Senior Insurance Accountant - A&H (STAT & GAAP) | NAIC & Financial Reporting

Our client is seeking an experienced Senior Insurance Accountant with strong STAT and GAAP accounting expertise and direct experience in the Accident & Health (A&H) insurance industry. This role is responsible for preparing financial statements, completing NAIC regulatory filings, supporting month-end closing, and performing insurance-specific financial analysis.

This is a hands-on, high-impact position within a regulated insurance environment.

Onsite | No Visa Sponsorship | Relocation Assistance: Yes (sign-on bonus)

Work Schedule: Monday-Friday, 8AM-5PM

Responsibilities:

Financial Reporting & Close

• Record earned, assumed, and ceded premium activity accurately and timely.
• Perform detailed reconciliations for cash, intercompany, and other key accounts.
• Lead or support STAT and GAAP month-end, quarter-end, and year-end close processes.
• Prepare and analyze financial statements, including balance sheet, income statement, and supporting schedules.

Regulatory Reporting

• Complete multi-state premium tax calculations and filings.
• Ensure compliance with Statutory Accounting Principles (SAP) and GAAP.
• Prepare NAIC quarterly and annual filings (Orange/Yellow/Blue Book exposure preferred)

Insurance-Specific Accounting

• Support pricing and profitability analysis through pro formas and financial modeling.
• Calculate and analyze IBNR, loss ratios, persistency/attrition, and other A&H insurance metrics.
• Prepare reinsurance settlement statements and support reinsurance accounting processes.

Analysis & Process Improvement

• Perform variance, ratio, and trend analyses, present findings to management.
• Identify opportunities to streamline processes and enhance internal controls.
• Assist with system enhancements and implementation of accounting tools.

Qualifications/Must Haves:

• 2+ years in insurance accounting.
• High attention to detail and accuracy.
• 4+ years of accounting experience.
• 2+ years of STAT accounting experience.
• 4+ years of GAAP accounting experience.
• Bachelor's degree in Accounting (required)
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Direct experience in Accident & Health (A&H) insurance .
• Ability to manage multiple deadlines in a regulated environment.
• Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUPs)
• Self-directed, organized, and comfortable working in a fast-paced environment.
• Strong understanding of insurance financial concepts: IBNR, loss ratios, earned premium, assumed/ceded premium.
• Experience preparing NAIC filings and working within regulated insurance environments.
• Experience with insurance financial systems (e.g., Oasis, Clearwater Analytics, premium tax software) is a strong plus.

Preferred Skills:

• Familiarity with QuickBooks or similar accounting systems.
• Insurance industry designations (e.g., LOMA) are a plus.
• Experience in mid-sized or established insurance carriers, MGAs, or TPAs.