Essent Group Ltd. (NYSE: ESNT) is a Bermuda-based holding company (collectively with its subsidiaries, "Essent") which serves the housing finance industry by offering private mortgage insurance, reinsurance, risk management products and title insurance and settlement services to mortgage lenders, borrowers, and investors to support homeownership. We are focused on managing risk and dedicated to serving as a strong and fair counterparty. As a company, we bring strong private capital and a commitment to risk management to the mortgage insurance industry.

Title: Director, Accounting, P&C Insurance

Location: Radnor, PA (Fully in office)

This position is responsible for leading key activities of the accounting department, with a primary focus on Property & Casualty (P&C) insurance and reinsurance. The Director, Accounting, will ensure the integrity of the Company’s financial accounting, practices, and reporting structure. This role will supervise staff accountants and assist with annual audits, internal management reporting, and the preparation and filing of SEC and statutory reports.

As a dynamic and resourceful professional, we will rely on you to perform the following duties:

Accounting Research and Documentation

• Perform technical accounting research on complex P&C insurance transactions and new accounting pronouncements, preparing memorandums to document conclusions.
• Lead the review of P&C loss reserves, including the analysis of actuarial reports and the reasonableness of key assumptions and methodologies.
• Analyze and report on earnings patterns and key performance indicators specific to the P&C business lines.

Accounting Operations & Monthly Close

• Review and support the monthly and quarterly P&C accounting and manage the consolidation of these results for the preparation of GAAP and statutory financial reports and supporting analyses.
• Collaborate with Essent Re’s Director, Finance to provide supervision, guidance, and development to staff accountants.
• Identify and implement continuous improvements in the accounting close process through technology and process enhancements.
• Maintain and manage the Oracle GL and other financial systems.

Audit & SOX Compliance 

• Maintain a strong internal control environment in the accounting department, including reconciliation of key accounts.
• Ensure all P&C workpapers are prepared and maintained in a SOX-compliant manner, and identify opportunities for process enhancements.
• Support all phases of internal and external audits

Internal & External Reporting Support 

• Assist in the preparation and review of external financial statements and disclosures, ensuring compliance with SEC and statutory reporting requirements for P&C reinsurers.
• Collaborate with the Essent Re team to prepare and distribute monthly and quarterly reporting packages on P&C reinsurance business performance for senior management.
• Perform other duties as assigned.

 Minimum Education & Experience Requirements:

• Bachelor's degree in Accounting or Finance and a CPA are required.
• 7-10 years of progressive accounting experience, with a mandatory, significant focus on the Property & Casualty (P&C) insurance or reinsurance industry.
• Experience at a public accounting firm serving P&C insurance clients is highly desirable.
• Mandatory: In-depth experience in the Property & Casualty (P&C) insurance or reinsurance industry.
• Strong knowledge of U.S. GAAP, statutory accounting principles (STAT), and SEC reporting requirements for P&C insurers.
• Demonstrated experience with the accounting and analysis of P&C loss reserves, reinsurance transactions, and underwriting results.
• Proficiency in accounting research and the ability to document and communicate complex accounting issues effectively.
• Leadership presence with the ability to communicate and manage effectively at various organizational levels.
• Highly analytical and data-driven, with strong problem-solving skills, able to offer decisions based on an accurate and timely analysis.
• Team player, able to forge strong working relationships across the business.
• Excellent verbal and written communication skills.Strong computer skills, including proficiency in Word, Excel, PowerPoint, and experience with ERP packages (e.g., Oracle) and Consolidation/Reporting Systems.

Our commitment to your success is enhanced by our competitive salary and comprehensive benefits package including paid time off, medical, dental, vision, 401(k) and disability benefits. We work to maintain a positive environment for our employees, where people can learn and grow with the company. Essent is an Equal Opportunity Employer.