What are the responsibilities and job description for the Senior Accountant position at Physicians Mutual?
At Physicians Mutual, we are committed to protecting the financial security of our policyowners through strong financial stewardship, accuracy, and compliance. We are seeking a Financial Reporting Accountant to support statutory reporting, regulatory filings, and core accounting operations across our insurance products.
This role is ideal for an accounting professional who enjoys working in a regulated environment, managing detailed financial reporting, and contributing to the integrity of company financials.
RESPONSIBILITIES:
Financial & Accounting Operations
- Review general ledger trial balances and ensure accounts are in balance through reconciliations and supporting documentation
- Prepare and review workpapers, reconciliations, trial balances, and adjusting entries required for financial reporting
- Verify accuracy of financial data received from internal departments, investment managers, and custodians
- Assist Internal Audit by preparing schedules and workpapers for external auditors and state examiners
Reconciliation & General Ledger Oversight
- Reconcile asset, liability, income, and expense accounts and resolve discrepancies
- Partner with internal teams to address recurring reporting or system-related issues
- Ensure timely completion of all reconciliations and correcting entries
Regulatory Reporting & Compliance
- Prepare and process premium tax filings across all 50 states for multiple entities, including annual returns, estimated payments, and monthly accruals
- Manage unclaimed property (escheat) processes, including semi-annual filings, due diligence notifications, and coordination with policyholders and businesses prior to remittance
- Ensure accuracy in regulatory reporting by reconciling systems and general ledger activity to prevent duplicate reporting or payments
- Stay current on changes in regulatory and tax requirements and ensure compliance
Fixed Assets & Reporting
- Maintain fixed asset accounting, including tracking additions, disposals, and depreciation schedules
- Run scheduled reporting and ensure accurate recording of asset activity
QUALIFICATIONS:
- Bachelor’s degree in Accounting, Business Administration, or equivalent experience
- 3–5 years of accounting experience in insurance, financial services, or public accounting
- Knowledge of the insurance industry is helpful. Coursework toward professional designation (CPA, CMA, MBA, FLMI) preferred
- Demonstrates experience with reconciliations, and regulatory reports
- Advanced proficiency in Microsoft Excel and Word, and experience with general ledger
- Working knowledge of reporting systems such as Blackline, Workday, Tritech, and FSI is preferred
- Strong analytical, organizational, and problem-solving skills
- Ability to manage multiple priorities and meet strict deadlines
What Sets You Apart
- High attention to detail and commitment to accuracy
- Strong understanding of regulatory environments and compliance requirements
- Ability to identify discrepancies and proactively resolve issues
- Motivation to improve processes and strengthen internal controls
- Strong communication skills and ability to collaborate across teams
About Us
Health. Life. Retirement. The Physicians Mutual family empowers people from all walks of life to enjoy the financial security they deserve. That’s what Insurance for all of us® is about.
The Physicians Mutual family includes Physicians Mutual Insurance Company, Physicians Life Insurance Company and Physicians Select Insurance Company. Physicians Mutual offers reliable dental and supplemental health insurance, and pet insurance. Physicians Life provides important life insurance, Medicare Supplement insurance and coverage for funeral pre-planning. Physicians Select Insurance Company additionally offers exclusive Medicare Supplement insurance.
Since our start in 1902, our dedication to delivering on our promise has helped make us one of the nation’s leading health and life insurance providers. In fact, we are rated in the top 1% of insurance companies. We consistently maintain some of the highest financial strength ratings in the nation from independent insurance analysts, including A.M. Best Company and Weiss Ratings, ensuring we’ll be there for our policyowners and our employees far into the future.
But the achievement we’re most proud of? We have a 95% customer satisfaction rating — a true sign of a company dedicated to embodying its vision.