Should have good understanding of STAT Reporting and procedures

Research and resolve queries pertaining to any testing/coding.

Accounting - Book accruals (journal entries related to premiums, commissions & claims), Process settlements, Bordereau/Settlement spreadsheet preparation and reconciliations including balancing and resolution of open items

Regulatory Reporting - Preparation of regulatory filings (Schedule S and F, Page 27, Notes to Accounts, General Interrogatories) , Fitch, S&P and AM Best surveys and Liaison with multiple departments/reinsurers

Receivables Management - Preparation of invoices/billing statements to reinsurers, Tracking of outstanding receivables and Transfer of non-recoverable amount ( 90 days)to non-admitted account

Requires the knowledge and ability to prepare financial statements and related reports, investigate problems and organize projects

Insurance accounting regulatory reporting experience preferred.

Ability to understand the significance of various activities in a statutory accounting close cycle and deliver results accordingly

Month End Close Accounting Process & Activities

Basic Knowledge of accounting standards

Skills: statutory accounting , R2R, reporting & analysis, Filing

Experience: 0.00-0.00 Years