Alignment Health is breaking the mold in conventional health care, committed to serving seniors and those who need it most: the chronically ill and frail. It takes an entire team of passionate and caring people, united in our mission to put the senior first. We have built a team of talented and experienced people who are passionate about transforming the lives of the seniors we serve. In this fast-growing company, you will find ample room for growth and innovation alongside the Alignment Health community. Working at Alignment Health provides an opportunity to do work that really matters, not only changing lives but saving them. Together.
The Statutory Reporting Director will work closely with the accounting team in performing all aspects of statutory filings. Additionally, the candidate will assist with reviewing and documenting technical accounting issues, provide guidance on statutory accounting principles (“SAP”), and perform various special projects on an as needed basis.This role will interact and be highly visible to executives in all departments throughout the Company and will be a critical member of our growing and high-performing accounting team.
The Statutory Reporting Director will report directly to the AVP of Accounting & SEC Reporting. This position is based out of the corporate headquarters in Orange, CA, with the ability to work remotely 100% of the time.
Job Responsibilities:
Prepare, review, and analyze Statutory financial statements and filings for multiple states
Supervise, review and/or prepare the completion of all supplemental reporting/filings for insurance companies in multiple states
Participate with preparation of risk-based capital forecasts as requested
Research new and existing SAP/NAIC requirements
Ensure all statutory reports and disclosures comply with statutory accounting principles
Supervise and coordinate with third-party consultants
Direct preparation of standalone regulatory filings, including preparation and coordination of supporting schedules
Conduct detailed research of potential changes to accounting rules proposed by accounting standards setters
Research complex accounting topics and assist with the preparation of technical accounting memos
Oversee the strategic planning of the statutory accounting department
Work with the General Ledger team to ensure that relevant accounting standards are appropriately and consistently applied
Respond to requests from external auditors and state regulators, including DOI audits
Develop statutory accounting policies and procedures
Support special project requests relating to Financial Reporting and Analysis that require skills related to the understanding and application of technical accounting standards and financial reporting including Statutory and GAAP accounting basis requirements
Required Skills and Experience:
Minimum Experience:
5+ years of progressive experience in Statutory Accounting Principles
3-4 years of experience with health insurance statutory filings
Education/Licensure:
Bachelor’s degree in accounting or business is required
Certified Public Accountant license is required
Other:
Solid understanding of Statutory accounting principles and GAAP financial reporting concepts, including following latest emerging guidance from the National Association of Insurance Commissioners (“NAIC”).
Solid technical accounting research skills
Strong accounting, finance and business acumen
Excellent communication skills
Excellent project management and organization skills
Inspiring and motivating; results driven; self-motivated; ability to work constructively under pressure; able to work with others at varying levels within the organization
Proficiency in Microsoft Word and Excel
Strongly Preferred:
Experience with Gain Compliance software Experience with health insurance statutory reporting Experience in SOX
Experience with Gain Compliance software Experience with health insurance statutory reporting Experience in SOX 404 or NAIC Model Audit Rule standards
Alignment Healthcare, LLC is proud to practice Equal Employment Opportunity and Affirmative Action. We are looking for diversity in qualified candidates for employment: Minority/Female/Disable/Protected Veteran.
Pay Range: $113,332.00 - $169,999.00Pay range may be based on a number of factors including market location, education, responsibilities, experience, etc.
Alignment Health is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, age, protected veteran status, gender identity, or sexual orientation.
*DISCLAIMER: Please beware of recruitment phishing scams affecting Alignment Health and other employers where individuals receive fraudulent employment-related offers in exchange for money or other sensitive personal information. Please be advised that Alignment Health and its subsidiaries will never ask you for a credit card, send you a check, or ask you for any type of payment as part of consideration for employment with our company. If you feel that you have been the victim of a scam such as this, please report the incident to the Federal Trade Commission at https://reportfraud.ftc.gov/#/. If you would like to verify the legitimacy of an email sent by or on behalf of Alignment Health’s talent acquisition team, please email [email protected].
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What We Do
Alignment Healthcare is redefining the business of health care by shifting the focus from payments to people. We’ve created a new model for health care delivery that cuts costs and improves lives by unraveling the inefficiencies of the current system to drive patients, providers and payers toward a common goal of wellness. Harnessing best practices from Medicare Advantage, our innovative data-management technology allows us to commit to caring for seniors and those who need it most: the chronically ill and frail. Alignment Healthcare provides partners and patients with customized care and service where they need it and when they need it, including clinical coordination, risk management and technology facilitation. Alignment Healthcare offers health plan options through Alignment Health Plan, and also partners with select health plans to help deliver better benefits at lower costs. For more information, please visit www.alignmenthealthcare.com.
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