Statutory Accountant

California Casualty Management Company
$64,813 - $106,995

About The Position

Do More… Surrounded by the giants of the property and casualty insurance industry, California Casualty has stood in stark contrast to its competitors for close to eleven decades. With a mission to protect the individuals that serve our communities, and a tight-knit culture stemming from its family ownership, working for California Casualty provides caring and skilled individuals with the opportunity to put down roots and leave work knowing they’ve done more for those who do so much. Owned and operated by the Brown family since 1914, California Casualty writes personal lines home and auto insurance for firefighters, educators, law enforcement, and nurses. In addition to its customer first focus, California Casualty also provides its group-member with unique policy features and affinity-based pricing. In line with the mission and values mentioned above, California Casualty is currently looking to add to its existing team with a new Accountant II and we hope that might be you! We are seeking a Statutory Accountant to support statutory and regulatory accounting within an insurance environment. This role requires a strong understanding of general ledger accounting, statutory accounting principles (SAP), and regulatory reporting, with a focus on accuracy, compliance, and collaboration across teams. Training and support are provided for general ledger and statutory processes.

Requirements

  • 3-5 years’ experience in accounting including statutory accounting.
  • Understanding of accounting principles and their application.
  • Statutory Accounting
  • Statutory Statements
  • Knowledge and experience in the insurance industry.
  • BA/BS Accounting or equivalent work experience.

Nice To Haves

  • Preferred knowledge of general ledger maintenance, including opening and closing of the general ledger, interface balancing, invoice coding and running allocations.

Responsibilities

  • Reconciliations/Reporting: Prepares monthly and quarterly reconciliations and reports. Reconciles financial discrepancies by collecting and analyzing account information. Completes quarterly/annual regulatory filings. Analyzes issues and works with senior accountants to determine solutions. Makes recommendations on process changes. Reviews reconciliations of peer accountants.
  • General Ledger: Maintains and reconciles the general ledger by validating data accuracy, ensuring all required fields are populated and resolves discrepancies across accounts. Reviews, validates, and loads financial data; applies an understanding of chart‑of‑accounts structure, accounting principles, posting logic, and data dependencies and flows to prevent errors and to support accurate financial reporting. Participates in day‑to-day general ledger maintenance, including account setup, mapping, and data validation; identifies and corrects missing or misclassified entries to support timely and accurate close processes
  • Accounting/Compliance: Analyzes general ledger account balances; prepares journal entries and uploads to Oracle. Participates in the monthly financial statement close process. Ensures compliance with GAAP and Statutory Accounting Principles. Participates in the year-end audit. Applies understanding of insurance financials and general ledger for the reporting to the group.
  • Analysis/Research: Conducts analysis and research on assigned accounts and completes process reviews; makes recommendations to management.
  • Special Projects: Contributes to key projects, ensuring successful delivery and meeting business objectives. Interfaces with multiple departments to ensure that proper implementations adhere to established standards.
  • Other duties as required: Job may require fulfilling other incidental or related duties as assigned, assisting others, and performing duties of higher rated positions from time to time for developmental purposes.

Benefits

  • The company also offers a full range of medical, financial and other benefits, including eligibility for the company’s performance sharing plan and paid time off such as holidays, vacation, sick and personal holidays.
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