Insurance Finance Analyst

Vantage Risk CompaniesChicago, IL
8h$75,000 - $95,000Hybrid

About The Position

At Vantage, the Insurance Finance Analyst is a member of the insurance finance team. This position will assist with all accounting activities for the Company’s insurance segments. Additionally, the Insurance Finance Analyst will assist with GAAP and STAT reporting responsibilities, design and execution of the control framework, and tactical process improvement initiatives. This is an exciting opportunity for a dynamic self-starter who can be successful in a fast-paced environment, is able to balance multiple daily priorities, and is excited to be exposed to all aspects of commercial (re)insurance. You will be a part of a highly collaborative team where your contribution is crucial to the ambitious goals of this fast-growing Specialty Insurance and Reinsurance carrier. We’re looking for someone who is relentlessly curious, energized by continuous learning, and eager to dive into new challenges as the business evolves.

Requirements

  • Bachelor’s degree in Accounting or Finance required or equivalent professional experience.
  • Prior experience in accounting at a Property/Casualty Insurer.
  • US GAAP and Statutory basis accounting knowledge.
  • Experience with preparing US GAAP and/or US Statutory financial statements and footnotes.
  • Strong analytical and problem-solving skills.
  • Highly detail-oriented and organized.
  • Excellent communication skills.
  • Self-starter – self-motivated.

Nice To Haves

  • Ceded Reinsurance accounting experience preferred but not required.

Responsibilities

  • Actively participate in the monthly and quarterly close process, to include preparing detailed monthly and quarterly journal entries and variance analysis and account reconciliations.
  • Prepare monthly and quarterly ceded reinsurance statements.
  • Prepare treaty, FAC, and proportional calculations, entries, billing, receipts, and disbursements.
  • Assist in the preparation of financial statements and related footnotes.
  • Prepare and maintain the appropriate level of workpapers and process & control documentation.
  • Improve documentation and streamline processes around month-end/quarter-end close.
  • Liaise with external and internal audit team. Coordinate with various departments across the firm to gather audit support.
  • Support special project work and perform ad-hoc analysis as needed.

Benefits

  • Vantage offers its colleagues performance-based bonus potential, strong health & welfare benefits, retirement plans with company match, competitive time off plans, a highly flexible work environment, and much more.
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