Accounting Manager - Insurance

PSI•Provo, UT

2d•$110,000 - $150,000

About The Position

The Accounting Manager is a people manager responsible for leading direct reports and overseeing U.S. GAAP accounting and reporting for property and casualty insurance operations, as well as statutory accounting and reporting as needed. The role partners with corporate accounting and insurance finance and operations and is accountable for how the team implements new processes. It is described as critical to the growth of the insurance business. The manager hires, coaches, and holds direct reports accountable; assigns and reviews their work; and develops their capabilities. The role leads improvements to team workflows to ensure assignments are completed accurately and efficiently. It oversees monthly, quarterly, and annual close activities for the insurance holding company and insurance carrier entities, as well as internal controls, financial systems, team interfaces, and department projects and continuous improvement work.

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.
Demonstrated 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 monthly, quarterly, and annual close for the insurance holding company and insurance carrier entities; plan the close, assign work, monitor progress, and clear 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 team members follow them.
Review team members’ schedules for accuracy and compliance with accounting regulations before work is passed up.
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 owners on the team.
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.
Hire, coach, and develop direct reports.