Job Description
Responsibilities:
· Develop, implement and update procedures and controls relative to the accounting and reporting of all company financial activities.
· Oversee the preparation of internal and external financial statements and reports, regulatory filings, and tax filings.
· Ensure adherence to corporate standards, accounting principles, actuarial standards and applicable laws and regulations.
· Ensure accurate financial records are maintained and available as needed.
· Oversee compilation of annual corporate budget and production of budget reports and cost accounting reports.
· Analyze reinsurance agreements and implement procedures and controls to produce accurate accounting of ceded and assumed premiums, losses, and commissions.
· Assist in the management of the company’s relationships with its reinsurers, independent auditors and state auditors.
· Develop billing and collection procedures and controls in accordance with company policies, agency agreements and applicable laws and regulations.
· Ensure professional relations with external service providers.
· Oversee the resolution of problems related to the billing and commission functions through research, analysis and interaction with other company departments.
· Manage the company’s relationships with credit card service providers, and maintain professional relations with banks, investment funds, and other financial service providers; monitoring performance and recommending changes, as appropriate.
· Oversee the company’s collection of delinquent accounts using internal resources and external services.
· Oversee the payment of company disbursements, collection of receivables and the placement of company directed investments.
· Establish and maintain appropriate controls and safeguards for corporate financial assets.
· Analyze and interpret financial information and company activities to ensure consistency with corporate objectives.
· Determine when funds are available for long term investment and develop internal cash flow projection models.
· Oversee company tax planning and filings.
Qualifications:
· Bachelor’s or Master’s degree in finance, accounting, or business administration, plus 5 years related experience, or any equivalent combination of education, training and experience that demonstrates the required skills
· 5+ years of experience working in property and casualty insurance and knowledge of statutory accounting principles
· Certified Public Accountant (CPA) designation
· Demonstrate extensive knowledge of and experience with statutory accounting principles, taxation, and audit procedures
· Proficient in Microsoft Office and database software products
· Ability to train, develop and motivate others
· Meets agreed upon goals and objectives in a timely manner
· Proven ability to develop plans, problem solve and to analyze and interpret data accurately
· Demonstrates effective verbal, written, and communication skills
Full-time
Hybrid remote