Accounting Manager, Life Insurance job! Our Client is a highly rated and growing Texas based Life Insurance Company! Above all, our Client is a Dallas‐based provider of a wide range of life insurance, annuity, Medicare supplement, and supplemental health products used to build and preserve the financial security of their policyholders. Our Client manages $3+ billion in assets and has an Excellent AM Best rating.
Ideal opportunity for an individual looking to grow their career with a growing company. The Accounting Manager, Life Insurance job salary is $90k to $110k + bonus. This Accounting Manager, Life Insurance job requires working at the Dallas, TX headquarters. This is not a remote job. Apply now for this excellent Accounting Manager, Life Insurance job by clicking on the Apply Now button above! This is Job 2958.
Job Responsibilities for Accounting Manager, Life Insurance
- Take an active role in reviewing and managing monthly journal entries.
- Examine monthly, quarterly, and annual financial statements on a routine basis.
- In addition, perform or oversee monthly & quarterly general ledger account reconciliations and analysis, effectively researching variances for resolution.
- Also, participate in the preparation and evaluation of quarterly and annual statutory statements (Blue Books), which includes schedules and exhibits, ensuring compliance with statutory accounting principles (SAP).
- Further, assist in the coordination of GAAP and STAT Audits.
- Also, take responsibility for the creation of State Pages, State Premium Tax Returns, and other state regulatory filings such as Federal/State Income Tax Withheld and Unclaimed Property Filings.
- Next, coordinate the submission of all statutory reports, ensuring deadlines are met consistently.
- On top of this, actively assist with the implementation of new regulatory requirements, the launch of new lines of business and acquisitions, and the onboarding of new reinsurance partners (assumed/ceded).
- Moreover, liaise with state examiners, external auditors, and senior management on a regular basis.
- When required, handle daily cash management as a backup.
- Importantly, stay updated with emerging or newly released or updated NAIC accounting standards.
- Lastly, contribute to the improvement of internal procedures and efficiencies with innovative ideas.
Skills and Experience Requirements for Accounting Manager, Life Insurance
- Bachelor’s degree in Accounting or Business Administration with concentration in Accounting.
- CPA certified or eligible candidate preferred.
- 12+ years of experience.
- A solid understanding of US statutory insurance/reinsurance accounting and regulatory reporting is a must.
- Essential experience includes the preparation and review of Life Insurance company financial statements on a statutory basis.
- It is preferable, but not essential, to have skills in GAAP basis reporting.
- Demonstrated organizational skills related to work papers, financial statements, and schedules are important.
- Additionally, proficiency in personal computer software, especially MS Office suite with special emphasis on Excel, is key.
- Being a team player with excellent oral and written communication and research skills is critical.
- Furthermore, familiarity with Model Audit Rule compliance is required.
- You need to have demonstrated the ability to prioritize tasks effectively and stay organized.
- A mindset oriented towards analytical thinking and continuous improvement is essential.
- Also, you should have a proven track record in establishing and maintaining healthy internal and external working relationships.
- Importantly, you need a minimum of 7 years of recent experience in Insurance Financial Accounting and Statutory Reporting.
- You should also be able to lead, supervise, train, and motivate accounting team members.
- Lastly, you should be capable of managing coordinated activities with all areas within the organization.
Mid America Search stands as a leading Insurance Recruiter in the industry, consistently recognized among the top Insurance Recruiters. Notably, we also excel as an esteemed Actuarial Recruiter, making us one of the industry’s foremost Actuarial Recruiters.