Senior Statutory Reporting Lead – Insurance Regulation

C1400 Stewart Title Guaranty Company - United States; Houston (TX); On-site; USD 90,000 - 140,000; Full time

Benefits offered by this job

Health insurance

401(k) with company match

Employee stock purchase program

Paid time off

Employee discounts

Job summary

Stewart Title Guaranty Company is seeking a statutory reporting professional to join its Corporate Reporting team. The role focuses on preparing quarterly and annual statutory financial statements and regulatory filings for title insurance subsidiaries in accordance with SAP, NAIC guidance, and state regulations.

You will collaborate with actuaries, auditors, and finance leadership, handling policy loss reserve accounting, investments, reinsurance, and financial analysis while supporting SOX

Qualifications

• Bachelor’s degree in relevant field preferred.
• Experience preparing quarterly and annual statutory financial statements.
• Advanced Excel skills.
• Ability to research and interpret complex regulatory and accounting guidance and communicate conclusions effectively to management and external stakeholders.
• Excellent analytical, communication, and project management abilities.
• Knowledge of internal controls and SOX compliance.

Responsibilities

• Prepare complex quarterly and annual statutory financial statements for Stewart's regulated title insurance companies with respective state department of Insurance.
• Assist in ensuring compliance with SAP, NAIC reporting requirements, and applicable state insurance regulations.
• Prepare statutory schedules, exhibits, footnote disclosures, interrogatories, and supporting schedules.
• Coordinate and manage statutory reporting deadlines to ensure timely filings with insurance regulators.
• Coordinate annual statutory audits and state insurance examinations.
• Coordinate with External Actuaries for midyear and annual review of STG, including preparation/review of all data and required schedules.
• Prepare journal entries, reconciliations, and supporting documentation impacting statutory financial statements, as applicable.
• Prepare statutory surplus analyses, reserve reporting, forecasts, capital reporting, and other regulatory financial analyses.
• Prepare periodic policy loss reserve calculations and schedules for the main underwriter subsidiary (STG) on both GAAP and SAP basis.
• Prepare or assist in monthly investment accounting and recording of income and trading activity, including monthly custodial account reconciliations.
• Prepare monthly reinsurance accounting and reconciliations.
• Monitor changes in statutory accounting guidance, NAIC pronouncements, and state regulatory requirements, evaluating their impact on the Company.
• Collaborate with Corporate Reporting and Operations Accounting teams to ensure accurate reconciliation between GAAP financial reporting and statutory financial reporting.
• Research, document, and communicate complex statutory accounting conclusions, including preparation of technical accounting memoranda and presentations to executive leadership, auditors, and regulators.
• Support internal controls over financial reporting and maintain documentation supporting SOX and regulatory compliance.
• Partner with Finance and Accounting leadership to improve statutory reporting processes through automation, documentation, and continuous improvement initiatives.
• Perform special projects as assigned by Finance and Accounting leadership.

Skills

Advanced Excel

Analytical skills

Communication skills

Project management

Education

Bachelor’s degree

Job description

Stewart Title Guaranty Company is seeking a statutory reporting professional to join its Corporate Reporting team. The role focuses on preparing quarterly and annual statutory financial statements and regulatory filings for title insurance subsidiaries in accordance with SAP, NAIC guidance, and state regulations.

You will collaborate with actuaries, auditors, and finance leadership, handling policy loss reserve accounting, investments, reinsurance, and financial analysis while supporting SOX