Director, Premium Accounting
Our client, a Leading P&C Insurance Firm, is seeking an experienced and dynamic Director of Premium Accounting to join their team. The successful candidate will be responsible for leading a large team overseeing all premium accounting functions, ensuring accuracy and compliance with industry standards and regulations. This role requires a strategic thinker with strong leadership skills and a deep understanding of P&C insurance accounting practices.
Key Responsibilities:
- Ensure accurate and timely recording of premium transactions in accordance with GAAP and statutory requirements.
- Develop and implement accounting policies and procedures to enhance efficiency and accuracy.
- Collaborate with other departments to ensure seamless integration of premium accounting processes.
- Prepare and review financial statements, ensuring compliance with regulatory requirements.
- Lead the development and implementation of automated accounting systems and processes.
- Provide strategic financial guidance to senior management.
- Monitor and analyze key financial metrics to identify trends and opportunities for improvement.
- Manage internal and external audits related to premium accounting.
- Mentor and develop team members, fostering a culture of continuous improvement and professional growth.
Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field
- CPA, CFA or equivalent certification preferred, but not required
- Minimum of 10 years of experience in accounting, with at least 5 years in a leadership role within the P&C insurance industry.
- Strong knowledge of GAAP, statutory accounting principles, and insurance regulations.
- Proven experience in managing and developing high-performing teams.
- Excellent analytical, problem-solving, and decision-making skills.
- Strong communication and interpersonal skills.
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