Statutory Accountant (P&C Insurance)

Full TimeRemoteTeam 1,001-5,000H1B SponsorCompany SiteLinkedIn

Location

United States

Posted

9 hours ago

Salary

Not specified

No structured requirement data.

Job Description

WHO WE ARE

We are PEAK6, a leading investment firm, using technology to find a better way of doing things. The company’s first tech-based solution was developed in 1997 to optimize options trading, and over the past two decades, the same formula has been used across a range of industries, asset classes, and business stages to consistently deliver superior results. Today, PEAK6 seeks transformational opportunities to provide capital and strategic support to entrepreneurs and forward-thinking businesses. PEAK6’s core brands include PEAK6 Capital Management, PEAK6 Strategic Capital, Apex Fintech Solutions, FOCUS, We Insure, Evil Geniuses, Poker Power, Zogo, and Bruce Markets.

ABOUT THIS ROLE

Role Overview 

The Statutory Accountant is responsible for preparing, reviewing, and maintaining accurate statutory financial data and financial statements in accordance with NAIC Statutory Accounting Principles (SAP) for Property and Casualty (P&C) Insurance Companies.  

This role supports statutory reporting & compliance, financial reporting and accounting close, audit and regulatory support, and timely filings with state insurance departments and the NAIC. The Statutory Accountant also partners closely with internal business partners, systems, technology, and client actuarial/tax/external auditors to ensure compliance, transparency, and financial integrity across the insurance carrier, as our organization expands. This is a remote role that may be required to travel 1-2 times annually.

Key Responsibilities 

Statutory Reporting & Compliance 

  • Help design and maintain a statutory chart of accounts and general ledger, and prepare required journal entries 
  • Prepare and review quarterly and annual statutory financial statements in accordance with NAIC SAP along with the accompanying statutory blank pages, schedules, and supplements 
  • Ensure timely submission of statutory filings to state regulators and the NAIC 
  • Monitor and apply updates to NAIC guidance, statutory accounting changes, and regulatory requirements 

Financial Close & Reconciliations 

  • Define and analyze data from system reports, and prepare the balance sheet, income statement, and trial balance 
  • Support monthly and quarterly close processes related to statutory reporting 
  • Perform balance sheet reconciliations, including investments, reinsurance, reserves, bank, and surplus accounts 
  • Analyze statutory-to-GAAP differences and maintain reconciliation schedules 

Audit & Regulatory Support 

  • Serve as a key contact for statutory audits and regulatory examinations 
  • Prepare audit schedules, supporting documentation, and responses to auditor and regulator inquiries 
  • Assist with the remediation of audit findings and regulatory recommendations 

Cross-Functional Collaboration 

  • Collaborate with accounting, underwriting and other internal business partners, as well as external clients and carriers 
  • Partner with Data/Business Analyst & technology teams to provide data 
  • Partner with Actuarial on reserves, loss adjustment expenses, and premium recognition, Investments on statutory valuation and reporting, and Tax on statutory tax disclosures and reporting requirements 

Process Improvement & Documentation 

  • Maintain and enhance statutory accounting policies, procedures, SOP’s and other documentation 
  • Identify opportunities to improve efficiency, accuracy, and controls within statutory reporting processes 
  • Lead automation or system enhancements related to statutory reporting tools 

Qualifications & Experience 

Required 

  • 5–7 years of accounting experience, with direct property and casualty statutory accounting or property and casualty insurance carrier experience 
  • Bachelor’s degree in Accounting, Finance, or related field 
  • Strong working knowledge of NAIC Statutory Accounting Principles (SAP) 
  • Experience preparing or reviewing statutory financial statements 
  • Advanced Excel skills and experience working with large financial data sets 

Preferred 

  • Familiarity with statutory reporting software (e.g., FIS, Oracle or similar) 
  • Experience supporting statutory audits and regulatory examinations 
  • CPA or CPA-eligible is a plus 

Key Competencies 

  • Ability to work cross-functionally with finance, technology, and leadership teams 
  • Knowledge of insurance accounting and regulatory requirements 
  • Ability to manage deadlines in a reporting-driven environment 
  • Attention to detail, communication skills, and the ability to multi-task with multiple client deliverables 

OUR REWARDS

We offer a robust package of employee perks and benefits, including healthcare benefits (medical, dental and vision, EAP), competitive PTO, 401k match, parental leave, and HSA contribution match. We also provide our employees with a paid subscription to the Calm app and offer generous external learning and tuition reimbursement benefits. As a hybrid workforce, we offer our employees the ability to work remotely up to two days a week.

PEAK6 is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation, and gender identity), national origin, age, disability, veteran status, marital status, or any other protected characteristic. Our hiring practices ensure that all qualified applicants receive fair consideration without regard to these characteristics.


PEAK6 is committed to creating an inclusive and accessible workplace for all candidates, including those with disabilities. We are dedicated to ensuring equal employment opportunities and providing reasonable accommodations to qualified individuals with disabilities. If you require reasonable accommodations to participate in the application or interview process, please contact our HR department at hrpeak6@peak6.com. We will work with you to provide the necessary accommodations to ensure your full participation in our hiring process.

#PEAK6

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