Senior Accountant

The Friedkin Group•Houston, TX

About The Position

The Senior Accountant, Statutory Reporting, reports to the Director, Accounting & Reporting and owns statutory and financial compliance reporting for the GSFSGroup insurance entities while providing peer support to the broader accounting team. This hands-on role focuses on insurance statutory accounting principles (SAP), regulatory compliance, and financial reporting. The role ensures compliance with NAIC guidelines, coordinates quarterly and annual statutory filings, and works with auditors and regulators. The Senior Accountant leads statutory reporting and investment accounting, prepares monthly close entries under both US GAAP and SAP, analyzes financial data, reconciles US GAAP and SAP financials, and supports risk-based capital calculations. The position also maintains workpapers, collaborates with actuarial, tax, finance, and legal teams, supports audits and regulatory examinations, and identifies improvements to reporting processes and systems. Periodic travel may be required (10%). Candidates must be legally authorized to work in the United States at the time of hire without requiring employer sponsorship now or in the future.

Requirements

Bachelor's degree in accounting, finance, or a related field.
Strong working knowledge of statutory accounting principles, including SSAPs and NAIC financial statement reporting requirements.
Excellent proficiency in Microsoft Excel for financial analysis and reconciliations.
Hands-on approach with strong problem-solving and analytical skills.
Detail-oriented with a focus on accuracy and compliance.
Excellent communication skills for interacting with regulators, auditors, and internal teams.
Ability to manage multiple priorities in a fast-paced, deadline-driven environment.
Must be legally authorized to work in the United States at the time of hire and must not require employer sponsorship now or in the future.

Nice To Haves

5–7 years of experience preparing NAIC quarterly and annual statements for a property and casualty insurance company is strongly preferred.
Familiarity with insurance financial systems such as Microsoft Dynamics AX/Dynamics 365 or similar ERP systems.
Familiarity with statutory-specific software or applications such as Sovos Statutory Reporting, TriTech Premium Pro, and Clearwater Analytics, or similar systems.
Certified Public Accountant (CPA) preferred.

Responsibilities

Lead preparation and filing of quarterly and annual statutory financial statements in compliance with NAIC requirements and applicable state insurance regulations.
Ensure compliance with statutory accounting principles (SAP) and align financial reporting with regulatory requirements.
Perform investment accounting and prepare statutory investment reporting, including investment classifications, realized and unrealized gains and losses, investment income, and related statutory schedules.
Prepare Schedule P, Schedule F, and other NAIC-required schedules for regulatory filings.
Monitor changes to NAIC guidance and state-specific insurance regulations, evaluate their impact, and implement necessary accounting and reporting updates.
Coordinate responses to inquiries and information requests from state insurance departments, other regulatory bodies, and external auditors.
Provide peer support and subject-matter expertise to the broader accounting team on statutory reporting matters.
Review others’ work for accuracy in filings and compliance documentation.
Assist with training and knowledge sharing within finance and accounting teams to improve statutory compliance awareness.
Lead monthly close entries on US GAAP and SAP bases for the insurance entity, including investment accounting close entries using Clearwater Analytics.
Prepare and analyze financial data for statutory financial statements, footnotes, and disclosures.
Prepare reconciliations between US GAAP and SAP financials.
Work through risk-based capital calculations and other key regulatory financial metrics.
Maintain and update workpapers supporting financial reporting and audits.
Work with actuarial, tax, and finance teams to ensure completeness and accuracy of reserves, premium accounting, and investment disclosures.
Serve as a key contact for external auditors, regulators, and state examiners during financial audits and regulatory examinations.
Facilitate the annual audit of statutory financial statements and respond to auditor inquiries.
Assist with Management Discussion & Analysis (MD&A) and other regulatory reporting requirements.
Identify and implement efficiencies in statutory reporting processes to improve accuracy and reduce reporting cycle times.
Support automation efforts and improvements in statutory financial reporting systems.
Collaborate with finance, actuarial, and legal teams on strategic initiatives affecting statutory reporting.