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Statutory Financial Reporting Director

Pekin Insurance
Pekin, IL Full Time
POSTED ON 2/25/2025 CLOSED ON 5/25/2025

What are the responsibilities and job description for the Statutory Financial Reporting Director position at Pekin Insurance?

You spend at least a third of your day at your job. You might as well spend it doing something you really love while working with a team you really enjoy being with, right? That's the kind of atmosphere we offer at Pekin Insurance-fun, fast-paced, gratifying, supportive, and collaborative.

Of course, it's not all fun and games. Insurance is a serious business, and we pride ourselves on making people's lives whole again after a major disaster or even a fender bender. It's that sense of helping people that makes our team want to do our best every day.

If you want to be excited about starting your workday and are ready to make a real difference in people's lives, this could be the right spot for you.

See what Pekin Insurance has to offer by viewing a short video here.

Position Overview

The Financial Reporting Director provides timely and accurate financial information to management, auditors, and regulatory bodies while guiding others in the use of appropriate accounting practices.

Essential Job Functions

  • Trains, supervises, and mentors financial accounting staff and leadership
  • Responsible for researching, documenting, and implementing authoritative accounting guidance
  • Responsible for staying informed of developments in accounting guidance and reporting
  • Supervises and reviews the monthly internal financial statements
  • Reviews the filing of annual and quarterly statements and various supplemental filings to authorized states, multiple bureaus, and other agencies
  • Submits numerous statistical filings to outside bureaus and agencies
  • Reviews and ensures accuracy of all internal and external reports generated by accounting staff
  • Prepares documentation for and works with outside auditors and state examiners as needed
  • Reviews inter-company allocation of expenses between affiliate companies
  • Assists the Controller with various projects as needed
  • Performs other duties as assigned

Education & Experience

Required

  • Bachelor's degree in Accounting or Finance
  • Typically requires 8 years of pertaining to departmental functions
  • Typically requires 5 years of experience leading and managing teams

    • Preferred or Specialized

  • Master's Degree in Accounting or Finance preferred

    • Certifications & Licenses

  • Insurance designation or equivalent experience required
  • Certified Public Accountant (CPA) designation required

    • Knowledge, Skills & Abilities

    Demonstrated skill in :

  • leadership and collaboration
  • managing one's own time and working independently

    • Demonstrated ability to :

  • be creative and willingness to promote change
  • analyze, organize and prioritize work while meeting multiple deadlines
  • communicate effectively in both oral and written form
  • read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations
  • analyze and prepare documents, reports, and correspondence
  • effectively present information and respond to top management, public groups and / or board of directors
  • compute rate, ratio and percent and to draw and interpret spreadsheets
  • show extensive persuasive abilities, tact, and be able to communicate with personnel at all levels of the organization

    • Demonstrated knowledge of :

  • Microsoft Office software
  • Statutory Accounting Principles

    • Salary Range :

  • 121,000-$160,000 per year

    • This range is based on the expected level of experience and skills for this position. Final compensation will depend on individual qualifications.

  • This position is bonus eligible

    • Benefits :

  • Health, Dental and Vision Insurance
  • Generous 401(k) with company match
  • Paid Time Off (PTO) with Paid Holidays
  • Flexible / Hybrid Work Schedule
  • Paid Volunteer Program

    • For more information about the benefits we offer, please visit our Careers Page.

    LI-SB1

    Salary : $121,000 - $160,000

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