Insurance Accounting Specialist

Overview

Manage insurance accounting, compliance, and financial reporting for construction projects.

Key Responsibilities

• insurance accounting
• internal audits
• ledger reconciliation
• regulatory compliance
• risk mitigation
• premium processing

Tasks

-Prepare reporting and analysis for management; answer ad hoc enquiries from management. -Manage day-to-day insurance accounting and processes in accordance with GAAP. -Work closely with Operations teams and subcontractors to facilitate a smooth and inclusive financial prequalification process. -Conduct internal audits to ensure accurate accounting of insurance activities and compliance with industry regulations. -Report audit findings and make recommendations for improvements to management. -Collaborate with underwriting and claims partners. -Develop and implement strategies to mitigate identified risks, in partnership with Operations and trade partners. -Monitor changes in applicable laws and regulations that may impact corporate insurance policies or programs. -Assist with regulatory filings and compliance reporting. -Oversee budget and strategic planning preparation for corporate insurance programs. -Serve as visible point-of-contact for questions and challenges related to corporate SDI, CCIP, OCIP programs. -Maintain and reconcile general ledger accounts related to insurance transactions. -Maintain insurance policy records -Assist external auditors by providing necessary documentation and information, when requests. -Drive corporate insurance initiatives, as well as design and lead the implementation of new insurance programs. -Process premium invoices, claims payments, and other financial transactions in a timely manner.

Requirements

• bachelor's
• cpa
• vista
• excel
• gaap
• analytical

What You Bring

-Bachelor’s degree in Accounting or Finance, , with construction industry experience and knowledge of GAAP. CPA or CMA certification preferred. -Effective communication and interpersonal skills. -Strong attention to detail and organizational abilities. -Proficiency in ERP Accounting System (Vista Viewpoint preferred) and Microsoft Excel. -Excellent analytical and problem-solving skills. -Strong understanding of the construction insurance industry, as well as industry regulations and compliance requirements.

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About Shiel Sexton

-With decades of experience, the company has successfully delivered a broad range of projects across the U.S. -Specializing in complex and large-scale projects, the company has a history of successfully completing contracts. -Their expertise spans a variety of sectors including commercial, residential, healthcare, and education. -The company's ability to handle both public and private sector projects is a key strength. -The company is known for delivering projects on time and within budget, maintaining high standards of quality. -The company has completed notable projects like medical centers, academic buildings, and luxury residential developments. -Innovation is at the core of their approach, using advanced technologies and sustainable practices to meet evolving client needs. -The company stands out for its strong relationships with clients, built over decades of reliability and trust.

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