Accountant

Old Republic Bitco is seeking an Accountant to join our Home Office located in Davenport, IA.  As a respected specialty insurer with 11 branch offices across 10 states, OR Bitco delivers tailored insurance solutions to complex industries such as construction, forest products, and oil and gas.

This position is open to hybrid work arrangement, blending flexibility with meaningful in-person collaboration.

At OR Bitco, our work is guided by core values. We care deeply about our people, partners, and customers. We are committed to excellence and accountability. We deliver on our promises with integrity and precision, and we strive to make a meaningful impact in everything we do. These values drive our mission to protect the people and industries that keep America running.

Join the OR Bitco team and be part of a workplace built on collaboration, open communication, and a positive culture that supports growth and success. If you are passionate about operational excellence and ready to make a measurable impact within a growing, industry-leading organization, OR Bitco offers the platform and challenge you have been seeking.

Position Summary:

In this role, you’ll be a key member of the Accounting team, responsible for preparing, analyzing, and reporting financial information to support internal management, external reporting, audit, and regulatory requirements. You’ll play a key part in maintaining the integrity of the Company’s financial records through accurate accounting, reconciliations, financial analysis, and reporting in accordance with Statutory Accounting Principles (SAP), U.S. GAAP, and Company policies. This role supports Property & Casualty insurance accounting activities and is expected to identify opportunities for process optimization, automation, enhanced controls, and operational excellence.

Primary Responsibilities: 

• Prepare, review, reconcile, and analyze general ledger accounts, journal entries, and supporting schedules.
• Support monthly, quarterly, and annual financial close activities.
• Prepare statutory and GAAP financial reports, schedules, and regulatory filings.
• Support accounting for premiums, loss adjustment expenses, reinsurance, investments, and intercompany transactions.
• Analyze financial results, trends, fluctuations, and key business metrics.
• Lead or participate in process improvement, automation, and transformation initiatives.
• Develop and maintain process documentation, procedures, and control narratives.
• Support audits, regulatory examinations, and compliance initiatives.
• Maintain and strengthen internal controls and COSO-based control activities.
• Partner with Treasury, Claims, Underwriting, Billing, IT, and Operations teams.
• Prepare ad hoc financial analyses and management reporting.
• Perform other duties and special projects as assigned.

Qualifications:

Education

• Bachelor’s degree in accounting, Finance, or related field.

Experience

• 3 years of progressive accounting experience.

Knowledge & Skills

• Strong knowledge of U.S. GAAP and financial reporting principles.
• Property & Casualty insurance experience preferred but not required
• Knowledge of Statutory Accounting Principles (SAP) preferred.
• Advanced Microsoft Excel and financial systems experience.
• Strong analytical, problem-solving, and communication skills.
• Ability to work independently and manage multiple priorities.

Work Environment & Physical Requirements:

• Must be legally authorized to work in the United States
• Office environment; this position is eligible for a hybrid work schedule, as directed by manager
• Frequently sit at a desk or other workstation for extended periods of time
• Occasionally lift and carry equipment and/or materials weighing up to 15 pounds
• Routinely bend, kneel, reach, see, be mobile, and walk around
• Must be able to attend and perform job duties effectively both in-person and virtually, as required by manager
• Travel – minimal to none

Benefits: 

• Competitive salary paired with a comprehensive benefits package
• Generous paid time off, plus 12 paid holidays annually
• Comprehensive health coverage, including medical, dental, and vision plans
• Additional protection through accident, critical illness, and hospital indemnity insurance
• Company-paid life insurance equal to 2× annual salary
• Company-paid short-term and long-term disability coverage
• 401(k) Savings and Profit-Sharing Plan through Old Republic
• Ongoing education, training, and professional development opportunities
• Support for industry certifications and insurance designations, including financial assistance
• Opportunities to give back through corporate philanthropy and community service initiatives
• Optional benefits including travel, commuter, and pet insurance
• Employee wellness support through a dedicated fitness program