Accountant

Hastings Insurance is currently looking for an Accountant to join its Financial Services team! The individual in this role will prepare, review, analyze, and maintain financial data and records ensuring that all are reported in accordance with statutory and GAAP accounting principles and management guidelines for the company and its charitable foundation.

Position Location & Schedule Details

• This is a full-time, exempt (salaried) position, typically working Monday - Friday from 8:00 a.m. to 4:30 p.m.

• Employees must be able to work at our Hastings, MI corporate headquarters, in a hybrid capacity consisting of weekly in-office and remote (from home) based work.

Position Duties & Responsibilities

• Prepares, reviews, analyzes, and maintains, timely and accurately, financial data in accordance with statutory accounting principles and management guidelines in the areas of premiums, investments, fixed assets, reinsurance, losses, expenses, and state and federal taxes.

  • Prepares and posts journal entries and verifies the accuracy of the general ledger to source documents. An independent accounting firm, the State of Michigan, the Internal Revenue Service, rating agencies, and internal personnel also audit the general ledger accounts.

  • Researches, prepares, and analyzes control reports for use by management in explaining the financial condition of the Company to the Board of Directors, policyholders and other interested parties.

    • Prepares financial highlights and electronic financial presentations for the Board of Director meetings.

  • Researches, prepares, and files all necessary National Association of Insurance Companies (NAIC), city, state, and federal reports to comply with laws and regulations.

  • Manages cash to maximize invested funds and profitability. Timely transfers and accurate calculations are essential to this function.

  • Prepares documentation and supports corporate planning, Weiss Ratings, AM Best rating, and Management’s Discussion and Analysis.

  • Responsible for controls and identifying, analyzing, and presenting information to management of unusual financial activity, account variances, and unethical behavior.

  • Researches and prepares the statutory premium assessment.

  • Performs various industry-wide comparisons of financial data.

• Participates in Accounting and Company-related projects.

  • These may be assigned by the Accounting Manager, or senior management or initiated from personal experience.

  • Includes participation in corporate planning and working with project managers to forecast and track expenses and cash flows and analyze plan-to-actual variances.

• Collaborates and verifies a variety of financial information from internal and external sources.

  • Provides training and technical assistance to Company personnel as needed.

• Keeps historical accounting records organized, ensuring that all information is available on short notice and meets the established retention schedule.

• Adheres to assigned diary deadlines and maintains assigned electronic documents.

  • Reviews and signs off on monthly reconciliations of Accounts Payable and Accountant staff members.

• Actively participates in professional development, i.e. continuing education or self-improvement.

• Other duties as assigned by leadership, either verbally or in writing.

Candidate Requirements & Qualifications

• A bachelor’s degree in Accounting or a related field is required, however equivalent experience in lieu of a degree will be considered.

• Statutory insurance accounting experience is highly preferred.

• Demonstrated mathematical aptitude and calculator skills.

• Excellent verbal and written communication skills.

• Demonstrated PC skills including proficient use of Microsoft Office products.

About Us

At Hastings Insurance, our balanced corporate strategy focuses on implementing emerging technologies, cultivating strong independent agency relationships, and providing the right products to our policyholders. We seek to strategically grow our product lines and continue to expand geographically while maintaining our financial stability and innovative nature.

Our talented employees are dedicated to providing excellent customer service to our agent partners and policyholders. Many of our employees have been identified as industry experts, and we value the knowledge and skills they contribute to our success.\

For more than 135 years, Hastings has helped our customers protect their valued assets and rebuild after devastating losses. We are proud to be rated an A (Excellent) insurance carrier by A.M. Best Company.

Our Commitment as an Employer

We value the strength of a diverse and inclusive workforce. Hastings Insurance is committed to providing equal opportunity for all employees and candidates in a work environment that does not tolerate discrimination or harassment. Decisions related to employment are based on business needs, position requirements, and individual characteristics without regard to appearance, nationality, origin, race, color, religion, gender, sexual orientation, age, body, disability, veteran status, family, marital status, or any legally protected class.

Hastings Insurance seeks to provide reasonable accommodation to disabled individuals in the hiring process in compliance with federal, state, and local law. Candidates requiring accommodation to complete their job application or participate in the interviewing process are asked to notify the Talent Acquisition Specialist or contact us at 800-442-8277.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.