Description

Independence Pet Group® (IPG) is one of North America’s largest pet insurance and services organizations. Our impressive family of brands (PetPartners, Figo, Pethealth, IAIC) supports insurance for more than 600,000 pets in the U.S. and Canada and provides well-being, safety, resources, and business solutions to the pet industry, including microchip identification and an online pet registry.

Job Summary:

This hybrid position will perform program accounting duties, financial statement, and Statutory Statement preparation support. Independence American Insurance Company is licensed to write Property Casualty including Pet Health, and Human Health. The accounting responsibilities of the department are to file with various government bodies, record insurance transactions and reinsurance transactions, apply general accounting, and process payments as needed.

Job Location: Remote work is not available in AK, MT, HI (US) and Quebec, Nunavut, NW Territories, Yukon (Canada)

Main Responsibilities:

• Prepare or review and substantiate Reconciliation for Bank, Claim fund, Funds Held, Lease Schedule, Fixed Assets, and other Balance sheet and expense accounts
• Assist in Monthly closing and reporting. Perform daily banking responsibilities including but not limited to positive pay, general banking, daily booking of bank activity, miscellaneous check clearing differences, check printing, check request, and check deposits
• Program accounting including tracking and maintaining detailed supporting work-papers, and recording transactions. Incoming data from administrator should be checked for reasonability, and questions should be asked. Applicable reinsurance shall be applied, including Funds Held tracking and reporting
• Work with Administrators to help them setup and maintain their reporting process
• Manage complex accounting tasks to ensure we are getting everything we need from all parties and ensure the task is completed
• Review contracts, and subsequently ensure they are implemented
• Set up premium accruals and reserves, while verifying that source data ties to the ledger
• Assist with some Statutory Annual/Quarterly statement preparation, including but not limited to the Supplemental Accident and Health exhibits, Schedule F/S, Schedule T, and Schedule H. This role will need to work with others to ensure he/she is getting all necessary detailed data to complete the assigned components of the statement
• Assist with or review the completion of state filings, forms, tax returns, including necessary payments to states if applicable
• Research and respond to state requests, or questions and maintain relationship with the state insurance departments
• Maintain detailed checklist of filling deliverables and deadlines
• Research reconciliation differences that occur as part of the program accounting process
• Prepare financial statement to work paper support reconciliations
• Assist with commission accruals, billing, and payments
• Assist in various new projects, analysis, and similar job-related duties as needed and perform all other job functions necessary for the proper management of the department

Qualifications

Qualifications:

• Bachelor’s degree in Accounting

• Two plus years accounting experience of short-term insurance accounting (accident, health or property) or equivalent combination of education and experience
• Excellent PC skills and proficient in MS Office (Word, Excel, Outlook) specifically Excel
• Detail-oriented with excellent organization skills
• Good problem-solving and time management skills
• Must be proficient in and have working knowledge of general ledger transactions and financial statement preparation

Benefits:

All of our jobs come with great benefits including healthcare, parental leave and opportunities for career advancements. Some offerings are dependent upon the location of where you work and can include the following:

• Comprehensive full medical, dental and vision Insurance
• Basic Life Insurance at no cost to the employee
• Company paid short-term and long-term disability
• 12 weeks of 100% paid Parental Leave
• Health Savings Account (HSA)
• Flexible Spending Accounts (FSA)
• 401(k) savings plan
• Personal Paid Time Off
• Ten holidays and company-wide Wellness Day off
• Paid time off to volunteer at nonprofit organizations
• Pet friendly office environment
• Commuter Benefits
• Group Pet Insurance
• On the job training and skills development
• Employee Assistance Program (EAP)