Controller
ExpandThe NAMIC Insurance Company (NAMICO) has an opportunity for a Controller. This position will support the CFO in managing all facets of financial operations, accounting, regulatory and management reporting, investments, reinsurance, risk management and strategy to ensure the company's stability, profitability and compliance within the Professional Liability component of the Property & Casualty insurance industry. This position is intended to prepare a strong candidate for consideration to replace the current CFO upon his retirement in early Spring, 2028.
Essential functions of the position include:
- As a three-person department, the DOF/ACFO will manage a Senior Accountant while working closely with the CFO & Treasurer in the successful accomplishment of essentially all Finance functions and activities, as directed by the CFO. However, the DOF/ACFO position has primary responsibility for the following: Implementation of statutory accounting principles, policies and procedures
- Creation and maintenance of clear, concise and accurate supporting schedules for trial balance accounts
- Strong account analysis and understanding.
- Receipt, disbursement, banking, and custody of funds, securities and financial instruments, with related reconciliations
- Lead the creation of monthly, quarterly, and annual financial statements for management, Board, and various Board committee reviews
- Creation and filing of monthly, quarterly and annual regulatory reporting to the Indiana Department of Insurance, other states, the NAIC, AM Best and Company business partners
- Submission of state and municipal premium taxes and filing of related returns
- Ensure that investment accounting and reporting, in all respects, is accurate and timely
- Maintain an effective relationship with NAMICO’s 3rd party Investment Accounting partner to ensure communication and processes are working smoothly.
- Analyzes and interprets various statistics and financial reports to evaluate operating performance
- Works closely with independent auditors during annual statutory audit, as well as during the statutory 5-year audit performed by the Indiana Department of Insurance
- Ensures the creation and continuing maintenance of a database of all required finance deliverables and due dates.
- Arrives to work on time and maintains a positive attendance record.
- Builds and maintains positive work relationships with management, staff members, and external contacts.
- Performs any other duties and projects as assigned.
Qualifications include:
- CPA designation required
- Bachelor’s degree required
- Statutory Property & Casualty insurance accounting experience required.
- Demonstrable understanding of insurance accounting concepts
- Eight or more years of P&C insurance accounting experience required, a significant portion of which in a managerial or other leadership role required
- Statutory reporting, including creation and filing of quarterly and annual statements, strongly preferred.
- Insurance investment accounting experience.
- Knowledge of Microsoft Power BI, Business Objects, Great Plains general ledger, Sovos/Wings statutory filing software, and the DIAMOND Insuresoft application all strongly preferred proficiency in use of the Microsoft Suite of software.
- Insurance specific designations preferred
- Understanding and application of reinsurance accounting and internal control concepts preferred
- Experience with professional liability insurance preferred
- Ability to successfully pass a criminal background and MVR check.
NAMIC is proud to have been selected as one of the Best Places to Work! We offer an excellent compensation and benefits package with this full-time position. Benefits include access to group medical, dental and vision; a matched 401(k) plan; one paid day each year to volunteer with the charity of your choice; generous paid vacation; and more! We have a friendly yet professional work atmosphere where everyone enjoys working hard for the good of our members.
NAMIC is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, gender identity, sexual orientation, age, marital status, veteran status, disability status, or any other legally protected status.
Regional Vice President – Ohio Valley
ExpandThe National Association of Mutual Insurance Companies (NAMIC) has a new opportunity for a Regional Vice President in our State Affairs Department. This position will effectively represent and advocate for membership interests while working to achieve association advocacy goals and objectives. States covered include: Kentucky, Ohio, Pennsylvania, New Jersey, and Maryland.
Essential functions of the position include:
- Coordinates and implements issue management with direct responsibility for specific advocacy priorities and efforts in assigned states; masters NAMIC legislative and regulatory issues, specifically those relevant in assigned states.
- Establishes and develops excellent and collaborative working relationships with state insurance trade associations, reviewing each relationship annually for value,
- Establishes and develops relationships with key state legislators (insurance committee chairs) and state insurance department staff involved in decision-making and policy implementation in assigned states.
- Work with the NAMIC NAIC Coverage team to provide strategic support for NAIC initiatives as assigned.
- Working with AVP of State Affairs, assist in strategies in augment NAMIC’s political fundraising programs.
- Establishes and maintains working relationship with non-insurance allies on pertinent issues.
- Communicates, consults, and collaborates with member companies, providing expeditious response to member needs and requests and promoting government affairs priorities and opportunities.
- Manages and enhances advocacy communications with member companies on the status of NAMIC strategic objectives in designated states.
- Routinely communicates, consults, and reports to AVP-State Affairs and/or appropriate NAMIC staff on significant developments and issues and on cross-jurisdictional advocacy priorities.
- Writes articles for Advocacy Update and other NAMIC publications as assigned per the publication schedule.
- Produces testimony, news releases, speeches, and commentary as required.
- Creates quarterly updates in assigned areas for management report.
- Shows fiscal responsibility in managing NAMIC budget for designated states.
- Promotes member participation/involvement in NAMIC’s Congressional Contacts Program and participation in the NAMIC PAC and Advocacy Fund; serves in any other relevant role in conjunction with Federal Affairs Division.
Qualifications include:
- Bachelor’s degree required; advanced degree preferred.
- Three years of experience in a legislative setting or working for a trade association preferred.
- Experience in issue management required.
- Experience with a state legislature as either a staff member who interacted with legislators or as a lobbyist preferred.
- Familiarity with NCOIL, NCSL, ALEC, NAIC and other organizations affecting state insurance laws and regulations preferred.
- Ability to travel as much as 75 percent of the time during peak periods (January to June).
- Ability to successfully pass a criminal background check and must possess an acceptable MVR.
NAMIC is proud to have been selected as one of the Best Places to Work! We offer an excellent compensation and benefits package with this full-time position. Benefits include access to group medical, dental and vision; a matched 401(k) plan; one paid day each year to volunteer with the charity of your choice; generous paid vacation; and more! We have a friendly yet professional work atmosphere where everyone enjoys working hard for the good of our members.
NAMIC is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, gender identity, sexual orientation, age, marital status, veteran status, disability status, or any other legally protected status.
Sr. Director - Association Services
ExpandThe National Association of Mutual Insurance Companies (NAMIC) has an opportunity for a Sr. Director – Association Services in our Event, Education, and Association Services department. This position will perform association services administrative functions for Event, Education & Association Services team with particular focus on client management, retention, and association operations. Candidates local to Indianapolis preferred, but available to be remote.
Essential functions of the position include:
Association Services:
- Leads and manages association client operations with direction from SVP – Education, Events, & Association Services.
- Leads program development efforts to maximize NAMIC Association Services success while meeting individual client service expectations and performance objectives, including financial performance management, client development, client recruitment and retention, and client satisfaction.
- Oversee large, often cross-functional organization-wide projects and ensure completion of projects by the given deadlines.
- Coordinates the flow of communication between clients, client staff, vendors, and internal staff.
- Supports and organizes efforts in governance, including with board, committee, membership, and other governance functions with direction from SVP – Education, Events, & Association Services.
- Develop and oversee implementation of appropriate action plans for association clients’ operations, including membership relations, marketing strategy, event management, products and services, board relations, special projects, and general business administration, which may include:
- Organizing planning efforts or special projects as needed to ensure long-term client success.
- Overseeing the development and approval of clients’ budgets to ensure sound fiscal management.
- Developing and overseeing the implementation of strategic communication/marketing plans for association members.
- Oversee membership development activities for NAMIC association services clients.
- Responsible for developing, executing, and evaluating marketing efforts for all clients, including developing marketing plans, writing marketing copy, preparing list requests for mailings, managing digital promotions, and coordinating printed marketing items.
- Manages and directs association services marketing staff.
- Manages association client operating budgets to ensure strong financial performance and adapt strategies annually to meet board objectives.
Marketing:
- Provides customer service support – including using positive telephone skills, responding promptly to e-mails and phone calls, etc.
- Supports all aspects of Association Services office operations, including following office procedures, organizing and using filing systems, maintaining department work areas, and related duties.
- Builds and maintains positive work relationships with management, staff members, and external contacts.
- Arrives to work on time and maintains a positive attendance record.
- Performs any other duties and projects as assigned.
Qualifications include:
- Demonstrated computer proficiency (Microsoft Office, Adobe, database management).
- 7+ Years of association management experience. Experience working for a association management company (AMC) is preferred.
- College degree or equivalent experience in related business.
- Insurance knowledge or experience is desirable.
- Professional demeanor where deeds and actions are reflective of the values and mission of the organization and its members.
- Must be available for occasional overnight travel including by car and by air.
- Ability to successfully pass a criminal background and MVR check.
NAMIC is proud to have been selected as one of the Best Places to Work! We offer an excellent compensation and benefits package with this full-time position. Benefits include access to group medical, dental and vision; a matched 401(k) plan; one paid day each year to volunteer with the charity of your choice; generous paid vacation; and more! We have a friendly yet professional work atmosphere where everyone enjoys working hard for the good of our members.
NAMIC is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, gender identity, sexual orientation, age, marital status, veteran status, disability status, or any other legally protected status.