Job Description
Summary: The Insurance Senior Accountant applies principles of both STAT and GAAP
accounting to prepare financial reports and to analyze financial information.
Essential Duties and Responsibilities:
• Compiles and analyzes financial information to prepare entries to accounts, such as
general ledger accounts, documenting business transactions.
• Possesses a strong understanding of earned premium, assumed premium, and ceded
premium and how to record on the financial statements.
• Prepares NAIC quarterly and annual filings.
• Prepares reinsurance settlement statements.
• Calculates and files quarterly Premium Tax due to various states within which we are
licensed.
• Distributes expenditures, encumbrances, receipts, and receivables according to
schedules.
• Performs statistical analyses to determine trends, estimates, and significant changes,
and writes narrative reports explaining findings.
• Performs variance and ratio analysis and presents results to upper management.
• Performs detailed reconciliations for both cash accounts and intercompany loan
accounts to ensure that both sides of each area balance on the accounting
system. Determines cash needs for Single Business Units (SBU's). Performs bank
reconciliations and set up ACH for expenditures.
• Analyzes financial information detailing assets, liabilities, and capital, and prepares
balance sheet, profit and loss statement, and other reports to summarize and interpret
current and projected company financial position for other managers.
• Audits contracts, orders, and vouchers, and prepares reports to substantiate individual
transactions prior to settlement.
• Determines proper handling of financial transactions and approves transactions within
designated limits.
• Monitors compliance with generally accepted accounting principles (GAAP), Statutory
Accounting Principles (SAP), and company procedures.
• Reviews, investigates, and corrects errors and inconsistencies in financial entries,
documents, and reports.
• Installs, modifies, documents, and coordinates implementation of accounting systems
and accounting control procedures.
• Devise and implement system for general accounting. Consistently looks for ways to
improve processes, automating where possible.
• Designs and maintains pro forms for current and proposed contracts to determine
pricing and profitability.
• Makes recommendations regarding the accounting of reserves, assets, and expenditures
• Conducts studies and submits recommendations for improving the organization's
accounting operation.
• Collects appropriate data and prepares federal, state, and local reports and tax returns.
Other Responsibilities:
• Adheres to the policies and procedures of the Premier Family of Companies
• Maintains strict confidentiality of client, company, and personnel information
• Demonstrates a strong commitment to the mission and values of the organization
• Adheres to company attendance standards
• Performs other duties as assigned
Supervisory Responsibilities: None
Competencies:
• Strong organizational and interpersonal skills
• Excellent written and verbal communication skills
• Detail oriented
• Ability to multi-task and work independently
• Task oriented and deadline driven
Computer Skills:
Proficiency using software programs such as MS Word, ACCESS, PowerPoint, and Outlook.
Advanced knowledge of Excel required. Experience in Quick Books is a plus. Familiarity with
Commission reporting software such as APL and/or Clearwater Analytics is helpful.
Environmental Factors/Physical Demands:
Work is performed in an office environment. While performing the duties of this job, the
employee is regularly required to have the ability to maintain active customer and employee
communication; access, input and retrieve information from the computer system; enter alphanumeric data into a computerized system often while listening on the telephone. May be
subject to repetitive motion such as typing, data entry and vision to monitor. May be subject to
bending, reaching, kneeling, stooping and lifting up to thirty (30) pounds
Join us and enjoy a robust benefits package designed to support your well-being!
(Some plans vary by state.)
Full Time employees can enjoy:
• Health Coverage: Two flexible medical plans.
• Dental & Vision: Comprehensive coverage by Sun Life. Vision is company paid.
• Health Savings Account (HSA): Pre-tax contributions.
• Flexible Spending Accounts (FSA): Medical and Dependent Care options.
• Life & Disability Insurance: Company-paid, with optional additional coverage.
• Generous Paid Time Off (PTO), plus additional paid holidays.
• Employee Assistance Program (EAP): Wellness support
• 401k Retirement Plan: Participate and receive a company match after meeting
eligibility requirements.
• Frequent and ongoing employee appreciation and celebration throughout the
company
• Paid training
• Dynamic, challenging, and motivating work environment
• Clear career path and opportunities for growth
• VERY competitive pay and compensation package
• Outstanding employee retention rate
• True teamwork environment
• High visibility and interaction with senior management
• Enjoy an easy commute to our prime location in Clearwater's
Highpoint/ICOT/Gateway area – conveniently accessible from anywhere
Compensation:
$74,000 to $120,000 per year annual salary.
Exact compensation may vary based on several factors, including skills, experience, and education
We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to HR@insightglobal.com.To learn more about how we collect, keep, and process your private information, please review Insight Global's Workforce Privacy Policy: https://insightglobal.com/workforce-privacy-policy/.
Required Skills & Experience
Qualifications:
• At least four years of accounting experience required
• At least two years of Insurance industry experience required
• At least two years of Statutory accounting experience required
• At least four years of GAAP accounting is required.
Education and/or Experience:
• A Bachelor of Science degree in Accounting is required
• LOMA or other insurance industry designation is a plus
Certificates, Licenses, Registrations: None
Nice to Have Skills & Experience
N/A
Benefit packages for this role will start on the 31st day of employment and include medical, dental, and vision insurance, as well as HSA, FSA, and DCFSA account options, and 401k retirement account access with employer matching. Employees in this role are also entitled to paid sick leave and/or other paid time off as provided by applicable law.