Accountant III

Job Title: Accountant III 

Location: Plano, TX or Madison, WI (2 days in office – 3 days remote) 
 

Position Summary 

The Accountant III is responsible for performing accounting and control-related functions, as well as financial reporting activities related to individual supplemental, group accident and health, and individual life and annuity insurance products. 

Key Responsibilities 

• Prepare monthly general ledger entries, primarily related to recording insurance activity, including premiums, claims, reserves, reinsurance, commissions and third-party settlements. 

• Process agent payments and other assigned vendor payments as needed, ensuring accuracy, appropriate approval, and timely completion.  

• Request monthly settlement payments to/from our third-party administrators and prepare weekly bank deposits for payments received on-site. 

• Prepare monthly general ledger account reconciliations and record related journal entries, including entries associated with transfers. 

• Work with internal and external business partners to investigate and clear reconciling items in a timely manner. 

• Proactively follow up on and track outstanding accounting, reconciliation, payment, reporting, and project-related issues, escalating items as appropriate to support timely resolution. 

• Assist with departmental projects, including software conversions, data analysis, validation, and testing. 

• Analyze individual reinsurance data files and utilize them to create Excel workbooks and general ledger journal entries. 

• Prepare and analyze monthly financial reports and quarterly and annual statutory financial statements, including applicable supporting schedules. 

• Handle state filing requests and work with the compliance department to ensure filings are done in a timely manner. 

• Prepare and compile premium data for internal tax business partners, assisting with premium taxes and assessments as needed throughout the calendar year. 

• Coordinate and prepare data for internal and external auditors, along with state regulators. 

• Participate in cross-training and provide backup coverage for other accounting, close, and statutory reporting responsibilities.  

• Identify and recommend opportunities to improve, standardize, or automate accounting and reporting processes.  

• Develop a working understanding of assigned insurance products and apply relevant statutory, GAAP, and company accounting policies. 

Qualifications 

• Bachelor’s degree in Accounting, Finance, or related field. 

• 3–5 years of relevant accounting or financial reporting experience. 

• Strong knowledge of accounting principles and financial reporting, with insurance accounting or statutory reporting experience preferred. 

• Experience preparing complex journal entries, reconciliations, and financial analyses. 

• Strong understanding of data management and financial control considerations. 

• Proficiency with general ledger, reconciliation, and financial reporting systems; experience with Workday and BlackLine preferred. 

• Strong analytical, problem-solving, organizational, and communication skills. 

• Process improvement mindset with the ability to identify and implement more efficient ways of working. 

• Strong Excel skills, including the ability to analyze and organize detailed financial data. 

Salary Range: $66,500 – $92,000 

• Salary is commensurate with experience, skills, location, and other relevant factors.