Senior Insurance Accountant

About the role

The Senior Insurance Accountant will report to the Financial Reporting Manager and will be responsible for insurance and general ledger accounting, financial reporting, and special projects.

Responsibilities

• Preparation and posting of journal entries related to premium, claims, reinsurance, investments, expense accruals, and intercompany transactions.
• Support of month-end, quarter-end, and year-end close processes to ensure timely and accurate financial reporting.
• Reinsurance accounting including review of cession statements, settlement calculations, reconciliations, and coordination with reinsurers.
• Investment accounting including recording investment activity, reconciling investment accounts, and supporting related reporting and disclosures.
• Preparation and review of balance sheet account reconciliations and investigation of reconciling items.
• Assistance with preparation of Annual and Quarterly Statutory Statements and related schedules and footnotes.
• Support for internal and external audits, including preparation of audit schedules and responses to PBC requests.
• Processing of accounts payable payments and preparation of expense accruals to ensure accurate period reporting.
• Support for ad hoc projects including process improvements, system enhancements, acquisitions, and integration initiatives.

Requirements

• Strong accounting knowledge of IFRS/GAAP
• Insurance industry experience highly desired
• Strong analytical, quantitative and communication skills
• Advanced in excel
• Detail oriented and organized in work
• Able to handle multiple tasks in a deadline driven environment
• Able to work independently as well as part of a team
• Computer Skills: Microsoft Excel, Oracle

Qualifications

• BS Degree in Accounting/Finance
• CPA, CMA or MBA
• 3-5 years in accounting, financial reporting or equivalent business experience

Skills

• Strong accounting knowledge of IFRS/GAAP
• Insurance industry experience
• Strong analytical, quantitative and communication skills
• Advanced in excel
• Detail oriented and organized in work
• Able to handle multiple tasks in a deadline driven environment
• Computer Skills: Microsoft Excel, Oracle

Benefits

Competitive salary and bonus (based on personal & company performance)

401(k) with competitive company matching

Comprehensive health insurance, vision, dental and FSA plans (medical, limited purpose, and dependent care)

Company paid group term life, short- term disability and long-term disability coverage

24 Paid time off days, 2 Hiscox Days, 10 paid holidays, and ability to purchase 5 PTO days

Paid parental leave

4-week paid sabbatical after every 5 years of service

Financial Adoption Assistance and Medical Travel Reimbursement Programs

Annual reimbursement up to $600 for health club membership or fees associated with any fitness program

Company paid subscription to Headspace to support employees’ mental health and wellbeing

Recipient of 2024 Cigna’s Well-Being Award for having a best-in-class health and wellness program

Dynamic, creative and values-driven culture

Modern and open office spaces, complimentary drinks

Hybrid work schedule with two (2) days in the office weekly

Salary range: $80-$95k