Senior Accountant

Company Details: Vela Insurance Services provides specialized Excess and Surplus Lines Casualty and Professional Liability insurance solutions in the following four market segments.: Construction, Specialty Casualty, Velocity Smal Business & Professional Liability. We offer national service and local knowledge to our exclusive wholesale broker network and the businesses they serve. The Company is an equal employment opportunity employer. Responsibilities: This position is responsible for validating underwriting data in support of IFRS and Statutory financial reporting for Vela Insurance Services. Responsibilities include, but are not limited to, reconciling premium and loss data from feeder systems, recording and IBNR, delivering on IFRS and STAT regulatory reporting deadlines. Accountabilities also include supporting the overall close process to ensure that all reporting requirements are adhered to. Complete technical account analyses and data checks for monthly and annual reporting and complete the underwriting schedules for quarterly and yearend statutory reporting. Assist in the completion of audited financial statements and coordination of data requests for external audits and state examinations relating to the statutory underwriting results. Assist in research of IFRS and STAT accounting policy changes and implementing changes to comply with reporting requirements. Work with HR on staffing and headcount reporting on a monthly basis. Archive records to satisfy audit and statutory requirements. Regular and predictable attendance. Assist in project work as assigned. Qualifications: Four (4) year College Degree in Accounting, Finance or Business, or commensurate experience and training. CPA, MBA preferred. 3-5 years of experience with data reconciliation and financial schedule preparation. 3-5 years of relevant insurance accounting experience, including knowledge of US statutory and GAAP accounting principles. Knowledge of IFRS is a plus. Intermediate knowledge of insurance accounting principles, especially for property and casualty companies. Advanced experience with finance systems and proficient in Microsoft Office products (Excel, Access & database tools.). Intermediate experience in Data Quality and Reporting: Ensuring compliance of closing, reporting with internal & external requirements. Ability to prioritize responsibilities and processes. Basic Financial Analysis skills. Additional Company Details: We do not accept any unsolicited resumes from external recruiting firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. Sponsorship Details: Sponsorship not Offered for this Role

Created: 2024-10-19