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Accounting Manager Insurance Jobs in Michigan (NOW HIRING)

Accounting Manager Supervisory responsibilities: N/A Summary/objective: Specialty Tooling Systems ... insurance, health insurance, short term disability, long term disability, company paid life ...

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Accounting Manager Insurance information

What is the difference between Accounting Manager Insurance vs Insurance Accountant?

AspectAccounting Manager InsuranceInsurance Accountant
CertificationsCPA, CMA often preferredCPA or basic accounting certifications
Work EnvironmentManagement level, overseeing teamsEntry to mid-level, focused on specific accounts
ResponsibilitiesFinancial reporting, team supervision, strategic planningPreparing financial statements, reconciliations, data entry
Industry UsageUsed in insurance companies for managerial rolesCommon in insurance firms for accounting tasks

While both roles involve accounting within the insurance industry, the Accounting Manager Insurance typically holds a managerial position with strategic responsibilities and team oversight, requiring advanced certifications like CPA or CMA. In contrast, an Insurance Accountant focuses on day-to-day accounting tasks such as preparing financial statements and reconciliations, often with less managerial responsibility.

How does an accounting manager in the insurance industry typically collaborate with underwriters and claims departments?

Accounting Managers in insurance often work closely with underwriters and claims teams to ensure that premiums, reserves, and claims payments are accurately recorded and reported. This collaboration helps maintain compliance with regulatory standards and supports timely financial analysis. Regular communication is essential for reconciling discrepancies, forecasting liabilities, and preparing financial statements. Effective teamwork across these departments enables more accurate risk assessment and financial planning for the organization.

What skills and qualifications are needed to thrive as an accounting manager in the insurance industry?

To thrive as an Accounting Manager in insurance, you need a solid background in accounting principles, financial reporting, and regulatory compliance, typically supported by a bachelor’s degree in accounting or finance and CPA certification. Familiarity with insurance-specific accounting software, financial modeling tools, and ERP systems like SAP or Oracle is valuable. Strong leadership, attention to detail, and effective communication set top performers apart in this role. These skills ensure accurate financial management, compliance with industry regulations, and effective team coordination within a complex insurance environment.

What does an accounting manager in the insurance industry do?

An Accounting Manager in the insurance industry oversees the financial operations and reporting for an insurance company or agency. Their responsibilities typically include managing accounting teams, preparing financial statements, ensuring compliance with regulatory requirements, and analyzing financial data specific to insurance products like premiums, claims, and reserves. They also coordinate audits and help develop financial strategies to support the company's business goals. Strong knowledge of insurance accounting standards and regulations is essential for this role.
What are popular job titles related to Accounting Manager Insurance jobs in Michigan? For Accounting Manager Insurance jobs in Michigan, the most frequently searched job titles are:
What job categories do people searching Accounting Manager Insurance jobs in Michigan look for? The top searched job categories for Accounting Manager Insurance jobs in Michigan are:
What cities in Michigan are hiring for Accounting Manager Insurance jobs? Cities in Michigan with the most Accounting Manager Insurance job openings:

Accountant

Specialty Tooling Systems

Grand Rapids, MI • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 28 days ago


Job description

Job title: Accountant 

Reports to: Accounting Manager

Supervisory responsibilities: N/A 

Summary/objective: Specialty Tooling Systems (STS) is looking to add an Accountant to their team! The Accountant will be responsible for various accounting and clerical duties for the company. 

Essential functions: 

  • Assist with accounts payable, including invoice entry, purchase order preparation, cash disbursements, vendor statement reconciliation, etc. 
  • Assist with accounts receivable, including billing, collection calls, cash receipts, etc. 
  • Prepare daily cash reconciliations, deposits and weekly cash requirements reports
  • Prepare weekly job cost reports and work with program management to align cost and revenue on specific jobs
  • Support the Accounting Manager by classifying, recording, and computing financial data 
  • Assist in the preparation and review of financial statements 
  • Review and reconcile company credit card statements
  • Coordinate and execute projects and tasks assigned by the Director of Finance and Accounting Manager, along with other members of the company leadership team as needed
  • Oversee the overall functionality of the office by ordering supplies, setting up and maintaining services 
  • Provide administrative and clerical support, including answering phones, copying/faxing, greeting visitors and directing them to appropriate areas of the facility, scheduling meetings, preparing presentations, and coordinating meeting logistics
  • Maintain employee files 
  • Facilitate new hire orientation 
  • Assist with the administration of employee health and welfare benefits  

Required competency, education, and experience: 

  • Bachelor’s degree in Accounting (or equivalent experience). 

  • 3+ years of accounting experience, including manufacturing cost accounting, and sound understanding of all general ledger activities (AP, AR, Payroll, etc.) 

  • Strong understanding of information technologies and computerized systems 

  • Excellent interpersonal, leadership, oral, and written communication skills. 

  • Results-driven personality and ability to plan and achieve department goals 

  • Self-motivated with the ability to demonstrate sound judgment and resourcefulness in decision making and problem solving 

  • Ability to manage multiple tasks simultaneously 

  • Ability to maintain confidentiality on sensitive projects 

  • Proficient in Microsoft Office (PowerPoint, Excel, Word, and Outlook). 

  • Ability to maintain a professional appearance at all times 

Physical Demands: 

  • High manual dexterity of hands and fingers 

  • Ability to sit for long periods of time 

  • Ability to use a computer for a prolonged amount of time 

  • Ability to move or lift files and boxes up to 20 pounds 

Work environment: Office setting within a manufacturing environment. 

Position type and expected hours of work: Full time, Monday-Friday. 40 hours per week. 

Travel: None. 

Compensation/Benefits: STS offers a competitive compensation and benefits package which includes competitive pay, dental insurance, vision insurance, health insurance, short term disability, long term disability, company paid life insurance, voluntary life insurance, 401(k) plan with match, education reimbursement, paid vacation and holidays, and flex spending. 

Other duties: This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities and activities may change, or new ones may be assigned at any time with or without notice. 

STS is an Equal Opportunity Employer. STS does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status, or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need. 

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