Jobs

Description

Job Title:  Policy Accounting Consultant

Fulltime: 37.5 hours

Hybrid: Mon/Fri Remote; Tues Wed Thurs onsite

Required:

• Experience with debit and credit transactions and a strong understanding of accounting principles.
• Proven account reconciliation experience, with the ability to identify and resolve discrepancies accurately and efficiently.
• Ability to work effectively in a collaborative team environment while maintaining strong independent work habits.
• Demonstrates curiosity, initiative, and adaptability, with the capability to learn new processes and take on additional responsibilities as needed
• Reliable team player who can cross-train and provide coverage for colleagues during PTO and other absences, ensuring continuity of operations. 

Position Overview

• The Policy Accounting Consultant will support the Policy Accounting team, which is responsible for the oversight, reconciliation, certification, and reporting of daily, monthly, and annual policy accounting activity.
• The ideal candidate is highly organized, detail-oriented, and analytical, with strong reconciliation experience and a demonstrated ability to work collaboratively across teams. This role will assist with daily accounting processes, month-end close activities, audit support, reporting, and special projects.

Primary Responsibilities

Daily Reconciliation and Accounting Activities

Run Tableau reports and review policy-level accounting activity for completeness and accuracy by performing daily reconciliations for the following:

• Premiums
• Separate account activity
• Units
• Commissions
• NACHA transactions
• Loan payments

• Update and validate asset-based service fee payments maintained in a Microsoft Access database.
• Maintain the audit log for policy disbursements, including Surrenders, death claims, withdrawals and loans.
• Research reconciliation differences and work with appropriate business partners to resolve outstanding items.
• Ensure reconciliation results, explanations, and supporting documentation are complete and maintained in accordance with audit requirements.
• Assist Policy Accounting team members with special projects and other accounting activities as needed.

Month-End Close Activities

• Prepare general ledger journal entries.
• Upload journal entries to the SAP general ledger accounting system.
• Reconcile monthly balance sheet accounts, including surrender clearing and Death Course of Settlement.
• Prepare and distribute scheduled accounting and operational reports.
• Support the timely and accurate completion of month-end close requirements.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field, or equivalent professional experience performing accounting reconciliations.
• Strong reconciliation, analytical, and problem-solving skills.
• Advanced Microsoft Excel skills.
• Insurance, life insurance, or policy accounting experience is a plus.
• Strong attention to detail and organizational skills.
• Ability to manage multiple priorities and meet established deadlines.
• Ability to work independently while contributing effectively in a team environment.
• Strong written and verbal communication skills.