The Role
Support the financial accounting function by preparing financial statements, ensuring compliance with GAAP, and mentoring junior accountancy staff while overseeing special projects.
Summary Generated by Built In
About Us We’re not like other insurance companies. From our specialty products to our business model, our culture to our results — we’re different. Different is who we are, and how we work, interact, deliver and succeed together. Creating a different and better insurance experience doesn’t just happen. It takes focus and a shared passion for going beyond the expected to forge relationships and deliver care that makes a difference. This approach rises from and is supported by our talented, ethical and smart team of employee owners united around a single purpose: to work alongside our customers and partners when they need us, in unexpected ways, with exceptional results. Apply today to make a difference with us. RLI is a Glassdoor Best Places to Work company with a strong, successful background. For decades, our financial track record has been stellar — a testament to our culture and validation of our reputation as an excellent underwriting company.Position PurposeUnder occasional supervision, perform financial reporting and technical accounting activities to support accurate and timely US GAAP financial statements and SEC filings. This role is responsible for the preparation of consolidated financial statements and external reporting documents, and supports the maintenance of US GAAP accounting policies, including research and implementation of new US GAAP and SEC accounting guidance.Principal Duties & Responsibilities
- Prepare monthly consolidated GAAP financial statements.
- Account for share-based compensation and calculate diluted shares outstanding.
- Prepare earnings releases and draft financial statements and disclosures for quarterly and annual SEC filings, specifically Form 10-Q and 10-K.
- Manage the review and submission of iXBRL tagging for SEC filings.
- Maintain GAAP accounting policies and procedures; research and implement new accounting guidance.
- Prepare financial analyses and summaries for management and the board of directors.
- Serve as a contact for external auditors; support quarterly reviews and annual audits.
- Perform accounting for fixed assets, leases and impairment analysis.
- Identify and implement process improvements to increase efficiency and accuracy in financial reporting.
- Participate in or lead special projects, as assigned.
- Provide guidance and support to less experienced team members.
- Bachelor’s degree in accounting; CPA strongly preferred
- 4+ years of related experience
- [OR] equivalent level of education and experience
- Strong knowledge of GAAP and SEC reporting requirements
- Experience preparing or reviewing financial statements and related disclosures
- Strong analytical and problem-solving skills, including ability to research and apply accounting guidance
- Proficiency in Microsoft Excel and ability to work with large datasets
- Effective written and verbal communication skills, with ability to present findings to management
- Ability to exercise sound judgment, pay attention to detail and manage multiple priorities
- Annual bonus plans
- Employee stock ownership plan (ESOP)
- 401(k) — automatic 3% company contribution
- Annual 401k and ESOP profit-sharing contributions (Up to 15% of eligible earnings)
- Paid time off (PTO) and holidays
- Paid volunteer time off (VTO) to support our communities
- Parental and family care leave
- Flexible & hybrid work arrangements
- Fitness center discounts and free virtual fitness platform
- Employee assistance program
- Comprehensive medical, dental and vision benefits
- Flexible spending and health savings accounts
- 2x base salary for group life and AD&D insurance
- Voluntary life, critical illness, & accident insurance for purchase
- Short-term and long-term disability benefits
- Training & certification opportunities
- Tuition reimbursement
- Education bonuses
Top Skills
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The Company
What We Do
RLI is a U.S.-based specialty insurer that serves niche property, casualty and surety markets. We provide peace of mind to the customers we serve by safeguarding their assets and helping them manage risk. We hire smart, ethical people, make them owners of the business and give them the freedom to succeed. These are the principles that drive our success, and they’re the reasons we have been successful for more than 50 years. We believe in a different way of doing business and RLI is not what you’d expect from a typical insurance company. Our creative and collaborative workplace is cultivated by employee owners empowered to make good decisions for customers and the business. We have a reputation for niche expertise, superior service and an entrepreneurial culture. In the industry and among our peers, we’re known for: The best and brightest people in the industry who build strong relationships and provide outstanding service. An underwriting focus so we perform well in all market cycles. Our empowered, creative ownership culture. A customized approach to developing insurance products to meet very specific needs. Proven financial strength.
