Full-Time

Account Manager

Accountant I

Posted on 3/4/2025

Amynta Group

Amynta Group

201-500 employees

No salary listed

Entry, Junior

Company Does Not Provide H1B Sponsorship

Sarasota, FL, USA

Category
Cost Accounting
Financial Accounting
Management Accounting
Sales & Account Management
Accounting
Requirements
  • Bachelors’ degree required in accounting or equivalent experience
  • Sound knowledge of GAAP and insurance accounting principles
  • PC literacy with working knowledge of Microsoft Office products
  • Ability to meet tight deadlines
  • Expert mastery of the English language, both written and verbal
  • Ability to analyze data and present recommendations based on outcomes of analysis
  • Ability to prepare and effectively present information in one-on-one and group situations to management, customers, clients, and employees.
Responsibilities
  • Assists clients and senior management on a range of general accounting functions in the management of a portfolio of captive insurance companies and/or risk retention groups
  • Timely financial statement preparation
  • Maintenance of corporate records
  • Regulatory reporting as well as overall account management
  • Compiles corporate financial data necessary for the timely processing of the monthly and year-end closing of the applicable general ledgers including the preparation and input of monthly standard and special journal entries and maintenance of supporting documentation
  • Prepares and uploads necessary journal entries into the appropriate accounting system
  • Assists in the analysis and preparation of financial data
  • Assists with ad-hoc projects as requested by management
  • Performs routine/basic accounting responsibilities
  • Flexibility to work on special projects and meet the demands of clients, including some travel to attendance at board meetings
  • Works closely with Accounting Manager and clients under immediate supervision
  • Reconciles various bank accounts.

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

New York City, New York

Founded

2018

Simplify Jobs

Simplify's Take

What believers are saying

  • Acquisitions position Amynta Group for growth in credit and medical stop loss markets.
  • John Doucette's leadership may drive innovation and new market strategies at Amynta.
  • Renewal rights from James River Insurance enhance Amynta's revenue streams and client base.

What critics are saying

  • Integration challenges from acquisitions may lead to operational inefficiencies for Amynta.
  • Increased regulatory scrutiny in credit insurance could raise compliance costs for Amynta.
  • Talent shortages in the insurance industry may hinder Amynta's growth and management efforts.

What makes Amynta Group unique

  • Amynta Group's acquisition of Crum & Forster's Credit Division enhances credit insurance offerings.
  • The acquisition of Unum's Medical Stop Loss business diversifies Amynta's insurance portfolio.
  • Sutton Special Risk acquisition expands Amynta's specialty insurance in sports and entertainment.

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Benefits

Hybrid Work Options

Company News

PR Newswire
Dec 24th, 2024
Amynta Group Acquires Credit Insurance Business Of Crum Forster

NEW YORK and MORRISTOWN, N.J., Dec. 24, 2024 /PRNewswire/ -- Amynta Group, a leading insurance services provider, announced the acquisition of the Credit Division of Crum & Forster ("C&F"), a subsidiary of Fairfax Financial Holdings Limited. The acquisition of the C&F Credit Division, offering a suite of structured credit insurance solutions, expands Amynta's presence in the credit insurance sector. The business will operate as a full-service Managing General Underwriter (MGU) under Amynta Risk Solutions.The acquired business underwrites and manages credit insurance products, including mortgage credit and alternative credit risk solutions, primarily for financial institutions and mortgage insurers. The business provides turn-key access to the credit insurance market to a variety of insurance and reinsurance partners. C&F will remain an important partner for the business

Coverage
Jul 9th, 2024
Unum Group To Sell Medical Stop Loss Operations To Amynta Group

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TipRanks
Jul 8th, 2024
Unum Group sells Medical Stop Loss business to Amynta Group, no terms

Unum Group announced that it has entered into a definitive agreement whereby the Amynta Group, an insurance services provider, will acquire Unum Group's Medical Stop Loss business.

PR Newswire
Jul 8th, 2024
Unum Group Announces Sale Of Medical Stop Loss Operations To Amynta Group

CHATTANOOGA, Tenn. and NEW YORK, July 8, 2024 /PRNewswire/ -- Unum Group (NYSE: UNM) announced that it has entered into a definitive agreement whereby the Amynta Group, a leading insurance services provider, will acquire Unum Group's Medical Stop Loss business ("Stop Loss Business"). The business will operate as a full-service managing general underwriter under Amynta Risk Solutions.The business provides medical stop loss coverage to a diversified group of employers and industries across the United States."We are pleased to enter into an agreement to sell our Stop Loss operations to Amynta," said Marco Forato, senior vice president and chief strategy officer at Unum Group. "This transaction places the future of the Stop Loss business in capable hands and poised for strong growth while enabling Unum to continue its focus on key enterprise priorities."John Doucette, CEO of Amynta Risk Solutions, commented, "The acquisition of Unum's Stop Loss business aligns perfectly with our commitment to providing comprehensive solutions that deliver value to our partners and customers. Unum has built a strong stop loss business, bringing great expertise and capabilities to the market. We will continue to invest in the business to drive growth and innovation in the medical stop loss market."Terms of the sale were not disclosed

Insurance Insider
May 17th, 2024
Doucette joins Amynta to spearhead newly created division

Doucette joins Amynta to spearhead newly created division.

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