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Community Health Solutions of America, Inc

Insurance Senior Accountant

Community Health Solutions of America, Inc, Clearwater, Florida, United States, 34623

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Overview Insurance Senior Accountant

Join us and enjoy a robust benefits package designed to support your well-being! (Some plans vary by state.)

Full Time employees can enjoy:

Health Coverage: Two flexible medical plans.

Dental & Vision: Comprehensive coverage by Sun Life. Vision is company paid.

Health Savings Account (HSA): Pre-tax contributions.

Flexible Spending Accounts (FSA): Medical and Dependent Care options.

Life & Disability Insurance: Company-paid, with optional additional coverage.

Generous Paid Time Off (PTO), plus additional paid holidays.

Employee Assistance Program (EAP): Wellness support

401k Retirement Plan: Participate and receive a company match after meeting eligibility requirements.

Frequent and ongoing employee appreciation and celebration throughout the company

Paid training

Dynamic, challenging, and motivating work environment

Clear career path and opportunities for growth

VERY competitive pay and compensation package

Outstanding employee retention rate

True teamwork environment

High visibility and interaction with senior management

Enjoy an easy commute to our prime location in Clearwater's Highpoint/ICOT/Gateway area – conveniently accessible from anywhere

Summary The Insurance Senior Accountant applies principles of both STAT and GAAP accounting to prepare financial reports and analyze financial information.

Responsibilities Essential Duties and Responsibilities:

Compiles and analyzes financial information to prepare entries to accounts, such as general ledger accounts, documenting business transactions.

Possesses a strong understanding of earned premium, assumed premium, and ceded premium and how to record on the financial statements.

Prepares NAIC quarterly and annual filings.

Prepares reinsurance settlement statements.

Calculates and files quarterly Premium Tax due to various states within which we are licensed.

Distributes expenditures, encumbrances, receipts, and receivables according to schedules.

Performs statistical analyses to determine trends, estimates, and significant changes, and writes narrative reports explaining findings.

Performs variance and ratio analysis and presents results to upper management.

Performs detailed reconciliations for both cash accounts and intercompany loan accounts to ensure that both sides of each area balance on the accounting system.

Determines cash needs for Single Business Units (SBU's).

Performs bank reconciliations and set up ACH for expenditures.

Analyzes financial information detailing assets, liabilities, and capital, and prepares balance sheet, profit and loss statement, and other reports to summarize and interpret current and projected company financial position for other managers.

Audits contracts, orders, and vouchers, and prepares reports to substantiate individual transactions prior to settlement.

Determines proper handling of financial transactions and approves transactions within designated limits.

Monitors compliance with generally accepted accounting principles (GAAP), Statutory Accounting Principles (SAP), and company procedures.

Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports.

Installs, modifies, documents, and coordinates implementation of accounting systems and accounting control procedures.

Devises and implements systems for general accounting, seeking process improvements and automation where possible.

Designs and maintains pro formas for current and proposed contracts to determine pricing and profitability.

Makes recommendations regarding the accounting of reserves, assets, and expenditures.

Conducts studies and submits recommendations for improving the organization's accounting operations.

Collects data and prepares federal, state, and local reports and tax returns.

Other Responsibilities:

Adheres to company policies and procedures.

Maintains confidentiality of client, company, and personnel information.

Demonstrates commitment to the organization's mission and values.

Adheres to attendance standards.

Performs other duties as assigned.

Supervisory Responsibilities: None

Qualifications Competencies:

Strong organizational and interpersonal skills.

Excellent written and verbal communication skills.

Detail-oriented.

Ability to multi-task and work independently.

Task-oriented and deadline driven.

Qualifications:

At least four years of accounting experience.

At least two years of insurance industry experience.

At least two years of statutory accounting experience.

At least four years of GAAP accounting.

Education and/or Experience:

Bachelor of Science degree in Accounting.

LOMA or other insurance industry designation is a plus.

Certificates, Licenses, Registrations: None

Computer Skills:

Proficiency in MS Word, Access, PowerPoint, Outlook.

Advanced Excel skills required.

Experience with QuickBooks is a plus.

Familiarity with APL and/or Clearwater Analytics software is helpful.

Environmental Factors/Physical Demands:

Work performed in an office environment.

Regular communication, data input, and retrieval from computer systems.

May involve repetitive motions, bending, reaching, kneeling, stooping, lifting up to 30 pounds.

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