Senior Accountant- P&C Insurance exp.

Confidential; United States; On-site; USD 80,000 - 100,000; Full time

Job summary

A Property & Casualty insurance firm seeks a Senior Accountant responsible for ensuring accurate financial reporting under GAAP and statutory accounting principles. Key tasks include preparing financial statements, maintaining compliance with regulations, and collaborating with auditors. The ideal candidate should be an expert in insurance accounting and proficient in both GAAP and SAP principles. This role offers a chance to impact financial accuracy in the insurance sector.

Qualifications

• Deep expertise in insurance accounting.
• Strong understanding of statutory insurance regulations.
• Proficiency in GAAP and SAP financial principles.

Responsibilities

• Prepare and analyze financial statements in compliance with GAAP and SAP.
• Ensure timely filing of statutory reports.
• Maintain knowledge of regulations affecting financial reporting.
• Reconcile differences between GAAP and statutory reporting.

Skills

Insurance accounting expert

Knowledge of statutory insurance regulations

Proficient in GAAP

Proficient in SAP financial principles

Job description

Overview

The Senior Accountant is responsible for ensuring accurate and timely financial reporting under both GAAP and statutory accounting principles (SAP) for a Property & Casualty (P&C) insurance company. This role involves financial statement preparation, regulatory reporting, general ledger management, and collaboration with auditors and regulatory agencies. The ideal candidate has deep expertise in insurance accounting, a strong understanding of statutory insurance regulations, and proficiency in GAAP and SAP financial principles.

Key Responsibilities

• Prepare and analyze monthly, quarterly, and annual financial statements in compliance with GAAP and statutory accounting principles (SAP).
• Ensure timely filing of statutory reports, including NAIC annual and quarterly statements and other regulatory filings.
• Maintain up-to-date knowledge of FASB, NAIC, and state insurance department regulations affecting financial reporting.
• Reconcile differences between GAAP and statutory financial reporting and prepare necessary adjustments.

Qualifications

The ideal candidate has deep expertise in insurance accounting, a strong understanding of statutory insurance regulations, and proficiency in GAAP and SAP financial principles.