Lead Accountant - SEC Reporting & Gaap Accounting

About Us

We're not like other insurance companies. From our specialty products to our business model, our culture to our results - we're different. Different is who we are, and how we work, interact, deliver and succeed together. Creating a different and better insurance experience doesn't just happen. It takes focus and a shared passion for going beyond the expected to forge relationships and deliver care that makes a difference. This approach rises from and is supported by our talented, ethical and smart team of employee owners united around a single purpose: to work alongside our customers and partners when they need us, in unexpected ways, with exceptional results. Apply today to make a difference with us.

RLI is a Glassdoor Best Places to Work company with a strong, successful background. For decades, our financial track record has been stellar - a testament to our culture and validation of our reputation as an excellent underwriting company.

Position Purpose

Under occasional supervision, perform financial reporting and technical accounting activities to support accurate and timely US GAAP financial statements and SEC filings. This role is responsible for the preparation of consolidated financial statements and external reporting documents, and supports the maintenance of US GAAP accounting policies, including research and implementation of new US GAAP and SEC accounting guidance.

Principal Duties & Responsibilities

• Prepare monthly consolidated GAAP financial statements.

• Account for share-based compensation and calculate diluted shares outstanding.

• Prepare earnings releases and draft financial statements and disclosures for quarterly and annual SEC filings, specifically Form 10-Q and 10-K.

• Manage the review and submission of iXBRL tagging for SEC filings.

• Maintain GAAP accounting policies and procedures; research and implement new accounting guidance.

• Prepare financial analyses and summaries for management and the board of directors.

• Serve as a contact for external auditors; support quarterly reviews and annual audits.

• Perform accounting for fixed assets, leases and impairment analysis.

• Identify and implement process improvements to increase efficiency and accuracy in financial reporting.

• Participate in or lead special projects, as assigned.

• Provide guidance and support to less experienced team members.

Note: If based in the Chicago, IL or Chesterfield, MO offices, this position requires periodic travel to the corporate headquarters in Peoria, IL.

Education & Experience

• Bachelor's degree in accounting; CPA strongly preferred

• 4+ years of related experience

• [OR] equivalent level of education and experience

Knowledge, Skills, & Competencies

• Strong knowledge of GAAP and SEC reporting requirements

• Experience preparing or reviewing financial statements and related disclosures

• Strong analytical and problem-solving skills, including ability to research and apply accounting guidance

• Proficiency in Microsoft Excel and ability to work with large datasets

• Effective written and verbal communication skills, with ability to present findings to management

• Ability to exercise sound judgment, pay attention to detail and manage multiple priorities

Compensation Overview

The base salary range for the position is listed below. Please note that the base salary is only one component of our robust total rewards package at RLI. The salary offered will take into account a number of factors including, but not limited to, geographic location, experience, scope & responsibilities of the role, qualifications/credentials, talent availability & specialization, as well as business needs. The below range may be modified in the future.

Base Pay Range

$85,486.00 - $124,595.00

Total Rewards

At RLI, we're all owners. We hire the best and the brightest employees and allow them to share in the company's success through our Total Rewards. With the Employee Stock Ownership plan at its core, the Total Rewards program includes all compensation, benefits and perks that come with being an RLI employee.

Financial Incentives

• Annual bonus plans

• Employee stock ownership plan (ESOP)

• 401(k) - automatic 3% company contribution

• Annual 401k and ESOP profit-sharing contributions (Up to 15% of eligible earnings)

Work & Life

• Paid time off (PTO) and holidays

• Paid volunteer time off (VTO) to support our communities

• Parental and family care leave

• Flexible & hybrid work arrangements

• Fitness center discounts and free virtual fitness platform

• Employee assistance program

Health & Wellness

• Comprehensive medical, dental and vision benefits

• Flexible spending and health savings accounts

• 2x base salary for group life and AD&D insurance

• Voluntary life, critical illness, & accident insurance for purchase

• Short-term and long-term disability benefits

Personal & Professional Growth

RLI encourages its employees to pursue professional development work in insurance and job-related areas. We make a commitment to employees to provide educational opportunities that help them enhance their skills and further their career advancement. RLI fosters a true learning culture and encourages professional growth through insurance courses, in-house training and other educational programs. RLI covers the cost for most programs and employees typically earn a bonus upon successful completion of approved courses and certifications. Our personal and professional growth benefits include:

• Training & certification opportunities

• Tuition reimbursement

• Education bonuses

Diversity & Inclusion

Our goal is to attract, develop and retain the best employee talent from diverse backgrounds while promoting an environment where all viewpoints are valued and individuals feel respected, are treated fairly, and have an opportunity to excel in their chosen careers. We actively support, and participate in, initiatives led by the American Property Casualty Insurance Association that aim to increase diversity in the insurance industry. Cultivating an exceptional and diverse workforce to deliver excellent customer service reinforces our culture and is a key to achieving superior business results.

RLI is an equal opportunity employer and does not discriminate in hiring or employment on the basis of race, color, religion, national origin, citizenship, gender, marital status, sexual orientation, age, disability, veteran status, or any other characteristic protected by federal, state, or local law.