Statutory Accountant

Independence Pet Group® (IPG) is one of North America’s largest pet insurance and services organizations. Our impressive family of brands supports insurance for more than 1,000,000 pets in the U.S. and Canada and provides well-being, safety, resources, and business solutions to the pet industry, including microchip identification and an online pet registry.

IPG’s mission is to strengthen the unique bond between pets and their people through our family of innovative products and services. We understand how important pets are: they’re family. Our pack of 1,200 team members embodies a shared passion for positively impacting the lives of our four-legged friends.

Job Summary: Prepares and/or reviews and substantiates reconciliations for bank, claim fund, funds held, lease schedule, fixed assets, and other balance sheet and expense accounts.

Main Responsibilities

Responsible for a wide array of routine to complex corporate accounting reporting and analysis. Prepares journal entries in accordance with STAT and GAAP principles. Assists with investment accounting and investment guidelines Assists with capital modeling and rating agency calculations and reporting. Assists with preparation of GAAP and/or STAT reporting and closing processes. Assists with specialized Statutory schedules including, but not limited to, supplemental accident and health exhibits, Schedule F/S, Schedule T, and/or Schedule H. Prepares and analyzes claim data and reserving workpapers to determine adequacy of reserving using claim development tables and to identify inconsistencies in the data files. Prepares and analyzes financial data to ensure accuracy and provide commentary on financial results to improve decision making and financial performance based upon qualitative and quantitative trends. Manages and implements reinsurance contracts and determines which areas of the business are not performing in accordance with plan. Analyzes incoming policy level data files from administrators, questions and investigates discrepancies when needed. Tracks and maintains detailed supporting work papers, and records transactions. Prepares and substantiates reconciliation for bank accounts, claim fund, funds held, lease schedule, fix assets, and other balance sheet and expense accounts. Documents policies, procedures, and workflow for assigned areas of responsibility. Assists with external and regulatory reviews, audits, and examinations, as needed. Researches and responds to state requests or questions. Maintains relationships with the state insurance departments. Assists with the completion of state filings, and forms. Ensures all premium tax and related payments are made timely.

Qualifications

Bachelor’s Degree or equivalent work experience (One-year relevant experience is equivalent to one-year college).Role is hybrid - 2 days per week in NYC office

All of our jobs come with great benefits including healthcare, parental leave and opportunities for career advancements. Some offerings are dependent upon the location of where you work and can include the following:

Comprehensive full medical, dental and vision InsuranceBasic Life Insurance at no cost to the employeeCompany paid short-term and long-term disability12 weeks of 100% paid Parental LeaveHealth Savings Account (HSA)Flexible Spending Accounts (FSA)Retirement savings planPersonal Paid Time OffPaid holidays and company-wide Wellness Day offPaid time off to volunteer at nonprofit organizationsPet friendly office environmentCommuter BenefitsGroup Pet InsuranceOn the job training and skills developmentEmployee Assistance Program (EAP)