This position entails interacting with underwriters and General Agents on an as needed basis regarding data requests and verification of data presented by the Agent. The Program Accountant is responsible for recording the written premiums produced by the Agent, along with collecting and applying cash relating to the premiums. This position is responsible for the day to day operations of the business products assigned by Program Finance management. This person will be expected to learn the process and produce timely and accurate financial reporting of their assigned accounts.
We are seeking a candidate for our AVP, Statutory Reporting position. This individual will have a broad range of responsibilities in our finance group reporting to the Vice President of Taxation & Financial Compliance. This will include but not be limited to, overseeing the preparation of NAIC annual statements, MDA, supplemental filings and statutory audited financial statements.
This role offers the opportunity to learn about the Company's various divisions. The ideal candidate has strong written and oral communication skills, an analytical mindset, and the ability to multitask in order to effectively manage his or her time across various roles and responsibilities.
The Accountant supporting Alternative Markets line of business will work with the Alternative Markets Underwriting team, IT personnel, TPA’s, (where applicable) and Reinsurers on a day to day basis as far as data requested and verification of the data presented by the Underwriting team. The Accountant is responsible for the recording of the Underwriting Results by individual account (Gross and Ceded) and the analysis thereof for profitability. The position also calls for the reconciliation of the General Ledger for all Balance Sheet accounts that pertain to the division. In addition, the Accountant’s position involves the preparation of the ancillary schedules for Annual Statement purposes. They are also involved in the preparation of the Reinsurance Statement for submission to the Reinsurers and the application of cash thereof. The position is also responsible for the calculation of the Funding Requirements at year-end and submission to the Unauthorized Quota Share Reinsurers for collateral purposes.