Senior Insurance Accountant (STAT & GAAP)

Impact Staffing and Consulting•Clearwater, FL

12d•Onsite

About The Position

The Senior Insurance Accountant applies principles of both Statutory (STAT) and GAAP accounting to prepare financial reports, complete regulatory filings, and analyze financial information within the Accident & Health (A&H) insurance line of business.

Requirements

Minimum 4 years of accounting experience.
Minimum 2 years of insurance industry experience.
Minimum 2 years of statutory (STAT/SAP) accounting experience.
Minimum 4 years of GAAP accounting experience.
Bachelor’s degree in Accounting required.
STAT reporting experience.
GAAP accounting proficiency.
Accident & Health (A&H) insurance knowledge.
Advanced Excel (pivot tables, VLOOKUPs).
Strong organizational and interpersonal skills.
Excellent written and verbal communication abilities.
Ability to work independently and meet deadlines.
Detail-oriented and strong multitasking capabilities.

Nice To Haves

LOMA or other insurance industry designation preferred.
Experience with insurance financial systems (Oasis, Clearwater, premium tax software).
Experience with QuickBooks.

Responsibilities

Compile and analyze financial information to prepare entries to general ledger and related accounts.
Prepare NAIC quarterly and annual statutory filings.
Prepare reinsurance settlement statements.
Calculate and file quarterly premium tax returns for licensed states.
Perform variance and ratio analyses and present findings to management.
Prepare balance sheets, profit/loss statements, and additional financial reporting summaries.
Execute statistical analyses to identify trends and significant changes.
Complete detailed reconciliations of cash and intercompany loan accounts.
Determine cash requirements for Single Business Units (SBUs).
Conduct bank reconciliations and set up ACH payments.
Audit contracts, orders, and vouchers to substantiate financial transactions.
Ensure compliance with GAAP, STAT/SAP, and company policies.
Investigate and correct inconsistencies or errors in financial entries and reports.
Implement and document accounting systems, controls, and procedures.
Recommend and execute process improvements and automation opportunities.
Create and maintain pro formas to support pricing and profitability analysis.
Prepare federal, state, and local reports and tax filings.
Maintain confidentiality of sensitive information.
Adhere to organizational policies, mission, and attendance standards.
Perform other duties as assigned.