Posted:
8/21/2024, 1:19:50 PM
Location(s):
Illinois, United States ⋅ Park Ridge, Illinois, United States
Experience Level(s):
Senior
Field(s):
Accounting
Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.
Company Overview:
Clear Spring Health is part of Group One Thousand One (“Group1001”), a customer-centric insurance group whose mission is to make insurance more useful, intuitive and accessible so that everyone feels empowered to achieve financial security. Clear Spring Health is dedicated to helping seniors protect their health and well-being by providing Medicare Advantage plans in select counties of Colorado, Illinois, North Carolina, and Virginia, plus Georgia and South Carolina and offers Medicare Prescription Drug Plans in 42 states plus DC.
Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.
Job Summary
Reporting to the Accounting Manager, the Senior Accountant will be involved with the review and preparation of journal entries, balance sheet reconciliations, cash management, financial controls, the financial closing and financial reporting processes.
Main Accountabilities:
Preparation and review of financial statements, including Quarterly and Annual Statement filings
Responsible for preparation and review of journal entries, account reconciliations and other duties as part of the monthly financial close
Prepare/review account analysis as required including summarize and present findings
Preparation and review of insurance regulatory filings
Assist with various CMS Medicare required processes involving transaction reconciliation
Maintain Holding Company and non-insurance company general ledgers
Create and update internal controls related to the financial processes and continually evaluate and improve controls
Provide support for independent audits, Medicare audits and state insurance department exams
Oversight in projection and budget preparation
Other duties/projects as assigned
Qualifications:
Experience with Managed Care insurance and Medicare Part D products
Good understanding of the health insurance industry, its products, financials and operations
Strong knowledge of insurance financial systems
5+ years of progressive experience in financial and accounting roles, supervisory experience a plus
Ability to meet deadlines and perform multiple functions
Excellent proficiency with Microsoft Office, particularly Excel, and financial software, Oracle a plus
Undergraduate degree in accounting
CPA or equivalent financial designation a plus
Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package. Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options. Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability, and to enroll in the Company’s Employee Assistance Program and other wellness initiatives. Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.
#LI-AT1Website: https://group1001.com/
Headquarter Location: Zionsville, Indiana, United States
Employee Count: 251-500
Year Founded: 2013
Industries: Finance ⋅ Financial Services ⋅ Insurance