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Selby Jennings

STAT Accountant | Boston, MA, USA | Hybrid

Selby Jennings, Boston, Massachusetts, us, 02298

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STAT Accountant Selby Jennings Boston, United States

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Posted 1 day ago Hybrid Job Permanent USD100000 - USD125000 per year

STAT Accountant Selby Jennings Boston, United States

Apply now Our client, a global life and annuity insurance firm, is seeking an experienced STAT Accountant to join their team. This role is responsible for preparing and analyzing statutory financial statements and regulatory filings for our life insurance entities, ensuring compliance with NAIC guidelines and state insurance regulations. The ideal candidate will have a strong understanding of statutory accounting principles (SAP), life insurance products, and regulatory reporting requirements. Key Responsibilities: Prepare quarterly and annual statutory financial statements (Blue Books) in accordance with NAIC and state insurance department requirements. Ensure timely and accurate submission of all statutory filings, including Schedule T, Schedule S, and state-specific supplements. Assist with the preparation of annual audited statutory financial statements and coordination with external auditors. Maintain and reconcile general ledger accounts related to statutory reporting. Monitor changes in statutory accounting principles and regulatory requirements and assess their impact on financial reporting. Collaborate with actuarial, tax, and investment teams to gather data and ensure completeness and accuracy of filings. Support internal and external audits and regulatory examinations. Assist in the implementation and testing of financial systems and reporting tools related to statutory accounting. Participate in special projects and initiatives to improve reporting efficiency and accuracy. Qualifications: Bachelor's degree in Accounting, Finance, or related field; CPA preferred. 3+ years of experience in statutory accounting, ideally within the life insurance industry. Strong knowledge of NAIC statutory accounting principles and life insurance financial reporting. Proficiency in financial systems (e.g., SAP, Oracle, Workiva) and Microsoft Excel. Excellent analytical, organizational, and communication skills. Ability to work independently and manage multiple priorities in a deadline-driven environment. We support the Financial Sciences & Services industry with talent that can truly shape the future of a business.Whether that be Quantitative Analyti...

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