Claims Financial Analyst: Loss Reserve & Reporting

C000 Old Republic National Title Insurance Company; Oak Knoll (MN); On-site; USD 80,000 - 90,000; Full time

Benefits offered by this job

Medical plans

Disability benefits

Paid time off

Holidays

401(k) match

Life insurance

Educational Assistance

Transportation plan

Employee Assistance Program

Fertility benefits

Job summary

Old Republic Title is seeking a Claims Accountant/Analyst to manage all claim-related accounting, including general ledger entries, reporting for loss rate evaluation, and reserve adequacy. The role involves maintaining the claims system, supporting SOX and external audits, and developing specialized claim reports.

Responsibilities include coordinating loss provisions, reconciliations, and maintaining statutorily filing and GAAP reporting, while collaborating with Corporate Legal and IS to

Qualifications

• Bachelor's degree or at least three years' accounting or finance experience.
• Strong problem solving and analytical skills with attention to detail.
• Ability to collaborate across all levels and meet deadlines.
• Proficiency in Windows and Microsoft Office, especially Excel.

Responsibilities

• Coordinate daily and monthly claim-related accounting including accruals and reserve adjustments.
• Maintain the internet-based claims system and reconcile with the general ledger.
• Prepare quarterly and annual statutory filings and GAAP reports.
• Develop specialized claim reports as needed for management.
• Evaluate loss reserve adequacy by preparing loss models and analyses.
• Analyze loss experience and establish loss provision rates by company and state.
• Assist IS with claims system modifications and reporting verifications.
• Support SOX and external audit requests and other accounting projects.

Skills

Problem solving

Collaboration

Attention to detail

Time management

Education

Bachelor's degree in business/ accounting/ finance

Tools

Excel

Windows

Job description

Old Republic Title is seeking a Claims Accountant/Analyst to manage all claim-related accounting, including general ledger entries, reporting for loss rate evaluation, and reserve adequacy. The role involves maintaining the claims system, supporting SOX and external audits, and developing specialized claim reports.

Responsibilities include coordinating loss provisions, reconciliations, and maintaining statutorily filing and GAAP reporting, while collaborating with Corporate Legal and IS to