Accounting Lead - Regulatory Filings

Company



American Modern Insurance Group



Location



Cincinnati
, United States

American Modern Insurance Group, Inc., a Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for residential property - such as manufactured homes and specialty dwellings and the niche recreational markets, including boats, personal watercraft, classic cars, and more.

Headquartered in Amelia, Ohio, American Modern is a member of Munich Re's Global Specialty Insurance division with associates located across the United States. Our employees receive exceptional opportunities and support to grow their careers and contribute to the success of the Munich Re organization. This position has a hybrid schedule, 40-50% of the time in the office in Amelia, OH.

American Modern Insurance Group is looking for an Accounting Lead (Regulatory Filings) to join our team! In this role, you will manage American Modern's regulatory filings team and its responsibilities, which include state and local tax filings and provisions; premium tax accounting and filings; sales and use taxes; related tax planning; all other state filing requirements. You will assist with developing and maintaining accounting principles, practices, and procedures documentation to ensure the Company complies with all regulatory filing requirements in an accurate and timely manner while maintaining strict adherence to the control framework.

This role reports to the Assistant Vice President, Statutory Financial Reporting and will lead, develop, and oversee the work of 2 Company-employed individuals as well as a team of offshore colleagues.

Responsibilities:

• Detailed reviews of state and local income tax returns
• Management of team responsible for premium tax returns and accounting, and all other state filings
• Preparation and review of research related to tax issues and tax planning alternatives
• Coordination and management of state and local tax audits of the affected returns
• Monitoring and researching related current tax developments
• Management of tax compliance issues and filings
• Education and training of the Regulatory Filings department staff
• Coordination and management of other tax matters such as Sales and Use taxes
• Management of the monthly financial close processes, ensuring all journal entries, reporting and other items are completed according to the close calendar
• Oversees the related general ledger accounts for all American Modern companies. This includes ensuring all account reconciliations are completed accurately and timely by the Accounting Regulatory Filings team, reviewing new accounts and account sub-assignments, and assessing the impact on all processes
• Coordinates all state regulatory filing tasks to ensure adequate training, appropriate process documentation, and completion of work by scheduled deadlines
• Participates in the ongoing development/establishment of related accounting policies and procedures and operational strategies including the review and implementation of process and system changes
• Proactively identifies, researches, and develops solutions for related accounting issues, documenting applicable accounting guidance in memos, and provides on-the-job training to team members on accounting issues and end-to-end accounting processes

Qualifications:

• Bachelor's degree in Accounting or Finance, or equivalent work experience, required
• 5 or more years of relevant experience in insurance accounting
• Proven experience working with accounting principles and practices, control development and review and the analysis and reporting of financial data
• Working knowledge of insurance accounting systems and technology utilized within area of responsibility
• Working knowledge of managing financial operations and reporting and ensuring timely and accurate reporting that meets quality and deadline standards
• Strong analytical, decision making, and problem-solving skills; proven ability to identify solutions and drive change; project management skills a plus

We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits:

• Two options for your health insurance plan (PPO or High Deductible).
• Prescription drug coverage (included in your health insurance plan).
• Vision and dental insurance plans.
• Additional insurance coverages provided at no cost to you, such as basic life insurance equal to 1x annual salary (up to $500k) and AD&D coverage that is equal to 1x annual salary (up to $500k).
• Short and Long Term Disability coverage.
• Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes Spouse/domestic partner and children).
• Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity).

In addition to the above insurance offerings, our employees also enjoy:

• A robust 401k plan with up to a 5% employer match
• A retirement savings plan that is 100% company funded.
• Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries.
• Eligibility to receive a yearly bonus as a Munich Re employee.
• A variety of health and wellness programs provided at no cost.
• Paid time off for eligible family care needs.
• Tuition assistance and educational achievement bonuses.
• A corporate matching gifts program that further enhances your charitable donation.
• Paid time off to volunteer in your community.
• Free parking.
• A hybrid environment that gives you a choice in where and how you get work done.
• A corporately subsidized on-site cafeteria as well as a We Proudly Serve coffee shop.
• An on-site complimentary workout facility as well as walking trails on campus grounds.
• On-site wellness center complete with nurse practitioner.

At American Modern, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit talent with a focus on providing our customers the most innovative products and services.

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.