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Director of Statutory Accounting and Reporting

Independence Pet Group · New York, United States · 4 days ago
HybridAccountingFull-time

About the role

Established in 2021, Independence Pet Holdings is a corporate holding company managing a diverse portfolio of pet health brands and services, including insurance, pet education, lost recovery services, and more throughout North America. We believe pet insurance is more than a financial product and build solutions to simplify the pet parenting journey and improve the well-being of pets. As a leading authority in the pet category, we operate with a full stack of resources, capital, and services to support pet parents.

Responsibilities

  • Direct the preparation, review, and timely submission of all statutory financial statements and regulatory filings, including: NAIC Quarterly and Annual Statements (Yellow Book), Risk-Based Capital (RBC) reports, state-specific supplements and interrogatories, Schedule P, and other P&C-specific schedules.

  • Interpret and apply Statutory Accounting Principles (SSAPs) and ensure compliance with NAIC and state insurance department regulations.

  • Lead research and implementation of new or revised SSAPs and regulatory guidance, with a focus on P&C-specific issues such as loss reserves, reinsurance, and unearned premium reserves.

  • Collaborate with MGA partners to ensure accurate, timely, and compliant financial data integration.

  • Serve as the primary liaison with state regulators, auditors, and examiners during financial exams and audits.

  • Develop and maintain robust internal controls over statutory reporting processes.

  • Lead and mentor a team of statutory accountants, guiding upward mobility and technical growth.

  • Partner cross-functionally with actuarial, underwriting, claims, and IT teams to ensure data integrity and alignment in financial reporting.

  • Regularly engage with senior leadership to clearly communicate the business impact of financial results, statutory accounting considerations, and evolving accounting rules, translating complex technical matters into actionable insights for executive decision-making.

  • Design, drive, and implement continuous improvement in reporting processes, systems, and automation, exploring new solutions to solve complex reporting challenges.

Qualifications

  • Bachelor’s degree in Accounting, Finance, or related field; CPA required.

  • Minimum of 10 years of progressive experience in statutory accounting and reporting within the P&C insurance industry.

  • Deep knowledge of SSAPs, NAIC reporting requirements, and P&C-specific regulatory frameworks.

  • Demonstrated experience managing MGA-related accounting and reporting.

  • Strong understanding of P&C insurance operations, including underwriting, claims, and reinsurance.

  • Proficiency with statutory reporting software (e.g., SAP, Workiva, Wings, Clearwater, or similar).

  • Excellent analytical, organizational, and communication skills.

  • Ability to communicate effectively with senior leadership, including translating financial results, statutory accounting matters, and accounting-rule changes into clear business implications and actionable recommendations.

  • Proven leadership and team development experience.

Preferred Qualifications

  • Master’s degree in Accounting, Finance, or Business Administration.

  • Experience with surplus lines or E&S (Excess & Surplus) insurance reporting.

  • Familiarity with GAAP and IFRS reporting standards.

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