Staff Accountant

Core Specialty Insurance Holdings, Inc.; Cincinnati (OH); Hybrid; USD 55,000 - 75,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

401(k) with company match

Employee Assistance Plan

Health Savings Account

Flexible Spending Account

Wellness program

Job summary

Core Specialty Insurance Holdings, Inc. seeks a Staff Accountant to join the general accounting team. The role supports accruals, capitalized assets, cost center allocations, and related reporting in a hybrid work setting.

Primary duties include month-end close, reconciliations, and collaboration with FP&A and division presidents on DAC/NDAC calculations and spend analyses. Strong US GAAP knowledge and Excel proficiency are required.

Qualifications

• Bachelor’s degree in finance or accounting required.
• Insurance industry experience is a plus.
• Authorized to work in the United States without sponsorship.

Responsibilities

• Perform monthly, quarterly, and year-end close processes for the general accounting team
• Prepare monthly and quarterly account reconciliations for balance sheet accounts
• Assist in ensuring an effective control environment
• Collaborate with FP&A on BvA analysis for cost centers and spend categories
• Prepare DAC calculations and update assumptions with division presidents
• Prepare NDAC calculations and update assumptions with division presidents
• Record monthly and quarterly expense accruals with cost center owners and division presidents
• Assist with preparation of reports for state and regulatory filings and audits

Skills

Attention to detail

Team player

US GAAP knowledge

Advanced Excel

Education

Bachelor’s degree in accounting/finance

Tools

Excel

Pivot tables

Job description

The Staff Accountant will be a critical member of our general accounting team. They will be responsible for assisting with the maintenance of general accounting accruals and capitalized assets, as well as assisting with cost center, divisional, and legal entity allocations.

Position is open to a hybrid work environment.

Key Accountabilities/Deliverables:

• Perform monthly, quarterly, and year-end close processes for the general accounting team
• Prepare monthly and quarterly account reconciliation for balance sheet accounts
• Assist in ensuring we have an effective control environment
• Work with FP&A on monthly basis for BvA analysis for all cost centers and all spend categories
• Prepare DAC calculation, including working with the various division presidents on a periodic basis to update the assumptions that go into the DAC and calculation
• Prepare NDAC calculation, including working with the various division presidents on a basis to update the assumptions that go into the NDAC and calculation
• Work with the cost center owners and division presidents to identify and record monthly and quarterly expense accruals
• Assist with preparation of reports and statements for various state and regulatory filings
• Assis with internal and external audit requests
• In addition to key responsibilities, you may be required to undertake other duties from time to time as the company may reasonably require

Technical Knowledge and Understanding:

• Demonstrates strong attention to detail and organizational skills
• Ability to collaborate and work as part of a team
• Must have good working knowledge of US GAAP accounting
• Advanced Excel skills, including pivot tables

Experience:

• Bachelor’s degree in finance or accounting required
• Insurance experience is a plus

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over work authorization sponsorship now or in the future for this position.

At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program