Senior Accountant - Self-Insurance & Financials (Remote)

USI Insurance Services; Burlington (MA); Remote; USD 90,000 - 130,000; Full time

Benefits offered by this job

Competitive pay

Incentives

Benefits package

Job summary

USI Insurance Services is seeking an experienced accounting professional to manage all accounting functions for self-insurance groups, including cash flow, budgeting, and dividends calculations. You will prepare quarterly and annual financial statements and coordinate audits and tax filings.

The role requires a 4-year degree and 5–10 years of accounting experience, with strong Excel skills and familiarity with insurance regulations.

Qualifications

• 4-year accounting degree or equivalent combination of education and work experience required.
• 5 to 10 years accounting experience required.
• Proficient in MS Office Suite of products.
• Understanding of insurance and workers compensation related legal and regulatory guidelines.
• Highly organized, with ability to manage work involving large client volume.
• Excellent communication skills, both verbal and written.
• Ability to work well in a team environment.
• Ability to take the lead on projects.
• Must have a capacity for analytical thinking.
• Strong problem-solving skills.
• Ability to adapt and multi task to meet deadlines.

Responsibilities

• Perform and maintain all accounting functions and records for self insurance groups, including cash receipts, cash disbursements, premium collection, budgeting, cash flow analysis and bank and investment reconciliations.
• Prepare financial statements (compared to prior year and compared to budget) and present them at the Quarterly/Annual Board Meetings.
• Prepare an annual budget.
• Calculate/recalculate dividends each year as of December 31 st audited data.
• Work with investment managers; prepare cash flows.
• Coordinate and Prepare Data for the Tax Filings.
• Work with and coordinate, on behalf of the SIG's, with the SIG's actuary in preparing the annual Loss Reserve Study; and as needed and/or required, a Rate Study Analysis.
• Work with and coordinate, on behalf of the SIG's, with an independent accountant, on the yearly audit and tax filings.
• Work with and maintain a relationship with the state insurance departments in regards to the annual approval of the release of dividends, funding of the trust's security, and coordination of the trust's annual meeting.
• Any other reporting, audits, projects, etc. in order to comply with all state and federal requirements.

Skills

Analytical thinking

Problem-solving

Leadership on projects

Communication skills

Multi-tasking

Team collaboration

Education

4-year accounting degree

Equivalent education/experience

Tools

MS Office Suite

Job description

USI Insurance Services is seeking an experienced accounting professional to manage all accounting functions for self-insurance groups, including cash flow, budgeting, and dividends calculations. You will prepare quarterly and annual financial statements and coordinate audits and tax filings.

The role requires a 4-year degree and 5–10 years of accounting experience, with strong Excel skills and familiarity with insurance regulations.