Accountant III

AmTrust Financial Services Inc.; Southington (CT); Hybrid; USD 70,000 - 97,000; Full time

Benefits offered by this job

Medical & Dental Plans

Life Insurance

Health Care Flexible Spending

Dependent Care

401k Savings Plans

Paid Time Off

Job summary

AmTrust Financial Services Inc. is seeking a seasoned financial reporting professional to prepare quarterly and annual P&C statutory schedules and ensure data accuracy across statutory reports.

You will collaborate with Controllers, GAAP Reporting, Tax, and FP&A to uphold compliance and drive improvements. The role requires a Bachelor's degree in accounting/finance and 5+ years in financial reporting or analysis, preferably in insurance, with strong Excel and Oracle ERP skills.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• 5+ years of professional experience in financial reporting or financial analysis; insurance experience preferred.
• Advanced Excel skills; Oracle ERP experience preferred.
• Ability to analyze financial data and communicate findings clearly.

Responsibilities

• Prepare quarterly and annual P&C statutory statement schedules per statutory accounting principles.
• Ensure accuracy, completeness, and consistency of data in statutory schedules.
• Ensure compliance with NAIC and state regulatory reporting requirements.
• Prepare ad hoc journal entries and balance sheet reconciliations.
• Support internal and external audits with GAAP-to-statutory reconciliations.

Skills

Bachelor's degree

5+ years experience

Advanced Excel

Oracle ERP

Financial analysis

Strong communication

Time management

Organizational skills

Statutory reporting

Education

Bachelor's degree in Accounting/Finance

Tools

Excel

Oracle ERP

Job description

Responsibilities

• Prepare quarterly and annual P&C statutory statement schedules in accordance with statutory accounting principles, including coordinating with data providers and consolidating responses.
• Ensure the accuracy, completeness, and consistency of data reported in statutory schedules.
• Ensure compliance with NAIC and state insurance department regulatory reporting requirements, including researching requirements as needed.
• Prepare ad hoc journal entries as needed.
• Prepare technical balance sheet reconciliations; investigate and resolve differences in collaboration with the team.
• Prepare support and analysis for internal and external audit requests, including GAAP-to-statutory balance reconciliations and explanations for variances.
• Research management requests and communicate findings clearly and timely.
• Perform financial analyses, identify required corrective actions, and coordinate with responsible parties to record appropriate ledger and statement adjustments.
• Serve as a liaison with Corporate functions, including Controllers, GAAP Reporting, Management Reporting, Investments, Regulatory Reporting, Tax, Treasury, and FP&A.
• Evaluate and implement process improvements that support efficiency and automation, partnering with operational teams to develop practical solutions.
• Partner with team members to coordinate quarterly close processes.
• Develop, maintain, and improve accounting internal controls, policies, and procedures.
• Promote a continuous improvement mindset across reporting processes and team activities.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field.
• 5+ years of professional experience in financial reporting or financial analysis; insurance industry experience preferred.
• Strong accounting knowledge, with statutory reporting experience preferred.
• Advanced Microsoft Excel skills; experience with Oracle ERP preferred.
• Ability to analyze financial data, identify issues, and recommend solutions.
• Excellent communication and interpersonal skills, with the ability to collaborate across all levels of the organization.
• Demonstrated ability to manage multiple priorities while adapting to changing deadlines.
• Strong organizational skills and ability to work effectively under tight deadlines.

This job description is designed to provide a general overview of the requirements of the job and does not entail a comprehensive listing of all activities, duties, or responsibilities that will be required in this position. AmTrust has the right to revise this job description at any time.

The expected salary range for this role is $70,300- $97,000 annually.

Please note that the salary information shown above is a general guideline only. Salaries are based upon a wide range of factors considered in making the compensation decision, including, but not limited to, candidate skills, experience, education and training, the scope and responsibilities of the role, as well as market and business considerations

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What We Offer

AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.

AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, sexual orientation, culture, religion or disabilities.

AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.