Senior Accountant

Old Republic Professional Liability, Inc.

Chicago (IL)

Hybrid

USD 73,000 - 100,000

Full time

14 days+

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Benefits offered by this job

BCBS medical

401(k) plan

PTO

Gym Network 360

Job summary

Old Republic Professional (ORPRO™) seeks a Senior Accountant to support financial reporting, accounting operations, and compliance. You will ensure accuracy of data, timely closes, and GAAP/STAT reporting while upholding internal controls and SOX requirements.

The role partners with leadership across the organization to drive improvements in processes and financial systems, delivering reliable financial information for strategic decisions and regulatory compliance.

Qualifications

Bachelor's degree in Accounting required.
Minimum of five (5) years of progressive accounting experience.
CPA designation preferred.

Responsibilities

Lead and support monthly, quarterly, and annual financial close activities across multiple entities.
Prepare, review, and analyze financial statements and management reports for regulatory reporting.
Ensure compliance with STAT, GAAP, SEC, NAIC, tax regulations and internal policies.

Skills

Advanced Excel

GAAP knowledge

STAT knowledge

SOX compliance

Financial reporting

Internal controls

Education

Bachelor's degree in Accounting

Tools

ERP systems

Financial reporting tools

Job description

Senior Accountant

Location: Downtown-Chicago, IL

Job Type: Full Time

Remote Work: Hybrid, Minimum 3 days in the office to promote collaboration and interaction with associates onsite.

Salary Range: $73,000 - $100,000

PositionOverview

The Senior Accountant is responsible for supporting the company's financial reporting, accounting operations, and compliance activities. This role plays a key part in ensuring the accuracy and integrity of financial data, the timely completion of close processes, and the delivery of critical financial reporting, including Statutory Accounting (STAT) and Generally Accepted Accounting Principles (GAAP) reporting. The Senior Accountant partners across the organization to support business objectives, maintain strong internal controls, ensure compliance with Sarbanes-Oxley (SOX) requirements, and drive continuous improvement of financial processes and systems. This position requires strong technical accounting expertise, sound business judgment, and a commitment to operational excellence in a dynamic and collaborative environment.

Essential Job Functions

Lead and support monthly, quarterly, and annual financial close activities, including the preparation, analysis, reconciliation, and consolidation of financial information across multiple entities.
Prepare, review, and analyze financial statements, management reports, projections, and ad hoc analyses to support business operations, strategic decision-making, and regulatory reporting requirements.
Ensure compliance with statutory accounting principles (STAT), Generally Accepted Accounting Principles (GAAP), SEC regulations, National Association of Insurance Commissioners (NAIC) requirements, tax regulations, and internal financial policies and procedures.
Maintain and strengthen internal controls and governance processes, including compliance with Sarbanes-Oxley (SOX) requirements and support of internal and external audit activities.
Research, analyze, and resolve complex accounting, financial reporting, and operational issues, providing recommendations and solutions to management.
Partner with accounting leadership and cross-functional teams to support organizational objectives, financial reporting needs, and effective business operations.
Drive continuous improvement initiatives by enhancing accounting processes, financial reporting structures, controls, and financial systems to improve efficiency and effectiveness.
Develop, document, and maintain accounting and finance processes, procedures, and workflows to ensure accuracy, consistency, and operational excellence.
Provide guidance, training, and mentorship to less experienced team members, fostering professional development and knowledge sharing within the department.
Maintain confidentiality of sensitive financial information, stay current on accounting and regulatory developments, and perform other duties as assigned.

Qualifications

Bachelor's degree in Accounting, required.
Minimum of five (5) years of progressive accounting experience required.
Advanced Microsoft Excel skills (Pivot tables, Lookups, Power Query, Let, Filter, etc.).
Certified Public Accountant (CPA) designation preferred.
Strong knowledge of U.S. Generally Accepted Accounting Principles (GAAP) required; knowledge of Statutory Accounting Principles (STAT) preferred.

Skills and Abilities

Advanced knowledge of Generally Accepted Accounting Principles (GAAP), Statutory Accounting Principles (STAT), Sarbanes-Oxley (SOX), SEC regulations, NAIC requirements, and applicable tax regulations, with the ability to interpret and apply accounting standards and regulatory requirements.
Strong expertise in financial reporting, financial statement preparation, consolidations, account reconciliations, and financial analysis, including the ability to identify trends, variances, risks, and opportunities and provide actionable recommendations.
Demonstrated analytical, problem-solving, and critical-thinking skills with the ability to research, evaluate, and resolve complex accounting and reporting issues while exercising sound judgment and independent decision-making.
Proficiency in ERP systems, financial reporting tools, Microsoft Excel, and Microsoft Word, with the ability to enhance systems, streamline processes, strengthen internal controls, and improve operational efficiency.
Excellent written, verbal, and interpersonal communication skills, with the ability to effectively collaborate and build partnerships with leadership, auditors, regulators, and cross-functional stakeholders.
Proven ability to manage multiple priorities, meet deadlines, and maintain a high level of accuracy in a fast-paced environment, while demonstrating leadership, accountability, ownership, and a commitment to mentoring and developing team members.

About Old Republic Professional (ORPRO™)

Old Republic Professional (ORPRO™), established in December 1983, is a subsidiary of Old Republic International Corporation (NYSE: ORI), one of the nation’s 50 largest shareholder‑owned insurance businesses and a member of the Fortune 500 listing of America’s largest companies. Old Republic Professional has provided Directors and Officers liability insurance and Lawyers Professional liability insurance for more than 40 years and now offers a wide array of management liability and professional liability products across an expanding national footprint in the U.S.

Culture

Work-life balance is highly valued; work culture is collaborative; colleagues are professional, passionate, open‑minded, and entrepreneurial. We offer competitive wages, a comprehensive benefits package, a friendly, team‑oriented environment, and we encourage and reward the professional growth of our employees.

BCBS medical
FSA/HSA accounts
long‑term disability
dental
vision
fertility and family building benefits
Employee Assistance Program
paid time off (PTO)
paid holidays
Paid Leave of Absence Benefits
401(k) Savings and Profit‑Sharing Plan
529 Education Savings Plan
Gym Network 360 membership savings on fitness, nutrition and wellness programs
pet insurance
an opportunity to give back through corporate philanthropy and community service initiatives

Equal Employment Opportunity

Old Republic Professional provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.