Job Description
Job description
Overview
This position will prepare quarterly financial packages, statutory reporting, balance sheet reconciliations, analyses, journal entries, compliance filings, and work on projects. This position will also work with data cubes and accounting hubs and prepare ad hoc financial analyses. The Accountant III will collaborate with other departments within the finance organization, including the underwriting, claims, actuarial, reinsurance, treasury, and compliance departments.
Responsibilities
• Prepare P&C Statutory annual and quarterly statement schedules, including gathering information from data suppliers and consolidating responses, in accordance with Statutory accounting principles.
• Ensure the accuracy and consistency of data reported in Statutory schedules.
• Ensure compliance with all NAIC and state department of insurance regulatory reporting requirements, researching compliance requirements as deemed necessary.
• Provide summary and analysis for intercompany balances related to the AmTrust group.
• Prepare ad hoc journal entries as they arise.
• Prepare technical balance sheet reconciliations for the team to review, investigate and resolve differences.
• Proven ability to actively address multiple projects simultaneously while ensuring flexibility to meet deadlines.
• Generate support and analysis in conjunction with requests from internal and external auditors, including a bridge from GAAP to STAT balances with reasoning for variances.
• Ability to research requests from upper management and communicate findings in a timely manner.
• Perform various analyses and reach out to responsible parties with recommended corrective actions to make appropriate adjustments to ledgers and statements.
• Liaison with other corporate areas (Controllers, GAAP Reporting, Management Reporting, Investments, Regulatory Reporting, Tax, Treasury, FP&A)
• Evaluate and implement processes for efficiency and automation; work with operational team to find workable solutions.
• Work closely with team members to coordinate monthly and quarterly close processes.
• Develop, maintain, and improve accounting internal controls, policies, and procedures.
• Maintain a mindset of continuous improvement.
Qualifications
• Bachelor’s degree in Accounting, Finance or related field
• Minimum 5+ years professional experience in financial reporting or financial analysis with knowledge of accounting, including insurance industry exposure.
• Proven technology-based skills including proficiency in Microsoft Excel
• Ability to analyze and problem solve financial data.
• Hybrid, 3 days in office required, 2 days remote per week.
• Excellent communication and interpersonal skills with an ability to interact with all levels.
• Working knowledge of Oracle ERP preferred
• Strong organizational skills with the ability to work under tight deadlines.
• Overtime is required during peak periods.
#AmTrust
What We Offer
AmTrust Financial Services offers a competitive compensation package and excellent career advancement opportunities. Our benefits include: Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans, Paid Time Off.
AmTrust strives to create a diverse and inclusive culture where thoughts and ideas of all employees are appreciated and respected. This concept encompasses but is not limited to human differences with regard to race, ethnicity, gender, ****** orientation, culture, religion or disabilities.
AmTrust values excellence and recognizes that by embracing the diverse backgrounds, skills, and perspectives of its workforce, it will sustain a competitive advantage and remain an employer of choice. Diversity is a business imperative, enabling us to attract, retain and develop the best talent available. We see diversity as more than just policies and practices. It is an integral part of who we are as a company, how we operate and how we see our future.
