Senior Insurance Accountant

OVERALL PURPOSE OF JOB :

Prepares monthly earned premium report and reconciles with general ledger.

Records monthly claim reserve / change in IBNR as calculated by actuary.

Prepares reconciliation of advanced deductible payment accounts by validating against deposit list and monitors balances.

Records monthly commission paid check run registers and maintains support for deferred acquisition costs.

Manages agent voucher incentives’ program and related amortization.

Responsible for preparing all underwriting related balance sheet reconciliations.

Provides support related to insurance accounting during annual financial audits.

Monitors unapplied payments account on a monthly basis ensuring balance is current and reconciled.

Supports Management with the documentation of procedures and streamlining of processes to ensure proper controls.

Manages revenue accounting for Canada operation and prepared monthly premium and claims bordereaux to underwriters.

Prepares bordereaux reporting to reinsurer on Mexico operations.

Records and analyzes all revenue, claims and acquisition costs for the NHI binder.

Serves as back up for claims’ accounting

Qualifications

OTHER REQUIREMENTS :

Bachelor’s degree in Accounting.

Minimum of 5 years’ experience; insurance / re-insurance industry a plus.

Solid understanding of accounting principles, practices and standards.

Strong Excel skills and knowledge of Great Plains preferred.

Excellent verbal and written communication skills; fluent in Spanish.

Good analytical skills; ensures reasonability of results / balances.

TRAITS :

Detail oriented; questions the status quo.

Proactive in identifying the business reasons behind financial behaviors.

Work effectively under tight deadlines while demonstrating commitment to quality and accuracy of accounting related data.

Best Doctors Insurance provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, or domestic partner status. Best Doctors Insurance is committed to a diverse workforce. Disclaimer : Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time