Independence Blue Cross

Senior Accountant

Independence Blue Cross$80K — $95K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Strong knowledge of general accounting practices and principles
  • Ability to apply accounting concepts in daily activities
  • Strong analytical, problem-solving, and critical-thinking abilities
  • Effective communication skills for conveying accounting concepts to non-accountants
  • Experience with large ERP systems like PeopleSoft
  • Proficiency in Microsoft Office applications, especially Excel
  • Comfortable using new technologies, including AI tools for efficiency
  • Collaborative team player able to manage multiple priorities
  • Interest in identifying and implementing process improvements

Responsibilities

  • Participate in month-end, quarter-end, and year-end close processes including journal entries and reconciliations
  • Support the preparation of internal and external financial reports
  • Assist with regulatory filings and compliance for the health insurance industry
  • Conduct general ledger analyses to understand trends and recommend actions
  • Support operational accounting functions like premium and claim cost accounting
  • Collaborate with team members to address inquiries about general ledger accounts
  • Ensure compliance with accounting standards and company policies
  • Participate in audits, manage documentation and deliverables
  • Enhance accounting processes and internal controls
  • Prepare analyses, reports, and financial models with guidance
  • Support cross-functional projects and system enhancements

Benefits

  • Hybrid work model with flexibility of working in-office and remotely
  • Opportunities for professional development and continuous improvement
  • Collaborative work environment within the Corporate Accounting team
  • Exposure to high-level accounting functions and industry-specific regulatory compliance
  • Opportunity to enhance technical skills and expertise in financial reporting and audit processes
Full Job Description
The Senior Accountant is a key member of the Corporate Accounting department, supporting core accounting activities that ensure accurate and timely financial results for Independence Health Group and its subsidiaries. The role includes a blend of general accounting, financial close responsibilities, and support for reporting and regulatory requirements, which may involve financial reporting, general ledger management, operational accounting support, consolidations, and participation in special projects based on departmental needs. This position provides the opportunity to build deep subject matter expertise while working collaboratively across the department to deliver consistent and reliable financial information. Using strong accounting knowledge, analytical skills, and a continuous improvement mindset, the Senior Accountant contributes to the overall effectiveness and quality of the Corporate Accounting function.

Responsibilities:
  • Participate in monthly, quarterly, and annual close processes, including journal entry preparation, account reconciliations, variance analysis, and preparation of supporting schedules/reports
  • Support the preparation of financial information, including internal management reporting and external GAAP/Statutory reporting as needed
  • Assist with regulatory filings and compliance activities relevant to the health insurance industry
  • Perform detailed general ledger analyses and investigations to understand activity, trends, and variances; recommend and implement corrective actions where needed
  • Support operational accounting functions such as premium, medical claim cost, administrative expense, intercompany, or other business-specific accounting activities
  • Collaborate with team members to provide responses to inquiries regarding assigned general ledger accounts and key transactions
  • Ensure transactions are recorded in accordance with applicable accounting guidance and company policies
  • Participate in external audit activities, serving as a point of contact for assigned areas and managing audit deliverables and documentation
  • Assist with the maintenance and enhancement of accounting processes, procedures, and internal controls, including Model Audit Rule (MAR) documentation
  • Prepare non-standard analyses, reports, and financial models for assigned areas, with guidance as needed, to support business partners and leadership
  • Support cross-functional initiatives, system enhancements, and special projects involving financial data, general ledger activity, or process improvements
  • Ensure deadlines and quality standards are met consistently across all assigned responsibilities


Qualifications:
  • Strong knowledge of general accounting practices and principles
  • Ability to apply accounting concepts across a range of day-to-day activities
  • Strong analytical, problem-solving, and critical-thinking abilities
  • Effective written and verbal communication skills; ability to explain accounting concepts to non-accounting stakeholders
  • Experience with large ERP systems such as PeopleSoft and comfort working with financial data tools
  • Proficiency in Microsoft Office applications (Excel, Word, PowerPoint)
  • Comfortable exploring and adopting new technologies, including AI-assisted tools, to enhance efficiency and accuracy
  • Demonstrated ability to work collaboratively across teams, manage multiple priorities, and meet deadlines
  • Interest and ability to identify, recommend, and implement process improvements

Education & Experience
  • BS/BA in Accounting
  • CPA or progress toward CPA preferred
  • Five or more years of progressively responsible accounting experience

Independence has implemented a "Hybrid" model which consists of Associates working in the office 3 days a week (Tuesday, Wednesday & Thursday) and remotely 2 days a week (Monday & Friday). This role is designated as a role that fits into the "Hybrid" model. While associates may work remotely on our designated remote days, the work must be performed in the Tri-State Area of Delaware, New Jersey, or Pennsylvania

Must have an Android or iOS device which is compatible with the free Microsoft Authenticator app.

About Independence Blue Cross

Independence Blue Cross (IBC) is a health insurance company based in Philadelphia, Pennsylvania. It is one of the largest health insurers in the United States, serving over 8 million people in 24 states and the District of Columbia. IBC offers a variety of health insurance plans, including individual and family plans, Medicare plans, and employer-sponsored plans. The company also provides wellness programs and other health-related services to its members. IBC was founded in 1938 as the Associated Hospital Service of Philadelphia and changed its name to Independence Blue Cross in 1988.
Learn more about Independence Blue Cross
Size
8,500 employees
Industry
Founded
1938

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