Overview: We are currently seeking a seasoned Accounting Manager with a strong background in the insurance industry. The ideal candidate will possess expertise in key insurance accounting concepts such as Bordeaux, Ceded, GAAP, STAT, and Schedule F. This individual will play a pivotal role in overseeing and managing the financial accounting activities within our organization.
Responsibilities:
Insurance Accounting Oversight:
- Lead and supervise the day-to-day operations of the accounting team, ensuring accurate and timely recording of financial transactions related to insurance activities.
- Provide guidance on Bordeaux accounting, ensuring compliance with industry standards.
Ceded Reinsurance Management:
- Oversee the ceded reinsurance accounting process, including reconciliation and analysis of ceded premiums and claims.
- Collaborate with underwriting and actuarial teams to ensure accurate and comprehensive ceded reinsurance reporting.
GAAP and STAT Reporting:
- Ensure compliance with Generally Accepted Accounting Principles (GAAP) and Statutory Accounting Principles (STAT) in all financial reporting.
- Prepare and review financial statements and reports for both internal and external stakeholders.
Schedule F Reporting:
- Manage the preparation of Schedule F reports, ensuring accuracy and adherence to regulatory requirements.
- Work closely with auditors and regulatory authorities during examinations and audits related to Schedule F reporting.
Financial Analysis:
- Conduct financial analysis to support decision-making processes and provide insights into the financial performance of the insurance portfolio.
- Monitor key financial metrics and work proactively to address any variances or discrepancies.
