Lead Statutory Accountant (Hybrid - Troy, MI) - Health Alliance Plan

Lead Statutory Accountant

The Lead Statutory Accountant, working in a hybrid environment, is primarily responsible for the preparation of statutory financial reports. This role requires in-depth research and reference to documented procedure manuals to ensure all phases of statutory reporting are completed in compliance with state filing requirements, statutory accounting principles, and NAIC guidance. A thorough understanding of US GAAP is also required.

PRINCIPLE DUTIES AND RESPONSIBILITIES:

• Lead preparation of recurring state/federal/corporate filings:
• Quarterly and annual statutory insurance filings and assist with other related filings as needed
• Statutory accounting reporting of investments securities and income
• Monthly financial statement preparation (journal entries, account reconciliations and analytical schedule)
• Statutory filing software, upgrades, and maintenance
• Coordinate with various departments in order to obtain required data necessary to complete filings.
• Monitor changes in statutory accounting principles and reporting regulations to ensure compliance.
• Draft required footnotes and prepare detailed supporting documentation for both statutory and US GAAP reporting purposes.
• Collaborate with HAP Finance Management and external auditors to ensure timely and accurate completion of annual filings.
• Coordinate with investment custodians and treasury department staff to ensure accurate GAAP and statutory accounting of investment securities and income.
• Ensure the Accounting department accurately prepares statutory insurance filings in accordance with applicable reporting standards.
• Assist the Manager with analysis of investment income, amortization, purchases, sales, and reconciliations for both short- and long-term investments.
• Work with teams cross-functionally.
• Perform other duties as assigned by Finance Management.

EDUCATION/EXPERIENCE REQUIRED:

• Bachelor's degree in Accounting required.
• Master's degree in accounting/finance/business administration is a plus.
• CPA preferred.
• Minimum of 4 years of experience in Accounting required.
• Minimum of 4 years of quarterly and annual preparation of Statutory Insurance Blanks preferred.
• Experience in healthcare accounting preferred.
• Strong analytical and problem-solving skills.
• Excellent written and verbal communication abilities.
• High attention to detail and accuracy.
• Ability to meet deadlines under pressure.
• Self-motivated and capable of working independently with minimal supervision.
• Proficient knowledge of accounting principles and procedures, financial analysis techniques, and both GAAP and statutory reporting standards.
• Experience using Power BI is a plus.
• Experience using Blackline, Workiva, and other financial close optimization tools is a plus.