Demo

Insurance Accounting Manager

Vantage Risk Companies
Chicago, IL Full Time
POSTED ON 2/18/2025
AVAILABLE BEFORE 5/16/2025

About the Company Vantage Group Holdings Ltd. (Vantage) was established in late 2020 as a re / insurance partner designed for the future. Driven by relentless curiosity, our team of trusted experts provides a fresh perspective on our clients’ risks. We add creativity to tech-enabled efficiency and robust analytics to address risks others avoid. Vantage provides specialty re / insurance through its operating subsidiaries in Bermuda and the U.S. Vantage has approximately 340 colleagues in both the United States and Bermuda.  We have offices in Chicago, IL, Norwalk, CT, Alexandria, VA, Boston, MA, New York, NY and Hamilton, Bermuda. Additionally, we are a highly geographically diverse workforce with colleagues based in 25 states and counting. We fully support work flexibility including remote and hybrid work arrangements. About the role : The Insurance Accounting Manager is responsible for overseeing and managing the day-to-day insurance accounting operations, ensuring accurate financial reporting, compliance with regulatory standards, and efficient management of accounting processes. The Insurance Accounting Manager will report to the VP of Insurance Finance and is an integral part of the Insurance Finance team. This role involves supervising a senior accountant, analyzing financial data, and working collaboratively with other departments to support the company's financial goals. The base salary expectation for this role is between $125,000 and $135,000. Actual base salary for the selected candidate may be higher commensurate with candidate experience and expectations. Additionally, Vantage offers its colleagues performance-based bonus potential, strong health & welfare benefits, retirement plans with company match, competitive time off plans, a highly flexible work environment, and much more. Responsibilities & Accountabilities :

  • Manage and oversee the monthly and quarterly close process including, preparation and review of detailed journal entries and account reconciliations.
  • Preparation, review and analysis of the Company’s quarterly and annual financial statements and footnotes, in accordance with GAAP and STAT in conjunction with the Company’s NAIC filings.
  • Ensure compliance with industry regulations and accounting principles, including GAAP or STAT, as applicable.
  • Assists in the design, documentation and implementation of processes and controls to maintain a strong control environment.
  • Coordinate and manage the preparation of regulatory reports and filings.
  • Collaborate with various departments across the company, including but not limited to the data, legal, claims, and underwriting teams.
  • Collaborate with auditors and regulatory bodies during audits and examinations.
  • Identify and implement process improvements to enhance efficiency and effectiveness in accounting operations.
  • Supervise and develop staff by managing performance, setting goals, providing ongoing training and maintaining strong employee relationships.
  • Performs other activities, duties and assignments as needed or requested. Ideal Candidate Profile :
  • Bachelor's Degree in Accounting or Finance.
  • Over 5 years of experience in insurance accounting or a similar financial management role.
  • CPA or equivalent certification preferred but not required.
  • Advanced Excel skills; familiarity with Power BI, Word, and PowerPoint.
  • Strong knowledge of insurance industry regulations and accounting standards.
  • Familiarity with accounting software; experience with Oracle a plus.
  • Statutory reporting experience required, experience with Gain Compliance a plus.
  • Excellent analytical, organizational, and problem-solving skills.
  • Strong leadership and team management abilities.
  • Strong sense of accountability, comfortable making recommendations and taking accountability for outcomes.
  • Enthusiasm for working in a fast-paced, dynamic, growth-oriented environment.
  • Ability to work across department functions and locations. Our Vantage Values Do What’s Right – be a force for good, for our customers, shareholders, colleagues, industry and communities. Be Relentlessly Curious – ask questions, listen to understand, challenge the status quo, look for ways to say YES, drive innovation, be opportunistic and disciplined. We’re Better Together – collaborate, be inclusive, supportive, respectful and humble, be a trusted partner internally and externally. Be Transparent – in who you are, what you think, and how you work, seek and provide alternative points of view, be true to yourself. Make A Difference – focus on impact, embrace technology, leverage data and analytics as critical assets, act intentionally to deliver on our mission.

Salary : $125,000 - $135,000

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