Senior Insurance Accountant

Job Type:

Build a brilliant future with Hiscox
 

Position: Senior Insurance Accountant

Reports to: Financial Reporting Manager

Location: Atlanta

Team: Finance

Why Hiscox in the US:
We’re looking for bright, energetic people to help us to produce the best insurance solutions and deliver the best service possible. Hiscox offers an environment where you are encouraged to grow with the team, and this is an exciting time to be joining this fast-growing organization. There will be opportunities to work and learn with others and develop professionally in a supportive environment.
 

The Role:

The Senior Insurance Accountant will report to the Financial Reporting Manager.  The position will be responsible for both insurance and general ledger accounting, financial reporting, and special projects as needed for our newly acquired two legal entities. The Senior Accountant will be an integral part of the Finance team, interacting with team members and external constituents. We are looking for someone who will help to enhance our processes and build upon the accuracy of our financials.

Key Responsibilities:

• Preparation and posting of journal entries related to premium, claims, reinsurance, investments, expense accruals, and intercompany transactions.

• Support of month-end, quarter-end, and year-end close processes to ensure timely and accurate financial reporting.

• Reinsurance accounting including review of cession statements, settlement calculations, reconciliations, and coordination with reinsurers.

• Investment accounting including recording investment activity, reconciling investment accounts, and supporting related reporting and disclosures.

• Preparation and review of balance sheet account reconciliations and investigation of reconciling items.

• Assistance with preparation of Annual and Quarterly Statutory Statements and related schedules and footnotes.

• Support for internal and external audits, including preparation of audit schedules and responses to PBC requests.

• Recording and reconciliation of IBNR and other actuarial reserve-related entries.

• Processing of accounts payable payments and preparation of expense accruals to ensure accurate period reporting.

• Support for ad hoc projects including process improvements, system enhancements, acquisitions, and integration initiatives.

Requirements:

• Strong accounting knowledge of IFRS/GAAP

• Insurance industry experience highly desired

• Strong analytical, quantitative and communication skills

• Advanced in excel

• Detail oriented and organized in work

• Able to handle multiple tasks in a deadline driven environment

• Ability to work independently as well as part of a team

Computer skills:

• Microsoft Excel, Oracle

Education:

• BS Degree in Accounting/Finance

• CPA, CMA or MBA

Experience:

• 3-5 years in accounting, financial reporting or equivalent business experience

Hiscox Values:

At Hiscox our spirit is in Challenging Convention and everything we do is guided by our Values.

• Courage: Dare to take a risk

• Ownership: Passionate, commercial and accountable

• Integrity: Do the right thing, however hard

• Connected: Together, build something better

• Human: Clear, fair and inclusive

What Hiscox USA Offers:

• Competitive salary and bonus (based on personal & company performance) 

• 401(k) with competitive company matching 

• Comprehensive health insurance, vision, dental and FSA plans (medical, limited purpose, and dependent care)  

• Company paid group term life, short- term disability and long-term disability coverage 

• 24 Paid time off days, 2 Hiscox Days, 10 paid holidays, and ability to purchase 5 PTO days 

• Paid parental leave 

• 4-week paid sabbatical after every 5 years of service 

• Financial Adoption Assistance and Medical Travel Reimbursement Programs 

• Annual reimbursement up to $600 for health club membership or fees associated with any fitness program 

• Company paid subscription to Headspace to support employees’ mental health and wellbeing 

• Recipient of 2024 Cigna’s Well-Being Award for having a best-in-class health and wellness program