Senior Statutory Accountant, North American Finance Group at Allied World in New York City, New York

Job Description:

Summary

 

Responsible for external statutory financial reporting and analysis for eight insurance companies and maintaining compliance with internal and external controls.

 

Responsibilities

 

·       Assist with the preparation of quarterly and annual statutory financial statements for eight insurance companies

·       Calculate and post statutory journal entries and reconcile account balances

·       Reconcile GAAP to STAT differences

·       Assist in the preparation of statutory taxes

·       Develop and maintain proficiency with WINGS statutory reporting system and SUN general ledger system

·       Development of reports from data warehouse to analyze statutory data and prepare required pages within annual statements

·       Assist with providing support to external auditors for annual audited financial statements

·       Research statutory accounting practices and procedures as may be required

·       Maintain financial controls and procedures in accordance with department procedures, best practices and internal audit requirements

·       Complete and file required state information by published due dates 

Compensation

The below annualized base pay range is a broad range based on analysis of similar positions in the market. The actual base pay for the position may be above or below he listed range and determined by a number of considerations, including but now limited to complexity, location, and scope of the role, along with experience, skills, education, training, and other conditions of employment. Base salary represents one compensation of Allied World comprehensive total reward package, which may also include annual incentive compensation rewards.

 

$90,000 – 120,000

 

Qualifications

 

·       Bachelor’s degree in Accounting, Finance or related field

·       Accounting certification desirable (CA, CPA, CMA)

·       5 or more years of experience in accounting for insurance and/or reinsurance companies, with statutory accounting experience strongly preferred

·       Knowledge of statutory accounting practices and procedures

·       Knowledge of statutory tax calculations

·       Excellent technical and organizational skills, with demonstrated ability to work within tight timeframes and meet strict deadlines

·       Demonstrated ability to work well in a team environment

·       Advanced Microsoft Excel skills

About Fairfax 

Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.  

 

About Allied World 

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings Limited, and we benefit from a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways. Our capital base is strong, our solutions anticipate rather than react to changing trends, and our teams are focused on establishing long-term relationships that are mutually beneficial. Learn more about how we can help you manage your risk by visiting: Web: www.awac.com | Facebook: www.facebook.com/alliedworld | LinkedIn: https://www.linkedin.com/company/allied-world  
 
Our generous benefits package includes: Health and Dental Insurance, 401k plan, and Group Term Life Insurance.  Allied World Insurance Company is an Equal Opportunity and Affirmative Action Employer.  All qualified applicants will be considered for employment without regard to an individual's race, color, national origin, religion or belief, sex, age, genetic information, marital or civil partnership status, family status, sexual orientation, gender identity, or their protected veteran or disability status.  Please visit www.awac.com for further information on Allied World.   

 

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