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Accounting Manager Insurance Jobs in Washington (NOW HIRING)

The Accounting Manager, General Ledger will lead the monthly, quarterly, and annual close processes ... Life and AD&D insurance * Paid time off, holidays, and parental leave * Employee assistance program

The Associate Manager, Accounting, will simultaneously perform treasury, accounting and insurance tasks. Accounting/Treasury will assist in the preparation of the company's financial statements and ...

New

Senior Accounting Manager

Reston, VA · On-site

$130K - $160K/yr

We are looking for a Senior Accounting Manager who will own the monthly close, strengthen our ... Woven offers a highly competitive benefits package, including health/dental/vision insurance ...

Tax Manager - Insurance Tax

Mclean, VA · On-site

$112K - $147K/yr

Do phrases like "accounting for income taxes," "tax restructuring," and "tax controversy" pique ... As a Tax Manager in our Business Tax Services Insurance group, you'll provide federal tax ...

Showing results 21-40

Accounting Manager Insurance information

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 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.

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 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.

What are popular job titles related to Accounting Manager Insurance jobs in Washington?

For Accounting Manager Insurance jobs in Washington, the most frequently searched job titles are:

What job categories do people searching Accounting Manager Insurance jobs in Washington look for?

The top searched job categories for Accounting Manager Insurance jobs in Washington are:

Accounting Manager 16810913

Rockville, MD • On-site

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 25 days ago


Job description

$130,000 - $140,000 + discretionary bonus

Cherry Bekaert Recruiting & Staffing is partnered with a ~$300Mbiologics/scientific instruments firm who is seeking an Accounting Manager to join their team.TheAccounting Manager, General Ledgerwill lead the monthly, quarterly, and annual close processes, including the preparation and review of journal entries and general ledger account reconciliations across both consolidated and non-consolidated entities.

This role will also oversee and approve key financial calculations, including intercompany agreements, royalties, bonuses, and commissions, while ensuring compliance with GAAP and internal controls.

Key Responsibilities

  • Establish performance goals, set priorities, and assign responsibilities for the General Ledger team
  • Conduct performance evaluations, administer compensation adjustments, and foster a culture of continuous improvement and accountability
  • Review journal entries and supporting documentation to ensure accuracy and completeness
  • Oversee monthly, quarterly, and annual close activities across multiple entities
  • Supervise the preparation of financial statements and management reports
  • Review account reconciliations and validate the accuracy of balances
  • Investigate and resolve discrepancies in a timely manner
  • Perform and lead P&L variance analysis, providing insights to leadership
  • Ensure compliance with Generally Accepted Accounting Principles (GAAP)
  • Evaluate new accounting guidance and support implementation
  • Assist in maintaining and documenting accounting policies and procedures
  • Support and monitor financial internal controls
  • Review intercompany transactions and ensure proper elimination
  • Coordinate with Finance, Legal, and Tax teams to maintain updated intercompany agreements
  • Review and approve intercompany, royalty, bonus, and commission calculations
  • Review debt compliance schedules for accuracy and adherence to loan agreements
  • Oversee revenue allocations for bundled performance obligations in accordance with ASC 606
  • Lead efforts to improve close processes, schedules, and systems
  • Ensure timely and accurate reporting
  • Support year-end audit activities and provide ad hoc financial analysis as needed

Qualifications

  • Minimum of 5 years of experience in public and/or corporate accounting; multi-national experience preferred
  • At least 2 years of management experience
  • Must have strong Excel background Pivot-VLOOKUP
  • Strong knowledge of GAAP (government accounting experience is a plus)
  • Advanced analytical skills with the ability to interpret complex data and develop actionable insights
  • Experience with multi-entity and multi-currency accounting environments
  • Excellent communication and interpersonal skills, with the ability to collaborate across all levels of the organization
  • Hands-on leadership style with a proven ability to build, develop, and manage high-performing teams
  • Strong organizational and time management skills, with the ability to manage multiple competing priorities
  • Ability to perform effectively in a fast-paced, deadline-driven environment

The company offers a comprehensive benefits package, including:

  • Medical, dental, and vision coverage
  • 401(k) with company match
  • Flexible spending accounts
  • Short- and long-term disability insurance
  • Life and AD&D insurance
  • Paid time off, holidays, and parental leave
  • Employee assistance program
  • Additional voluntary benefits (pet insurance, identity protection, home/auto discounts, and more)
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