Sr Accountant - Remote (Reinsurance) - Mercury Insurance Services, LLC

Join an amazing team that is consistently recognized for our achievements and culture, including our most recent Forbes award of being one of America's Best Midsize Employers for 2024! 

Position Summary:

Under limited direction and part of a collaborative team, performs complex accounting functions involving the practical application of established accounting standards, theories, principles and practices.  Prepares and maintains highly complex operating and financial reports and ensures the preparation of monthly, quarterly, and annual financial statements are completed in accordance with statutory accounting rules and regulations.   

State specific pay scales for this role are as follows:

$60,355 to $105,558 (CA, NJ, NY, WA, HI, AK, MD, CT, RI, MA)

$54,868 to $95,962 (NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME)

$49,381 to $86,366 (UT, ID, MT, NM, SD, SE, KS, OK, IA, AR, LA, MS, AL, TN, KY, IN, SC, NC, WV)

The expected base salary for this position will vary depending on a number of factors, including relevant experience, skills and location.

Essential Job Functions:

• Prepare monthly financial statements and supporting documents 

• Prepare quarterly and annual statutory financial statements

• Utilizes experience to perform financial analyses and improved accuracy levels and analytical skills

• Other functions and special projects as assigned

Education:

• Bachelors degree with emphasis/major in accounting program or equivalent education.

Experience:

• 4 or more years of experience in accounting is required. 2 or more years of insurance accounting experience is desired. 

Knowledge and Skills:

• Strong knowledge of both statutory and generally accepted accounting principles (GAAP) encompassing fundamentals theories, principles, and terminology of accountancy.

• Requires the ability to understand the accounting treatment for complex transactions.

• Requires the ability to understand the financial reporting for companies that have business in multiple states and/or multiple lines of business.

• Requires a high level of analytical and technical skill to examine, analyze and evaluate complex financial reports, effects of transactions upon account relationships, consolidation of corporate accounts, etc.   

• Requires considerable knowledge and efficiency in utilizing software and advanced MS Excel. Solid knowledge of database tools, techniques and theories. 

• Requires critical attention to detail and good organizational skills to manage assigned general ledgers and accounts.   

• Strong written and verbal communication skills that are professional and respectful.

Reinsurance experience preferred:

Lead and support multiple responsibilities across the reinsurance reporting functions

Lead and support various components of the monthly reinsurance treaty reporting process, including preparation of reinsurance reports and remittances, tracking of outstanding receivables, and all related reinsurance accounting

Responsible for preparing and entering monthly and quarterly reinsurance journal entries

Lead and assist with the preparation of Schedule F

Knowledge of reinsurance contracts (both ceded and assumed reinsurance contracts)

Why choose a career at Mercury?

At Mercury, we have been guided by our purpose to help people reduce risk and overcome unexpected events for more than 60 years. We are one team with a common goal to help others. Everyone needs insurance and we can’t imagine a world without it.

Our team will encourage you to grow, make time to have fun, and work together to make great things happen. We embrace the strengths and values of each team member. We believe in having diverse perspectives where everyone is included, to serve customers from all walks of life.

We care about our people, and we mean it. We reward our talented professionals with a competitive salary, bonus potential, and a variety of benefits to help our team members reach their health, retirement, and professional goals.

Learn more about us here: https://www.mercuryinsurance.com/about/careers

We offer many great benefits, including:

• Competitive compensation
• Flexibility to work from anywhere in the United States for most positions
• Paid time off (vacation time, sick time, 9 paid Company holidays, volunteer hours)
• Incentive bonus programs (potential for holiday bonus, referral bonus, and performance-based bonus)
• Medical, dental, vision, life, and pet insurance
• 401 (k) retirement savings plan with company match
• Engaging work environment
• Promotional opportunities
• Education assistance
• Professional and personal development opportunities
• Company recognition program
• Health and wellbeing resources, including free mental wellbeing therapy/coaching sessions, child and eldercare resources, and more

Mercury Insurance is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by federal, state, or local law.