Accounting Manager - Insurance

PSI•Los Angeles, CA

3d•$110,000 - $150,000

About The Position

The Accounting Manager is a people-management role responsible for U.S. GAAP accounting and reporting for property and casualty insurance operations, and statutory accounting and reporting as needed. The manager hires, coaches, and holds direct reports accountable; assigns and reviews work; and develops team members’ capabilities. The role partners with corporate accounting, insurance finance, and operations, and is accountable for the team’s implementation of new processes. It is critical to the growth of the insurance business. The manager oversees monthly, quarterly, and annual close activities for the insurance holding company and insurance carrier entities, ensuring work is completed accurately and on time. The role owns team output quality, establishes and maintains internal controls, trains direct reports on financial systems, manages key interfaces and handoffs, and leads system, process, and continuous-improvement initiatives.

Requirements

Insurance industry experience working with statutory accounting, GAAP, and the P&C insurance industry.
Familiarity with NAIC quarterly and annual statement content and preparation.
Experience with large-scale accounting systems.
Attention to detail in a fast-paced work environment and ability to adapt quickly to changing conditions to achieve results.
Strong analytical and problem-solving skills.

Nice To Haves

Advanced Excel expertise.

Responsibilities

Manage individual contributors through the monthly, quarterly, and annual close for insurance holding company and insurance carrier entities.
Plan the close, assign work, monitor progress, and remove blockers to ensure accurate and timely completion.
Set expectations for direct reports, review their work, provide direct feedback, and own the quality of the team’s output.
Establish, document, and own internal control procedures for accurate and timely financial reporting, and ensure the team follows them.
Review team members’ schedules for accuracy and compliance with accounting regulations before passing work upward.
Train direct reports on financial systems and manage key interfaces and handoffs the team depends on.
Recommend improvements to financial systems and related processes, lead implementation, and assign team owners.
Initiate and lead department projects and continuous-improvement work, including work outside the team’s day-to-day close; assign ownership and hold team members accountable.