Statutory Reporting Analyst
A-CAP Services LLC - New York City, NY
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JOB TITLE: Statutory Reporting AnalystEMPLOYER: A-CAP Services LLCDEPARTMENT: FinanceREPORTS TO: Manager of Statutory ReportingLOCATION: Onsite in Miami, FL (Brickell)ABOUT THE COMPANYA-CAP is a rapidly growing organization that owns and operates multiple insurance companies and ancillary insurance businesses and has over $10 billion of total invested assets. This opening is with the holding company, which primarily performs asset management, actuarial, accounting, and other oversight functions on behalf of A-CAP's insurers and third-party clients. This group also provides strategic and operational support to A-CAP's portfolio companies/subsidiaries, proactively formulates new investment strategies, oversees external financing and acquisition activities, and provides modeling support for insurer liabilities and capital. On the insurance product side, A-CAP's primary lines of business are traditional fixed and equity-indexed annuities, with additional business in whole life insurance, Medicare supplement, and hospital indemnity products. A-CAP insurers originate over $2 billion of new premium annually.ABOUT THE ROLEA-CAP has an immediate opening for a self-motivated, resourceful, and well-organized candidate to join the team as a Statutory Reporting Analyst. The Statutory Reporting Analyst will make significant contributions to all A-CAP's insurance companies' quarterly and annual financial statement filings ("blue books") by helping ensure the accuracy of financial results and compliance with all statutory rules and guidelines. The Statutory Reporting Analyst will report directly to the Manager of Statutory Reporting and will interact regularly with Finance Team members, auditors, A-CAP leaders, and others from across the company.WHAT YOU WILL DO:Help prepare and analyze statutory financial statements (NAIC) in accordance with regulatory guidelines.Collaborate with internal teams to gather financial data and ensure accuracy and completeness of information. As necessary, conduct research on accounting standards and regulations to ensure compliance. Assist in the preparation of supporting schedules and footnotes including workpaper support.Provide assistance during external and state triennial audits.Help create, implement, and maintain a cross-functional quarterly and annual statement preparation schedule.Participate in cross-functional projects to improve processes and enhance efficiency in financial reporting. Other duties and responsibilities as assigned.WHAT YOU WILL NEED:Bachelor's degree in accounting, finance, or related field. Recent graduate or up to 1 year of relevant work experience.Proficiency with Microsoft Office suite, especially Excel.Basic understanding of accounting principles.Strong mathematical and problem-solving skills.Excellent time management skills and attention to detail.Ability to build relationships with diverse team members from across the organization.High motivation to learn and grow within the role, with a willingness to undergo extensive training. Enthusiasm for working in an opportunity-rich, dynamic, and team-oriented environment.BENEFITS:nnA-CAP works hard to create a positive and supportive environment. That's why we offer great benefits to safeguard the health and well-being of our employees. Our comprehensive benefits package includes:nnntCompetitive salary/base payntEmployer-sponsored medical, dental, and vision insurancentPaid Life & AD&D Insurance (for employees and families)ntPaid Disability Insurance (STD + LTD)ntPaid Parental LeaventPaid Vacation and Sick LeaventPaid Holidays (15 in 2024)ntVoluntary Supplemental Insurance policiesnt401(k) plan with employer matchntAnd other benefits and perks!nnn nnPOSITION TYPE AND EXPECTED HOURS OF WORKnnThis is a full-time position. Days and hours of work are Monday through Friday, 9:00 a.m. to 6:00 p.m., 40 hours weekly, or as otherwise arranged with the manager of the department.nn nnUS work authorization is required.nnWho We Are:
Created: 2024-09-07