Senior Accountant RRG

LAMMICO•Metairie, LA

7d•$87,000 - $97,920•Onsite

About The Position

The Senior Accountant is responsible for accounting, financial reporting, budgeting, and regulatory filings for LAMMICO RRG, including journal entries, reconciliations, general ledger review, reserve analysis, investment accounting, quarterly and annual financial statements, and the annual budget. The role also oversees accounting functions and the annual budget for the Medical Interactive (MI) Community, and provides general supervision to accounting assistants. The position coordinates with investment advisors, accountants, actuarial consultants, auditors, reinsurance brokers, and state examiners. It supports regulatory compliance, audits, reinsurance accounting, internal controls, financial analysis, and accounting process improvements. The Senior Accountant reports directly to the VP of Finance & Controller.

Requirements

Bachelor’s degree in Accounting.
CPA required.
Four years of experience in accounting or auditing in the area of specialty.
Strong customer focus and team orientation.
Ability to appropriately handle confidential and sensitive company information.
Commitment to continuing industry and individual functional education.
Strong decision-making skills.
Excellent communication skills and ability to work effectively with employees at all organizational levels.
Ability to manage time, set priorities, work independently, and organize, analyze, and interpret information.
Proficiency with Microsoft Office programs.

Nice To Haves

Insurance industry experience.
One to two years of public accounting experience.
Experience with Workday and Adaptive.

Responsibilities

Prepare journal entries, reconciliations, general ledger reviews, financial reports, and regulatory filings for LAMMICO RRG.
Prepare quarterly and annual financial statements, work papers, Management’s Discussion & Analysis, and schedules for the LAMMICO RRG.
Prepare the annual budgets for the RRG and MI, review budget accounts prepared by other departments, and work with the Controller and CFO on budget analysis and presentation materials.
Coordinate with outside investment advisors and accountants on investment-related entries and supporting regulatory, statement, and audit work papers.
Prepare miscellaneous regulatory filings and reports for third-party agencies and complete insurance financial reports required for federal, state, and other regulatory compliance.
Conduct monthly and yearly variance analysis and prepare reconciliations, analyses, and graphs as needed.
Review subsidiary operating payables for appropriate account coding and prepare deductible billings.
Develop accounting procedures for LAMMICO RRG and MI and oversee their accounting functions.
Evaluate accounting work processes, systems, and procedures for workflow efficiency and conformity with accounting principles.
Coordinate with actuarial consultants by providing claim data and assisting with claim and reserve analysis for RRG financial reporting.
Work with the outside auditing firm on the RRG annual audit and with state examiners during the tri-annual state examination.
Prepare quarterly reinsurance entries and reconciliations, resolve reinsurance issues with the broker, maintain reinsurance treaties in software, and maintain reinsurance system software.
Update internal control memoranda used by outside auditors for RRG-related areas.
Provide general supervision to accounting assistants.
Train VPs to use reporting software for quarterly budget-to-actual analysis and assist Senior Accountants with report-writing questions.
Monitor NILS InSource for state statute and insurance regulatory changes affecting financial filings.
Assist with testing operational systems used by the accounting department.
Attend Investment & Budget Committee and Audit Committee meetings as needed, staff meetings, and Finance Department committees as needed.
Complete other assigned responsibilities and special projects.