Accounting Manager - Insurance

PSI; Salt Lake City (UT); On-site; USD 120,000 - 170,000; Full time

Benefits offered by this job

Health Care Plan

Retirement Plan

Life Insurance

Paid Time Off

Family Leave

Disability Insurance

Training & Development

Work From Home

Job summary

PSI in Salt Lake City seeks an Accounting Manager to lead the U.S. GAAP accounting and reporting for P&C insurance operations. This is a true people-manager role with responsibilities for hiring, coaching, and accountability of direct reports while partnering with corporate accounting and insurance finance.

The manager will drive monthly, quarterly, and annual closes, ensure internal controls, and continuously improve processes. This is a direct hire with full benefits and growth potential.

Qualifications

• Must have U.S. GAAP accounting experience for insurance operations.
• Experience with NAIC quarterly and annual statements.
• Advanced Excel proficiency.
• Ability to lead and coach a team.
• Detail-oriented in a fast-paced environment.

Responsibilities

• Manage monthly, quarterly, and annual close for the insurance holding company and insurance carrier entities.
• Set expectations for direct reports and provide feedback on output.
• Establish, document, and own internal control procedures for accurate reporting.
• Review team schedules for accuracy and regulatory compliance.
• Train direct reports on financial systems and manage interfaces and handoffs.
• Lead system and process improvement initiatives within the department.
• Initiate and lead projects and ensure ownership and accountability.

Skills

GAAP accounting

People management

Advanced Excel

NAIC statements

Analytical thinking

Tools

Large-scale accounting systems

Job description

We are seeking an Accounting Manager for our company in Salt Lake City. It is a direct hire role with full benefits. This is a true people-manager role. The Accounting Manager will hire, coach, and hold direct reports accountable while remaining responsible for U.S. GAAP accounting and reporting for P&C insurance operations, and for statutory accounting and reporting as needed. The manager will partner with corporate accounting and with insurance finance and operations, and will be accountable for how the team implements new processes. This role is critical to the growth of the insurance business.

The Accounting Manager will assign work to individuals on the team, review their output, and develop each person’s capability. The manager will also lead efforts to improve how the team works so assignments are completed accurately and in the fastest, most efficient way.

What You’ll Do

• Manage individual contributors through the monthly, quarterly, and annual close for the insurance holding company and insurance carrier entities. Plan the close, assign work, monitor progress, and clear blockers so the close is accurate and on time
• Set expectations for each direct report, review their work, and give direct feedback. Own the quality of the team’s output
• Establish, document, and own internal control procedures so financial reporting is accurate and on time. Make sure each person on the team follows those procedures
• Review each team member’s schedules for accuracy and for compliance with accounting regulations. Do not pass work up that the team has not already reviewed
• Train direct reports on the financial systems. Manage the key interfaces and handoffs the team depends on
• Recommend improvements to the financial systems and the processes around them. Lead implementation, and assign owners on the team
• Initiate and lead department projects and continuous improvement work, including projects that sit outside the team’s day-to-day close. Decide who on the team owns each piece and hold them to it

What You’ll Bring

• Insurance industry experience working with Statutory, GAAP and P&C insurance industry is required
• Familiarity with NAIC quarterly and annual statement content and preparation
• Advanced Excel expertise preferred
• Experience with large-scale accounting systems
• Must demonstrate attention to detail in a fast-paced work environment and the ability to adapt quickly to changing conditions to achieve results
• Strong analytical and problem-solving skills

• Health Care Plan (Medical, Dental & Vision)
• Retirement Plan (401k, IRA)
• Life Insurance (Basic, Voluntary & AD&D)
• Paid Time Off (Vacation, Sick & Public Holidays)
• Family Leave (Maternity, Paternity)
• Short Term & Long Term Disability
• Training & Development
• Work From Home