Senior Financial Reporting Specialist

LOCATION

This position can be hybrid or inoffice at our MIEC main office located in Oakland CA.

POSITION SUMMARY

The Senior Financial Reporting Specialist is responsible for the preparation analysis and review of various statutory financial reporting including but not limited to coordination of technical insurance accounting issues financial reporting and various statutory filings.

COMPENSATION

Hiring ranges based on experience and location:

• Hiring range (San Francisco Bay Area): $108208 to $144277

MIEC offers competitive compensation commensurate with experience and a comprehensive benefits package. MIEC is an EEO employer we enjoy diversity in our staff insured and business partners.

BENEFITS

• 401(K) Pension Plan
• Health Insurance
• Vision and Dental Insurance
• Generous Paid Time Off Plans

ESSENTIAL FUNCTIONS

• Assists with the accounting and reporting functions including establishing and maintaining accounting principles practices and procedures.
• Provides oversight and coordination of operating reports and statutory filings keeping current with changes to Statutory Accounting principles and filing requirements. Establishes and maintains financial controls; works as a team lead on assigned projects.
• Prepares monthly internal financial statements reports and analyses; Maintains monthly general ledger account analyses and review and assists with closing the monthly books.
• Prepares information for and works with external auditors and actuaries as assigned.
• Assists with income tax and other compliance related matters.
• Strictly maintains confidentiality.

QUALIFICATIONS

Education:

• BA/BS degree in Accounting or Finance required.

Licenses/Certification:

• Certified Public Accountant (CPA) license preferred.

Experience:

• Minimum of five 5 years of accounting experience with a minimum of three 3 years of insurance accounting experience required.

KNOWLEDGE/SKILLS/ABILITIES

• Knowledge and experience with Statutory Accounting Principles including claims premiums reinsurance and investment concepts. Working knowledge of insurance taxation and consolidation is preferred.
• Computer proficiency using various software packages; expertise in Excel and Word (including Pivots Conditional Formatting VLookups and other Excel functions); a working knowledge of investment general ledger and statutory reporting software; experience with Clearwater investment accounting online software and/or F9 report writing software are preferred.
• Understanding of the underwriting claims risk management and IT services provided to members/insureds sufficient to be able to speak credibly to policyholders in formal and informal settings.
• Significant experience working with external auditors internal controls and compliancerelated issues.
• Excellent analytical reasoning time management and problemsolving skills related to data analysis.
• Excellent written and oral communication and presentation skills.
• Ability to work as part of a team and independently exercising good judgment working under pressure and meet deadlines with minimal supervision and maintaining a positive and upbeat approach.

About MIEC:

MIEC was founded in 1975 in the depths of the malpractice crisis by physicians and their medical societies when insurance was largely unavailable to the healthcare community. As the Wests first truly physicianowned medical professional liability insurer MIEC has always been guided by the desire to protect physicians and other healthcare professionals from malpractice risks and committed to a longterm philosophy of business conduct that ensures such a crisis never happens again. We exist to foster enduring partnerships within the healthcare community by serving members through a philosophy of vigorous protection and high value delivered by people who care. As a memberowned exchange Headquartered in Oakland CA MIEC now insures more than 7400 physicians and other healthcare professionals in 4 states with regional claims offices in Idaho Alaska and Hawaii. MIEC has consistently adapted to meet the changing needs of healthcare delivery and continually seeks to reinvent medical professional liability through effective partnership innovative insights and dynamic risk solutions.