Note: The job is a remote job and is open to candidates in USA. Crum & Forster (C&F) is a leading provider of property & casualty, accident & health, and specialty insurance solutions. They are seeking a Senior/Lead Accountant to oversee accounting functions related to occupational accident operations, ensuring compliance and accuracy in financial reporting.
Responsibilities
- Oversee and manage all accounting functions related to occupational accident operations, ensuring compliance with industry regulations, GAAP, and internal policies
- Prepare, analyze, and oversee monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow statements
- Manage the month-end, quarter-end, and year-end close processes, including journal entries, reconciliations, and reporting, ensuring all deadlines are met
- Conduct detailed account reconciliations and address discrepancies to ensure accuracy and compliance
- Prepare monthly general ledger interface entries to record premiums, expenses, losses, and commissions
- Analyze financial data and provide insights to support decision-making, strategic planning, and forecasting
- Support the preparation of budgets and forecasts by providing detailed financial analysis and variance explanations
- Oversee the receiving, invoicing, vendor payment, and commission payment processes, resolving discrepancies as needed
- Guide and mentor junior accounting staff, fostering a collaborative and productive work environment, and assist with training new team members
- Collaborate with internal and external auditors during audits, providing necessary documentation and explanations
- Review, improve, and implement process changes to yield greater efficiencies within accounting operations
- Utilize Salesforce and Accounting Seed to manage accounting data, track performance metrics, and generate reports for management review
- Process and review intercompany billing and transactions, ensuring proper documentation and accuracy
- Assist in reviewing and documenting business processes to identify opportunities for improvement and support implementation projects, including new accounting systems or software
- Stay current on industry trends and best practices to enhance the effectiveness of accounting operations
- Oversee and manage accounting for captive insurance entities, including preparation of statutory financial statements and regulatory filings
- Coordinate and reconcile reinsurance transactions, including ceded and assumed premiums, losses, and commissions
- Prepare and analyze Schedule F (Reinsurance) and other regulatory schedules related to reinsurance and captive operations
- Monitor and account for collateral and trust arrangements associated with captive and reinsurance agreements
- Ensure compliance with all regulatory requirements specific to captives and reinsurance, including reporting to state insurance departments
- Liaise with captive managers, reinsurers, and external auditors to support audits and regulatory examinations
- Assist in the structuring and accounting for new captive and reinsurance programs, including documentation and implementation of related processes
Skills
- Bachelor's degree in Accounting, required. Will accept other business field Majors only with Captive/Reinsurance experience present
- Minimum of 5 years of professional accounting experience, within the insurance industry
- Strong technical and analytical skills with a focus on data driven workflows
- Ability to work in a fast paced, deadline-driven environment, independently, and collaborate with a team
- Strong written and verbal communication skills
- Ability to facilitate team conflict resolution
- Communicates information in a clear, concise, and timely manner using appropriate channels of communication
- Strong organization and time management skills with exceptional attention to detail
- Intermediate experience with Excel, Word, Outlook, Access, and database management
- Strong emphasis on advanced Excel knowledge, including formulas, pivot tables, and data analysis
- Captive/Reinsurance experience preferred
- Property & Casualty (P&C) line experience is a plus
- Tableau experience is a plus
Benefits
- Competitive compensation package
- Generous 401K employer match
- Employee Stock Purchase plan with employer matching
- Generous Paid Time Off
- Excellent benefits that go beyond health, dental & vision. Our programs are focused on your whole family’s wellness, including your physical, mental and financial wellbeing
- A core C&F tenet is supporting your career development, so we provide a wealth of ways for you to keep learning, which may include tuition reimbursement, industry-related certifications and professional training to keep you progressing on your chosen path
- A dynamic, ambitious, fun and exciting work environment
- We believe you do well by doing good and want to encourage a spirit of social and community responsibility, matching donation program, volunteer opportunities, and an employee-driven corporate giving program that lets you participate and support your community
Company Overview
Company H1B Sponsorship