Senior Accounting Specialist

2 weeks ago


Raleigh, North Carolina, United States Curi Full time

Position Overview

We are seeking a dedicated individual to join our Finance team in a hybrid work setting.

About Curi

Curi is a comprehensive advisory firm committed to supporting physicians and medical practices. We pride ourselves on being staunch advocates for physicians, astute business strategists, and reliable partners. Our diverse offerings in advisory services, capital solutions, and insurance are designed to provide insightful guidance tailored to our clients' needs, ensuring exceptional outcomes across the board. From analytical advisory services to bespoke wealth management and specialized medical malpractice insurance, we deliver proven performance in medicine, business, and life.

Role Responsibilities

As a Staff Accountant, you will play a crucial role in our Finance department, reporting directly to the Controller. Your primary responsibilities will include managing the investment accounting functions of the company, assisting in the preparation of financial reports in accordance with GAAP and statutory requirements, and collaborating with external auditors. Additionally, you will engage in loss and premium analysis, month-end closing activities, reinsurance reporting, and tax accounting.

Key Responsibilities

Investment Accounting

  • Prepare and reconcile monthly investment reports, analyses, and journal entries.
  • Coordinate the investment accounting process with external investment accounting firms and investment advisors.

General Accounting

  • Complete monthly journal entries for premiums and losses, along with reconciliations and reports.
  • Prepare monthly premium tax journal entries and the company's premium tax returns, including estimated quarterly payments to state insurance departments.
  • Manage monthly reinsurance premium and loss journal entries and reports.
  • Reconcile monthly agent commission reports.
  • Assist in the preparation of federal and state income tax returns.
  • Maintain the deductible recovery report and collaborate with the Claims team on outstanding deductibles.
  • Generate reports and invoices from third-party administrators, reviewing and forwarding them to the relevant policyholders.
  • Support the development of budgets for direct expenses, rent, and depreciation as required.

Financial Reporting

  • Assist in ensuring compliance with statutory financial reporting requirements set by the NAIC, A.M. Best, and various state insurance departments.
  • Support audits conducted by external financial examiners.
  • Prepare lead schedules and assist in the creation of GAAP and STAT workpapers and audit reports.

Financial Analysis

  • Prepare monthly reports analyzing premiums and losses, providing explanations for significant variances to management.
  • Track and maintain reports on policy retention and new business.
  • Ensure data integrity in existing reports.
  • Collaborate with the IT department to develop new reporting tools as necessary.

Required Qualifications

  • Bachelor's degree in accounting or finance is essential.
  • A minimum of 1 year of experience in accounting and financial reporting, preferably within the property and casualty insurance sector.
  • Familiarity with insurance accounting software and statutory reporting is advantageous.
  • Proficient in Excel and knowledgeable in Word.

Desired Skills

  • Ability to thrive in a high-pressure, deadline-driven environment.
  • Exceptional attention to detail.
  • Capability to understand client/server-based core operating systems.
  • Strong problem-solving and analytical skills.


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