Policy Accounting Consultant

Job Number: 26-01245

Find your next opportunity in the Financial Services Industry. ECLARO is looking for a Policy Accounting Consultant for our client in Overland Park, KS.

ECLARO's client is one of the largest mutual life insurance companies and provides long-term care insurance, mutual funds and retirement-plan services across the US. If you’re up to the challenge, then take a chance at this rewarding opportunity!

Position Overview:

• The Policy Accounting Consultant will support the Policy Accounting team, which is responsible for the oversight, reconciliation, certification, and reporting of daily, monthly, and annual policy accounting activity.
• The ideal consultant is highly organized, detail-oriented, and analytical, with strong reconciliation experience and a demonstrated ability to work collaboratively across teams.
• This role will assist with daily accounting processes, month-end close activities, audit support, reporting, and special projects.
  
  

Responsibilities:

• Daily Reconciliation and Accounting Activities:
• Run Tableau reports and review policy-level accounting activity for completeness and accuracy by performing daily reconciliations for the following: Premiums, Separate Account Activity, Units, Commissions, NACHA Transactions, Loan Payments.
• Update and validate asset-based service fee payments maintained in a Microsoft Access database.
• Maintain the audit log for policy disbursements, including Surrenders, death claims, withdrawals and loans.
• Research reconciliation differences and work with appropriate business partners to resolve outstanding items.
• Ensure reconciliation results, explanations, and supporting documentation are complete and maintained in accordance with audit requirements.
• Assist Policy Accounting team members with special projects and other accounting activities as needed.
• Month-End Close Activities:
• Prepare general ledger journal entries.
• Upload journal entries to the SAP general ledger accounting system.
• Reconcile monthly balance sheet accounts, including surrender clearing and Death Course of Settlement.
• Prepare and distribute scheduled accounting and operational reports.
• Support the timely and accurate completion of month-end close requirements.
  

Required Skills:

• Experience with debit and credit transactions and a strong understanding of accounting principles.
• Proven account reconciliation experience, with the ability to identify and resolve discrepancies accurately and efficiently.
• Ability to work effectively in a collaborative team environment while maintaining strong independent work habits.
• Demonstrates curiosity, initiative, and adaptability, with the capability to learn new processes and take on additional responsibilities as needed.
• Reliable team player who can cross-train and provide coverage for colleagues during PTO and other absences, ensuring continuity of operations.
• Strong reconciliation, analytical, and problem-solving skills.
• Advanced Microsoft Excel skills.
• Insurance, life insurance, or policy accounting experience is a plus.
• Strong attention to detail and organizational skills.
• Ability to manage multiple priorities and meet established deadlines.
• Ability to work independently while contributing effectively in a team environment.
• Strong written and verbal communication skills.
  
  

If hired, you will enjoy the following ECLARO Benefits:

• 401k Retirement Savings Plan administered by Merrill Lynch
• Commuter Check Pretax Commuter Benefits
• Eligibility to purchase Medical, Dental & Vision Insurance through ECLARO
  
  

If interested, you may contact:

Carlo Flores

Carlo.Flores@eclaro.com

646-695-2934

Carlo Flores | LinkedIn

Equal Opportunity Employer: ECLARO values diversity and does not discriminate based on Race, Color, Religion, Sex, Sexual Orientation, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status, in compliance with all applicable laws.