Insurance Accounting Jobs in Chicago, IL (NOW HIRING)

We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, culture and talent experience and our ability to be compelling to our clients. You'll find an environment that inspires and empowers you to thrive both personally and professionally. There's no one like you and that's why there's nowhere like RSM.

The Insurance Accounting Supervisor supports the delivery of financial consulting services to US-based insurance clients, including carriers, reinsurers, MGAs/MGUs, brokers, and insurance service organizations. This role is responsible for supervising day-to-day client delivery, reviewing accounting workpapers and analyses, supporting monthly and quarterly close activities, and helping clients address complex insurance accounting, reporting, reconciliation, and operational finance needs. The Supervisor will work closely with managers and senior leaders to coordinate engagements, coach team members, maintain quality, and support scalable delivery of the insurance accounting solution.

• Supervise day-to-day delivery of insurance accounting and financial consulting engagements, including coordinating workplans, assigning tasks, monitoring progress, and escalating issues timely.
• Review accounting workpapers, reconciliations, journal entries, account analyses, schedules, and client-ready deliverables for accuracy, completeness, and consistency with engagement objectives.
• Support monthly, quarterly, and annual close activities for insurance clients, including premium, commission, claims, loss reserve, reinsurance, cash, investments, intercompany, and statutory reporting-related processes.
• Assist clients with GAAP and statutory accounting matters, financial reporting support, operational accounting processes, account reconciliations, data validation, and finance transformation initiatives.
• Coordinate with client accounting, finance, actuarial, operations, claims, underwriting, regulatory reporting, and external audit teams to gather information, resolve reconciling items, and drive timely completion of deliverables.
• Identify accounting process gaps, control deficiencies, reporting inefficiencies, and data quality issues; recommend practical improvements and help implement sustainable solutions.
• Coach, mentor, and review the work of associates and senior associates, providing real-time feedback, technical guidance, and support for professional development.
• Maintain engagement documentation, status trackers, issue logs, review notes, and client communications in accordance with firm methodology and quality expectations.
• Support engagement budgeting, resource planning, utilization tracking, and status reporting to managers and senior leaders.
• Contribute to the growth of the insurance accounting solution by helping develop templates, playbooks, training materials, standard procedures, and reusable delivery tools.

• Bachelor's degree in accounting, finance, business, or a related field required.
• Minimum of 3-5 years of accounting, audit, advisory, consulting, or insurance finance experience.
• Experience with insurance accounting processes such as premiums, commissions, claims, loss reserves, reinsurance, statutory reporting, reconciliations, close processes, or financial statement support.
• Strong understanding of accounting principles and the ability to research, interpret, and apply accounting guidance to practical client situations.
• Experience preparing or reviewing journal entries, account reconciliations, flux analyses, workpapers, schedules, and client-facing deliverables.
• Proven ability to manage multiple priorities, meet deadlines, and maintain quality in a client service or project-based environment.
• Strong supervisory, coaching, communication, analytical, problem-solving, and organizational skills.
• Advanced proficiency with Microsoft Excel and working proficiency with Microsoft Word, PowerPoint, and Teams.
• Ability to work effectively with cross-functional stakeholders, including client finance teams, auditors, actuaries, operations teams, and internal engagement leadership.

• CPA license or progress toward CPA preferred.
• Public accounting, consulting, or professional services experience preferred.
• Experience supporting insurance carriers, reinsurers, MGAs/MGUs, brokers, or insurance service providers.
• Familiarity with statutory accounting principles, NAIC reporting concepts, US GAAP insurance accounting, ASC 944, ASC 606, or reinsurance accounting.
• Experience with financial close optimization, accounting operations support, process improvement, data cleanup, system implementation support, or finance transformation projects.
• Experience with insurance or ERP systems such as Workday, Oracle, SAP, PeopleSoft, Guidewire, Duck Creek, Clearwater, BlackLine, or similar platforms.
• Ability to support client relationship management by identifying issues, communicating status, anticipating needs, and helping develop practical solutions.

At RSM, we offer a competitive benefits and compensation package for all our people.We offer flexibility in your schedule, empowering you to balance life's demands, while also maintaining your ability to serve clients.Learn more about our total rewards at https://rsmus.com/careers/working-at-rsm/benefits.

All applicants will receive consideration for employment as RSM does not tolerate discrimination and/or harassment based on race; color; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender; sexual orientation; HIV Status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the US uniformed service; US Military/Veteran status; pre-disposing genetic characteristics or any other characteristic protected under applicable federal, state or local law.

Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment/partnership.RSM is committed to providing equal opportunity and reasonable accommodation for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or otherwise participate in the recruiting process, please call us at 800-274-3978 or send us an email at careers@rsmus.com.

RSM does not intend to hire entry level candidates who will require sponsorship now OR in the future (i.e. F-1 visa holders). If you are a recent U.S. college / university graduate possessing 1-2 years of progressive and relevant work experience in a same or similar role to the one for which you are applying, excluding internships, you may be eligible for hire as an experienced associate.

RSM will consider for employment qualified applicants with arrest or conviction records. For those living in California or applying to a position in California, please click here for additional information.

At RSM, an employee's pay at any point in their career is intended to reflect their experiences, performance, and skills for their current role. The salary range (or starting rate for interns and associates) for this role represents numerous factors considered in the hiring decisions including, but not limited to, education, skills, work experience, certifications, location, etc. As such, pay for the successful candidate(s) could fall anywhere within the stated range.