Accounting Director, Summit Reinsurance Services, Inc.

Why should you join the BlueCross BlueShield of South Carolina family of companies? Other companies come and go, but for more than seven decades we’ve been part of the national landscape, with our roots firmly embedded in the South Carolina community. We are the largest insurance company in South Carolina … and much more. We are one of the nation’s leading administrators of government contracts. We operate one of the most sophisticated data processing centers in the Southeast. We also have a diverse family of subsidiary companies that allows us to build on a variety of business strengths. We deliver outstanding service to our customers. If you are dedicated to the same philosophy, consider joining our team!

Position Purpose:

As a member of the Summit Re leadership team, you will lead all aspects of developing and implementing accounting policies and operations of accounting systems, budgeting, and financial reporting.   You will also direct accounting operations, which includes providing guidance over proper application of generally accepted accounting principles (GAAP), accounting for non-routine transactions, and managing the workflow of accounting staff to meet established deadlines and adherence to controls.

Logistics: This open position is within one of our subsidiary companies called Summit Reinsurance Services, Inc. (Summit Re) located in Fort Wayne, IN and Roseville, MN.  Summit Re is a managing underwriter that specializes in catastrophic medical excess of loss coverage, with an emphasis on managed care.  Summit Re’s vision is to be the recognized leader and trusted partner providing innovative risk management solutions for entities bearing healthcare risk which include employers, HMO’s, provider groups, captives and other insurance companies.

Location:

• This is a full-time position (40-hours/week) Monday-Friday 8:00am – 5:00pm working on-site at 6920 Pointe Inverness Way Suite 140 Fort Wayne IN 46804 or onsite in Roseville, MN 55113 with the potential to work a hybrid schedule (3 days in office, 2 days w@h).

• Internal candidates who are currently working remote may continue to work remotely. Internal candidates working in office must work in office with the potential to work hybrid.

What You’ll Do:

• Serve as primary decision maker accountable for accounting functions

• Managing the monthly, quarterly and/or year-end processes for the business unit

• Comply with internal control requirements as well as direct the preparation of accounting entries and the reconciliation of accounts

• Uses professional accounting concepts and internal company policies to solve complex accounting issues

• Direct the preparation and delivery of monthly bordereaux closes for all markets and forwards appropriate reporting to carrier/reinsurer partners

• Oversee execution of financial reporting processes and prepare management financial reporting packages and executive summary schedules for support areas

• Be the liaison for audits and review process, which includes preparing financial statements and applicable supporting audit/review schedules

• Collaborate with other areas and teams to address projects, budgets, develop policies, procedures, and controls, and align resources to meet department needs

• Lead the overall relationships with outside agencies and regulators, vendors, and other management or business areas

• Provide leadership, mentorship, and professional development opportunities to team members as well as provide leadership and strategic support as a member of the Summit Re leadership team.

To Qualify for This Position, You’ll Need:

• Bachelor's degree Accounting or related degree with 24 semester hours in accounting.

• Internal candidates hired prior to August 1, 2008, in an accounting position only requires 21 semester hours of accounting.

• 10+ years of accounting experience.

• Including either 3 years of supervisory/management experience OR 3 years of equivalent military experience in grade E4 or above

• Excellent communication skills.

• In-depth knowledge of accounting principles and practices

• Excellent analytical and problem solving skills.

• Strong project management, organizational, decision-making, and flexibility skills.

• Highly effective leadership skills.

• Microsoft Office.

We Prefer That You Have:

• CPA

• QuickBooks Pro experience

• Experience with reinsurance and/or insurance lines of business

Our comprehensive benefits package includes the following:

• 401(k) retirement savings plan with company match

• Subsidized health plans and free vision coverage

• Life insurance

• Paid annual leave — the longer you work here, the more you earn

• Nine paid holidays

• On-site cafeterias and fitness centers in major locations

• Wellness programs and a healthy lifestyle premium discount

• Tuition assistance

• Service recognition

What We Can Do for You:

We understand the value of a diverse and inclusive workplace and strive to be an employer where employees across all spectrums have access and opportunity to develop their skills, advance their careers and contribute their unique abilities to the growth of our company.

What to Expect Next:

After submitting your application, our recruiting team members will review your resume to ensure you meet the qualifications.  This may include a brief telephone interview or email communication with our recruiter to verify resume specifics and salary requirements. Management will be conducting interviews with those candidates who qualify with prioritization given to those candidates who demonstrate the preferred qualifications.

Equal Employment Opportunity Statement

BlueCross BlueShield of South Carolina and our subsidiary companies maintain a continuing policy of nondiscrimination in employment to promote employment opportunities for persons regardless of age, race, color, national origin, sex, religion, veteran status, disability, weight, sexual orientation, gender identity, genetic information or any other legally protected status. Additionally, as a federal contractor, the company maintains affirmative action programs to promote employment opportunities for individuals with disabilities and protected veterans. It is our policy to provide equal opportunities in all phases of the employment process and to comply with applicable federal, state and local laws and regulations.

We are committed to working with and providing reasonable accommodations to individuals with disabilities, pregnant individuals, individuals with pregnancy-related conditions, and individuals needing accommodations for sincerely held religious beliefs, provided that those accommodations do not impose an undue hardship on the Company.

If you need special assistance or an accommodation while seeking employment, please email [email protected] or call 800-288-2227, ext. 47480 with the nature of your request. We will make a determination regarding your request for reasonable accommodation on a case-by-case basis.

We participate in E-Verify and comply with the Pay Transparency Nondiscrimination Provision. We are an Equal Opportunity Employer. Here's more information.

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