Midwest Family Mutual Insurance Company is hiring: Senior Accountant in Urbandal

Job Type

Full-time

Description

The Senior Accountant plays a critical role in the financial operations of the organization by delivering timely, accurate, and insightful financial information to management, auditors, and regulatory bodies. This position ensures compliance with statutory accounting standards, supports the preparation of key regulatory and financial filings, and contributes to risk analysis and strategic financial planning. Additionally, the Senior Accountant supports team development, and may provide limited supervision over certain accounting functions. This is a hybrid position, with expectation that the candidate will be in the office 2 to 3 days a week.

Key Responsibilities:

• Prepare and review monthly, quarterly, and annual financial statements in accordance with NAIC Statutory Accounting Principles.
• Assist with preparation of the quarterly and annual NAIC financial statements and related filings (e.g., Annual Statement, Risk-Based Capital report, Management Discussion & Analysis).
• Reconcile general ledger accounts and prepare journal entries, including premium, loss, reinsurance transactions, and investments.
• Support the preparation of financial analysis and variance reports for management and regulatory bodies.
• Assist with budgeting, forecasting, and cash flow projections.
• Assist with filing premium tax returns, and reconciling state and local insurance taxes and fees.
• Ensure compliance with internal controls, accounting policies, and procedures.
• Coordinate with external auditors and regulatory examiners.
• Participate in the implementation and enhancement of accounting systems and processes.
• Monitor changes in accounting standards and insurance regulations and assess their impact on financial reporting.
• Collaborate with underwriting, claims, and actuarial departments to validate financial inputs and results.

• Bachelor's degree in Accounting or Finance required.
• CPA, CGMA, or CPCU designation highly preferred.
• 7+ years of general accounting experience.
• Experience in the Property and Casualty Insurance industry preferred.
• Investment and or tax accounting experience is a plus.