Statutory Accounting Manager

Living Our Values
All associates are guided by Our Values. Our Values are the unifying foundation of our companies. We strive to ensure that every decision we make and every action we take demonstrates Our Values. We believe that putting Our Values into practice creates lasting benefits for all of our associates, shareholders, and the communities in which we live.

Why Join Us

• Career Growth: Advance your career with opportunities for leadership and personal development.
• Culture of Excellence: Be part of a supportive team that values your input and encourages innovation.
• Competitive Benefits: Enjoy a comprehensive benefits package that looks after both your professional and personal needs.

Total Rewards
Our Total Rewards package underscores our commitment to recognizing your contributions. We offer a competitive and fair compensation structure that includes base pay and performance-based rewards. Compensation is based on skill set, experience, qualifications, and job-related requirements. Our comprehensive benefits package includes medical, dental, and vision insurance, wellness programs, retirement plans, and generous paid leave. Discover more about what we offer by visiting our Benefits page.

A Day In The Life
The Statutory Accounting Manager under the leadership of the Senior Director, Accounting & Controller will take ownership of statutory and financial compliance reporting for the insurance entities within GSFSGroup, while providing peer support to the broader accounting team and overseeing a direct report responsible for statutory compliance. This is a hands-on role requiring deep knowledge of insurance statutory accounting principles (SAP), regulatory compliance, and financial reporting. The successful candidate will be responsible for ensuring compliance with NAIC (National Association of Insurance Commissioners) guidelines, coordinating annual and quarterly statutory filings, and working closely with auditors and regulators.

As a Statutory Accounting Mgr you will:

• Statutory & Compliance: Lead the preparation and filing of quarterly and annual statutory financial statements in compliance with NAIC requirements and applicable state insurance regulations. Ensure compliance with SAP and align financial reporting with regulatory requirements. Prepare Schedule P, Schedule F, and other NAIC-required schedules for regulatory filings. Monitor and implement changes to NAIC regulations and state-specific insurance reporting requirements. Coordinate and respond to requests from state insurance departments, regulatory bodies, and auditors.
• Direct Report Supervision & Peer Support: Supervise and mentor an accountant that is charged with statutory compliance and premium tax returns, estimates, and payments, ensuring timely and accurate completion of regulatory filings. Provide peer support to the broader accounting team on statutory reporting matters, acting as a subject matter expert. Review the work of the statutory compliance accountant, ensuring accuracy in filings and compliance documentation. Assist in training and knowledge sharing within the finance and accounting teams to improve statutory compliance awareness.
• Hands-on Execution & Financial Analysis: Lead the preparation of monthly close entries on both a GAAP (generally accepted accounting principles) and SAP basis related to the insurance entity within the GSFSGroup, including investment accounting close entries utilizing Clearwater Analytics. Prepare and analyze financial data to prepare statutory financial statements, footnotes, and disclosures. Prepare reconciliations between US GAAP and SAP financials to ensure consistency and compliance. Work through risk-based capital (RBC) calculations and other key regulatory financial metrics. Maintain and update workpapers to support financial reporting and audits. Work closely with actuarial, tax, and finance teams to ensure completeness and accuracy of reserves, premium accounting, and investment disclosures.
• Audit & Regulatory Liaison: Serve as a key point of contact for external auditors, regulators, and state examiners during financial audits and regulatory examinations. Facilitate the annual audit of statutory financial statements and respond to auditor inquiries. Assist with the preparation of Management Discussion & Analysis (MD&A) and other regulatory reporting requirements.
• Process Improvement & Internal Controls: Identify and implement efficiencies in statutory reporting processes to enhance accuracy and reduce reporting cycle times. Support automation efforts and improvements in statutory financial reporting systems. Collaborate with finance, actuarial, and legal teams on strategic initiatives impacting statutory reporting.

What We Need From You

• Bachelor's Degree in accounting, finance or a related field. Req
• 5-7 years of experience in statutory accounting, insurance financial reporting, or audit within the insurance industry. Required
• • Deep understanding of SAP (Statutory Accounting Principles), NAIC reporting, and insurance regulatory requirements.
• • Familiarity with insurance financial systems (Microsoft Dynamics AX/Dynamics 365 or similar ERP systems)
• • Familiarity with statutory specific software/applications such as Sovos Statutory Reporting, TriTech Premium Pro, and Clearwater Analytics (or similar systems).
• • Previous supervisory experience and related month-end close experience preferred.
• • Experience in transitioning away from reliance on Microsoft Excel for accounting close and processes.
• Business Acumen -- Knowledge of business operations and key factors affecting business successes.
• Identifies, prioritizes and implements process improvement opportunities.
• Leadership -- Guides individuals and groups toward desired outcomes by building confidence based on a shared vision and the means to attain it.
• Expertise in GAAP, Microsoft Dynamics AX, Excel and other PC applications required in the job.
• Interpersonal Influence -- Uses interpersonal aptitude skills to build relationships beneficial in achieving work-related goals. Gains attention and respect of others.
• Leadership – Guides individuals and groups toward desired outcomes by building confidence based on a shared vision and the means to attain it.
• Must have strong communication skills and the ability to build successful relationships with internal and external partners.
• Strong strategic thinking and problem-solving abilities
• Expertise in Microsoft Office and Excel required.
• Ability to accurately work with large amounts of financial and accounting data.
• Ability to apply extensive know-how of technical accounting and financial reporting standards.
• Certified Public Accountant (CPA) Preferred

Physical and Environmental RequirementsThe physical requirements described here are representative of those that must be met by an associate to successfully perform the essential functions of the job. While performing the duties of the job, the associate is required on a daily basis to analyze and interpret data, communicate, and remain in a stationary position for a significant amount of the work day and frequently access, input, and retrieve information from the computer and other office productivity devices. The associate is regularly required to move about the office and around the corporate campus. The associate must frequently move up to 10 pounds and occasionally move up to 25 pounds.

Travel Requirements
10% Periodic travel may be required.

Join Us
The Friedkin Group and its affiliates are committed to ensuring equal employment opportunities, including providing reasonable accommodations to individuals with disabilities. If you have a disability and would like to request an accommodation, please contact us at [email protected]. We celebrate diversity and are committed to creating an inclusive environment for all associates.

We are seeking candidates legally authorized to work in the United States, without Sponsorship.

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