Finance Operations Manager

2 weeks ago


New York, New York, United States Jobot Full time

Accounting Manager - Insurance
This Jobot Job is hosted by: Melanie Courtney

Salary:
$100,000 - $120,000 per year

About Us:


Our client is a prominent specialty insurer providing a comprehensive array of property and casualty insurance solutions to businesses, professional entities, and individuals through various distribution channels.


Why Consider This Opportunity?
Expanding organization
Robust benefits package
Positive workplace culture

Position Overview

As the Accounting Manager, you will oversee the financial aspects of underwriting insurance operations.

Your role requires leveraging business insight and analytical skills to conduct thorough analyses and convey financial outcomes, accounting challenges, and business implications to management and relevant reporting teams.

You will lead, mentor, and develop a team of 4-5 accounting professionals. Proactivity in managing initiatives to enhance processes for operational efficiency is expected.

Key Responsibilities

- Collaborate closely with Underwriting and Finance Operations to gain a comprehensive understanding of all product lines.
- Supervise all accounting functions related to underwriting insurance activities and manage a team of 4-5 staff members.
- Oversee the reconciliation of underwriting accounts.
- Partner across departments with Finance Operations (systems), Ceded Reinsurance, Actuarial, Underwriting, and Treasury.
- Manage the company’s transaction processing systems and related closing procedures.
- Calculate accurate and timely profit-share distributions for agent partners.
- Develop complex management reports and analyses that elucidate financial results while investigating discrepancies and trends to identify underlying factors.
- Provide precise and timely financial data essential for the preparation of Statutory and US GAAP financial reports.
- Ensure compliance with record-keeping standards set by internal and external auditors and regulatory bodies.
- Monitor and guide the implementation of strategic financial initiatives.
- Mentor and cultivate the skills of finance team members.
- Address requests from internal and external auditors.
- Identify and develop efficiencies to enhance effectiveness by implementing best practices in processes.
- Drive process improvements, including advancing the use of technology to automate or streamline existing workflows and expedite the monthly closing process.

Required Skills and Qualifications

- Extensive knowledge of accounting practices within the P&C Insurance sector.
- Proven experience in developing, leading, and retaining a high-performing Accounting/Finance team.
- Strong ethical standards consistent with the company’s core values.
- Demonstrated success in managing staff effectively.
- Excellent interpersonal, written, and verbal communication skills.
- Hands-on management approach and a strong work ethic.
- Highly motivated, proactive, and detail-oriented.
- Ability to drive results and make informed decisions.
- Capacity to manage multiple projects with shifting priorities and meet tight deadlines in a dynamic environment.
- Ability to work independently and collaboratively within a team.

Core Competencies

- Adaptability and flexibility
- Curiosity and eagerness to learn
- High energy and initiative

Education and Experience

- Bachelor’s degree in Accounting required.
- Experience in the P&C Insurance industry is essential.
- Up to 10 years of accounting experience, including at least 4 years in a management role.
- CPA designation is a plus.
- Experience working in a multi-disciplinary, diverse, and dynamic environment with a strong problem-solving mindset.
- Experience collaborating in a geographically diverse organization at various levels of expertise.

Interested in learning more? Please explore this opportunity further.

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