Job Title:        Statutory Accounting Analyst (Investment/Banking Team)

Department:    Accounting – THIM/Statutory

FLSA Status:   Exempt

SUMMARY

This is a professional accounting position requiring knowledge of generally accepted accounting principles and financial reporting. Statutory accounting and/or regulatory reporting experience is a plus. The ideal candidate will possess strong organizational skills and exceptional attention to detail. Advanced excel skills and querying/data mining skills are preferred.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

Prepare, analyze and evaluate statutory accounting data and reports, including preparation of Excel worksheets for various analysis purposes.

Responsible for the monthly close process, reconciling carrier data to the system and verifying system reports are accurate.

Responsible for monthly financial reporting (both STAT and GAAP) and review of monthly financial reports.

Responsible for completion of monthly corporate and federal tax accruals as well as related regulatory filings and disclosures. Additionally, responsible for Premium Tax entries and filings.

Responsible for completion and filing of various regulatory reports in multiple states including unclaimed property.

Responsible for download and preparation/posting of monthly investment entries as well as the reconciliation of investment bank accounts.

Reconciliation and analysis of General Ledger accounts, bank accounts, and journal entry preparation and posting required. Work with systems on automating entries and reconciliations, then monitor and maintain automated processes.

Involved in PWC and carrier audits.

Supports all Accounting functions.

SUPERVISORY RESPONSIBILITIES

This job has no supervisory responsibilities.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE

Bachelor's degree (B. A.) from accredited college or university; and five plus years related experience and/or training; or equivalent combination of education and experience.

ADDITIONAL SKILLS

Strong computer skills and solid working knowledge of Excel required. Advanced Excel skills are highly desirable, including working with IF functions, Pivot tables and other advanced functions.  High level of organization and attention to detail, strong analytical skills.  Data mining/query skills.

LANGUAGE SKILLS

Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or other departments. Ability to effectively present information to management.

MATHEMATICAL SKILLS

Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.

REASONING ABILITY

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables. Ability to research, interpret, and make decisions based on data is required.

CERTIFICATES, LICENSES, REGISTRATIONS

None required.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; and reach with hands and arms. The employee is occasionally required to stand; walk; stoop, kneel, crouch, or crawl; and talk or hear. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, and ability to adjust focus.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.

TOWER HILL’S TOTAL COMPENSATION PACKAGE INCLUDES:

Competitive starting salary

Annual merit reviews and bonus potential

Medical, Dental, Life and Disability Insurance, and Flexible Spending Accounts

Matching 401(k) Plan

Paid PTO and holidays

Business casual dress, and more

For more information about our company, careers and Total Compensation, visit www.thig.com/careers

Tower Hill Insurance Group, LLC is an equal opportunity employer

 

OUR COMPANY

No matter the square footage, your home is your castle. At Tower Hill we’re in the business of protecting castles. We provide the insurance protection you need and the peace of mind you want.

Founded more than 40 years ago, today Tower Hill is Florida’s largest homeowners insurer. Our company is financially strong and solid. We’ve weathered every storm and natural disaster in the state since 1972, and helped our customers rebuild after each one.

Like you, we love Florida. We enjoy the sun when it’s shining, appreciate mild winters, watch out for lightning, and build hurricane kits every summer. And like you, our homes are our castles. Sometimes the unexpected happens — or even the unthinkable — and we understand what that feels like, too. That’s why our 400 employees are committed to being there when you need us all year long, not just during storm season.

Your home is where you and your family should feel safe and protected. You can be confident that if the unthinkable happens, Tower Hill will be there to help you rebuild. When your home truly feels like your castle again to you, we know we’ve succeeded as your insurance company. Although we have grown in size over the last four decades, we remain committed to the promises we made when our company was founded.