Senior Staff Accountant

HAI Group; Cheshire (CT); On-site; USD 80,000 - 110,000; Full time

Benefits offered by this job

Bonus program eligibility

401(k) with company match

Paid time off

Medical, vision and dental insurance

Life insurance

Job summary

HAI Group, a leading property-casualty insurer based in Cheshire, CT, seeks a Senior Staff Accountant to prepare balance sheets, P&L statements, and other financial reports. You will analyze trends, costs, and revenues, and advise on budgeting assumptions and tax strategies while coordinating with business partners across the enterprise.

The role requires on-site work in Cheshire, CT, with leadership responsibilities in the closing process and mentorship for junior staff.

Qualifications

• Bachelor’s degree in accounting, finance or related degree required.
• 5+ years of accounting experience required.
• Experience within property-casualty insurance and statutory accounting, strongly preferred.
• Strong experience with financial databases and Excel.

Responsibilities

• Make monthly accounting entries; support accounting team and review staff's work for completeness.
• Complete statutory/non-profit filings and stay current with financial and legal requirements.
• Perform specialized functions including investment accounting, membership accounting, and taxes (federal and state).
• Own the monthly financial statements and variance reports; provide leadership with overviews for senior leaders and partners.
• Meet reporting deadlines with accuracy through effective time management.
• Learn and apply accounting and audit management best practices.

Skills

Accounting experience

Insurance industry

GAAP/STAT

Excel proficiency

Regulatory knowledge

Education

Bachelor's degree in accounting/finance

Job description

The Senior Staff Accountant p repares balance sheets, profit and loss statements, and other financial reports. Responsibilities also include analyzing trends, costs, revenues, financial commitments, and obligations incurred to predict future revenues and expenses. They may offer suggestions about resource utilization, tax strategies, and assumptions underlying budget forecasts. The Senior Staff Accountant h as knowledge of commonly-used concepts, practices, and procedures within the insurance industry and relies on experience and judgment to plan and accomplish goals connecting business partners to financial concepts and regulations. The Senior Staff Accountant continually educates themselves about the enterprise and diverse internal businesses. They are considered a subject matter expert and may be expected to coach/mentor junior staff and provide leadership and oversight while taking the lead in the enterprise closing process.

Essential Functions

• Make monthly accounting entries; supports accountant team and review staff's work to ensure completeness.
• Complete statutory/non-profit filings and keep current with financial and legal requirements.
• Perform specialized functions including investment accounting, membership accounting (dividends and investment in subsidiaries), and taxes (federal and state).
• Own the monthly financial statements and variance reports; providing leadership with overviews upon request of senior financial leaders and enterprise business partners (e.g., financial flash reports, supplemental summary financial reports).
• Meets reporting deadlines with accuracy through effective time management
• Learns and utilizes accounting and audit management best practices

Job Requirements

• Bachelor’s degree in accounting, finance or related degree required
• 5+ years of accounting experience required
• Experience within property-casualty insurance and statutory accounting, strongly preferred.
• Strong experience with financial data bases and excel
• Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.
• Must be able to be on-site for two weeks for training upon hire in our Cheshire, CT office

Knowledge, Skills, Abilities

• Advanced knowledge of GAAP/STAT and other regulatory requirements
• Strong written and verbal communication skills
• Strong analytical problem-solving skills
• Strong time management skills with the ability to adapt and prioritize
• Ability to establish and maintain relationships with internal and external stakeholders

Work Environment and Physical Demands

• Inside climate-controlled office building
• Prolonged sitting and using a PC
• <10% Travel
• Ability to lift 25lbs

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Department Overview

The Finance Team aligns best practice financial concepts and intended outcomes to the benefit and regulation of the HAI Group enterprise, Board of Directors and Strategic Committee. The source of financial decisions, the Finance Team builds partnerships across the enterprise and are seen as value added business partners providing advice and counsel. It is a cohesive team that values honest and open communication. A shared services department, the team produces actions for the successful business outcomes with internal constituents and with banks, brokers and re-insurers using critical thinking and complex problem-solving techniques. Empowered to take time to make the right decision, the Finance Team is committed to open, honest communications to all business partners.

Company Overview

HAI Group [1] is the nation’s leading property-casualty insurance company founded by and dedicated to affordable housing organizations. While we are recognized as a pioneer of affordable housing insurance programs, insurance is not our only strength. We protect, preserve, and promote the sustainability of affordable housing with an array of products and services that support the challenges housing organizations face. HAI Group offers risk control and consulting services, professional development through the Housing Training Institute, and industry research and data through the Public and Affordable Housing Research Corporation. Headquartered in Cheshire, Connecticut, HAI Group has earned national and regional recognition for its workplace culture and employee experience. Visit our Careers page for a full list of HAI Group workplace awards and recognition.

Cultural Objective

HAI Group contributes to a culture that creates a safe and healthy working environment and a space of inclusiveness and belonging for all by: exceeding our customers’ expectations, working collaboratively across the organization, embracing diversity, and demonstrating mutual respect and empathy.

HAI Group Benefits and Perks

• Bonus program eligibility
• Annual merit increase program
• Outstanding 401(k) plan with match and additional non-elective company contributions
• Generous paid time off including paid volunteer days and holidays
• Medical, vision and dental Insurance
• Company paid life, AD&DD, short-term disability, and long-term disability coverage
• HSA, and Health and Dependent Care FSA options
• On-Site wellness: Full gym and locker rooms, private wellness room (featuring a massage chair, lounge area, vibration plate, and a refrigerator, with accommodations for use as a private lactation space), wellness initiatives, outdoor basketball and tennis/pickleball courts, walking trail, picnic pavilion area
• Tuition reimbursement and student loan repayment program
• Community Outreach

HAI Group is an Equal Opportunity Employer.

[1] HAI Group is a marketing name used to refer to insurers, a producer, and related service providers affiliated through a common mission, management, and governance. Property-casualty insurance and related services are written or provided by Housing Authority Risk Retention Group, Inc.; Housing Authority Property Insurance, A Mutual Company; Housing Enterprise Insurance Company, Inc.; Housing Specialty Insurance Company, Inc.; Innovative Housing Insurance Company Inc.; Housing Investment Group, Inc.; and Housing Insurance Services, Inc. (DBA Housing Insurance Agency Services, Inc. in NY and MI).

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As set forth in HAI Group’s Equal Employment Opportunity policy,we do not discriminate on the basis of any protected group status under any applicable law.

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