Job Listing: Statutory Accounting Mgr $B Int’l Insur Co

One of Atlanta's International Insurance Companies is looking to further develop the career of a Statutory Accounting Manager. With over $15B in assets in 2008 and 700+ people located in offices around the world (i.e. United States, Europe, Australia and Asia), the Company has at times doubled in size over the last 9 years.

What has made them successful has been that their corporate and underwriting structure, which is embedded with modern procedures and state of the art technologies. Their proprietary operating platform is not only unique but also provides a definitive competitive advantage. They provide worldwide coverage for property, marine, terrorism, aviation, political risk, credit risk, liability and professional lines.

The Company has received an "A" rated by A.M. Best and Standard & Poor's for its claims paying ability.

The main duty of the Statutory Accounting Manager is the preparation and management of all aspects surrounding statutory accounting and reporting, for various licensed divisions of the Company. Other duties include:
" Maintain and control the STAT general ledger including, posting of statutory adjusting entries, balancing of accounts and accuracy of financial results in accordance with established policies and procedures.
" Monitors STAT surplus adequacy, including the preparation of RBC.
" Prepare and analyze quarterly and annual STAT statements.
" Performs complex reconciliations.
" Perform review of account reconciliations.
" Respond to miscellaneous requests from state insurance departments.
" Prepare statutory financial statements in accordance with NAIC Codification and state prescribed and permitted practices.
" Assist with the preparation of all statutory filings for insurance companies including, but not limited to: quarterly statements, annual statements, combined annual statements, insurance expense exhibits, investment risk interrogatories, combined insurance expense exhibit, management discussion and analysis, stat audit reports, and risk based capital.
" Prepare supplemental exhibits such as the New York Supplement.
" Interface with all departments to ensure proper data capture to comply with requirements for annual and quarterly filings.
" Research statutory accounting issues to ensure compliance with the NAIC Accounting Practices and Procedures Manual and state proscribes and permitted practices.
" Provide direction and leadership to accountants.
" Special projects and other duties as assigned.