Manager, Statutory Financial Reporting Job at Friday Health Plans

Friday Health Plans Remote

Who You Are

You are ready for an exciting opportunity as Friday Health Plans continues to expand our Finance team! You understand financial reporting rules and requirements of the NAIC and applicable Departments of Insurance for states in which we operate. You will play a key role in meeting required timelines with accurate and timely reporting.

Who We Are

Friday Health Plans isn’t your average health insurance company. We’re not about unnecessary extras and confusing terminology. We cover the basic health services you’ll likely use the most at a price that just might make your wallet happy. Our simple health plans and friendly service keep you covered so you’re free to live every day like it’s Friday.

As a Denver-based company, we’re looking for smart, talented people like you to join us. We value collaboration, innovation, passion, and calculated risk-taking. Now in year eight, we’re looking for people who lead by example, and that example is one of flexibility, reliability, and positivity. If this sounds like you, then we want you on our team.

What You’ll Do:

  • Maintain current knowledge of NAIC Statutory Accounting rules and requirements
  • Collaborate and coordinate with legal, regulatory, finance, accounting, and other departments to provide accurate, timely statutory financial reporting
  • Complete and submit monthly, quarterly, and annual filings to the NAIC and/or state regulatory authorities
  • Lead and maintain an ongoing process around all facets of statutory financial reporting
  • Analyze monthly GAAP financials and prepare GAAP to STAT adjustments
  • Maintain relationships with regulators, including financial monitoring teams of the respective Departments of Insurance
  • Design and implement internal controls within the accounting department to ensure accurate statutory accounting practices
  • Perform system administration functions within Finance applications to complete statutory reporting
  • Perform technical accounting research and monitor developments to identify potential impacts of new pronouncements and prepare plans for addressing
  • Process Improvement – identify areas of opportunity within processes and aid to see process improvement projects through their lifecycle
  • Assist in oversight of audits, including financial or market conduct audits that involve statutory financial filings
  • Perform other duties as assigned

Required Knowledge, Skills & Abilities:

  • Attention to detail
  • Highly organized
  • Ability to prioritize and make routine decisions
  • Proficient in Excel
  • Ability to maintain strong relationships with key contacts at regulatory agencies
  • Excellent written and oral communication skills with the ability to present and explain complex information to diverse audiences
  • Robust prioritization skills, with the ability to reprioritize and respond to urgent management and regulator requests
  • Willingness to work as part of a team

Required Education/Experience:

  • Bachelor’s degree in Accounting, Finance or a Related field
  • 3+ years’ experience at a health insurance carrier in the areas of Accounting or Finance with experience in completing and submitting statutory filings required
  • Managed care and/or health insurance experience
  • 2+ years in public accounting preferred
  • CPA or other professional designation preferred, but not required
  • Demonstrated technical knowledge regarding statutory accounting and regulatory filing requirements
  • Experience evaluating new or emerging trends and transferring knowledge to key stakeholders
  • Strong statutory reporting knowledge
  • Experience in Microsoft Office software – Outlook, Word, PowerPoint, Excel, etc.
  • Knowledge of basic office equipment

How You'll Be Valued:

  • The pay range is $97,926 - $116,355
  • Medical, Vision, and Dental premiums covered at 100%
  • Company funded health savings account (HSA)
  • 401(k) and 401(k) matching
  • Company paid life insurance
  • Company paid short- and long-term disability insurance
  • Child and elder care subsidy
  • Employee assistance program
  • Paid time off and 10 paid holidays

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