What are the responsibilities and job description for the Accountant II position at Horace Mann?
Accountant II
Horace Mann Insurance
Madison, WI (Hybrid - 1-2x per week)
Full Time, Benefit Eligible
Job Summary:
Horace Mann is a purpose-driven company that is passionate about educators. Our Madison, WI team is looking to add an Accountant II to their Supplemental and Group Benefits segment. This particular segment specializes in life, disability, and supplemental insurance. As an Accountant II, you will be responsible for performing accounting control-related functions as well as financial reporting activities related to the group accident and health, as well as the individual life and annuity insurance products. This position will work with state insurance agencies, internal and external business partners, and other Horace Mann subsidiaries on various activities which are outlined below.
Key Areas of Impact Include:
Your expertise will be vital in shaping the financial health of Horace Mann while supporting its mission of empowering educators through innovative insurance solutions.
- Ledger Management: Prepare and record monthly general ledger entries focused on insurance activities and reserves to maintain financial accuracy.
- Settlement Coordination: Request and process monthly settlement payments with third-party administrators, and manage weekly bank deposits for on-site payments received.
- Account Reconciliation: Conduct monthly reconciliations of general ledger accounts, recording associated journal entries for transfers to ensure financial integrity.
- Issue Resolution: Collaborate with internal and external partners to promptly investigate and resolve any reconciling items.
- Project Assistance: Support various departmental projects throughout the year, including ongoing software conversion initiatives.
- Data Analysis: Analyze individual reinsurance data files to create comprehensive Excel workbooks and general journal ledger entries.
- Financial Reporting: Prepare and analyze financial statement filings at month, quarter, and year-end, compiling necessary quarterly statutory statement schedules.
- Compliance Filings: Handle state filing requests, collaborating with the compliance department to ensure timely submissions throughout the year.
- Tax Support: Compile and prepare premium data for internal tax partners, assisting with premium taxes and assessments as needed.
- Audit Preparation: Coordinate and prepare data for both internal and external auditors, as well as state regulators, ensuring compliance and readiness.
You’ll be a great fit if you:
- Adaptable Team Player: Thrive in a dynamic environment, eager to learn and grow alongside the organization’s evolving needs.
- Project Contributor: Assist with key departmental initiatives, including software conversions and audits, to drive continuous improvement.
- Reconciliation Savvy: Strong grasp of reconciliation concepts and their practical applications in ensuring financial accuracy and compliance.
- Continuous Learner: Eager to embrace new processes and methodologies, especially in the context of recent organizational program implementations.
- Expert in Microsoft Suite of Tools: Display Excel skills that are top-notch.
- Creatively Contribute to Solutions: Creative problem solver and analytical thinker with a focus on work being thorough and accurate.
- Fantastic Communicator: We are a company of all personality types and backgrounds, so the ability to communicate with colleagues and customers alike is a must.
- Open to Growth: Hold a learning mindset, with a penchant for acquiring new skills is an essential part of the mentality we cultivate in cohesion with our customers - America’s Educators!
Minimum Requirements:
- Educational Foundation: Bachelor’s Degree in Accounting or Finance; additional certifications and relevant coursework are highly valued.
- Experience: 1-3 years of hands-on accounting experience, demonstrating a solid understanding of financial practices.
- Compliance Champion: Ensure timely and accurate financial filings, upholding regulatory standards and company policies.
- Accountability: Maintain a strong sense of responsibility for the integrity of financial data and processes.
- Analytical Expert: Direct experience leveraging data analysis skills to provide insights that support strategic decision-making.
- Financial Precision: Contribute significantly to the accurate recording and reporting of company-wide transactions.
Pay Rate:
$50,100.00 - $78,800.00 up to 3% annual Bonus
Salary is commensurate to experience, location, etc.
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Salary : $50,100 - $78,800
