HybridHybrid work arrangement; required in-office frequency is not stated.
AccountingFinancial Accounting
About the job
Requirements
A bachelor's degree from an accredited institution or equivalent, with an Accounting or Finance degree required.
Fifteen or more years of experience in an accounting or financial role within the insurance industry.
Strong personal computer skills, including Excel, Word, Outlook, and PowerPoint.
Ability to clearly present information through spoken or written communication and interpret complex information with moderate supervision.
Ability to establish rapport with customers and business partners.
Ability to analyze relevant aspects of a situation before reaching a conclusion.
Ability to handle multiple tasks in a fast-paced environment, independently and collaboratively.
Strong organization and time-management skills with exceptional attention to detail.
Responsibilities
Oversee the organization's daily accounting operations.
Manage the monthly, quarterly, and annual close process.
Prepare and review internal financial statements.
Oversee premium and revenue accounting, including written premium, earned premium, policy fees and commissions, and premium receivables.
Ensure premiums are accurately recorded by policy period, product line, state or jurisdiction, and distribution channel.
Coordinate loss and reserve accounting for paid losses, case reserves, incurred but not reported reserves, and loss adjustment expenses.
Work with actuarial, claims, and finance teams to validate reserve-related financial entries and review reserve movements.
Oversee ceded and assumed reinsurance accounting where applicable.
Ensure proper recording of reinsurance recoverables, ceded premiums, commissions, loss recoveries, and funds-held balances.
Reconcile treaty and facultative activity with reinsurers and brokers.
Monitor the collectability and aging of reinsurance balances.
Support preparation of statutory financial statements, including annual, quarterly, and supplemental schedules.
Ensure compliance with statutory accounting principles, International Financial Reporting Standards, and state insurance department requirements.
Train team members on accounting policy, insurance accounting concepts, and controls and documentation standards.
Provide leadership to maintain a motivated, productive, and competent team through communication and delegation of responsibilities and authority.
Build the team and maximize resources and capabilities to deliver business results.
Guide and direct team members in their personal and professional development.
Drive performance excellence through goal-setting, quality feedback, and midyear and annual performance appraisals.
Design, maintain, and monitor internal controls over financial reporting.
Ensure proper segregation of duties and approval workflows.
Review controls over premium accounting, claims disbursements, journal entries, reconciliations, and financial reporting systems.
Support compliance with internal governance requirements.
Identify accounting and reporting risks and escalate issues when needed.
Monitor cash flow, liquidity, and working capital.
Oversee bank reconciliations and cash controls.
Support treasury processes including cash forecasting, funding needs, and payment controls.
Review operational accounting impacts related to claims payments, producer commissions, reinsurance settlements, and vendor and third-party administrator payments.
Serve as a key contact for external financial statement audits, Sarbanes-Oxley-related work, internal audit reviews, and insurance department examinations.
Prepare audit schedules, account analyses, and supporting documentation.
Resolve audit questions and help implement remediation plans for control gaps.
Improve efficiency, standardization, and accuracy in accounting workflows.
Perform special projects and assignments under the direction of senior leadership.
Perform other duties as assigned.
Desired Qualifications
Certified Public Accountant designation.
Crum & Forster Company Overview
Crum & Forster (C&F) provides market leading property & casualty, accident & health, specialty and standard commercial lines insurance solutions. A true underwriting company, we have a 200-year history of helping our customers manage risk with laser-focused expertise, integrity and discipline. Our people are empowered to make decisions and problem-solve with you smartly and swiftly. Our annual gross written premium is 6.2 billion. C&F enjoys a financial strength rating of "A+" (Superior) by AM Best.
Our most valuable asset is our people. We have 3000 employees, and locations throughout the United States and India. With our employee-first focus, the Company is consistently recognized as a great place to work, earning multiple workplace and wellness awards, including the Great Place to Work® Award, Fortune 100 Best Companies to Work For, Fortune Best Workplaces for Parents, Fortune Best Workplaces for Millennials, and many others.
C&F is part of Fairfax Financial Holdings. For more information about C&F, please visit our website: www.cfins.com
Job Description
Since 2000, Crum & Forster’s Accident & Health division (A&H) has offered a diverse portfolio of specialty insurance and reinsurance products nationwide. We place a strong focus on product development and creative distribution methods, along with excellent client service and support.
In addition to our robust domestic portfolio, which spans both special risk and medical solutions, A&H works on an international basis through various partnerships. Our global capabilities provide our partners with even broader flexibility in underwriting solutions. Gross premium written in 2025 surpassed $2.4B.
The qualities and capabilities of Crum & Forster Accident & Health demonstrate our philosophy of building meaningful, long-term partnerships and our dedication to providing alternative strategies in an ever-changing insurance market.
Information about the Role, Line of Business and Team:
The Finance Organization of the Crum & Forster Accident & Health Division is looking for an experienced multi-talented individual to join the team. This individual will be responsible for the oversight and leadership of financial reporting, accounting operations, financial governance, controls, and statutory compliance.
What you will do:
Oversee the daily accounting operations of the organization
Manage the monthly, quarterly, and annual close process
Prepare and review internal financial statements
Premium and Revenue Accounting
Oversee accounting for: Written premium, Earned premium, Policy fees and commissions, Premium receivables
Ensure premiums are recorded accurately by: Policy period, Product line, State or jurisdiction, Distribution channel
Loss and Reserve Accounting
Coordinate accounting for: Paid losses, Case reserves, Incurred but not reported reserves, Loss adjustment expenses
Work with actuarial, claims, and finance teams to:: Validate reserve-related financial entries, Review reserve movements
Reinsurance Accounting
Oversee ceded and assumed reinsurance accounting, where applicable
Ensure proper recording of: Reinsurance recoverables. Ceded premiums, Commissions, Loss recoveries, Funds held balances
Reconcile treaty and facultative activity with reinsurers and brokers
Monitor collectability and aging of reinsurance balances
Regulatory and Statutory Responsibilities
Support preparation of statutory financial statements such as Annual, Quarterly, and Supplemental Schedules
Ensure compliance with: Statutory accounting principles, IFRS, State insurance department requirements
Leadership
Train team members on: Accounting policy, Insurance accounting concepts, Controls and documentation standards.
Help build a culture of accuracy, accountability, and continuous improvement.
Provide the leadership necessary to maintain a motivated, productive and competent team through open communication and delegation of responsibilities and authority.
Be a team leader and builder who has an eye for talent with the ability to maximize resources and capability to deliver business results.
Demonstrate strong mentoring, relationship building, planning and organizational skills.
Guide and direct team members in their personal and professional development.
Drive performance excellence through goal-setting, quality feedback, and performance appraisals within the team (midyear and annual).
Create a working environment where productivity can be sustained and accomplished, and where innovation and personal growth is encouraged and realized.
Drive and role model the A&H culture, values and C&F core competencies within their teams.
Internal Controls and Governance
Design, maintain, and monitor internal controls over financial reporting
Ensure proper segregation of duties and approval workflows
Support compliance with internal governance requirements
Identify accounting and reporting risks and escalate issues when needed
Treasury, Cash, and Operational Oversight
Monitor cash flow, liquidity, and working capital
Oversee bank reconciliations and cash controls
Support treasury processes such as: Cash forecasting, Funding needs, Payment controls
Review operational accounting impacts tied to: Claims payments, Producer commissions, Reinsurance settlements, Vendor and TPA payments
Audit and Examination Support
Serve as a key contact for: External financial statement audits, SOX-related work, Internal audit reviews, Insurance department examinations
Prepare audit schedules, account analyses, and support documentation
Resolve audit questions and help implement remediation plans for control gaps
Improve efficiency, standardization, and accuracy in accounting workflows
Perform special projects and assignments under the direction of senior leadership
Other duties as assigned
What YOU will bring to C&F:
Ability to clearly present information through the spoken or written word; read and interpret complex information with moderate supervision
Ability to establish a good rapport with all customers and business partners
Demonstrated concern for a high-level of service delivery and a strong focus on customer satisfaction
Capability to analyze relevant aspects of a situation before reaching a conclusion
Strong focus on accuracy when completing all projects
Provide a sustained effort and dedication to getting the job done well, while working continuously to produce superior work regardless of obstacles or setbacks
Displays personal concern, interest, pride and accountability in all areas of responsibility
Ability to effectively handle multiple tasks in a fast-paced environment
Ability to work both independently and in a team environment
Strong organization and time management skills with exceptional attention to detail
Requirements:
Bachelor’s Degree from an accredited institution or equivalent; Accounting or Finance Degree required
CPA a plus
15+ years working in an accounting/financial role within the insurance space
Strong PC skills including Excel, Word, Outlook, Power Point, etc.
What C&F will bring to you
Competitive compensation package
Generous 401K employer match
Employee Stock Purchase plan with employer matching
Generous Paid Time Off
Excellent benefits that go beyond health, dental & vision. Our programs are focused on your whole family’s wellness, including your physical, mental and financial wellbeing
A core C&F tenet is owning your career development, so we provide a wealth of ways for you to keep learning, including tuition reimbursement, industry-related certifications and professional training to keep you progressing on your chosen path
A dynamic, ambitious, fun and exciting work environment
We believe you do well by doing good and want to encourage a spirit of social and community responsibility, matching donation program, volunteer opportunities, and an employee-driven corporate giving program that lets you participate and support your community
At C&F you will BELONG
If you require special accommodations, please let us know. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodations, please let us know. Belonging at C&F, is a mindset. It’s about fostering a culture of inclusion and connection, where everyone feels valued, heard, and empowered to thrive and where our social impact efforts help strengthen the communities where we live and work.
For California Residents Only: Information collected and processed as part of your career profile and any job applications you choose to submit are subject to our privacy notices and policies, visit https://www.cfins.com/onlineprivacypolicy/ca/noticeatcollection/ for more information.
Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws. Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions. The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $172,700.00 to a maximum of $253,200.00. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee’s contribution (performance) in that role. To be considered within market range, a salary is at or above the minimum of the range. You may also have the opportunity to participate in discretionary equity (stock) based compensation and/or performance-based variable pay programs.