About this role
Job Summary
This role is in partnership with the Drexel Co-Op program. Under the oversight and direction of Financial Reporting management and in support of the Financial Reporting Senior Analyst, responsible for preparing all quarterly and annual external financial statements/reports as required of the Company on the basis of Statement of Statutory Accounting Principles (SSAP). Responsibilities including, but not limited to:
Key Responsibilities:
- Assisting in the preparation and validation of quarterly Department of Insurance (DOI) financial reports/fillings and various other external financial filings.
- Preparing SSAP related adjustments and maintaining associated dimension in Oracle.
- Performing overall variance analysis on the above noted reports.
- Preparing assigned audited annual financial statements and related disclosures on a SSAP basis.
- Participating in the implementation of new SSAP guidance as it relates to the completeness and accuracy of the financial statements and related disclosures.
- Maintaining Workiva Financial Reporting module and all associated reports, report links, certifications, validation rules, etc.
- Identifying process inefficiencies, recommending efficient process alternatives, and assisting in implementation of such process improvements.
Education/Experience:
- Currently pursuing a Bachelor’s degree in Accounting.
- Interest in obtaining a CPA certification in the future.
- Basic understanding of U.S. Generally Accepted Accounting Principles and their application.
- Basic understanding of SSAPs and their application is a plus.
- Exposure to coursework or projects involving the preparation of financial statements.
- Familiarity with annual audited financial statements, reports, and related disclosures through academic work or internships.
- Experience with Hyperion/Oracle or similar ERP systems is helpful but not required.
- Proficient with Microsoft Office applications, particularly Excel, Word, and PowerPoint.
- Experience with Workiva and Statement Pro or similar systems is a plus.
- No prior professional experience required; previous internship or relevant coursework preferred.