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Statutory Accounting Jobs in Illinois (NOW HIRING)

Senior Investment Accountant

Glenview, IL · On-site

$120K - $150K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

This role is responsible for overseeing investment accounting operations, ensuring compliance with statutory reporting requirements, and supporting complex investment transactions. The ideal ...

Senior Accountant

Chicago, IL

$76K - $95K/yr

Familiarity with US GAAP, familiarity with statutory accounting principles is a plus * Experience navigating a large ERP environment * Proficiencyin MS Office products - intermediate to advanced ...

Help compute our tax provision, both for US GAAP and statutory accounting purposes * Determine accounting treatment under ASC740 and document analysis * Review, monitor and report ASC 740 uncertain ...

Help compute our tax provision, both for US GAAP and statutory accounting purposes * Determine accounting treatment under ASC740 and document analysis * Review, monitor and report ASC 740 uncertain ...

Staff Accountant

Mount Prospect, IL · On-site

$75K - $90K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Insurance company accounting experience including statutory accounting principles is a plus * BA/BS degree in Accounting preferred * 3+ years experience in accounts payable and/or receivable

Tax Manager - Insurance Tax

Chicago, IL

$114K - $149K/yr

Income Taxes (ASC 740) and Statement of Statutory Accounting Principles No. 101 (SSAP 101). * Technologically inclined, with the ability to articulate complex tax issues in a simplified manner across ...

... statutory accounting principles (SAP) and GAAP Familiarity with Illinois Department of Insurance regulations and reporting requirements Proven ability to manage audits, nancial statements, and ...

Controller (Chicago)

Chicago, IL · On-site

$120K - $130K/yr

... statutory accounting principles (SAP) and GAAP Familiarity with Illinois Department of Insurance regulations and reporting requirements Proven ability to manage audits, nancial statements, and ...

Controller (Chicago)

Chicago, IL · On-site

$120K - $130K/yr

... of statutory accounting principles (SAP) and GAAP • Familiarity with Illinois Department of Insurance regulations and reporting requirements • Proven ability to manage audits, financial ...

Managing the accounting operations of domestic and international subsidiaries, including the production of both statutory and management financial statements * Review of accounting transactions ...

Managing the accounting operations of domestic and international subsidiaries, including the production of both statutory and management financial statements * Review of accounting transactions ...

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Showing results 1-20

Statutory Accounting information

See Illinois salary details

$42.6K

$92.7K

$133.7K

How much do statutory accounting jobs pay per year?

As of Aug 16, 2026, the average yearly pay for statutory accounting in Illinois is $92,696.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,600.00 and $108,500.00 per year, depending on experience, location, and employer.

What are some typical challenges faced by professionals in statutory accounting roles?

Statutory accounting professionals often navigate complex and frequently changing regulatory requirements, which means staying current with new standards and ensuring meticulous compliance in all reporting. Tight deadlines are common, especially during close periods or external audits, and require strong time management skills. Collaboration with various departments, such as tax, legal, and operations teams, is essential for gathering accurate data and resolving discrepancies. Overcoming these challenges is key to producing accurate statutory reports and supporting the organization's overall financial transparency and compliance.

What is statutory accounting?

A Statutory Accounting job involves preparing and maintaining financial records in compliance with regulatory requirements and industry standards. Professionals in this role ensure that financial statements adhere to statutory accounting principles (SAP), which are often used in regulated industries like insurance. They analyze financial data, prepare reports for regulators, and ensure compliance with laws and guidelines. This role requires strong attention to detail, knowledge of financial regulations, and proficiency in accounting principles.

What are the key skills and qualifications needed to thrive in statutory accounting, and why are they important?

To thrive in Statutory Accounting, you need a strong background in accounting principles, financial reporting, and a thorough understanding of regulatory requirements, often supported by a degree in accounting or finance and, ideally, CPA certification. Proficiency with accounting software (such as SAP, Oracle, or Microsoft Dynamics) and advanced Excel skills are typically required, along with familiarity with statutory reporting standards like GAAP or IFRS. Attention to detail, analytical thinking, and strong organizational and communication skills are important for ensuring accuracy and collaborating across departments. These skills are vital for maintaining compliance, preparing accurate financial statements, and supporting the organization's financial integrity.

What does a statutory accountant do?

A statutory accountant prepares and maintains financial statements in accordance with legal and regulatory requirements, ensuring compliance with accounting standards and laws. They often work with auditors, use accounting software, and may hold certifications like CPA to perform audits, financial reporting, and regulatory filings.

What are the most commonly searched types of Statutory Accounting jobs in Illinois?

The most popular types of Statutory Accounting jobs in Illinois are:

What are popular job titles related to Statutory Accounting jobs in Illinois?

For Statutory Accounting jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Statutory Accounting jobs in Illinois look for?

The top searched job categories for Statutory Accounting jobs in Illinois are:

What cities in Illinois are hiring for Statutory Accounting jobs?

Cities in Illinois with the most Statutory Accounting job openings:

Infographic showing various Statutory Accounting job openings in Illinois as of August 2026, with employment types broken down into 87% Full Time, 9% Part Time, 1% Temporary, and 3% Contract. Highlights an 86% Physical, 7% Hybrid, and 7% Remote job distribution, with an average salary of $92,696 per year, or $44.6 per hour.

Director of Statutory Accounting

Robert Half

Oakbrook Terrace, IL • On-site

$170K - $185K/yr

Full-time

Medical, Dental, Vision, Life

Posted 22 days ago


Job description

 The salary range for this position is $170,000 - $185,000 plus bonus, and it comes with benefits, including medical, vision, dental, life, and disability insurance. To apply to this hybrid role please send your resume to john.sadofsky@roberthalf.c0m.


Job Description:

  • Statutory Filings- Prepares quarterly and annual statutory financial statements (Yellow and blue books) for the insurance companies. Responsible for filing data and statements with regulatory agencies including NAIC. Drafts Footnote disclosures and provides well organized work papers to facilitate review of quarterly schedules. Attends annual training and develops user requirements related to update Statutory Accounting disclosures and reports.
  • Compliance- Manage regulatory reviews including maintaining records that support financial activity. Monitors changes to statutory reporting requirements and ensures compliance with accounting policy. Responsible for the preparation of General Interrogatories and Notes to the Financial Statements.
  • Internal/External Audit- Reconcile Premium, Claim, Cash Clearing and Prepaid Balance Sheet accounts. Skilled in working with Sovos, formerly eFreedom, software and maintaining access as well as running cross checks and validations of quarterly and annual statements. Work with Oracle Fusion and SmartView tools to ensure data accuracy and completeness. Assist external auditors in reviewing financial activity and preparing audit exhibits and statements.
  • Supplemental Filings- Support the preparation of annual statement supplement filings including SHCE, MLR, RBC, A& H Policy Exhibit and NY Supplement. Complete Supplemental filings and prepare draft of MDA’s for review by management. Review Investment schedule D’s to ensure roll forwards and continuity of balances to face financials are reasonable.
  • Reporting and Analysis- Complete RBC calculations for the regulated entities and provide explanations of the year-over-year changes. Identify future trends and model potential transactions and their impact on RBC levels. Coordinate and accumulate financial analytics including explanations for review. Prepare and track operational timeline and actions items while managing a team close schedule.
  • State Tax and Filing Compliance – Review and support the preparation of quarterly estimated premium tax filings and the annual premium tax returns. Review and support the various state assessment and data collection filings. As well as review and approve the recording of accruals within the general ledger associated with these filings.


Requirements

  • Education and Certifications
  • Bachelor’s Degree in Accounting/Finance required
  • CPA preferred 
  • 4-6 years’ experience working in statutory insurance accounting required
  • Expertise with insurance accounting (A& H, Life and Property & Casualty) preferred
  • Developed understanding of insurance company concepts preferred
  • Extensive knowledge and understanding of SSAP’s and the ability to evaluate their applicability preferred
  • Exceptional prioritization and time management ability with a sense of urgency to deal with the pressures of meeting regulatory deadlines required
  • Experience with annual statement software (SOVOS, formerly eFreedom), and G/L system (Oracle) preferred
  • Premium tax return experience preferred
  • Management of staff members preferred

 To apply to this hybrid role please send your resume to john.sadofsky@roberthalf.c0m.


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About Robert Half

Sourced by ZipRecruiter

Founded in 1948, Robert Half pioneered the idea of professional talent solutions to connect opportunities at great companies with highly skilled job seekers. As business needs changed, we evolved to offer specialized talent solutions for finance and accounting, technology, administrative and customer support, creative and marketing, and legal fields. In 2002, we introduced our subsidiary, Protiviti, a global independent risk consulting and internal audit service, to support companies as they faced more strategic business challenges.

Industry

Recruiting and staffing services

Company size

10,000+ Employees

Headquarters location

San Ramon, CA, US

Year founded

1948