New

Sr. Insurance Accountant

Vaco
$50.00 - $70.00 / hr
United States, New Jersey, Bridgewater
Jan 18, 2025
Insurance Accountant Contract, start asap, interviewing asap. Vaco is conducting a confidential search for a Sr. Insurance Accountant on behalf of our client. This role is hybrid, based in the Bridgewater, NJ area (exact location to be provided to shortlisted candidates). The ideal candidate must have experience in the insurance industry, with a preference for candidates with reinsurance expertise. This is an urgent opportunity requiring immediate interviews and start dates. Key Details: Location: Hybrid, Bridgewater, NJ area (local candidates preferred within driving distance of Somerset County, NJ). Compensation: $50-$70/hr (W2 only). Will work as hourly consultant for Vaco Staffing. 6+ month contract position, potential to extend, potential for conversion. Employment Type: No C2C, 1099, or sponsorship options available now or in the future. Availability: Immediate. Role Responsibilities The Sr. Insurance Accountant will be responsible for daily accounting activities focusing on loss transactions. Core responsibilities include: Overseeing daily loss funding transactions and AP voucher certification. Assisting with journal entries and contributing to monthly/quarterly closing tasks. Conducting and reviewing account reconciliations and variance analyses related to claim funding. Addressing funding and banking concerns as needed. Managing policy and claim management systems to ensure compliance with guidelines. Supporting quarterly accruals, reclassifications, and adjustment entries. Participating in audits of Third-Party Administrators (TPAs). Verifying the currency of TPA documentation and insurance certificates. Completing special accounting and reporting projects as required. Analyzing and navigating large Excel datasets with precision. Communicating effectively with TPA contacts and escalating noncompliance to management. Collaborating with external and internal auditors to maintain compliance with procedural controls. Identifying and implementing process improvements alongside finance, IT, and operational teams. Qualifications Bachelor's degree in Accounting or Finance. Minimum 5 years of professional experience in accounting or finance, with strong reconciliation expertise. Advanced proficiency in Microsoft Excel (minimum 5 years; Access experience is a plus). Demonstrated ability to work independently and within a team. Highly organized, detail-oriented, and motivated, with strong analytical skills. Excellent verbal and written communication abilities. Capacity to quickly adapt to new tasks with minimal supervision. Note: Exact client details will only be shared with shortlisted candidates. If you are local to the Somerset County area, possess the required expertise, and can start immediately, this is an excellent opportunity to join a dynamic organization. For further details or to apply, please reach out to us promptly. Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. EEO Notice Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law. Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com . Vaco also wants all applicants to know their rights that workplace discrimination is illegal. By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal. Privacy Notice Vaco LLC and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco") respects your privacy and are committed to providing transparent notice of our policies. California residents may access Vaco's HR Notice at Collection for California Applicants and Employees here. Virginia residents may access our state specific policies here. Residents of all other states may access our policies here. Canadian residents may access our policies in English here and in French here. Residents of countries governed by GDPR may access our policies here. Pay Transparency Notice Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to: the individual's skill sets, experience and training; licensure and certification requirements; office location and other geographic considerations; other business and organizational needs. With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.