Financial Reporting Accountant

**This is an on-site position located in Roslyn, NY**

Position Summary: We are seeking a motivated and detail-oriented Financial Reporting Accountant to join our Finance team, with a specialized focus on loss and claims accounting. This individual will play a key role in the accurate recording, reconciliation, and reporting of insurance liabilities including paid losses, case reserves, and IBNR/bulk reserves on a direct, ceded, and assumed basis. This role will work cross-functionally with Claims and Actuarial departments to ensure timely and accurate financial insight and support.

The ideal candidate brings a strong foundation in accounting or audit, a keen analytical mindset, and a desire to develop into a subject matter expert in insurance financials. Prior insurance experience is preferred but not required.

Essential Duties & Responsibilities:

• Prepare and record journal entries related to loss activity (paid, case, and IBNR) across direct, ceded, and assumed lines of business.
• Assist with the development and maintenance of internal schedules for loss triangles, development analyses, and statutory reporting requirements.
• Support the monthly and quarterly close process by reconciling loss-related general ledger accounts and preparing supporting schedules.
• Help support internal and external audit processes related to loss accounting, including providing backup and walk-throughs.
• Partner with the Claims and Finance Operations to track, validate, and reconcile paid losses and reserve activity.
• Collaborate with the Actuarial team on quarterly reserve analysis and ensure consistency across departments.
• Contribute to the preparation of financial statement footnotes and regulatory filings (e.g., Schedule P, Part 1-4) as needed.
• Support process improvement initiatives to enhance reporting accuracy, workflow automation, and cross-functional collaboration.
• Play a pivotal role in the preparation of the company’s quarterly and annual statements including all required disclosures, supporting schedules, and internal communication packages.
• Actively involved with audit preparations and building out processes, procedures, and controls to ensure compliance with appropriate statutory accounting principles and regulatory requirements.
• Collaborate with IT Department to streamline and automate processes when possible.
• Perform additional tasks as assigned by management.

Education & Qualifications:

• Bachelor’s degree in accounting or related field required.
• Certified Public Accountant (CPA) designation or MBA is a plus.
• 2–5 years of experience in public accounting or corporate accounting; insurance industry experience is a plus.
• Strong understanding of US GAAP; familiarity with statutory accounting principles is an advantage.
• Experience with general ledger, journal entry preparation, monthly, quarterly, and annual close processes.
• Demonstrated ability to work with large data sets and perform reconciliations with accuracy and clarity.
• Excellent oral, communication, and time management skills.
• Demonstrate analytical, problem solving, and critical thinking capabilities.
• Strong skills in Microsoft Suite, especially Excel.
• Experience with Sage Intacct is preferred.

The actual compensation for this position will be determined by experience and other factors permitted by law.