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Insurance Accounting Jobs in Maryland (NOW HIRING)

Financial Audit Senior Consultant

California, MD · On-site +1

$111K/yr

Required 5+ Years related work experience, including health insurance accounting, internal/financial auditing, general accounting, financial reporting, and project management Knowledge Skills and ...

$111K/yr

Required 5+ Years related work experience, including health insurance accounting, internal/financial auditing, general accounting, financial reporting, and project management Knowledge Skills and ...

Financial Audit Senior Consultant

Baltimore, MD · On-site +1

$115K/yr

Required 5+ Years related work experience, including health insurance accounting, internal/financial auditing, general accounting, financial reporting, and project management Knowledge Skills and ...

Required 5+ Years related work experience, including health insurance accounting, internal/financial auditing, general accounting, financial reporting, and project management Knowledge Skills and ...

Insurance Analyst III - Remote

California, MD · On-site

$19.25 - $26/hr

Knowledge of insurance, accounting and rate-making concepts * Proficiency in Microsoft Office Suite, SAS, SQL, Visual Basic and various structured analysis and design techniques * Advanced degree in ...

$19.25 - $26/hr

Knowledge of insurance, accounting and rate-making concepts * Proficiency in Microsoft Office Suite, SAS, SQL, Visual Basic and various structured analysis and design techniques * Advanced degree in ...

$19.25 - $26/hr

Knowledge of insurance, accounting and rate-making concepts * Proficiency in Microsoft Office Suite, SAS, SQL, Visual Basic and various structured analysis and design techniques * Advanced degree in ...

Oversees the preparation of quarterly and annual filings for the NAIC and Maryland Insurance Administration. * Supervises accounting staff, accounts payable, payroll, and other Finance functions as ...

Accounting Assistant

Rockville, MD · On-site

$20 - $26/hr

The ideal candidate will have 1-2 years of accounting or accounts payable experience and a strong ... Medical insurance * Dental insurance * Vision insurance * Life insurance * Pet Plan * LTD and STD

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Showing results 1-20

Insurance Accounting information

See Maryland salary details

$42.7K

$92.8K

$133.9K

How much do insurance accounting jobs pay per year?

As of Sep 8, 2026, the average yearly pay for insurance accounting in Maryland is $92,841.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,700.00 and $108,700.00 per year, depending on experience, location, and employer.

What is insurance accounting?

An Insurance Accounting job involves managing the financial records and transactions of an insurance company, ensuring compliance with industry regulations and accounting standards. Professionals in this role handle premium revenues, claims payments, reserves, and financial reporting. They analyze financial data to assess profitability, prepare statements, and collaborate with auditors and regulators. Strong knowledge of insurance regulations, financial analysis, and accounting principles is essential for this role.

What are the typical daily responsibilities of someone working in insurance accounting?

Professionals in Insurance Accounting are responsible for processing policyholder premiums, managing claims payments, reconciling accounts, and preparing financial statements specific to insurance operations. They also monitor compliance with state and federal insurance regulations, assist with audits, and may support financial forecasting for underwriting decisions. Much of the role involves cross-functional collaboration with claims teams, underwriters, and compliance staff. On a typical day, you can expect to spend time using specialized accounting software, reviewing financial transactions for accuracy, and ensuring all reporting deadlines are met.

What are the key skills and qualifications needed to thrive in insurance accounting?

To thrive in Insurance Accounting, a solid understanding of accounting principles, insurance regulations, and financial analysis is essential, often supported by a degree in accounting or finance. Proficiency with accounting software (such as QuickBooks or SAP), spreadsheet tools, and knowledge of industry-specific systems or certifications (like CPA) is highly valued. Attention to detail, strong analytical thinking, and effective communication are important soft skills for this position. These competencies enable accurate financial reporting, regulatory compliance, and seamless collaboration with other departments, which are critical for success in the insurance sector.

What are the most commonly searched types of Insurance Accounting jobs in Maryland?

The most popular types of Insurance Accounting jobs in Maryland are:

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

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

What cities in Maryland are hiring for Insurance Accounting jobs?

Cities in Maryland with the most Insurance Accounting job openings:

Infographic showing various Insurance Accounting job openings in Maryland as of August 2026, with employment types broken down into 1% As Needed, 76% Full Time, 18% Part Time, and 5% Contract. Highlights an 85% Physical, 1% Hybrid, and 14% Remote job distribution, with an average salary of $92,841 per year, or $44.6 per hour.

Accounting Manager - Budget & Expense Reporting

Chesapeake Employers' Insurance Company

Towson, MD • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 12 days ago


Key responsibilities

  • Manage the operations group within Finance to provide accurate reporting information and support management decision-making.

  • Oversee budget development, reporting, and analysis, including preparing monthly expense reports, variance analysis, and projecting expenses for management decisions.

  • Supervise payroll processing, ensure data integrity in various accounting systems, and manage vendor files and compliance reporting.


Job description

Who We Are
Chesapeake Employers' Insurance Company is a purpose-driven organization dedicated to improving the lives and livelihoods of our policyholders, injured workers, team members, and the community. As a leading workers' compensation specialty insurer in the mid-Atlantic region, we take pride in being a force for good. Our 350 team members are committed to making a positive impact every day in the lives of all our stakeholders. Join our motivated, professional team as we foster a culture of values, teamwork, innovation, and collaboration. Established in 1914, Chesapeake Employers Insurance, headquartered in Towson, Maryland, has over a century of experience, a strong financial foundation, and an "A" rating from AM Best.
POSITION SUMMARY:
Manage the operations group within Finance to provide accurate information for reporting and to support management in decision-making as well as provide timely services to its customers. The Manager specifically oversees budget development and reporting, payroll processing, fleet management, vendor management services, and other roles significant to the daily responsibilities of the Finance Department. Resource development and allocation is critical to providing these services within a productive environment.
DUTIES AND RESPONSIBILITIES:
  • Assist in the development and implementation of goals, policies and procedures relating to financial management, budget management and payroll processing.
  • Assist in the month end closing and financial reporting process including account analysis and reconciliation
  • Development of system controls and reconciliations to ensure data integrity
  • Manages biweekly payroll process ensuring teammates are paid correctly, exceptions and deductions are processed, accounting processed correctly and timelines are met for the payroll vendor.
  • Supervises maintenance of various accounting systems, including fixed asset system, accounts payable system, contracts database, procurement system, medical vendor system, unclaimed property system and payroll system.
  • Manages vendor file for the organization ensuring entity viability, adherence to IRS standards, and medicare reporting.
  • Develops and manages the operating and capital budget process for the organization for combined expenses of approximately $55 million annually. Leads review of departmental submissions for alignment with organizational strategy and discusses with departmental leaders prior to final submission.
  • Prepare monthly analysis of expenses through distribution of budget variance reports, requiring responses to material variances to provide explanations and potential solutions to mitigate risk to management.
  • Project expenses upon various scenarios to facilitate management decisions and potential cost recommendations.
  • Prepares monthly accruals related to the general and administrative expenses for inclusion in financials for the monthly reporting.
  • Review monthly bank reconciliations for accuracy and approval.
  • Manages escheated funds reporting with completion of annual unclaimed property reporting per state requirements.
  • Contributes to the achievement of established department goals and objectives; adheres to departmental policies, procedures, quality and safety standards, and consistently exhibits Chesapeake's Values and Behaviors.
  • Completes annual 1099 reporting for Accounts Payable and assists with 1099 reporting for medical vendors.

SKILLS, EDUCATION AND EXPERIENCE:
  • Bachelors degree in Accounting required.
  • CPA or Master's Degree in Business or Finance preferred.
  • 5-7 years accounting experience.
  • 3-5 years supervisory experience.
  • Insurance accounting experience is preferred.
  • General PC skills, including Excel, General ledger.
  • Thorough knowledge of GAAP and statutory accounting.
  • Strong communication and interpersonal skills as well as strong organizational and time management skills

POSITIONAL COMPETENCIES:
  • Pursuing Excellence
  • Making a Difference
  • Leadership Presence
  • Developing People
  • Maintaining Focus and Accountability
  • Strategic Initiative

PHYSICAL DEMANDS:
While performing the duties of this job, the teammate is regularly required to sit, use hands to finger, handle or feel objects, tools or controls; reach with hands and arms. The teammate is occasionally required to stand, walk, stoop, kneel, crouch or crawl. The teammate may occasionally lift up to 30 pounds. Specific vision abilities are required which include, close vision, peripheral vision and the ability to adjust focus.
WORK ENVIRONMENT:
Office Environment. The noise level is usually moderate.
What We Offer
We offer a competitive benefits package that includes health, vision, and dental coverage, a robust PTO plan, an 8% employer contribution to retirement regardless of team member contribution, educational assistance, and opportunities to participate in team member appreciation events. Additionally, we provide STD, LTD and group life insurance 1X a team members salary. You'll also enjoy free tickets to community attractions, all part of our commitment to providing a high quality of work life. You will have the flexibility to thrive in a hybrid work environment and an opportunity to participate in development and volunteer programs.