Statutory Accountant

Location
The Woodlands, Texas
Salary
Salary commensurate with experience
Posted
Jun 14, 2019
Closes
Aug 13, 2019
Category
Accounting
Job Type
Full Time

Reports To: Controller

Primary Function: Responsible for preparing quarterly and annual statements from underlying accounting records and specifically designed queries on a Statutory and GAAP basis. Able to apply skills to practically apply accounting, finance and reinsurance concepts and theories in preparing financial reports.

Essential Duties and Responsibilities:

  • Prepare quarterly and annual statements from accounting and underwriting reports on a statutory and GAAP basis. Analyze data in terms of prior results and expectations, as well as, reconcile data to outside sources and expected outcomes.
  • Review and analyze insurance system reports – review, investigate and research large and unusual items.
  • Initiate and prepare state regulatory filings, generating financial information through liaison with IT staff.
  • Perform financial analysis of premiums written, earned and loss experience and summarize in reports for senior management. Identify and communicate key indicators and trends to management.
  • Reconcile and analyze general ledger accounts determining necessary adjustments.
  • Calculate and prepare complex journal entries.
  • Own and be accountable for various analytical and reporting responsibilities that include the ability to work within accounting and other departments.

Qualifications, Education and/or Experience

  • Bachelor of Science/Bachelor of Arts degree in Finance or Accounting. CPA/MBA a plus.
  • Minimum 5-7 years Property and Casualty insurance accounting experience required.
  • Advanced Excel and spreadsheet skills.
  • Keen attention to detail, as well as, strong analytical and problem-solving skills.
  • Ability to be self-directed and adaptable in a quickly changing business environment.