Lead Statutory Accountant (Hybrid - Troy, MI) - Health Alliance Plan

General Summary:

The Lead Statutory Accountant, working in a hybrid environment, is primarily responsible for the preparation of statutory financial reports. This role requires in-depth research and reference to documented procedure manuals to ensure all phases of statutory reporting are completed in compliance with state filing requirements, statutory accounting principles, and NAIC guidance. A thorough understanding of US GAAP is also required.

PRINCIPLE DUTIES AND RESPONSIBILITIES:

• Lead preparation of recurring state/federal/corporate filings:
  
  
  
  • Quarterly and annual statutory insurance filings and assist with other related filings as needed
  • Statutory accounting reporting of investments securities and income
  • Monthly financial statement preparation (journal entries, account reconciliations and analytical schedule)
  • Statutory filing software, upgrades, and maintenance
  
  
  
  
• Coordinate with various departments in order to obtain required data necessary to complete filings.
• Monitor changes in statutory accounting principles and reporting regulations to ensure compliance.
• Draft required footnotes and prepare detailed supporting documentation for both statutory and US GAAP reporting purposes.
• Collaborate with HAP Finance Management and external auditors to ensure timely and accurate completion of annual filings.
• Coordinate with investment custodians and treasury department staff to ensure accurate GAAP and statutory accounting of investment securities and income.
• Ensure the Accounting department accurately prepares statutory insurance filings in accordance with applicable reporting standards.
• Assist the Manager with analysis of investment income, amortization, purchases, sales, and reconciliations for both short- and long-term investments.
• Work with teams cross-functionally.
• Perform other duties as assigned by Finance Management.