Consultant, Statistical Accounting
Nationwide (US) · Columbus, United States · 1d ago
The Statistical Reporting team analyzes and reports Property & Casualty business information to state departments of insurance, industry bureaus, and other regulatory agencies. This work supports regulatory compliance, audits, and the company’s continued licensing to sell insurance.
Key Responsibilities
- Analyze Property & Casualty data and prepare accurate regulatory filings and audit responses.
- Use Excel to analyze, reconcile, and present data; extract, analyze, and work with data from multiple systems and tools, such as TOAD, PolicyCenter, PS, WINS, and Databricks. Familiarity with these platforms is preferred.
- Communicate effectively with internal and external business partners, executives, and regulatory representatives.
- Build and maintain strong working relationships with key partners, including:Pricing and ProductAFS, including Reinsurance, Close, and Accounts PayableComplianceState LegalFRAP Statutory ReportingPremium TaxProject teamsInformation Technology
- Identify and complete process improvements that enhance efficiency, accuracy, and reporting quality.
- Support ad hoc analyses, reporting requests, and other priorities as assigned.
Ideal Candidate
The ideal candidate is passionate about working with data and brings strong analytical, communication, and problem-solving skills. They are able to quickly learn and apply new concepts, adapt to changing priorities, collaborate effectively across teams, and pivot quickly to meet evolving business needs.
This position will be hired on a SuccessFlex basis. The hired associate must reside within 35 miles of the following location:
1 Nationwide Plaza
Work schedule: 2 days in office, 3 days remote.
This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.
Job Description Summary
Do you want to invest in yourself and thrive in an environment of innovation, problem solving, collaboration and learning? If you’re prepared to work in a technology-enabled, digitally-focused organization, where Controllership is a captivating and respected career, we want to hear from you!As a Consultant, you'll provide consultation on the standard methodologies to acquire, evaluate, interpret, record and analyze financial data used to prepare statements and/or reports for various regulatory and statutory authorities and for internal management. We’ll count on you to demonstrate integrity and solid financial acuity with our customers, business partners and regulators.
Job Description
Key Responsibilities:
Coordinates the research, analysis and implementation of new and/or revised accounting policies and procedures. Develops recommendations to enhance, improve or facilitate job performance, processing or workflow.
Advises senior management on acquiring data, records, analyzing and preparing complex accounting transactions and statements.
Responsible for development and submission of complex accounting and financial transactions required to ensure accurate reporting at all levels.
Advises management of the accuracy of all reports, forms and data provided to internal and external clients/customers.
Coordinates development of actions/policies to deal with unfavorable financial situations as disclosed by accounting analysis.
Functions as the specialist on changes to GAAP and/or STAT regulatory requirements which ultimately impact the submission of financial documents, reports and other data. Provides consultation on the internal impact.
Acts as project lead in development and design of new and enhanced systems and processes within the assigned area(s).
Guides the preparation and analysis of the most complex pro-forma financial data required for compliance with new requirements.
Provides advice to management on applying financial data and analysis to solve administrative and operating problems.
Coordinates and owns the preparation of complex financial information to provide to auditors, IRS, state examiners and other regulatory agencies, as assigned.
May perform other responsibilities as assigned.
Reporting Relationships: Reports to Accounting Manager/Director; This is an individual contributor role, may serve in a project lead capacity.
Typical Skills and Experience:
Education: Undergraduate studies in accounting, finance or business administration; accounting major and degree preferred.
License/Certification/Designation: Progress towards CPA preferred.
Experience: Six or more years of related accounting experience; insurance experience preferred.
Knowledge, Abilities and Skills: GAAP and/or STAT knowledge and functional business area regulatory requirements. Knowledge of industry standard methodologies in sophisticated financial statement preparation, including consolidation of companies/subsidiaries. Knowledge of taxation principles and the related impact on statement preparation. Understands company organizational structure, products and services. Verbal and written communication skills for internal/external contacts. Ability to analyze, discover and solve accounting problems, to interpret financial documents and data and to analyze and interpret legal requirements. Project management skills. Ability to interpret changes in financial reporting and legal requirements relative to the impact on financial statement preparation and to the formulation of company or business area policies and procedures. Ability to effectively operate a personal computer and related software. Ability to apply accounting principles, theories, concepts and practices to specialized, unique and/or nonrecurring complex problems.
Other criteria, including leadership skills, competencies and experiences may take precedence.
Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner.
Values: Regularly and consistently demonstrates Nationwide Values.
Job Conditions:
Overtime Eligibility: Exempt (Not eligible)
Working Conditions: Normal office environment; may require extended hours in periods of high work volume.
ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.
Credit/Background Check: Due to the fiduciary accountabilities within this job, a valid credit and/or background check will be required as part of the selection process.
Benefits
We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.
Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.
NOTE TO EMPLOYMENT AGENCIES:
We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.
Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.The national salary range for Consultant, Accounting : $97,000.00-$180,000.00The expected starting salary range for Consultant, Accounting : $97,000.00 - $145,000.00