Accounting Manager Job Vacancy in Seibels Services Group, Inc Columbia, SC 29201 – Updated today

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Full Details :
Company Name :
Seibels Services Group, Inc
Location : Columbia, SC 29201
Position :

Job Description : At Seibels, we believe our people are our most important asset. They are the driving force behind our mission and the reason we are able to provide best-in-class services to the property and casualty insurance industry. Our culture is founded upon four core values: collaboration, accountability, respect, and transparency. Upholding this culture and embodying it in all that we do is paramount to the organization and its success.

We offer competitive benefits package to all of our employees. Benefits include health and dental coverage that begins the first day of employment, 401(k) with employer match, paid holidays, free downtown parking, up to 20 days of PTO accrual in first year, and much more!

Prepares/manages the STAT & GAAP Financial statements for Seibels’ customers. Prepares control sheets, reinsurance calculations, and bordereaux. Prepares and/or reviews IBNR calculations and records to general ledger. Calculates and records contingent commission adjustments, profit sharing, and various journal entries such as surplus notes, ULAE, DAC, etc. Reviews all statutory reconciliations and investment information recorded in the general ledger. Prepares and/or reviews schedules F, P, and RBC for the annual statements. Manages premium and municipal tax filings, FHCF/GEAR filings, state data calls, and other state required filings. Reviews annual financial statements. Manages Financial accounting staff.
Staff Management:

Recruits, trains, and motivates financial accounting team, provides leadership and coaching for associates to accomplish organizational, departmental, and individual goals and objectives.
Distributes and monitors work, evaluates individual and team performance, prepares performance evaluations, and identifies areas for improvement for employees and team.
Handles disciplinary measures as needed.

Program Management:

Manages STAT & GAAP accounting functions to meet daily, weekly, monthly, quarterly, and annual deliverables.
Provides assistance and documentation to customers, vendors, external auditors, employees, and managers as needed.

Analysis:

Review all reinsurance calculations.
Reviews all investment information that is recorded in the general ledger.
Reviews all STAT & GAAP reconciliations.
Reviews quarterly and annual financial statements.
Reviews information reported in the audited financial statements.
Assists with testing of new products, new customers, and conversion of data. Help plan and provide supporting documentation for test projects when working with IT and data warehouse team.

Reporting:

Prepares GAAP Consolidated Financial Statements to meet strict deadlines.
Prepares, records and/or reviews control sheets to the general ledger. Uses general ledger software to import/export data.
Calculates and records various journal entries which include interest on surplus notes, ULAE, DAC, etc. Posts all journal entries for the department.
Coordinates with tax accountants on tax provisions and tax return for clients.
Coordinates with staff on preparation work necessary for both financial and state auditors.
Prepares and/or reviews all reinsurance calculations, bordereaux, and bordereau summaries. Prepares and/or reviews IBNR calculation for all companies.
Confirms all direct and ceded paid loss and LAE, and direct and ceded reserve information. Records to general ledger.
Manages premium and municipal tax filings and FHCF/GEAR filings.
Prepares and/or reviews schedule P, schedule F and RDB exhibits.

Education / Experience

CPA plus a minimum of 5 years of progressively responsible experience in statutory accounting; OR a comparable combination of education and work experience related to this position.
Experience within the insurance industry including NAIC reporting required.
Familiar with standard concepts, practices, and procedures within Accounting.
Experience within the Insurance Industry required.
Proficient with accounting software, specifically general ledger and annual statement software.
Strong in Microsoft Office applications, particularly Excel, Word and Access.

PI169189083

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