Senior Accountant (Statutory/NJDOBI)

View full description

Requirements:

• 5+ years of relevant accounting or finance experience, preferably in the insurance industry.
• Experience with NJDOBI.
• 2+ years of experience in SAP Statutory health plan accounting, preferably Medicare Advantage.
• Bachelor's Degree in Accounting; Master’s Degree preferred.
• Proficient in financial management software (e.g., Intacct) and advanced Microsoft Office and Google Suite skills.

Responsibilities:

• Independently prepare quarterly and annual statutory financial statements per regulatory guidelines.
• Ensure adherence to Statutory Accounting Principles (SAP) and regulatory standards, including NAIC requirements.
• Assist with complex calculations related to Medicare Advantage plans like RBC, MLR, QI, and CAE.
• Coordinate with external auditors for the annual audit of statutory financial statements.
• Analyze financial data, providing variance explanations and reports for management.
• Collaborate effectively with departments such as actuarial, FP&A, treasury, compliance, and legal.
• Stay updated on regulatory changes affecting statutory accounting and reporting.