Insurance Accounting Director – RSM

Role Overview

As an Insurance Accounting Director at RSM, you will be at the forefront of our insurance accounting advisory services. This pivotal role demands a blend of deep technical expertise, strategic leadership, and client relationship management. You will be responsible for guiding insurance clients through complex accounting challenges, ensuring regulatory compliance, and driving finance transformation initiatives. Your leadership will contribute to expanding RSM's influence and reputation within the insurance sector, making a significant impact on our clients' success and our firm's growth.

A Day in the Life

Your day as an Insurance Accounting Director will be dynamic and multifaceted, involving a mix of technical analysis, client interaction, team leadership, and strategic planning. Here's a glimpse of what you can expect:

• Client Engagement: Meeting with client executives to understand their accounting needs, challenges, and strategic goals.
• Technical Guidance: Providing expert advice on complex accounting issues related to ASC 944, NAIC SAP, IFRS 17, and other relevant standards.
• Project Oversight: Managing multiple client engagements, ensuring projects are delivered on time, within budget, and to the highest quality standards.
• Team Leadership: Mentoring and developing managers and senior consultants, fostering a collaborative and high-performing team environment.
• Strategic Planning: Contributing to the development of RSM’s insurance accounting service offerings and go-to-market strategies.
• Regulatory Compliance: Ensuring clients’ compliance with relevant accounting regulations and reporting requirements.
• Risk Management: Leading risk assessment and solvency compliance initiatives, providing clients with insights to mitigate potential risks.
• Innovation: Driving automation and finance transformation projects, leveraging RSM’s methodologies and innovative solutions.
• Business Development: Identifying new business opportunities and participating in proposal development and presentations.
• Thought Leadership: Contributing to industry publications, speaking at conferences, and sharing your expertise with the broader insurance community.

Why Boston?

Boston is a vibrant hub for the insurance industry, making it an ideal location for an Insurance Accounting Director. The city boasts a strong concentration of insurance companies, regulatory bodies, and industry associations. This provides ample opportunities for networking, business development, and staying at the forefront of industry trends. Additionally, Boston’s rich history, cultural attractions, and thriving economy make it a desirable place to live and work.

Career Path

At RSM, we are committed to providing our employees with opportunities for growth and advancement. As an Insurance Accounting Director, you can expect a clear career path with opportunities to advance to higher levels of leadership. You will have the chance to expand your technical expertise, develop your leadership skills, and build a strong professional network. We also offer various training and development programs to support your career growth.

Salary and Benefits

RSM offers a competitive salary and benefits package designed to attract and retain top talent. The salary for an Insurance Accounting Director in Boston typically ranges from $160,000 to $250,000 per year, depending on experience and qualifications. In addition to salary, we offer a comprehensive benefits package that includes:

• Health Insurance: Medical, dental, and vision coverage
• Paid Time Off: Generous vacation, sick, and holiday pay
• Retirement Savings: 401(k) plan with company match
• Flexible Spending Accounts: Health and dependent care FSAs
• Life Insurance: Company-paid and supplemental life insurance options
• Disability Insurance: Short-term and long-term disability coverage
• Employee Assistance Program: Confidential counseling and support services
• Professional Development: Training and development opportunities
• Tuition Reimbursement: Assistance with educational expenses
• Wellness Programs: Programs to support employee health and well-being

RSM Culture

At RSM, we pride ourselves on fostering a culture that is inclusive, collaborative, and supportive. We value diversity and believe that our differences make us stronger. We are committed to creating an environment where all employees feel valued, respected, and empowered to reach their full potential. Our core values include:

• Respect: We treat each other with respect and value diverse perspectives.
• Integrity: We conduct ourselves with the highest ethical standards.
• Collaboration: We work together to achieve common goals.
• Excellence: We strive for excellence in everything we do.
• Stewardship: We are responsible stewards of our resources and our communities.

We also have a strong commitment to giving back to the community through our RSM Cares program. Employees have opportunities to volunteer their time and talents to support local charities and organizations.

How to Apply

If you are a highly motivated and experienced insurance accounting professional with a passion for leadership and client service, we encourage you to apply for the Insurance Accounting Director position at RSM. To apply, please submit your resume and cover letter through our online application portal. Be sure to highlight your relevant experience, skills, and qualifications. We look forward to hearing from you!

Frequently Asked Questions (FAQ)

1. What are the key responsibilities of an Insurance Accounting Director?The Insurance Accounting Director leads RSM’s insurance accounting advisory services, drives strategic initiatives, ensures regulatory compliance, and manages client transformation projects.
2. What qualifications are required for this position?A Bachelor’s degree in Accounting or Finance, a Master’s degree and CPA are required. 10+ years of insurance accounting experience, with leadership in consulting or industry, is also necessary.
3. What skills are important for success in this role?Strategic thinking, leadership, strong analytical and decision-making skills, and excellent communication and stakeholder management skills are essential.
4. What accounting standards and regulations should I be familiar with?Expertise in ASC 944, NAIC SAP, IFRS 17, and other relevant regulatory frameworks is required.
5. What is the career path for this role at RSM?RSM offers a clear career path with opportunities to advance to higher levels of leadership, expand your technical expertise, and develop your leadership skills.
6. What is the salary range for an Insurance Accounting Director in Boston?The typical salary range for this role is $160,000 to $250,000 per year, depending on experience and qualifications.
7. What benefits does RSM offer?RSM offers a comprehensive benefits package, including health insurance, paid time off, retirement savings plans, and professional development opportunities.
8. What is the company culture like at RSM?RSM fosters an inclusive, collaborative, and supportive culture that values diversity and empowers employees to reach their full potential.
9. How does RSM support professional development?RSM provides various training and development programs, tuition reimbursement, and mentorship opportunities to support employee growth.
10. How can I apply for this position?You can apply by submitting your resume and cover letter through our online application portal, highlighting your relevant experience and qualifications.