Clover Health is hiring a
Accountant

Summary

Join Clover as a Senior Statutory Accountant to spearhead the preparation and analysis of statutory financial statements for our two Medicare Advantage Plans. As a key member of our accounting team, you will ensure adherence to regulatory guidelines and contribute to strategic planning by providing accurate financial insights and analysis.

Requirements

• Have 5+ years of relevant accounting or finance experience, preferably in the insurance industry
• Have experience with NJDOBI
• Have 2+ years of experience in SAP Statutory health plan accounting, preferably Medicare Advantage
• Have a Bachelor's Degree in Accounting, Master’s Degree preferred
• Be proficient in financial management software (e.g., Intacct) and have advanced skills in Microsoft Office and Google Suite

Responsibilities

• Independently prepare the quarterly and annual statutory financial statements and review package in accordance with regulatory guidelines
• Ensure adherence to Statutory Accounting Principles (SAP) and regulatory standards, including NAIC requirements
• Assist with complex calculations related to Medicare Advantage plans such as Risked Based Capital (RBC), Medical Loss Ratio (MLR), Quality Improvement Expenses (QI), and Claims Adjustment Expenses (CAE)
• Coordinate with external auditors to facilitate the annual audit of statutory financial statements
• Analyze financial data and prepare variance explanations and financial reports for management review
• Collaborate effectively with various Clover departments such as actuarial, FP&A (Financial Planning & Analysis), treasury, compliance, and legal to ensure accurate and timely reporting
• Stay updated on regulatory changes and industry developments affecting statutory accounting and reporting

Preferred Qualifications

• Employee Stock Purchase Plan (ESPP) offering discounted equity opportunities
• Reimbursement for office setup expenses
• Monthly cell phone & internet stipend

Benefits

• Competitive base salary and equity opportunities
• Performance-based bonus program, 401k matching, and regular compensation reviews to recognize and reward exceptional contributions
• Comprehensive medical, dental, and vision coverage
• Initiatives such as No-Meeting Fridays, monthly company holidays, access to mental health resources, and a generous flexible time-off policy
• Remote-first culture that supports collaboration and flexibility, allowing our team members to thrive from any location
• Learning programs, mentorship, professional development funding, and regular performance feedback and reviews