VP Financial Reporting

Posted: Tuesday, 16 April 2024
Valid Thru: Thursday, 16 May 2024
Index Requested on: 04/16/2024 19:49:08
Indexed on: 04/16/2024 19:49:08

Location: CINCINNATI, OH, 45202, US

Industry: Consumer Services
Occupational Category: 13-0000.00 - Business and Financial Operations
Type of Employment: FULL_TIME

Core Specialty Insurance Services, Inc. is hiring!

Description:

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As VP Financial Reporting, you will be responsible for leading the P& C Accounting Team in:

● Preparing P& C insurance underwriting financial results and internal communications thereon

● Preparing all STAT reports and filings for the StarStone insurance entities

● Supporting the external auditor in their audit of STAT financials

● Ensuring the maintenance of an effective control environment around financial reporting & operational processes

● Providing results analysis and reporting to Division Presidents

Key Accountabilities:

  • Prepares timely and accurate accounting of the P& C insurance business, including loss and loss reserves

  • Provide timely internal reporting of P& C divisional financial results and external STAT reporting

  • Liaise with Divisional leadership to ensure they have an appropriate understanding of their financial results

  • Lead the coordination of external auditing and the audited statutory financial statements.

  • Ensure compliance with Department of Insurance and NAIC financial regulations/promulgations

  • Maintain a strong control environment over financial reporting, identify emerging risks and support the testing thereof

  • Lead the P& C Accounting Unit in the transformation of business processes

  • Provide strong ad hoc financial and business decision support as needed

Technical Knowledge:

  • Excellent written and verbal communication skills

  • Excellent organizational and analytical skills

  • Excellent financial acumen

  • Ability to prioritize responsibilities and manage time effectively

Experience:

  • Bachelor' s degree in Accounting or related fields strongly preferred

  • Certified Public Accountant (CPA) desired

  • 10+ years of progressive experience in insurance accounting roles; P& C experience preferred

  • 5+ years of experience managing a team

  • Thorough understanding of statutory financial reporting requirements, preferably specific to P& C

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At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program

Responsibilities:

Please review the job description.

Educational requirements:

  • high school

Desired Skills:

Please see the job description for required or recommended skills.

Benefits:

Please see the job description for benefits.

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