Senior Statutory Reporting Accountant

Palomar Specialty Insurance Company; California (MO); Remote; USD 92,000 - 140,000; Full time

Job summary

Palomar Specialty Insurance Company is seeking a Statutory Reporting Accountant to provide crucial support for financial reporting and audits. You'll collaborate with teams to ensure compliance and data integrity while enjoying a culture of diversity and inclusivity. This position offers a competitive salary and a robust benefits package.

Benefits

Full Suite of Medical Benefits

Long Term Financial Incentives (Equity)

401k (3.5% fully vested employer contributions)

Competitive PTO + Holiday Program

Hybrid Work Environment

Professional Development Assistance

Qualifications

• 4-7 years of related work experience.
• Statutory Reporting Experience highly preferred.
• Ability to work independently and collaboratively.

Responsibilities

• Prepare quarterly and annual statutory deliverables and reports.
• Complete monthly accounting close activities and account reconciliations.
• Support external auditor activities for statutory audits.

Skills

Attention to detail

Analytical thinking

Communication skills

Excel proficiency

Education

Bachelor's degree in Accounting

Job description

We are Hiring!

Statutory Reporting Accountant

Location: Remote or La Jolla, California

Why choose Palomar?

Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. Palomar welcomes thoughtful self-motivated individuals to our thriving company. Guided by an entrepreneurial spirit, Palomar is building a dynamic and diverse team.

Join a company built on a culture of agility, innovation and authenticity that delivers peace of mind and protection to individuals and businesses impacted by adversity.

Want to learn more about our exciting journey? Go to PLMR.com to learn more.

The Details:

The Senior Statutory Reporting Accountant reports to the Manager, Statutory Reporting Manager and is responsible for a variety of statutory accounting functions such as performing accurate and timely Monthly Journal Entry Preparation, General Ledger Account Reconciliation and Schedule Maintenance, support for Audits and Quarterly and Annual Statutory Reporting. This role will generate reports by pulling data from multiple systems, consolidating, and analyzing the data. Critical thinking and adherence to internal deadlines as well as state required deadlines is a must.

What will you do?:

• Assist in preparation of various statutory deliverables, including quarterly and annual statements, schedules and footnotes/disclosure schedules, supplementary filings to the states or the National Association of Insurance Commissioners (NAIC), and audited financial statements.
• Complete monthly accounting close related activities, including the preparation of journal entries and account reconciliations for premiums, losses, reinsurance and statutory adjustments
• Assist in preparation and filing of supplemental schedules and state and regulatory reporting forms
• Compile financial data from tax and investment teams to include in regulatory and statutory filings
• Support external auditor activities relating to statutory audits, including providing certain schedules and variance explanations and audited financial statements and related footnote disclosures thereto
• Assist Statutory Reporting Manager with tasks or projects.
• Research and analyze financial variances and report appropriate corrective action
• Standardize and document most efficient reconciliation processes
• Maintain accurate and organized electronic files with supporting documents
• Ensure data integrity by maintaining appropriate controls for audit verification
• Other duties as assigned or requested
• Strong research and analytical skills, able to multi-task.

What we are looking for:

• Bachelor’s degree in Accounting or equivalent preferred
• 4-7 years of related work experience
• Statutory Reporting Experience highly preferred
• Attention to detail, producing accurate and high-quality work
• Ability to multi-task, meet deadlines and be able to thrive in a fast-paced, high demand work environment
• Strong written and verbal communication skills
• Able to manipulate and create Excel spreadsheets; including standardizing reports and formulas to generate desired results (Intermediate to Advanced level Microsoft Excel 2007+ skills)
• Ability to comply with operating policies, procedures and rules is essential
• Able to use discretion and handle sensitive/confidential information
• Able to maintain regular and predictable attendance; the ability to work overtime as required
• Ability to maintain positive and cooperative communications and collaboration with all levels of employees, clients, and customers (60% independent work and 40% collaborative work)

We love people who want to:

• Build strong relationships through transparency, trust, and respect for each other.
• Work in an agile environment, with a resilient mindset to find creative solutions to challenges.
• Collaborate and celebrate diverse perspectives, promoting inclusivity and equality.
• Do the right thing with strong conviction and integrity.
• Be bold and innovative to help make an impact.
• Provide quality work on tight deadlines
• Demonstrable track record of working autonomously and driving progress

If you thrive in a dynamic environment, and like working with happy, authentic, talented people, you’ll enjoy a career with Palomar!

What will you get in return?

• Full Suite of Medical Benefits
• Long Term Financial Incentives in the form of Equity
• 401k with 3.5% automatic Fully Vested Employer Contributions
• Competitive PTO + Holiday Program
• Hybrid Work Environment
• Professional Development Assistance
• Lifestyle Spending Account
• Career Exploration Opportunities
• Regular company-wide social events (even virtually!)
• To learn more visit us at www.plmr.com

Diversity at Palomar

At Palomar, we are committed to diversity, equality and inclusion in all facets of the organization. We have built an open culture that celebrates the diversity of our workforce, while actively championing equality and inclusion practices that make us a company people want to work with and work for.

We believe that diversity, equality and inclusion yields greater organizational creativity and productivity, which helps us serve our customers and partners more effectively. Delivering on our diversity commitment returns greater value to our shareholders and ultimately makes a positive impact to the communities in which we do business and to the people who live in them.

Accommodations:

Palomar will consider reasonable accommodations to ensure a qualified applicant with a disability can be considered for the position. Palomar will also consider necessary modifications to the physical work environment, or to the way a job is usually performed, so an individual with a disability can perform the essential functions of the position. Additional accommodations will be considered that enable an employee with a disability to enjoy equal benefits and privileges of employment like those that are enjoyed by other employees without disabilities. For more information about our company, visit us at www.plmr.com. Palomar is an Equal Opportunity Employer.

No phone calls or agency solicitation please.

Pay Range: $92,500-$140,000

The above pay range is for all US-based roles based on function and level, benchmarked against companies of similar size and scope. To be compliant with local legislation as well as provide greater transparency to candidates, we disclose salary ranges on all job postings regardless of the desired job location. We also offer a competitive annual discretionary bonus program and the opportunity for annual long-term incentive stock grants. In addition, we offer a highly competitive benefits package. Final offer amounts are determined by multiple factors, including candidate experience and qualifications, and may vary from the amounts listed above.

CCPA Job Applicant:

#PalomarPride #Insurancejobs #hiring #startup #Accounting #StaffAccountant

APPLY NOW