Insurance Accountant Job Description
Insurance Accountant Job Description
I. About the Company
[YOUR COMPANY NAME] is a leading provider of insurance solutions, committed to delivering exceptional service and financial stability. We pride ourselves on our innovative approach and dedication to meeting the needs of our clients. Our team of professionals is driven by excellence and integrity, providing a supportive and dynamic work environment. Join us and be part of a forward-thinking organization that values its employees and offers opportunities for career growth and advancement.
II. Job Summary
As an Insurance Accountant, you will be responsible for managing and overseeing the financial records and transactions related to insurance policies and claims. Your role will involve preparing financial reports, ensuring compliance with regulatory requirements, and providing financial insights to support decision-making within the organization.
III. Key Responsibilities
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Maintain accurate and up-to-date financial records related to insurance policies, claims, and transactions.
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Prepare and review financial statements, reports, and reconciliations to ensure accuracy and compliance with accounting standards.
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Monitor and analyze insurance-related financial data, including premiums, claims, and reserves.
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Process and record insurance transactions, including policy payments, claims disbursements, and adjustments.
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Ensure compliance with industry regulations and company policies related to insurance accounting.
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Assist with budgeting and forecasting for insurance-related financial activities.
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Provide financial analysis and insights to support strategic decision-making and risk management.
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Collaborate with internal teams, such as underwriting and claims, to resolve accounting issues and discrepancies.
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Prepare and file regulatory reports and documentation as required.
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Assist with audits and ensure timely completion of audit requirements.
IV. Required Qualifications and Skills
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Bachelor's degree in Accounting, Finance, or a related field.
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Minimum of 3 years of experience in accounting, preferably within the insurance industry.
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Strong knowledge of insurance accounting principles and practices.
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Excellent analytical and problem-solving skills.
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Proficiency in accounting software and Microsoft Office Suite, including Excel.
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Strong attention to detail and accuracy.
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Ability to work independently and manage multiple tasks simultaneously.
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Excellent communication and interpersonal skills.
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CPA or CMA certification is a plus.
V. Working Conditions
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Full-time schedule with flexibility to accommodate project deadlines and reporting requirements.
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Office-based environment with minimal travel required.
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Interaction with internal teams and external auditors.
VI. Salary Range
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Annual salary: $60,000 - $80,000, based on experience and qualifications.
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Opportunities for performance-based incentives and bonuses up to $5,000 per year.
VII. Compensation and Benefits
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Health insurance options with company contribution up to 80%.
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Dental and vision insurance with company contribution up to 60%.
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Paid time off: 15 days of PTO per year plus 10 paid holidays.
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401(k) plan with a company match of up to 5%.
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Reimbursement for professional development courses and certifications.
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Opportunities for career advancement and skill development.
To apply, please email your resume to [YOUR COMPANY EMAIL] or visit [YOUR COMPANY WEBSITE] and click on the career page. You may also contact the HR department at [YOUR COMPANY NUMBER] for further information.
