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.
Director – Federal Affairs
ExpandThe National Association of Mutual Insurance Companies (NAMIC) has a new opportunity for a lobbyist in our Federal Affairs department. This position will represent NAMIC before Congress and federal agencies on the issues impacting property/casualty insurance companies, with a special emphasis on the Democratic Caucus.
Essential functions of the position include:
- Manages issues portfolio by developing issue briefs, talking points and legislative strategies on all issues assigned.
- Maintains regular communications with other DC insurance representatives and members of the financial services community.
- Works closely with NAMIC standing committees and task forces.
- Assists legislative team in advancing all priority issues with lawmakers.
- Lobbies members of Congress and their staff on legislation on behalf of NAMIC and its member companies; builds and maintain strong relationships with key members of the House and Senate and their staff.
- Escorts member company representatives participating in Congressional Contact Program, NAMIC’s grassroots fly-in.
- Represents NAMIC at fundraising events.
- Represents NAMIC with appropriate government agencies.
- Identifies opportunities to report advocacy news to members through written, electronic and oral presentations.
- Writes and develops regular NAMIC member and Capitol Hill communications including issue briefs and fact sheets, member and grassroots alerts.
- 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:
- 5-7 years of relevant work experience on Capitol Hill or the equivalent in the private sector.
- Familiarity with major Congressional committees of jurisdiction preferred.
- Understanding of property/casualty insurance issues a plus.
- Bachelor’s degree required.
- Ability to travel periodically as required.
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. Qualified candidates should send a cover letter and resume, including salary expectations, to Gabriel Love at glove@namic.org.
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.
Event Planner
ExpandThe National Association of Mutual Insurance Companies (NAMIC) has an opportunity for an Event Planner in our Event, Education, and Association Services department. This position will perform internal office management/member service functions for Education & Events, with particular focus on design and management of educational and networking events.
Essential functions of the position include:
- Manages all meeting planning details (speaker research/logistical and presentation material coordination, preparation of meeting specifications and hotel room lists, event budgeting and reconciliation of hotel and meetings expenses, hotel selection and contract negotiations, etc.) for seminar activities as assigned.
- Participates in and coordinates the arrangements for respective committee meetings in support of meeting planning development.
- Works directly with member company committee representatives or programming leaders to determine important presentation topics, ideas for potential speakers and managing efforts to secure these and other details for event in respective meeting planning.
- Interacts with clients, client staff, vendors, and NAMIC association staff as directed.
- Serves as liaison to hotel/meeting facility for respective events.
- Responsible for developing, executing, and evaluating marketing efforts for assigned conference events including writing marketing copy, preparing list requests for mailings, digital promotion, and coordinating event brochure mailings.
- Assists with the budgeting process including maintaining budget worksheets and records throughout the year with quarterly reports to Conference Boards.
- Prepares quarterly conference board reports for respective events and projects.
- Provides customer service support – including using positive telephone skills, responding promptly to e-mails and phone calls, etc.
- Supports all aspects of event operations, including following office procedures, organizing and using filing systems, maintaining department work areas, and related duties.
- 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:
- Demonstrated computer proficiency (Microsoft Office, Adobe, database management).
- Certified Meeting Professional (CMP) designation is desirable.
- Meeting planning experience is required.
- College degree or equivalent experience in related business.
- Insurance company or agent 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.
Policy Vice President – Property, Natural Catastrophe Risk, and Resiliency
ExpandThe National Association of Mutual Insurance Companies (NAMIC) has an opportunity for a Policy Vice President – Property, Natural Catastrophe Risk and Resiliency in our State & Policy Affairs department. This position will contribute to the execution of NAMIC’s strategies in pursuit of objectives related to regulation of the insurance marketplace, analysis of legislative and regulatory policies at the state and federal levels and at the National Association of Insurance Commissioners (NAIC) and effectively advocate members’ interests through written communication and oral testimony. NAMIC has offices in Washington, DC and Indianapolis.
Essential functions of the position include:
- Acts as a Subject Matter Expert on legislative and regulatory developments at all levels of government.
- Serves as an integral part of the NAMIC Public Policy Team to ensure comprehensive issue coverage in conjunction with all NAMIC advocates, both federal and state.
- Manages diverse issue portfolios including, but not limited to, providing SME assistance on property insurance with emphasis on homeowners’ coverage, natural catastrophe risk, resiliency and mitigation, federal and state agency disaster preparedness and response, and insurance mechanisms associated with these risks.
- Establishes and maintains positive contacts with insurance regulators, including the NAIC, to advocate NAMIC’s strategic regulatory objectives.
- Provides direct advocacy coverage for legislative/regulatory entities as needed.
- Identifies and develops emerging issues of priority to member companies and leads NAMIC policy groups on issue development.
- Develops position papers, testimony, issue briefs, and other advocacy communications on legislation/regulation for both technical and non-technical audiences decisively and in a timely manner.
- Develops a national expertise profile in the area of Property/housing, natural catastrophe, disaster mitigation, and related topics.
- Knowledge and SME assistance on CAT response processes and relevant regulatory regimes.
- Communicates effectively on issues through oral presentations, written articles, web content, or other relevant media.
- Builds and maintains positive work relationships with management, staff members, and external contacts.
- Arrives at work on time and maintains a positive attendance record.
- Performs any other duties and projects assigned.
Qualifications include:
- Minimum 10 years of experience working on substantive public policy issues pertaining to the insurance industry either within a state or federal legislature or agency, trade association, or company.
- Familiarity with the property/casualty insurance industry required.
- Familiarity with federal agencies related to disaster mitigation and response preferred.
- Experience in issue management pertaining to natural catastrophes, property/casualty insurance required.
- Minimum of a bachelor’s degree; advanced degree or equivalent preferred.
- Property/casualty compliance procedure, homeowners’ coverage experience preferred.
- Prior experience in advocacy before government organizations preferred.
- Familiarity with trade associations preferred.
- Flexibility to travel on an “as needed” basis, up to about 30 percent of the time.
- Ability to successfully pass a criminal background 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.