Oliver James is seeking a highly skilled Director of Accounting Policy for a key need within one of Chicago's most prominent insurance carriers. This position requires a CPA, strong technical accounting experience within the insurance industry and the ability to seamless partner with key executives across the business.
Director of Accounting Policy
Location: Chicago, IL
Company Type: Insurance Carrier
Position Type: Full-Time, Permanent
Reports To: AVP
About The Role
We are working with a highly respected Fortune 500 carrier in search of a Director of Accounting Policy. This is an exciting opportunity to join a dynamic team shaping the organization's forward looking accounting policy function. Successful candidates will come with strong fundamental accounting knowledge (GAAP/STAT), previous Big 4 audit experience, and have a demonstrated track record of leading technical accounting projects within the insurance industry.
Company Type: Insurance Carrier
Position Type: Full-Time, Permanent
Reports To: AVP
About The Role
We are working with a highly respected Fortune 500 carrier in search of a Director of Accounting Policy. This is an exciting opportunity to join a dynamic team shaping the organization's forward looking accounting policy function. Successful candidates will come with strong fundamental accounting knowledge (GAAP/STAT), previous Big 4 audit experience, and have a demonstrated track record of leading technical accounting projects within the insurance industry.
Position Responsibilities:
- Build strong relationships with senior business leaders across the organization by contributing effectively to accounting policy discussions that drive business value.
- Update, review and manage accounting policies supporting compliance with US GAAP and Statutory Accounting Principles. Review all amendments to support new transactions and any changes in the business as applicable.
- Monitor developments in accounting guidance by the FASB and NAIC to ensure that the Company is aware of any emerging or approved changes that will impact the Company.
- Coordinate and oversee the establishment of the company's overall accounting policy manual (including the management of external consultants that may assist in this process).
- Monitor, update and manage the resolution of the quarterly technical issues which are presented to senior leadership.
- Review and/or draft technical accounting memos specific to new or complex transactions (such as acquisitions or reinsurance arrangements).
- Coordinate and collaborate with business units and key stakeholders to discuss accounting technical issues, perform research, provide guidance and review or draft technical accounting memos.
- Collaborate with external auditors for review of accounting technical memos.
Position Requirements:
- CPA
- Bachelor's Degree in Accounting
- 7+ years of public accounting experience
- Solid understanding of Statutory Accounting Principles and US GAAP
- Insurance industry experience
- Experience researching and evaluating accounting technical topics, writing accompanying memos
- Ability to effectively navigate organizational matrix and complexities in order to support the business with high quality deliverables
- Ability to work a hybrid schedule requiring weekly reporting to the Chicago office
