutual•Philadelphia, PA

15d•$68,000 - $80,000•Hybrid

About The Position

The Accounting Analyst will perform finance functions including, but not limited to accounting, financial reporting, or analysis with moderate instruction or guidance. In this role, you will utilize general accounting and financial principles and techniques to support various activities within and outside of financial management covering moderately difficult assignments with diverse scope. We’ve embraced a flexible, hybrid approach to work. Based on your role and personal preference, we empower you to choose where you work best. This model allows you to balance your life and bring your whole self to work.

Requirements

Strong data analysis skills including the ability to work with pivot tables, advanced formulas and modeling
Ability to effectively communicate and present information (written and verbal) clearly, consistently and accurately
Strong critical thinking and problem solving skills
Must be detail-oriented and be able to handle multiple tasks/projects as well as exercise initiative and follow-through to meet deadlines
Ability to work collaboratively in a team environment
Ability to make a positive contribution as demonstrated by learning new skills and making suggestions for process/procedure improvement
Ability to work with others in a collaborative team environment
Bachelor's Degree in accounting or finance; or equivalent master’s degree
2-5 years of related experience
Experience working in the life insurance industry

Nice To Haves

CPA designation is Preferred

Responsibilities

Prepares journal vouchers and accounting classifications, and complete associated account reconciliations
Participates in processes to ensure accuracy and completeness of financial records
Prepares and analyzes internal and external ad hoc financial requests
Interprets financial data and/or results for users and may offer recommendations to management
Supports internal and external audit requests
Provides information to support Management, Regulatory, and GAAP reporting
Keeps apprised of the changing accounting and regulatory landscape through research of technical guidance; assists in documenting and informing management of potential impacts
Documents business processes and identify controls and deficiencies in business processes
Identifies, recommends and implements ongoing process improvements
Applies accounting knowledge to complete: ◦ Quarterly accruals for insurance companies ◦ Intercompany accounting and reconciliations between Penn Mutual and affiliates ◦ Statutory and GAAP consolidation
Completes regulatory financial filings on a quarterly basis
Completes annual filings, including “Blue Books” and regulatory filings
Completes state filings as required throughout the year
Oversees the maintenance of comprehensive checklists encompassing all insurance entities for various filing requirements
Participates on project teams
Complies with all company and site policies and procedures
Remains current in profession and industry trends
Successfully completes regulatory and job training requirements
Performs various other related duties, assignments and special projects as assigned
Demonstrates a commitment to AI fluency by embracing AI tools and technologies to enhance individual and team performance, decision-making, and innovation