Senior Statutory Accountant Position Available In Capitol, Connecticut

Senior Statutory Accountant
Accounting/Finance
Permanent
Yes
United States
West Hartford, Connecticut
Job Description
General

Job Title:

Senior Statutory Accountant

Division:

Finance

Job Summary:

The Financial Analyst will be a proactive member of the finance team. The primary responsibilities of the position will be provision of accounting and financial operations coupled with financial analysis, research, and technical expertise. The position will aid in ensuring the integrity of financial information and reports.
Key Responsibilities
Prepare monthly accounting entries, support documentation and control documentation for general finance functions (including but not limited to):
Calculate monthly premium tax accrual estimate
Maintain the fixed asset inventory
Record paid loss and commission activity for the third party reported books of business
Calculate and record premium earnings
Assist in preparing the quarterly and annual financial statements for GAAP Group reporting and Statutory stand-alone reporting
Analyze and post subsidiary reports to consolidated ledger
Prepare quarterly US consolidation elimination entries
Assist in preparing documentation, and coordinate internal and external financial statement audits
Review, investigate, and report errors and inconsistencies in financial entries and documents.
Monitors compliance with promulgated accounting principles and company procedures
Perform certain treasury functions, including initiation of wire requests, and monitoring of state deposit activity and requirements
Monthly cash accounts reconciliations, including follow up and resolving reconciling items in a timely manner
Monthly expense accruals, including analysis and financial statement recording
Assist with annual premium tax returns, including installment payments made during the tax year for assigned states
Cross training/ support of Sr. Financial Analyst’s responsibilities, in addition to other duties as assigned by the Controller

Personal Specification:

Education and Qualifications
Bachelor’s degree in accounting
2 Years’ Minimum Accounting experience, preferably in the property-casualty insurance industry
Public accounting or Corporate Accounting experience preferable
Skills and Abilities
Technical accounting knowledge including experience documenting and researching technical accounting answers required
Solid financial analysis skills
Effective written and verbal communication skills
Intermediate time management/ prioritization skills
Demonstrated ability to solve problems and suggest solutions
Intermediate business perspective including an understanding of the political nature of the organization
Navigate ambiguity to deliver results
Knowledge and Experience
Solid knowledge of accounting concepts/theories (GAAP & NAIC statutory)
Solid knowledge of insurance accounting and reporting concepts/theories
Intermediate working knowledge of Microsoft Office (e.g., Excel, Word, Outlook)
General Ledger experience
Aptitude and Disposition
Top performer, motivated and driven to succeed
A self-starter with a high energy level and with the ability to work in a fast-paced environment
Ability and willingness to roll up sleeves and get involved in detail
Ability to interact with individuals at all levels of the company
Proactive
Flexible
High integrity
Positive
Competencies
Detail Oriented
Analytical Thinking
Emphasis on Quality
Teamwork

Communications Who We Are:

Beazley is a specialist insurance company with over 30 years’ experience helping people, communities and businesses to manage risk all around the world. Our mission is to inspire our clients and people with the confidence and freedom to explore, create and build

• to enable businesses to thrive.

Our clients want to live and work freely and fully, knowing they are benefitting from the most advanced thinking in the insurance market. Our goal is to become the highest performing sustainable specialist insurer.
Our products are wide ranging, from cyber & tech insurance to marine, healthcare, financial institutions and contingency; covering risks such as the weather, film production or protection from deadly weapons.
Our Culture
We have a wonderful mix of cultures, experiences, and backgrounds at Beazley with over 2,000 of us working around the world. Employee’s diversity, experience and passion allow us to keep innovating and moving forward, delivering the best. We are proud of our family-feel culture at Beazley that empowers our staff to work from when and where they want, in an adult environment that is big on collaboration, diversity of thought and personal accountability. Our three core values inspire the way we work and how we treat our people and customers.
Be bold
Strive for better
Do the right thing
Upholding these values every day has enabled us to become an innovative and responsive organization in touch with the changing world around us

• our ambitious inclusion & diversity and sustainability targets are testament to this.

We are a flexible and innovative employer offering a friendly, collaborative, and inclusive working environment. We actively encourage and expect applications from all backgrounds. Our commitment to fostering a supportive and dynamic workplace ensures that every employee can thrive and contribute to our collective success.
Explore a variety of networks to assist with professional and/or personal development.

Our Employee Networks include:

Beazley RACE

• Including, understanding and celebrating People of Colour
  Beazley SHE
• Successful, High potential, Empowered women in insurance
  Beazley Proud
• Our global LGBTQ+ community
  Beazley Wellbeing
• Supporting employees with their mental wellbeing
  Beazley Families
• Supporting families and parents-to-be
  We encourage internal career progression at Beazley, giving you all the tools you need to drive your own career here, such as:
  Internal Pathways (helping you grow into an underwriting role)
  iLearn (our own learning & development platform)
  LinkedIn Learning
  Mentorship program
  External qualification sponsorship
  Continuing education and tuition reimbursement
  Secondment assignments
  The Rewards
  The opportunity to connect and build long-lasting professional relationships while advancing your career with a growing, dynamic organization
  Attractive base compensation and discretionary performance related bonus
  Competitively priced medical, dental and vision insurance
  Company paid life, and short•and long-term disability insurance
  401(k) plan with 5% company match and immediate vesting
  22 days PTO (prorated for 1st calendar year of employment), 11 paid holidays per year, with the ability to flex the religious bank holidays to suit your religious beliefs
  Up to $700 reimbursement for home office setup
  Free in-office lunch, travel reimbursement for travel to office, and monthly lifestyle allowance
  Up to 26 weeks of fully paid parental leave
  Up to 2.

5 days paid annually for volunteering at a charity of your choice
Flexible working policy, trusting our employees to do what works best for them and their teams
Salary for this role will be tailored to the successful individual’s location and experience. The expected compensation range for this position is $100,000

• $110,000 per year plus discretionary annual bonus.

Don’t meet all the requirements? At Beazley we’re committed to building a diverse, inclusive, and authentic workplace. If you’re excited about this role but your experience doesn’t perfectly align with every requirement and qualification in the job specification, we encourage you to apply anyway. You might just be the right candidate for this, or one of our other roles.