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Lead Accounting & Reporting Analyst - Regulatory & Technical Accounting in Pittsburgh, PA

Highmark

Pittsburgh, PA 15286
1w ago
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compensation:

$80K - $100K*

specialty:

Accounting, Corporate Finance

experience:

5 - 7 years

Job Description

JOB DESCRIPTION :

JOB SUMMARY

The job plays a key role in the oversight of accounting functions related to financial and/or regulatory reporting including preparation and review of financial and regulatory reports and accounting analyses in accordance with Generally Accepted Accounting Principles (GAAP), and/or Statutory Accounting Principles (SAP) and/or other regulatory requirements. The incumbent takes a lead role in accounting analyses, technical research, policy development and other project activities required of the organization to ensure proper application of GAAP, and SAP, and other regulatory rules and regulations. Detailed responsibilities vary by department but may include the following: preparation and/or review of financial statements, footnotes, consolidation, insurance department filings, state regulatory filings, monthly close activities, technical accounting position papers, etc.

ESSENTIAL RESPONSIBILITI

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Valid through: 2020-4-8

About Highmark

Highmark is a private healthcare company based in Pittsburgh, Pennsylvania, United States. It is the largest health insurer in Pennsylvania, and through a purchase in 1996, the largest health insurer in West Virginia and also later Delaware. As Highmark Blue Cross Blue Shield, it primarily serves the 29 counties of western Pennsylvania. As Highmark Blue Shield, it serves 21 counties in Central Pennsylvania and the Lehigh Valley. There is also a presence in the border areas of eastern Ohio, and all of West Virginia through its subsidiary, Highmark Blue Cross Blue Shield West Virginia. Highmark acquired the largest health insurer in northeastern Pennsylvania, Blue Cross of North East Pennsylvania, BCNEPA, in July 2015. It is currently[timeframe?] the largest individual not-for-profit health insurer in the United States, which operates several for-profit subsidiaries. Highmark was created in 1977 and in the 1990s by the consolidation of two Pennsylvania licensees of the Blue Cross and Blue Shield Association — Pennsylvania Blue Shield (now Highmark Blue Shield) based in suburban Harrisburg, and Blue Cross of Western Pennsylvania based in downtown Pittsburgh (now Highmark Blue Cross/Blue Shield). The consolidated group serves 49 of the states 67 counties. In West Virginia, the company operates as Highmark Blue Cross Blue Shield West Virginia, and in Delaware, it operates as Highmark Blue Cross Blue Shield Delaware. The new company based its head offices in downtown Pittsburgh and features greatly expanded services. On March 28, 2007, Highmark announced it intended to consolidate with Independence Blue Cross of Philadelphia. The combination of the 2 insurers would have created a new company with over 18,000 employees, dual-headquarters in both Pittsburgh and Philadelphia and an economic impact of over $4 billion throughout the Commonwealth of Pennsylvania. On January 22, 2009, Highmark and Independence Blue Cross withdrew their applications to consolidate due to the unacceptability of conditions that the Pennsylvania Insurance Department was going to place upon the merger: to give up either of their well-known "Blue Cross" or "Blue Shield" trademarks.
Total Jobs:
136
Total Experts:
15
Average Pay:
$114,574
Total value of jobs:
$21,540,000
% Masters:
48%

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* Ladders Estimates

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