CHS

Accounting Supervisor - Insurance (A&H)

Job Locations US-FL-Clearwater
Job Post Information* : Posted Date 3 months ago(1/23/2024 10:39 AM)
ID
2024-2548
# of Openings
1
Category
Accounting/Finance

Overview

About Us: At SGIC, a leading player in the insurance industry, we are on the lookout for an accomplished Senior Accounting Supervisor/Manager with specialized experience in the Accident & Health (A&H) sector. With a commitment to excellence and innovation, SGIC has rapidly become a prominent carrier, boasting overcapitalization of $32 million in reserves since its inception in 2017.Join us on our journey to expand our financial team with a dedicated leader contributing to our growth trajectory.
 
Role Overview: We seek an Accounting Supervisor to lead our financial operations in the niche A&H insurance domain. This is a unique opportunity for a strategic and analytical professional to drive accuracy, compliance, and growth within our accounting department. As the captain of our accounting ship, you will manage a dedicated team, oversee complex financial reporting, collaborate closely with stakeholders, and contribute to product innovation.

Responsibilities

- Lead and mentor a team responsible for General Ledger journals, month-end closing, and other critical STAT accounting functions.
- Manage workflow to ensure timely and accurate financial reporting, adhering to industry-specific regulations.
- Collaborate closely with our carrier, SGIC, and third-party administrator (TPA), Premier Administrative Solutions, for seamless financial operations.
- Oversee the preparation of annual, quarterly, and monthly financial statements, including statutory and closing of blanks reports.
- Navigate the intricate landscape of Limited Medical, Short Term Medical, and indemnity products, ensuring adherence to state regulations.
- Conduct insightful analysis of Loss ratios, Attrition/Persistency schedules, and IBNR for data-driven financial decisions.
- Leverage NAIC experience to ensure compliance with reporting requirements and regulations.
- Spearhead Health Blank Form preparation for statutory reporting.
- Identify and champion growth opportunities within the accounting department.
- Collaborate seamlessly with cross-functional teams and potentially contribute insights to product development.
- Perform statistical analyses to determine trends, estimates, and significant changes, and provide Executive Summaries explaining findings.
- Manage Cash Management and audit contracts, orders, and vouchers.

Qualifications

Qualifications and Experience:
• Bachelor's Degree in Accounting, Finance, or related field.
• 3-5 years of Statutory Accounting experience (STAT).
• 10 years of GAAP month-end close experience, with specialization in the insurance industry, particularly A&H preferred.
• In-depth knowledge of P&C or Health Blank Form preparation and analytical processes.
• Experience with financial software (QuickBooks, NetSuite, FSI Oasis), premium tax tools, and reporting platforms.
• Skills in IBNR calculations, Loss ratios, Attrition/Persistency schedules, etc.
• Familiarity with NAIC reporting requirements and experience interfacing with the Department of Insurance (DOI).
• Proven ability to manage workflow and meet critical deadlines.
• Impeccable analytical skills with a keen attention to detail and accuracy.

 
Competencies and Skills:
• Exceptional organizational skills and the ability to oversee intricate financial processes.
• Effective interpersonal and communication abilities for successful collaboration.
• Strategic mindset with the capacity to provide valuable insights for growth and optimization.
• Demonstrated leadership qualities to guide, mentor, and inspire a team.
• Balanced approach to detail and the capacity to contribute to strategic initiatives.
• Proficiency in utilizing data analytics tools to extract meaningful insights.
• Proficiency in producing a full financial statement for a company.
• LOMA or other insurance industry designation is a plus.

 
Software Proficiency:
• QuickBooks
• MS Excel
• Premium tax software
• FSI Oasis (Quarterly and Annual reporting tool)
• Familiarity with Commission reporting software such as APL
• Clearwater Analytics (Investments)
• Enrollment 123 (Billing and Enrollment CRM)
 
Join Us: As part of the SGIC team, you will be at the forefront of the dynamic insurance landscape, contributing to our growth, innovation, and success. If you're a dedicated professional with a passion for excellence and an unwavering commitment to driving results, we invite you to apply.
 
HP123

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