Job Overview
This primarily remote role involves preparing, analyzing, and supporting statutory financial reporting for insurance entities in compliance with NAIC guidelines and state regulations. It plays a key part in monthly, quarterly, and annual close processes to ensure accuracy, compliance, and timeliness of financial information.
Responsibilities
- Prepare and review statutory-basis financial statements in compliance with NAIC Annual and Quarterly Statement instructions
- Assist in the preparation and filing of Annual Statements, Quarterly Statements, and supplemental filings
- Maintain and reconcile general ledger accounts, with a focus on statutory accounting (SSAP) requirements
- Perform detailed account reconciliations and variance analyses
- Support Schedule P, Schedule F, and other key statutory schedules
- Assist with preparation of footnotes and statutory disclosures
- Collaborate with actuarial, underwriting, and claims departments to ensure accurate financial reporting
- Support external audits and regulatory examinations by providing requested documentation and analysis
- Monitor and implement changes in statutory accounting guidance and regulatory requirements
- Assist in internal control documentation and process improvements
- Participate in special projects, including system implementations and process automation
Qualifications
- Bachelor’s degree in Accounting or Finance (CPA or CPA-track preferred)
- 3–6+ years of accounting experience, with at least 2+ years in insurance statutory reporting
- Strong knowledge of Statutory Accounting Principles (SAP) and NAIC reporting requirements
- Experience with insurance annual statement software (e.g., OneSumX, AQS, or similar) preferred
- Proficiency in Microsoft Excel (advanced skills strongly preferred)
- Strong analytical, organizational, and problem-solving skills
- Ability to manage multiple deadlines in a fast-paced environment
- Excellent communication skills and attention to detail
Preferred Experience
- Experience with property & casualty insurance or reciprocal exchanges
- Familiarity with Schedule P, loss reserving concepts, and reinsurance accounting
- Experience working with auditors and state regulators
- Knowledge of GAAP vs. statutory accounting differences
