VP Financial Reporting

Core Specialty · Cincinnati, OH

Company

Core Specialty

Location

Cincinnati, OH

Type

Full Time

Job Description

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

• 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

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

Date Posted

04/20/2024

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