Life Accounting Staff Associate
Share
Job Location:
Monthly Salary:
Posted on:
17 hours ago
Vacancies:
1 Vacancy
Job Summary
Kaeppel Consulting is in immediate need of a Life Accounting Staff Associate in the Erie PA area!
Position Summary
The Life Accounting Staff Associate supports the accounting and financial reporting functions related to life insurance products. This role assists in maintaining accurate financial records preparing journal entries reconciling accounts and supporting regulatory and internal reporting requirements. The associate works closely with finance actuarial and operations teams to ensure financial data is complete accurate and compliant with company policies and regulatory standards. The role also supports end users by resolving accounting differences and assists in developing new accounting procedures.
Key Responsibilities
- Prepare and record journal entries related to life insurance accounting transactions.
- Perform account reconciliations for general ledger accounts including reserves premiums commissions and reinsurance balances.
- Assist in the preparation of monthly quarterly and annual financial close processes.
- Support the preparation of financial statements and management reports.
- Assist with statutory and GAAP reporting requirements specific to life insurance operations.
- Review financial data for accuracy and investigate discrepancies.
- Collaborate with actuarial policy administration and operations teams to reconcile financial and policy data.
- Assist with regulatory filings and compliance documentation as required
- Support internal and external audits by providing requested documentation and explanations.
- Maintain organized documentation and support continuous improvement of accounting processes.
- Provides follow-up notification to the end user or Business Consulting to ensure that entry or system errors are corrected.
- Responds to questions from end user or Controller Division regarding system accounting or related issues as required.
Qualifications
Education
- High School diploma or GED required.
- Associate or bachelors degree in business finance or a related field preferred
Experience
12 years of accounting or financial reporting experience preferred
Internship or experience in insurance accounting or financial services is a plus
Knowledge & Skills
Basic understanding of accounting principles (GAAP)
Knowledge of life insurance accounting concepts such as premiums reserves and commissions preferred
Strong analytical and problem-solving skills
High attention to detail and accuracy
Strong organizational and time management skills
Proficiency in Microsoft Excel and other Microsoft Office applications
Experience with accounting systems or financial reporting tools is a plus
Key Competencies
Analytical thinking
Attention to detail
Accountability and integrity
Collaboration and teamwork
- Ability to manage multiple priorities and deadlines
Required Experience:
Staff IC
Key Skills
- Account Payable
- Invoicing
- Journal Entry
- Data Entry
- Accounting & Finance
- Tax Returns
- QuickBooks
- General Ledger Accounting
- Microsoft Excel
- Reporting
- Payroll
- Financial statement
- Account Receivable
- ACCA
- CPA
About Company
LEARN MORE ABOUT US Example Clients Wal-Mart Google Farmers Kemper TIAA Why Kaeppel? Our job is to equip our clients with the resources they need to exceed their performance goals. We enhance their success by equipping them with transferable skills and knowledge they can use even afte ... View more
