Onsite Senior Insurance Accountant

head\-huntress.com•Clearwater, FL

2d•$91,000 - $120,000•Onsite

About The Position

We are looking for an experienced accounting professiona<u>l with a strong background in the insurance industry, specifically within Accident & Health (A&H)<b>. The role requires proficiency in both STAT and GAAP reporting</b>. This role centers on accounting functions within Accident & Health Insurance, which operates under NAIC regulatory guidelines. Responsibilities include preparing monthly close activities as well as quarterly and annual statutory filings.The Senior Insurance Accountant</b> is responsible for applying statutory and GAAP accounting principles to produce accurate financial statements, support reporting requirements, and evaluate financial data.

Requirements

Solid hands-on experience with both STAT and GAAP accounting standards.
Prior work within the Accident & Health insurance sector is strongly preferred.
Bachelorâs degree in Accounting required.
Strong organizational abilities and effective interpersonal skills.
Excellent written and verbal communication.
High attention to detail.
Capable of managing multiple priorities independently.
Deadline-focused and task-driven.
At least four years of professional accounting experience.
Minimum two years in the insurance industry, preferably in Accident & Health.
At least two years of experience working with statutory accounting.
A minimum of four years of GAAP accounting experience.
Advanced proficiency in Microsoft Excel.
Experience with QuickBooks is preferred.

Nice To Haves

Insurance designations such as LOMA or similar credentials are a plus.

Responsibilities

Review and interpret financial data to create journal entries and maintain general ledger activity.
Document and track financial transactions in accordance with regulatory and company standards.
Demonstrates a deep understanding of earned, assumed, and ceded premiums and accurately reflects these items within financial statements.
Prepares quarterly and annual statutory filings required by the NAIC.
Produces reinsurance settlement statements and supports related reconciliations.
Calculates and submits quarterly premium tax payments for all states in which the company maintains licensure.
Allocates expenses, commitments, receipts, and receivables based on established timelines and internal schedules.
Performs statistical and trend analyses, identifying key shifts or variances and preparing written summaries of findings.
Conducts ratio and variance analyses and presents financial insights to senior leadership.
Completes detailed reconciliations of bank accounts and intercompany loan balances, ensuring all entries align across systems.
Assesses cash flow needs for individual business units and completes bank reconciliations, including ACH setup for outgoing payments.
Evaluates financial data related to assets, liabilities, equity, and operating results, and prepares financial statements and management reports that capture current and projected performance.
Reviews contracts, purchase orders, and vouchers to validate transactions prior to final processing.
Approves financial transactions within established authority levels and ensures proper accounting treatment.
Ensures ongoing adherence to GAAP, Statutory Accounting Principles (SAP), and internal financial controls.
Investigates discrepancies in financial documentation or reporting and resolves errors.
Assists with implementation, enhancement, and documentation of accounting systems and internal control processes.
Creates and streamlines general accounting procedures, identifying opportunities to automate and improve accuracy and efficiency.
Develops and updates financial pro formas for existing and potential contracts to support pricing and profitability analysis.
Provides recommendations on accounting treatment for reserves, asset management, and expenditures.
Conducts operational reviews and proposes improvements to enhance overall accounting function performance.
Gathers data and prepares required tax filings and regulatory reports at the federal, state, and local levels.