Statutory Accounting Manager

As a Statutory Accounting Manager at At-Bay, you will oversee the monthly accounting close for our insurance legal entity, manage journal entries, account reconciliations, and handle statutory filings including NAIC filings. You’ll be empowered to lead process improvements and create a culture of collaboration and strong internal controls, impacting financial reporting significantly.

To be considered for the Statutory Accounting Manager role at At-Bay, you should have a solid background in insurance accounting, preferably with experience in statutory reporting and audits. Strong analytical skills, coupled with the ability to manage competing priorities and ad hoc projects, are essential to thrive in this position.

The Statutory Accounting Manager will play a vital role in establishing efficient accounting processes that align with At-Bay's vision for handling cyber risks. By improving the monthly reporting process and enhancing internal controls, your contributions will support our mission of creating comprehensive cyber insurance solutions.

As a Statutory Accounting Manager at At-Bay, you may face challenges associated with managing a fast-paced accounting environment, especially during month-end close and regulatory reporting cycles. Adapting to evolving statutory requirements while identifying areas for process improvement will be key challenges to navigate.

At At-Bay, you'll find a culture that emphasizes collaboration, professional development, and a focus on building processes rather than overtime. The Finance team values knowledge sharing and supports each other to create an engaging and efficient work environment.

As a Statutory Accounting Manager at At-Bay, you'll have opportunities for significant career growth. You can expand your expertise in insurance accounting while also participating in cross-functional projects that can lead to leadership roles within the Finance team and beyond.

Success in the Statutory Accounting Manager role will involve fully understanding the insurance month-end close process, strengthening internal controls, and actively contributing to regulatory filings. You’ll also establish solid relationships across the company, crucial for your long-term impact on At-Bay's operations.

In your response, focus on specific statutory reporting experiences you've had in previous roles. Highlight the types of reports you've prepared, any challenges you faced, and the steps you took to ensure accuracy and compliance with regulations, showcasing your attention to detail.

Demonstrate your organizational skills by sharing a specific example where you successfully managed multiple deadlines. Explain your process for prioritizing tasks, such as evaluating urgency and importance, and using project management tools to ensure timely completion.

Share the methods you use for verification, such as extensive reconciliations, peer reviews, and flowcharting processes. Emphasize your commitment to detail and how you foster a culture of accountability in your teams to enhance reporting accuracy.

Provide a specific instance where you identified inefficiencies in a financial reporting process. Describe the steps you took to innovate and implement improvements, detailing the measurable impact this had on the team or organization.

Discuss your familiarity with various regulatory frameworks such as NAIC, the importance of compliance, and any experiences you have had in preparing statutory filings. Reflect on how you keep up with changes in regulations to remain compliant.

Talk about your approach to conflict resolution. Highlight the importance of open communication, active listening, and how you seek to understand all perspectives before facilitating a collaborative solution.

In your answer, reflect on common challenges such as time constraints, ensuring all data is accurate and reconciled, and how you proactively manage these challenges to maintain a smooth close process.

Discuss your methods for staying informed, which may include attending workshops, following industry leaders on social media, and participating in professional organizations. Emphasize your commitment to continuous learning.

Share how you've previously mentored team members or implemented training programs that led to improved performance and productivity. Highlight specific instances where your efforts led to tangible results.

Discuss your passion for the field, how it aligns with your career goals, and the satisfaction you gain from contributing to an area that supports businesses in Risk Management, particularly in the evolving field of cyber insurance.