Senior Staff Accountant

Ryan Specialty

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profile Job Location:

Chicago, IL - USA

profile Yearly Salary: $ 80000 - 100000
Posted on: 5 days ago
Vacancies: 1 Vacancy

Job Summary

Position Summary

The Senior Staff Accountant is responsible for preparing and analyzing financial reports and conducting variance analysis to ensure accuracy and compliance. The role assesses financial health manages revenue recognition and stays updated on regulatory changes while improving processes and supporting audits. They collaborate with cross-functional teams participate in projects support budget management activities and assist in risk assessment and mitigation strategies for the insurance company.

What will your job entail

Job Responsibilities:
Prepares and analyzes financial reports including income statements balance sheets and cash flow statements ensuring accuracy and compliance with regulatory requirements.
Manages banking files and monitors bank statements and funding. Manages Accounts Payable and Accounts Receivable prepares commission reports and monitors transaction transmissions.
Conducts variance analysis to compare actual financial performance against budgeted and forecasted figures identifying key drivers of variances and recommending corrective actions.
Analyzes financial data and metrics to assess the companys financial health profitability and performance of insurance products and business segments.
Assists in assessing financial risks and developing strategies to mitigate risks associated with insurance operations investments and regulatory compliance.
Ensures accurate and timely recognition of premium revenue and claims reserves in accordance with accounting standards and regulatory guidelines.
Stays abreast of regulatory changes in the insurance industry ensuring compliance with accounting standards tax regulations and reporting requirements.
Identifies opportunities to streamline accounting processes implement automation and enhances system functionalities to improve efficiency and effectiveness.
Assists in the development of annual budgets and financial forecasts providing insights and recommendations based on historical data and industry trends.
Coordinates and supports internal and external audits providing documentation reconciliations and explanations as required by auditors.
Participates in ad-hoc projects and initiatives such as system implementations mergers and acquisitions or financial analyses for strategic planning purposes.

Required Experience:
3 years of experience in the Accounting and Finance
Bachelors degree in Finance Accounting Business Administration or related field.

1 years of experience in Insurance Accounting

Preferred Experience:

Certified Public Accountant (CPA)

Masters degree in Accounting Finance Business Administration or related field.

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race creed color religious beliefs physical or mental capabilities gender identity or expressionsexual orientation and many other characteristics bring together varied perspectives and add value to the service we provide our clients trading partnersand policy extends to all aspects of our employment practices including but not limited to recruiting hiring discipline firing promoting transferring compensation benefits training leaves of absence and other terms conditions and benefits of employment.

How We Support Our Teammates

Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them and their family members achieve their physical financial and emotional well-being addition to paid time off for company holidays vacation sick and personal days Ryan offers paid parental leave mental health services and more.

The target salary range for this position is $80000.00 - $100000.00 annually.

The wage range for this role considers many factors such as training transferable skills work experience licensure and certification business needs and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards visit our website provide individuals with disabilities reasonable accommodations to participate in the job application or interview process to perform essential job functions and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at

The above is intended to describe this jobs general requirements. It is not to be construed as an exhaustive statement of duties responsibilities or physical requirements. Nothing in this job description restricts managements right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.


Required Experience:

Staff IC

Position SummaryThe Senior Staff Accountant is responsible for preparing and analyzing financial reports and conducting variance analysis to ensure accuracy and compliance. The role assesses financial health manages revenue recognition and stays updated on regulatory changes while improving processe...
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About Company

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Offers services through highly specialized managing general underwriters with unparalleled knowledge and expertise in niche markets.

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