Oakbrook Terrace, IL, 60181, USA
5 days ago
Accountant
Job Title: Accountant Job Description The Staff Accountant’s primary responsibilities are to prepare monthly and quarterly reinsurance journal entries for underwriting activity for various management programs. This includes reviewing gross activity, processing gross and ceded loss and lae reserves, preparing reinsurance statements and reporting. Complete monthly settlement invoices and billing for actual premium and loss activity. Additionally, perform account reconciliations, quarterly variance analysis, and assist with the completion of Reinsurance schedules within the Annual Statement. Responsibilities + Record underwriting activity for various products. + Process reinsurance activity based on established reinsurance contract terms. + Track outstanding reinsurance payables and recoverables within the Cash Application System. + Assist in the completion of balance sheet and income statement variance analysis compared to forecast and follow-up on understanding the variance drivers. + Complete Loss Development schedule for assigned products as part of the underwriting activity package reporting. + Prepare and reconcile certain quarterly analytics and annual reinsurance filing. + Complete timely general ledger reconciliations. + Complete any assigned EDH testing as required. + Complete Stat system uploads as required. Essential Skills + Proficiency in bank reconciliation, journal entry, general ledger, and Oracle. + Experience in Accounting and Financial Statements. + Bachelor’s degree in Accounting/Finance or commensurate experience required. + 2-3 years of experience in statutory insurance accounting preferred. Additional Skills & Qualifications + Familiarity with Insurance products - A&H, Life, and Property and Casualty preferred. + Experience with annual statement software (efreedom), G/L system (Oracle Fusion), Stat System preferred. + Proficiency in Microsoft Office required. + Basic understanding of insurance company operations preferred. Work Environment This is a hybrid position requiring an average of 1 day per week in the office. The expected time commitment is 35 hours per week. Job Type & Location This is a Contract position based out of Oakbrook Terrace, Illinois. Pay and Benefits The pay range for this position is $27.00 - $33.00/hr. Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following: • Medical, dental & vision • Critical Illness, Accident, and Hospital • 401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available • Life Insurance (Voluntary Life & AD&D for the employee and dependents) • Short and long-term disability • Health Spending Account (HSA) • Transportation benefits • Employee Assistance Program • Time Off/Leave (PTO, Vacation or Sick Leave) Workplace Type This is a hybrid position in Oakbrook Terrace,IL. Application Deadline This position is anticipated to close on Sep 11, 2025. About Aston Carter: Aston Carter provides world-class corporate talent solutions to thousands of clients across the globe. Specialized in accounting, finance, human resources, talent acquisition, procurement, supply chain and select administrative professions, we extend the capabilities of industry-leading companies. We draw on our deep recruiting expertise and expansive network to meet the evolving needs of our clients and talent community with agility and excellence. With offices across the U.S., Canada, Asia Pacific and Europe, Aston Carter serves many of the Fortune 500. We are proud to be a ClearlyRated Best of Staffing® double diamond winner for both client and talent service. The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law. If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please email astoncarteraccommodation@astoncarter.com (%20astoncarteraccommodation@astoncarter.com) for other accommodation options.
Confirm your E-mail: Send Email