Senior Accountant

Insight Global; Purchase (NY); Hybrid; Full time

Job summary

An established industry player is seeking a skilled Sr Accountant specializing in statutory reporting. This role involves preparing quarterly and annual filings, managing financial reconciliations, and ensuring compliance with accounting standards. You will work closely with senior accountants and auditors, gaining valuable experience in a hybrid work environment. The ideal candidate will have a strong background in accounting, particularly within the insurance sector, and will be proactive in improving financial processes. This is a fantastic opportunity to grow your career in a dynamic and supportive atmosphere.

Qualifications

• 3+ years of professional experience in accounting.
• Strong knowledge of US GAAP and financial reporting.

Responsibilities

• Assist in preparation of statutory filings and financial statements.
• Support audit processes and ensure compliance with controls.

Skills

Accounting

Financial Reporting

US GAAP

Excel

Statutory Accounting Principles

Education

Bachelor's Degree in Accounting

Tools

Workiva/Wdesk

Clearwater

Job description

2 days ago Be among the first 25 applicants

This range is provided by Insight Global. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$40.00/yr - $55.00/yr

Professional Recruiter at Insight Global

MUST HAVES:

• Bachelors Degree – preferably in Accounting
• 3+ years of professional experience working within accounting
• Financial reporting knowledge/experience
• Knowledge of US GAAP
• Experience with journal entries/general ledger
• Statutory Accounting Principles (SAP) knowledge

PLUSSES:

• Commercial Insurance/Reinsurance experience (preferably specific to Property & Casualty)
• Experience working with business underwriting activities, such as Bordereau recording, managing TPA’s/MGA’s, technical accounting, cash application, etc.
• Statutory Accounting Policies & Procedures experience
• Workiva/Wdesk experience (or any cloud-based regulatory reporting platform)

DAY TO DAY:

• A commercial insurance/reinsurance provider in the Purchase, NY area is looking for a Sr Accountant within Statutory Reporting. This individual will be working from their Purchase, NY location and will need to come 5 days a week while training, but will eventually move to a hybrid model. This candidate will be working under a CPA and learning about this company's statutory filing process. Candidates need to have strong backgrounds within Accounting/Excel, and will preferably have previous insurance knowledge/experience. The duties and responsibilities include:
• Assist in the preparation of quarterly and annual statutory filings, including journal entry preparation, statutory financial statements, underwriting exhibits and schedules, financial accounting supporting schedules, and footnote disclosures.
• Prepare the reconciliation between IFRS/US GAAP to Statutory basis of accounting.
• Prepare investment reconciliations between General Ledger and Investment Accounting provider, Clearwater, and review all investment schedules and prepare footnote disclosures.
• Support the statutory financial statement audit process and liaison with internal and external auditors. Ensure compliance with internal controls over statutory reporting.
• Respond to department of insurance inquiries and state exam requests.
• Assist with analysis and draft commentary for quarterly balance sheet and income statement analytics.
• Work closely with senior team members on accounting issues.
• Stay up to date on current and pending changes to statutory accounting guidance and financial reporting requirements.
• Liaise with internal finance teams to gather and prepare quarterly and annual statutory filings for large reinsurance company.
• Evaluate current financial and accounting processes, propose, and implement improvements.
• Assess technical accounting issues related to statutory accounting regulations for appropriate financial treatment.
• Actively participate and/or lead AD Hoc Projects, including process improvements, accounting policy, and procedures documentation.
• Assist with internal/external audit requests and maintain controls documentation.

Seniority level

Mid-Senior level

Employment type

Contract

Job function

Accounting/Auditing

Industries

Accounting and Insurance