Statutory Staff Accountant

Company: Homesite
Location: Akron
Posted on: January 25, 2023

Job Description:

Homesite Insurance was founded in 1997 and was one of the first companies to enable customers to purchase home insurance directly online, during a single visit. Since then, we've continued to innovate rapidly to meet the needs of our customers and their changing expectations.One thing that's stayed the same since our founding: our commitment to our customers, partners and employees.Join us on our journey as we continue to grow into a powerful contender in the field of insurance.Compensation may vary based on the job level and your geographic work location.Compensation Minimum:$53,900 AnnualCompensation Maximum:$105,700 AnnualThis role will process billing and receivable transactions and complete reconciliations of the various cash payments (credit card, EFT, check) received by the company.Will also provide additional and on-going support as a new receivable system is implemented and the company continues to grow.Participate in the financial statement close process as needed, to include preparing journal entries, financial reports, and reconciliations.Responsibilities
Reporting & Analysis:

• Assist with completion of the quarterly and annual regulatory filings for multiple companies via preparation of assigned Quarterly and Annual Statutory Financial Statement pages/schedules.
• Assist with the analysis of account balances and income statement activity in response to requests from various states' Departments of Insurance, communicating with them directly as needed.
• Assume ownership of the annual state form filings for multiple states and companies.
• Assist with requests from various states' Departments of Insurance, communicating with them directly as needed.
• Coordinate with other departments within Homesite as well as the off-site parent company and affiliates regularly in order to timely obtain necessary information.
• Assist with the unclaimed property escheatment process.
• Perform accounting functions as assigned on a monthly basis for book close.Tax
  • Assist with gathering and reconciling tax related balances
  • Perform a broad array of duties relating to Premium, State, Federal, and Municipal taxes.
  • Assist with remitting tax payments and coordinating with our Tax vendors.Audits & Examinations:
    • Assist with annual external audits and DOI examinations. Complete requested materials. Assist in preparing assigned schedules for the annual and interim audit.
    • Ensure compliance with Model Audit Rule controls.
    • Other:
    • Contribute to department and organization special projects related to aspects of finance and accounting.
    • Assist in improving workflows and vendor selections.
    • Conform with and abide by all regulatory guidance and internal policies & procedures.
    • Document policies, procedures and workflow for assigned areas of responsibility.
    • Participate in trainings and seminars to stay current on Statutory reporting guidelines.
      Qualifications:
      • BS/BA degree in accounting or finance
      • 1+ years work experience in the insurance industry
      • Knowledge of Statutory accounting principles (SAP), Generally Accepted Accounting Principles (GAAP) a plus
      • CPA or CPA candidate and experience working in public accounting a plus
      • Ability and environment to effectively work remotely when needed
      • Understand accounting fundamentals and financial statements
      • Excellent communication (verbal and written) and interpersonal skills
      • Strong analytical skills and attention to detail
      • Ability to work independently and within a team and take on new tasks as needed
      • Intermediate to advanced experience with MS Word, MS Excel, MS Outlook, or similar programsThis position is a hybrid role that involves working a minimum of 10 days per month in the office. We know flexibility is important to our employees and their families, and we will continue to offer flexibility in this flex office/home role. This approach will guide us in balancing the needs of the business, customers and our employees.Preferred locations for this role include:Madison, WI; Chicago, IL; Boston, MA; Minneapolis, MN; Denver, CO; Phoenix, AZ; Nashville, TN; Atlanta, GA#LI-HybridWhen you work at Homesite you can expect benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, and a paid-time off program. In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Enterprise benefits.Stay connected: Join Our Enterprise Talent Community!

Keywords: Homesite, Akron , Statutory Staff Accountant, Accounting, Auditing , Akron, Ohio