Nationwide Insurance

Specialist, Accounting

Nationwide Insurance$79K — $119K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of accounting experience, preferably in insurance
  • Undergraduate degree in accounting, finance, or business administration
  • Progress towards CPA certification is preferred
  • Strong knowledge of GAAP and/or STAT regulatory requirements
  • Proficient in complex financial statement preparation, including consolidations
  • Effective communication skills for internal/external interactions
  • Project management skills and tech-savviness, particularly in Power BI

Responsibilities

  • Lead implementation of revised accounting policies and procedures
  • Prepare and analyze complex financial and regulatory statements
  • Ensure accuracy of financial reports for stakeholders
  • Recommend management actions based on financial analysis
  • Stay updated on GAAP changes impacting financial statements
  • Develop and improve accounting systems and processes
  • Prepare special reports and presentations for auditors and regulatory agencies

Benefits

  • Medical, dental, and vision insurance
  • Life insurance and short/long term disability coverage
  • 18 days of paid time off annually, prorated quarterly
  • 401(k) plan with company match
  • Company-paid pension plan
  • Business casual attire
  • Annual Unity Day and Lifetime paid time off hours
Full Job Description

This role is open on the Recon Assurance team, which drives resolution on material, high risk, high volume, and significantly aged balance sheet reconciliation exceptions.  The team does this through collaboration with reconcilers, reviewers, exception owners, and Business Unit Controllership using metric-based reporting and analytics for the purpose of mitigating risk to the financial statements. 

This role leads and provides critical support for the Recon Assurance initiatives including but not limited to: helping to problem solve complex reconciling items, researching via the GL and other source systems, communicating with business partners to identify and resolve issues, presenting monthly status updates to Business Unit Controllers regarding aged reconciling items, reconciliation quality assurance testing, building and maintenance Power BI reporting.

I am looking for a strong self-starter with a high degree of curiosity, engaged in self-driven continuous improvement, problem solving skills, an analytic mindset, and the ability to quickly adapt.  Effective communication skills, both written and spoken, required with the ability to clearly summarize complex problems and emphasize the importance of an issue with a sense of urgency. Familiarization with or interested in Power BI and other technologies is preferred. 

This is a hybrid role based in Columbus, Ohio, requiring onsite presence at least two days per week.

This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.

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Job Description Summary

Would you thrive in an inclusive work environment where you can lead, adapt and innovate? Do you want to invest in yourself and work in an environment of problem solving, collaboration and learning? If youre ready to lead in a technology-enable, digitally focused organization, where Controllership is a captivating and respected career, we want to hear from you!

As a Specialist, you'll plan, coordinate and perform the most complex accounting functions. We'll count on you to acquire, assemble, evaluate, interpret, record and analyze financial data of all types and sources ultimately utilized in the preparation of financial documents for various regulatory and statutory authorities and for internal management of all levels.

Job Description

Key Responsibilities:
  • Performs a lead role in establishing and implementing of new or revised accounting policies and procedures.

  • Prepares and analyzes the most sophisticated financial and regulatory statements for the company(ies) and/or business areas assigned.

  • Develops and submits sophisticated accounting and financial transactions required to ensure accurate reporting.

  • Ensures the completeness and accuracy of all reports, forms and data provided to internal and external clients/customers.

  • Recommends management actions or alternatives when the analysis of financial documents discloses unfavorable trends, situations or deviations.

  • Keeps informed of changes to GAAP and/or STAT regulatory requirements which ultimately impact the submission of statements, reports and other financial data.

  • Recommends changes to area(s) of responsibility that would enhance, improve or facilitate job performance, processing or workflow.

  • Leads the development and design of new and enhanced systems and processes, under general guidance, within the assigned area(s).

  • Prepares and analyzes the most complex pro forma financial data required for compliance with new requirements.

  • Assists management in applying financial data and analysis to solve administrative and operating problems.

  • Prepares state and supplemental reporting requirements.

  • Prepares complex financial information to provide to internal and external auditors, IRS, state examiners and other regulatory agencies.

  • Prepares special reports and presentations.

  • Serves in a group leader capacity to other accountants on selected projects.

May perform other responsibilities as assigned.

Reporting Relationships: Reports to Accounting Manager or Director.

Typical Skills and Experience:

Education: Undergraduate studies in accounting, finance or business administration; accounting major and degree preferred.

License/Certification/Designation: Progress towards CPA preferred.

Experience: Four to six years of related accounting experience; insurance experience preferred.

Knowledge, Abilities and Skills: GAAP and/or STAT knowledge and/or functional business area regulatory requirements. Complex financial statement preparation, including consolidation of companies/subsidiaries. Principles of taxation and the related impact on financial statement preparation. Accounting and/or business computer systems. Company organizational structure and products and services. Verbal and written communication skills for internal/external contacts. Ability to analyze, discover and solve accounting problems, to interpret financial documents and data and to analyze and interpret legal requirements. Project management skills. Ability to interpret changes in financial reporting and legal requirements relative to the impact on financial statement preparation and to the formulation of company or business area policies and procedures. Ability to effectively operate a personal computer and related software using advanced techniques. Ability to apply accounting principles, theories, concepts and practices to specialized, unique and/or nonrecurring complex problems.

Other criteria, including leadership skills, competencies and experiences may take precedence.

Staffing exceptions to the above must be approved by the hiring managers leader and HR Business Partner.

Values: Regularly and consistently demonstrates Nationwide Values.

Job Conditions:

Overtime Eligibility: Exempt (Not eligible)

Working Conditions: Normal office environment. May require extended hours in periods of high volume.

ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.

Credit/Background Check: Due to the fiduciary accountabilities within this job, a valid credit and/or background check will be required as part of the selection process.

Benefits

We have an array of benefits to fit your needs, including: medical/dental/vision,life insurance, short and long term disability coverage,paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer,click here.


Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.

The national salary range for Specialist, Accounting : $79,500.00-$148,500.00

The expected starting salary range for Specialist, Accounting : $79,500.00 - $119,500.00

About Nationwide Insurance

Nationwide Mutual Insurance Company & Affiliated Companies is a group of large U.S. insurance and financial services companies based in Columbus, Ohio. Nationwide has grown from a small mutual auto insurer owned by policyholders to one of the largest insurance and financial services companies in the world, with more than $158 billion in statutory assets.

Nationwide Insurance Careers

Join the Nationwide Insurance team today and be part of a company that values innovation, leadership, and diversity. As one of the leading insurance and financial services providers, Nationwide offers unparalleled job opportunities that foster professional growth and development. Work You’ll Do At Nationwide Insurance, you’ll contribute to projects that impact lives and help communities thrive. You’ll work alongside a team of experts dedicated to upholding the highest standards in insurance and financial services. Our culture is built on a foundation of respect and integrity, driving us to achieve excellence in everything we do. Nationwide Insurance is not just about insurance; it’s about fostering an environment of continuous growth and innovation. With a variety of career paths available, from customer service to claims management, each position offers the chance to make a significant impact. Join Our Market-Leading Team Nationwide Insurance is home to some of the most dedicated professionals in the industry. Our team benefits from leadership that is committed to personal and professional development, ensuring that every employee has the opportunity for career advancement and skill enhancement. Innovate with Us Embrace the opportunity to work on groundbreaking projects that set industry standards. Nationwide’s commitment to innovation means constantly seeking out new ways to improve our services and processes, benefiting both our customers and our team members. Internship and Employment Opportunities Start your career with Nationwide Insurance through our internship programs or dive straight into a fulfilling career with vast employment opportunities. We are looking for passionate, curious, and driven individuals ready to make a difference in the insurance industry. Diversity and Inclusion At Nationwide, diversity and inclusion are more than just words—they are principles guiding how we build our teams, cultivate leaders, and create a company that’s the right fit for every person inside of it. We offer diversity training and resources that promote an inclusive workplace. Benefits and Culture Nationwide Insurance is committed to supporting our team members’ well-being both inside and outside of work. Our benefits package includes comprehensive health care, retirement plans, and generous paid time off. More than just benefits, our company culture encourages networking, mentorship, and community involvement. Career Development Invest in your future with Nationwide Insurance’s career development programs. From resume and interview workshops to advanced leadership training, we provide the tools to help you succeed and advance within the company. Stay Connected Join Our Team Explore the various positions available at Nationwide Insurance that match your skills and interests. We are continuously hiring and looking for new talent to join our professional network. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights—all from the people who work at Nationwide Insurance. Job Alert Emails Customize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Nationwide Insurance. Join Nationwide Insurance today and be part of a team that is dedicated to making a difference in the lives of our customers and communities.
Learn more about Nationwide Insurance
Size
28,000 employees
Industry
Founded
1925

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