Lead Statutory Accountant (Hybrid - Troy, MI) - Health Alliance Plan
General Summary:
The Lead Statutory Accountant, working in a hybrid environment, is primarily responsible for the preparation of statutory financial reports. This role requires in-depth research and reference to documented procedure manuals to ensure all phases of statutory reporting are completed in compliance with state filing requirements, statutory accounting principles, and NAIC guidance. A thorough understanding of US GAAP is also required.
PRINCIPLE DUTIES AND RESPONSIBILITIES:
- Quarterly and annual statutory insurance filings and assist with other related filings as needed
- Statutory filing software, upgrades, and maintenance
- Coordinate with various departments in order to obtain required data necessary to complete filings.
- Monitor changes in statutory accounting principles and reporting regulations to ensure compliance.
- Draft required footnotes and prepare detailed supporting documentation for both statutory and US GAAP reporting purposes.
- Collaborate with HAP Finance Management and external auditors to ensure timely and accurate completion of annual filings.
- Coordinate with investment custodians and treasury department staff to ensure accurate GAAP and statutory accounting of investment securities and income.
- Ensure the Accounting department accurately prepares statutory insurance filings in accordance with applicable reporting standards.
- Assist the Manager with analysis of investment income, amortization, purchases, sales, and reconciliations for both short- and long-term investments.
- Work with teams cross-functionally.
- Perform other duties as assigned by Finance Management.
EDUCATION/EXPERIENCE REQUIRED:
- Master’s degree in accounting/finance/business administration is a plus.
Additional Details
This posting represents the major duties, responsibilities, and authorities of this job, and is not intended to be a complete list of all tasks and functions. It should be understood, therefore, that incumbents may be asked to perform job-related duties beyond those explicitly described above.
Overview
Henry Ford Health partners with millions of people on their health journey, across Michigan and around the world. We offer a full continuum of services – from primary and preventative care to complex and specialty care, health insurance, a full suite of home health offerings, virtual care, pharmacy, eye care and other health care retail. With former Ascension southeast Michigan and Flint region locations now part of our team, Henry Ford’s care is available in 13 hospitals and hundreds of ambulatory care locations. Based in Detroit, Henry Ford is one of the nation’s most respected academic medical centers and is leading the Future of Health: Detroit, a $3 billion investment anchored by a reimagined Henry Ford academic healthcare campus. Learn more at henryford.com/careers.
Benefits
The health and overall well-being of our team members is our priority. That’s why we offer support in the various components of our team’s well-being: physical, emotional, social, financial and spiritual. Our Total Rewards program includes competitive health plan options, with three consumer-driven health plans (CDHPs), a PPO plan and an HMO plan. Our team members enjoy a number of additional benefits, ranging from dental and eye care coverage to tuition assistance, family forming benefits, discounts to dozens of businesses and more. Employees classified as contingent status are not eligible for benefits.
Equal Employment Opportunity/Affirmative Action Employer
Equal Employment Opportunity / Affirmative Action Employer Henry Ford Health is
committed to the hiring, advancement and fair treatment of all individuals without regard to
race, color, creed, religion, age, sex, national origin, disability, veteran status, size, height,
weight, marital status, family status, gender identity, sexual orientation, and genetic information,
or any other protected status in accordance with applicable federal and state laws.