Insurance Renewal & Claims Administrator/Sr. Accountant (Administrative)

Insurance Renewal & Claims Administrator/Sr. Accountant

Position Summary/Objective

This role is responsible for managing the comprehensive Property & Auto insurance renewal process, coordinating claims with internal and external stakeholders, and ensuring timely and accurate communication and reporting. The ideal candidate will excel in maintaining financial records aligned with GAAP standards and support organizational objectives through effective insurance administration and accounting expertise. This role requires a proactive, detail-oriented professional capable of balancing administrative tasks with complex financial reporting responsibilities. This position requires previous experience in insurance renewals as well as claims administration.

Essential Duties and Responsibilities

Insurance Administration

• Obtain updates on all incidents/claims from internal and external sources.
• Maintain and update the incident/claims master schedule.
• Host weekly calls to communicate material updates and gather information from the internal insurance team.
• Manage the insurance process for catastrophic/significant one-off events.
• Communicate with insurance carriers regarding claims, acquisitions, and dispositions.
• Track and monitor property insurance policies.
• Prepare applications and provide necessary information to brokers.
• Complete insurance policy audits to ensure accuracy and compliance.
• Ensure timely payment of insurance premiums.

Accounting and Financial Reporting

• Provide information to accounting for the monthly recording of insurance-related items, including expenses, captive entries, and prepaids.
• Analyze accounting records, including financial statements, to assess accuracy, completeness, and adherence to standards.
• Reconcile and analyze assigned balance sheet accounts.
• Prepare and record journal entries with proper documentation and support.
• Support the completion of financial period closings within established deadlines.
• Assist with year-end audit preparation and respond to audit-related inquiries.
• Perform ad-hoc reporting and analysis as needed.

Cross-Functional Collaboration and Compliance

• Work with investments and accounting teams to determine if damaged properties can be released and identify any lender reporting requirements.
• Follow and maintain policy and procedural documentation to ensure compliance with internal and external requirements.
• Research and apply accounting policies and procedures to maintain accurate financial data.
• Collaborate with other departments, such as investments, property management, and legal, to support company objectives related to insurance and financial reporting.

 

Minimum Qualifications (Knowledge, Skills, and Abilities)

• Bachelor's degree in accounting 
• Previous Property & Auto Insurance claims administration required; insurance renewal experience preferred
• 4+ years' experience in accounting field
• Accounting and Reconciliation Skills
• Intermediate or Better Excel Skills including advance formulas and pivot tables
• Good Ethical Conduct
• Performs tasks with minimal supervision with reliability in checking own work for accuracy 
• Knowledge of Generally Accepted Accounting Principals 
• Strong analytical, organizational and communication skills 
• Comfortable training coworkers and provide on job training
• Public Accounting experience  
• CPA  Preferred
• Public / SEC reporting experience

Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. 

Supervisory Responsibility

This position has no direct supervisory responsibility

Travel          

As needed – minimal expected

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. 

We recognize that people come with a wealth of experience and talent beyond just the technical requirements of the job. If your experience is close to what you see listed here, please still consider applying. Diversity of experience and skills combined with passion is a key to innovation and excellence; therefore, we encourage people from all backgrounds to apply to our positions. Please let us know if you require accommodations during the interview process.

We are an equal opportunity employer. Qualified applicants shall be considered for all positions without regard to race, color, sex, religion, national origin, age, disability, veteran status, or any other status protected by federal, state or local law.  We are also a Drug Free Workplace. Qualified applicants will also be required to pass a drug screening before receiving an offer or beginning employment. Refusal to submit to testing will result in disqualification of further employment consideration.

Accounting/ Finance