UE provides liability insurance and risk management services to K-12 schools, colleges, and universities nationwide. UE is owned by a large and diverse membership. With 38 years serving education, we bring deep expertise to our members and focus on delivering an experience that leaves them feeling confident that we understand their needs and offer insights and solutions suited for their unique challenges. These sentiments are echoed in our culture, where we believe that building on and embracing our unique differences and perspectives enables us to better serve our members and fulfill UE’s mission.
The Accounting position is a robust role in the Finance department. The ideal candidate will prepare monthly financial workpapers, including data compilation, reconciliations, variance analysis and resolution, and ongoing management of assigned accounts. In addition, this role will ensure regulatory compliance by remaining current on filing requirements, prepare and file quarterly and annual regulatory financial reports and documents, and respond to requests for additional information. The candidate is expected to work independently, exercise judgement, appropriately handle sensitive information, and effectively collaborate across departments.
Responsibilities:
- Contribute to the cyclical financial closing of UE and subsidiaries in accordance to department deadline, prepare work papers, schedules and reports to support account balances and transactions, follow up and resolve outstanding issues and variances.
- Prepare monthly closing/elimination entries required for consolidation of financial statements and verifies accuracy.
- Complete regulatory reports and documents, and file with state insurance departments and regulatory agencies as required, research changes in regulatory requirements and determines applicability to the company, respond as appropriate to requests from state insurance departments and regulatory agencies.
- Prepare quarterly and annual NAIC statements, and file with state insurance departments and regulatory agencies as required, keep up-to-date with current accounting rules and regulations, and propose changes based on knowledge of these rules.
- Participate in or lead the planning and implementation of projects and initiatives.
- Support accounting financial systems as assigned.
- Serve as back up for Accounts Payable when necessary.
Requirements:
- One to three years experience in an Accounting department
- Accounting degree or related discipline
- Proficient in Microsoft Excel, Word, and Outlook
- Working knowledge of computerized accounting systems
- Excellent written and oral communication skills
- Knowledge of accounting transactions
- The ability to effectively multi-task and thrive in an atmosphere of constant change
- Knowledge of insurance accounting a plus
The below annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate/ annual salary to be offered to the selected candidate. Factors include, but are not limited to, the scope and responsibilities of the role, the selected candidate’s work experience, education and training, the work location as well as market and business considerations.Salary Range$65,000—$85,000 USD
Benefits:
- Health Insurance — We offer subsidized plan options with an optional pre-tax Health Savings Account (HSA), including an annual employer contribution and investment options. The plans offer a prescription benefit and telehealth.
- Dental Insurance — Two plan levels are available, depending on needs.
- Vision Insurance —We offer in- and out-of-network options; Lasik discounts are available.
- 401(k) — UE makes a 3% safe harbor non-elective contribution beginning the first of the month after date of hire; these funds are vested immediately. After one year of service, employees receive a 7% profit sharing non-elective contribution, as well as become eligible for a matched contribution of 25% of the first 5% employee deferral. Employees can make pre-tax contributions or taxed (Roth) salary reductions. Catch-up contributions for employees 50 years old and over. Employer contributions are fully vested three years from eligibility date.
- Life Insurance — UE pays for Basic Life Insurance, and employees have the option to apply for additional Voluntary coverage.
- Short- and Long-Term Disability Insurance — We offer coverage in the event employees are unable to work for a period of time.
- For the first two years of employment, employees accrue PTO at 24 days per year. At the beginning of the third year of service, employees accrue 30 days per year of PTO.
- 11 paid holidays annually including Juneteenth and an employee choice floating holiday
- Bonus eligibility is based on salary earned and performance for the year.
- Hybrid environment - employees are typically in the office 2-3 days per week after the initial training period.
- Support for individual growth through sabbaticals, leadership development, mentoring, and tuition assistance
- Inclusive and supportive culture that embraces diversity and provides opportunities for all to succeed
- Monthly lunches and various social events throughout the year
- Opportunities to join the Social Committee, Employee Resource Groups (ERGs), and Inclusion, Diversity, and Equity Alliance (IDEA)
