Financial Reporting Analyst

You spend at least a third of your day at your job. You might as well spend it doing something you really love while working with a team you really enjoy being with, right? That’s the kind of atmosphere we offer at Pekin Insurance—fun, fast-paced, gratifying, supportive, and collaborative.

Of course, it’s not all fun and games. Insurance is a serious business, and we pride ourselves on making people’s lives whole again after a major disaster or even a fender bender. It’s that sense of helping people that makes our team want to do our best every day.

If you want to be excited about starting your workday and are ready to make a real difference in people’s lives, this could be the right spot for you.

See what Pekin Insurance has to offer by viewing a short video here.

Position Overview

The Financial Reporting Analyst is responsible for providing timely and accurate financial information to management, auditors, and regulatory authorities while being responsive to the needs of internal and external customers. These duties consistently require the exercise of discretion and independent judgment and require knowledge necessary to analyze, interpret, and assist in decision making. This position may be focused on Property & Casualty (P&C) companies and /or the Life Companies.

Essential Functions

• Prepares the monthly internal financial statements for assigned companies
• Prepares the filing of annual and quarterly statements and various supplemental filings to authorized states, multiple bureaus, and other agencies
• Prepares documentation for and works with outside auditors and state examiners as needed
• Prepares various statistical reports required by management throughout the year
• Responsible for analyzing variances and providing explanations to senior leadership
• Communicates effectively with internal and external customers
• Promotes continuous process improvement within the Financial Reporting areas
  
  

Department Specific

• Works closely with the Accounting Operations team in the preparation of monthly, quarterly, and annual reporting requirements
• Develops new reports in Workday to accommodate business needs
• Inputs and balances various schedules in the quarterly and annual statements prepared in accordance with NAIC’s Statements of Statutory Accounting Principles (SSAP’s)
• Inputs and maintains reinsurance recoverable losses, expenses, and reserves
• Assists with external audit requests
• Performs other duties as assigned
  
  

Education & Experience

• Bachelor’s degree in Accounting or Finance
• Typically requires 3 years accounting experience
  
  

Certifications & Licenses

• Professional accounting or insurance designations preferred
  
  

Knowledge, Skills & Abilities

Basic ability to:

• communicate effectively in both oral and written form
• define problems, collect data, establish facts, and draw valid conclusion
• analyze, organize, and prioritize work while meeting multiple deadlines
• analyze, consolidate, and interpret accounting data
• read, analyze, and interpret accounting and technical journals, financial reports and legal documents
  
  

Basic Skill In

• situational analysis and judgment in making critical decisions
• filing, bookkeeping, recording, and computational skills
  
  

Basic Knowledge Of

• Generally Accepted Accounting Principles (GAAP)
• Statutory Accounting Principles (SAP
  
  

Demonstrated Knowledge Of

• Microsoft Office software
• Workday Financials or other Financial systems
• Sovos or Gain Compliance
  
  

Salary Range

$60,000 to $79,000 per year

• This range is based on the expected level of experience and skills for this position. Final compensation will depend on individual qualifications.
  
  

Benefits

• Health, Dental and Vision Insurance
• Generous 401(k) with company match
• Paid Time Off (PTO) with Paid Holidays
• Flexible/Hybrid Work Schedule
• Paid Volunteer Program
  
  

     

For more information about the benefits we offer, please visit our Careers Page.