First Chicago Insurance Company

Statutory Staff Accountant

First Chicago Insurance Company  •  $18 - $39/hr  •  Onsite  •  1 day ago
Apply
AI can make mistakes so check important info. Chat history is never stored.
15
AI Success™

Job Description

At First Chicago Insurance Company, our employees are our biggest asset! It is our mission to attract and retain intelligent, motivated, ethical employees who strive for excellence and growth, and to keep those employees happy and engaged. We provide the tools and the support our employees need to grow both professionally and personally. We encourage self-improvement and celebrate success by rewarding ideas and results. We realize the strength of teamwork and its ability to join individuals together and push and pull each other, with a synergy that can only be found in groups of good people sharing ideasJoin in on the excitement and become part of our thriving organization! 

We are seeking a Statutory Staff Accountant for our growing insurance company located just one mile south of Midway Airport!

Duties & Responsibilities:

  • Primary back-up for Accounts Payable
  • Review daily cash transactions and positive pay
  • Report to Management daily cash and money market balances
  • Run month-end reports from multiple systems
  • Prepare and complete month-end reports for month-end journal entries
  • complete the assumed reinsurance month-end journal entries
  • Maintain 1099s and complete the annual filing for three companies
  • Maintain unclaimed property and complete annual filings for three companies
  • Prepare and complete Statutory filings as required
  • Assist in filing annual statement and quarterly statements
  • Inter-company expense entries and reporting for one company
  • Journalize credit card processing statement
  • Assist with other projects as needed

SKILLS & EXPERIENCE:

  • Minimum two years accounting experience
  • Strong organizational and communication skills
  • Strong time management skills
  • Proficiency with Excel, Word, Accounting Systems (Sage 100)
  • Online state filing experience preferred

QUALIFICATIONS

  • Bachelors Degree in Accounting already obtained
  • Insurance industry experience preferred
  • On-Site Position in Bedford Park, IL

Estimated Salary Range: $18/hr. - $39/hr.*

*Published ranges are estimates.

First Chicago Insurance Company

About First Chicago Insurance Company

The company was founded on December 14, 1920 as the Chicago Ice Producers Mutual Liability Company. Originally organized as a mutual insurance company, its initial purpose was to insure the members of the Chicago District Ice Association for general liability, Workers Compensation, public liability for horses and wagons, and commercial vehicle insurance. Association members donated the $26,225 that was needed at that time to start insurance operations. The company was granted licenses to operate in the States of Illinois, Indiana and Wisconsin, which continue to be held today.

In the 1930’s, the company expanded into insuring the private passenger vehicles of the owners and employees of the ice companies. This business was later enlarged to include individuals referred by policyholders of the company. The company’s name was changed to Chicago Mutual Liability Company in 1961. During the 1970’s and 1980’s, the company evolved from its original focus as a commercial lines insurer to become an automobile insurer. At the end of 1994, the Board of Directors decided to exit the Workers Compensation and general liability lines and concentrate on the personal and commercial auto lines of business.

In 1991 the Board of Directors decided to change the company’s distribution system from direct writing to partnering with independent producers. The company had maximized its growth as a direct writer and needed to adopt a different strategy. The company’s name was changed again in 1996 to Chicago Mutual Insurance Company.

In 2006, the company was converted from a mutual form of governance to a stock company. It was renamed First Chicago Insurance Company, and became a subsidiary of J & P Holdings, Inc. Innovation is the company’s focus as the 100th anniversary of its founding approaches. Management continues to search for opportunities that will serve our current policyholders and contribute to the company's growth and profitability.

Industry
Finance & Insurance
Company Size
51-200 employees
Headquarters
Bedford Park, IL
Year Founded
1920
Social Media