Staff Accountant

Posted Yesterday
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Chicago, IL, USA
In-Office
60K-75K Annually
Entry level
Insurance
The Role
Supports monthly financial close activities for Chicago and New York operations, including bank account reconciliations, intercompany accounting, settlements, statutory financial reporting, and ledger submissions. Maintains accurate and timely financial records while supporting regulatory and internal compliance requirements. This entry-level role offers opportunities to develop accounting expertise and improve processes.
Summary Generated by Built In

The Role

As part of the Finance team in Chicago this role will be supporting both the Chicago operations and the NY Operations. This is an entry level position that performs a critical function with room to grow as experience and efficiencies are developed. The role will be responsible for supporting monthly financial close processes, including account reconciliations, intercompany transactions, and settlement activities, while assisting with statutory reporting and group ledger submissions. This includes accuracy and timeliness of financial records in compliance with internal and external requirements.


Responsibilities

  • Reconciling various bank accounts each month 

  • Maintaining entries and reconciliations for intercompany payables/receivables each month

  • Assisting preparation of various annual and quarterly statutory financial statements

  • Preparation of entries and wire requests for various monthly settlements

  • Various UK parent group provided entries and ledger summary submissions

 

Skills and Qualifications

  • Business Process Improvement  (Proficiency Level 1)

  • Change Management (Proficiency Level 1)

  • Control Assurance  (Proficiency Level 1)

  • Data Management (Proficiency Level 1)

  • Documentation & Records Management (Proficiency Level 1)

  • Insurance Industry Expertise (Proficiency Level 2)

  • Regulatory Compliance (Proficiency Level 1)

  • General Ledger Accounting & Reconciliation (Proficiency Level 2)

  • Process Standardisation & Automation (Proficiency Level 1)

  • Tax & Accounting Principles and Standards (Proficiency Level 1)

  • Tax & Financial Accounting (Proficiency Level 2)

  • Tax & Financial Reporting (Proficiency Level 2)

 

Salary Range: $60,000 - $75,000

About UsOur benefits
We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory 401k, discretionary bonus, insurances including medical, dental and vision cover, and many other benefits to enhance financial, physical, social and psychological health.
 
About Canopius
Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.  
At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.
Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.  
We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate.  We encourage and welcome applicants from all diverse backgrounds.
We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.

Skills Required

  • Business Process Improvement proficiency level 1
  • Change Management proficiency level 1
  • Control Assurance proficiency level 1
  • Data Management proficiency level 1
  • Documentation and Records Management proficiency level 1
  • Insurance Industry Expertise proficiency level 2
  • Regulatory Compliance proficiency level 1
  • General Ledger Accounting and Reconciliation proficiency level 2
  • Process Standardisation and Automation proficiency level 1
  • Tax and Accounting Principles and Standards proficiency level 1
  • Tax and Financial Accounting proficiency level 2
  • Tax and Financial Reporting proficiency level 2
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The Company
1,037 Employees
Year Founded: 2003

What We Do

Canopius is a global specialty and Property & Casualty (re)insurer serving clients through offices in the UK, the US, Bermuda, Singapore and Australia. The company provides underwriting and reinsurance coverage across more than 130 countries, using its international platform and broad market reach to support customers with specialty insurance solutions. Its business is focused on delivering world-class risk-transfer capacity across global markets.

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