Company Overview: Oliver James is a leading third-party recruiting agency specializing in sourcing top talent for the insurance industry. We are currently partnered with a reputable Property and Casualty (P&C) insurance company in search of a skilled Statutory Accounting Manager to join their team. Our client is known for their commitment to excellence, innovation, and delivering exceptional insurance solutions to their clients.
Position Overview: As the Statutory Accounting Manager, you will play a pivotal role in overseeing the statutory accounting functions within our client's P&C insurance operations. You will be responsible for ensuring compliance with regulatory requirements, managing financial reporting processes, and providing strategic insights to optimize financial performance.
Key Responsibilities:
- Statutory Reporting: Prepare and file accurate and timely statutory financial statements in compliance with regulatory guidelines and requirements.
- Financial Analysis: Conduct detailed analysis of statutory financial data to identify trends, variances, and areas for improvement.
- Regulatory Compliance: Stay abreast of changes in accounting regulations and ensure adherence to statutory accounting principles (SAP) and other regulatory standards.
- Process Improvement: Continuously evaluate and streamline statutory accounting processes to enhance efficiency and effectiveness.
- Audit Support: Coordinate and facilitate statutory audits conducted by external auditors, ensuring all documentation and reporting requirements are met.
- Team Leadership: Provide guidance and leadership to the statutory accounting team, fostering a culture of collaboration, professional development, and excellence.
- Cross-functional Collaboration: Collaborate with other departments, including finance, actuarial, and risk management, to support business initiatives and drive strategic decision-making.
- Special Projects: Participate in special projects and initiatives as assigned by senior management, leveraging your expertise to contribute to the company's success.
Qualifications:
- Bachelor's degree in Accounting, Finance, or related field; CPA certification preferred.
- Minimum of 4 years of relevant experience in statutory accounting within the P&C insurance industry.
- Thorough understanding of statutory accounting principles (SAP) and regulatory requirements.
- Strong analytical skills with the ability to interpret financial data and provide strategic insights.
- Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams.
- Proven leadership abilities with experience in managing and developing a team.
- Detail-oriented, organized, and able to prioritize and manage multiple tasks in a fast-paced environment.
- Proficiency in accounting software and Microsoft Excel; experience with SAP or other ERP systems preferred.
Benefits:
- Competitive salary commensurate with experience.
- Comprehensive benefits package, including health insurance, retirement plans, and more.
- Opportunities for professional development and career advancement.
- A collaborative and dynamic work environment with a focus on innovation and excellence.