Accounting Director, Summit Reinsurance Services, Inc.
BlueCross BlueShield of South CarolinaAbout the role
Summary
Description
Why should you join the BlueCross BlueShield of South Carolina family of companies? Other companies come and go, but for more than seven decades we’ve been part of the national landscape, with our roots firmly embedded in the South Carolina community. We are the largest insurance company in South Carolina … and much more. We are one of the nation’s leading administrators of government contracts. We operate one of the most sophisticated data processing centers in the Southeast. We also have a diverse family of subsidiary companies that allows us to build on a variety of business strengths. We deliver outstanding service to our customers. If you are dedicated to the same philosophy, consider joining our team!
Position Purpose:
As a member of the Summit Re leadership team, you will lead all aspects of developing and implementing accounting policies and operations of accounting systems, budgeting, and financial reporting. You will also direct accounting operations, which includes providing guidance over proper application of generally accepted accounting principles (GAAP), accounting for non-routine transactions, and managing the workflow of accounting staff to meet established deadlines and adherence to controls.
Logistics: This open position is within one of our subsidiary companies called Summit Reinsurance Services, Inc. (Summit Re) located in Fort Wayne, IN and Roseville, MN. Summit Re is a managing underwriter that specializes in catastrophic medical excess of loss coverage, with an emphasis on managed care. Summit Re’s vision is to be the recognized leader and trusted partner providing innovative risk management solutions for entities bearing healthcare risk which include employers, HMO’s, provider groups, captives and other insurance companies.
Location:
This is a full-time position (40-hours/week) Monday-Friday 8:00am – 5:00pm working on-site at 6920 Pointe Inverness Way Suite 140 Fort Wayne IN 46804 or onsite in Roseville, MN 55113 with the potential to work a hybrid schedule (3 days in office, 2 days w@h).
Internal candidates who are currently working remote may continue to work remotely. Internal candidates working in office must work in office with the potential to work hybrid.
What You’ll Do:
Serve as primary decision maker accountable for accounting functions
Managing the monthly, quarterly and/or year-end processes for the business unit
Comply with internal control requirements as well as direct the preparation of accounting entries and the reconciliation of accounts
Uses professional accounting concepts and internal company policies to solve complex accounting issues
Direct the preparation and delivery of monthly bordereaux closes for all markets and forwards appropriate reporting to carrier/reinsurer partners
Oversee execution of financial reporting processes and prepare management financial reporting packages and executive summary schedules for support areas
Be the liaison for audits and review process, which includes preparing financial statements and applicable supporting audit/review schedules
Collaborate with other areas and teams to address projects, budgets, develop policies, procedures, and controls, and align resources to meet department needs
Lead the overall relationships with outside agencies and regulators, vendors, and other management or business areas
Provide leadership, mentorship, an
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