Accountant II - Brotherhood Mutual Insurance Company
Fort Wayne, IN
About the Job
Also responsible for researching, interpreting, and communicating information related to a variety of investment, reinsurance, asset management, claims, and premium reporting issues
POSITION ESSENTIAL FUNCTIONS AND RESPONSIBILITIES To perform this job successfully, an individual must be able to perform each essential duty satisfactorily
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions
- Record investment transactions, reconcile custody statements to corporate ledgers, and prepare monthly, quarterly, and annual investment reports related to the companys investment portfolio
- Identify and research data, reconciliation, and reporting issues related to claims, premiums, and billing tables
Work with the IT department to ensure the data is corrected and preventative measures are taken
- Balance the monthly financial statements to the corporate ledger by recording accrual transactions
Research and resolve any inconsistencies and improve the process when possible
- Learn and understand the statutory accounting principles used by insurance companies
Upload financial results for quarterly and annual reporting using the statutory reporting software
Upload financial results to dashboards and create financial reports as necessary
- Upload monthly balances into the budgeting system for reporting
Create budget reports and distribute them to various departments on a monthly basis
Assist in identifying and analyzing variances for each department and record correcting entries as needed
- Record affiliate reimbursement and chargeback transactions
Ensure proper calculations have been performed and the appropriate authorization is documented
Identify and resolve discrepancies between companies and ensure requested reimbursements are completed
- Organize and monitor prepaid expenses including identifying and posting re-classes, preparing monthly amortization entries, and reconciling assets to the corporate ledger
Communicate with IT and other departments related to asset tracking and budgeting
- Prepare and file, as scheduled, estimated tax payments, annual premium tax returns, sales and use tax statements, and other premium reports or assessments
- Review invoices ready to be paid for proper accounting, authorization, and Indiana sales tax
- Occasionally reconcile bank statements, claims check statements and investment custodial statements to corporate ledgers
Conduct research to identify and communicate with other personnel to resolve concerns
- Occasionally document, compute, and process reinsurance transactions
Review claims activity for potential reinsurance applications
Calculate and record reinsurance payables and recoveries
- Occasionally communicate with finance and customer service personnel regarding billing, accounts receivable, and premium payment issues
Research concerns related to the lockbox, EFT, and other deposit processes
- Complete other projects as assigned
KNOWLEDGE, SKILLS, AND ABILITIES The requirements listed below are representative of the knowledge, skills, and/or abilities required to perform each essential duty satisfactorily
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions
- Possess good judgment and the ability to perform independent analysis
- Demonstrate strong detail-oriented and communication skills
- Demonstrate strong Microsoft Office, especially Excel and spreadsheet, capabilities
- Effectively interface with external contacts, Brotherhood employees, managers, and department staff members
EDUCATION AND/OR EXPERIENCE - Must have a Bachelors degree in accounting, fina ce, or business administration with a minimum of a two-year accounting emphasis
- Must have 2 - 3 years general business, insurance or related experience
- Certified Public Accountant (CPA) designation is desired
- Chartered Property and Casualty Underwriter (CPCU) designation and/or Associate in Insurance Accounting and Finance (AIAF) designation is desired
Apply online at:https://recruiting.ultipro.com/BRO1008BMIC/JobBoard/67f5ad86-545d-42ef-bb07-cb84ada298ea/OpportunityDetail?opportunityId=d833e728-8ff3-4bec-b89b-9f820cbd93a8