Statutory Reporting Analyst

JOB TITLE:           Statutory Reporting Analyst

EMPLOYER:         A-CAP Services LLC

DEPARTMENT:     Finance

REPORTS TO:      Manager of Statutory Reporting

LOCATION:           Onsite in Miami, FL (Brickell)

ABOUT THE COMPANY

A-CAP is a rapidly growing organization that owns and operates multiple insurance companies and ancillary insurance businesses and has over $10 billion of total invested assets. This opening is with the holding company, which primarily performs asset management, actuarial, accounting, and other oversight functions on behalf of A-CAP’s insurers and third-party clients. This group also provides strategic and operational support to A-CAP’s portfolio companies/subsidiaries, proactively formulates new investment strategies, oversees external financing and acquisition activities, and provides modeling support for insurer liabilities and capital. On the insurance product side, A-CAP’s primary lines of business are traditional fixed and equity-indexed annuities, with additional business in whole life insurance, Medicare supplement, and hospital indemnity products. A-CAP insurers originate over $2 billion of new premium annually.

ABOUT THE ROLE

A-CAP has an immediate opening for a self-motivated, resourceful, and well-organized candidate to join the team as a Statutory Reporting Analyst. The Statutory Reporting Analyst will make significant contributions to all A-CAP’s insurance companies’ quarterly and annual financial statement filings (“blue books”) by helping ensure the accuracy of financial results and compliance with all statutory rules and guidelines. The ideal candidate will have a strong background in financial reporting, particularly NAIC reporting. The Statutory Reporting Analyst will report directly to the Manager of Statutory Reporting and will interact regularly with Finance Team members, auditors, A-CAP leaders, and others from across the company.

WHAT YOU WILL DO:

• Help prepare and analyze statutory financial statements (NAIC) in accordance with regulatory guidelines.
• Collaborate with internal teams to gather financial data and ensure accuracy and completeness of information.
• As necessary, conduct research on accounting standards and regulations to ensure compliance.
• Assist in the preparation of supporting schedules and footnotes including workpaper support.
• Provide assistance during external and state triennial audits.
• Help create, implement, and maintain a cross-functional quarterly and annual statement preparation schedule.
• Participate in cross-functional projects to improve processes and enhance efficiency in financial reporting.
• Other duties and responsibilities as assigned.

WHAT YOU WILL NEED:

• Bachelor’s degree in accounting or related field with 3+ years of relevant work experience; or any combination of education, professional training, or work experience that demonstrates ability to perform the job.
• Proficiency with Microsoft Office suite, especially Excel.
• Proficiency with Life/Health annual statement preparation software (e.g. Wings).
• Understanding of statutory and GAAP accounting.
• Strong mathematical and problem-solving skills.
• Excellent time management skills and attention to detail.
• Ability to build relationships with diverse team members from across the organization.
• Comfort with a steep learning curve and strong motivation to work in an opportunity-rich, dynamic, and a team-oriented environment.

BENEFITS:

A-CAP works hard to create a positive and supportive environment. That's why we offer great benefits to safeguard the health and well-being of our employees. Our comprehensive benefits package includes:

• Competitive salary/base pay
• Employer-sponsored medical, dental, and vision insurance
• Paid Life & AD&D Insurance (for employees and families)
• Paid Disability Insurance (STD + LTD)
• Paid Parental Leave
• Paid Vacation and Sick Leave
• Paid Holidays (15 in 2024)
• Voluntary Supplemental Insurance policies
• 401(k) plan with employer match
• And other benefits and perks!

POSITION TYPE AND EXPECTED HOURS OF WORK

This is a full-time position. Days and hours of work are Monday through Friday, 9:00 a.m. to 6:00 p.m., 40 hours weekly, or as otherwise arranged with the manager of the department.

US work authorization is required.

Who We Are: http://www.acap.com/

EEO Statement

A-CAP is an Equal Opportunity Employer and does not discriminate in recruiting, hiring, promotion or any other personnel action based on the basis of race, ethnicity, national origin, color, sex, gender, gender identity or expression, sexual orientation, religion, age, disability, veteran status, or any other basis covered by appropriate law. We comply with the laws and regulations set forth in the Know Your Rights poster. All employment is decided on the basis of qualifications, merit, and business need. To request an accommodation, contact hr@acap.com and we will make every effort to respond to your request within 48 business hours to work towards a positive solution.

Disclaimer:

The above is intended to describe the general content of and requirements for the performance of this job. It should not be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

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