Atlas Search
Base pay range
$100,000.00/yr - $150,000.00/yr
Additional compensation types
Annual Bonus
The Statutory Accountant is responsible for preparing, analyzing, and reporting statutory financial statements in accordance with NAIC accounting principles, state insurance department regulations, and other statutory requirements. This role supports regulatory filings, financial audits, and the maintenance of accurate accounting records for statutory entities. The ideal candidate will have strong knowledge of statutory accounting principles (SAP), attention to detail, and the ability to manage multiple priorities in a fast-paced insurance environment.
Key Responsibilities
Prepare and analyze quarterly and annual
statutory financial statements
in compliance with
NAIC and state insurance department requirements .
Ensure timely and accurate completion of
statutory filings , including the
Blue Book, state supplements, and RBC reports .
Perform
account reconciliations
and variance analyses to ensure the integrity of general ledger balances.
Assist with
regulatory examinations and external audits , providing supporting documentation and analysis as requested.
Maintain detailed documentation of
accounting policies and procedures
related to statutory reporting.
Support the
conversion or reconciliation
between statutory and GAAP financial statements.
Collaborate with actuarial, tax, and finance teams to ensure accuracy and completeness of reported data.
Monitor updates to
NAIC Accounting Practices & Procedures Manual
and implement relevant guidance.
Assist in the preparation of
management reports
and presentations for internal stakeholders.
Qualifications
Bachelor’s degree
in Accounting, Finance, or related field required.
CPA or working toward CPA
designation preferred.
5–10 years of accounting experience
in the
insurance or reinsurance industry , with a focus on statutory reporting.
Strong knowledge of
Statutory Accounting Principles (SAP) ; familiarity with
GAAP
a plus.
Experience with
insurance accounting systems
(e.g., Workiva, SAP, Oracle, PeopleSoft, SSAP software, or similar).
Advanced proficiency in
Excel
and strong analytical skills.
Excellent attention to detail, problem-solving, and organizational abilities.
Strong written and verbal communication skills.
Preferred Attributes
Experience working with
life, property & casualty, or health insurance entities .
Understanding of
risk-based capital (RBC) requirements
and state regulatory compliance.
Ability to work independently and manage deadlines in a dynamic, regulated environment.
Seniority level Mid-Senior level
Employment type Full-time
Job function Accounting/Auditing
Industries
Insurance, Insurance Carriers, and Investment Management
Benefits
Medical insurance
Vision insurance
401(k)
Paid maternity leave
Paid paternity leave
Disability insurance
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$100,000.00/yr - $150,000.00/yr
Additional compensation types
Annual Bonus
The Statutory Accountant is responsible for preparing, analyzing, and reporting statutory financial statements in accordance with NAIC accounting principles, state insurance department regulations, and other statutory requirements. This role supports regulatory filings, financial audits, and the maintenance of accurate accounting records for statutory entities. The ideal candidate will have strong knowledge of statutory accounting principles (SAP), attention to detail, and the ability to manage multiple priorities in a fast-paced insurance environment.
Key Responsibilities
Prepare and analyze quarterly and annual
statutory financial statements
in compliance with
NAIC and state insurance department requirements .
Ensure timely and accurate completion of
statutory filings , including the
Blue Book, state supplements, and RBC reports .
Perform
account reconciliations
and variance analyses to ensure the integrity of general ledger balances.
Assist with
regulatory examinations and external audits , providing supporting documentation and analysis as requested.
Maintain detailed documentation of
accounting policies and procedures
related to statutory reporting.
Support the
conversion or reconciliation
between statutory and GAAP financial statements.
Collaborate with actuarial, tax, and finance teams to ensure accuracy and completeness of reported data.
Monitor updates to
NAIC Accounting Practices & Procedures Manual
and implement relevant guidance.
Assist in the preparation of
management reports
and presentations for internal stakeholders.
Qualifications
Bachelor’s degree
in Accounting, Finance, or related field required.
CPA or working toward CPA
designation preferred.
5–10 years of accounting experience
in the
insurance or reinsurance industry , with a focus on statutory reporting.
Strong knowledge of
Statutory Accounting Principles (SAP) ; familiarity with
GAAP
a plus.
Experience with
insurance accounting systems
(e.g., Workiva, SAP, Oracle, PeopleSoft, SSAP software, or similar).
Advanced proficiency in
Excel
and strong analytical skills.
Excellent attention to detail, problem-solving, and organizational abilities.
Strong written and verbal communication skills.
Preferred Attributes
Experience working with
life, property & casualty, or health insurance entities .
Understanding of
risk-based capital (RBC) requirements
and state regulatory compliance.
Ability to work independently and manage deadlines in a dynamic, regulated environment.
Seniority level Mid-Senior level
Employment type Full-time
Job function Accounting/Auditing
Industries
Insurance, Insurance Carriers, and Investment Management
Benefits
Medical insurance
Vision insurance
401(k)
Paid maternity leave
Paid paternity leave
Disability insurance
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