Accounting Manager- Policies & Procedures (Hybrid)

About Us

At Selective, we don't just insure uniquely, we employ uniqueness.

Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years. Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including listing in Forbes Best Midsize Employers in 2025 and certification as a Great Place to Work® in 2025 for the sixth consecutive year.

Employees are empowered and encouraged to Be Uniquely You by being their true, unique selves and contributing their diverse talents, experiences, and perspectives to our shared success. Together, we are a high-performing team working to serve our customers responsibly by helping to mitigate loss, keep them safe, and restore their lives and businesses after an insured loss occurs.


Overview

This position is responsible for managing the Company's Accounting Policy function, including the implementation and governance of accounting policies under US GAAP and Statutory Accounting Principles (SAP) as well as the related general ledger activities and financial reporting. The role provides technical accounting leadership on complex and non-routine transactions, ensures compliance with evolving regulatory requirements, and partners with finance leadership and other teams within finance to collaborate in their activity of maintaining books of accounts, as well as preparing standard reports and statements. All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements.

Responsibilities

• Serve as the primarily technical accounting advisor through (i) monitoring and interpretation of activities from the Financial Accounting Standards Board (FASB), National Association of Insurance Commissioners (NAIC) and Securities and Exchange Commission (SEC), (ii) overseeing implementation of new accounting standards, and (iii) owning the governance of the Company's accounting policies.
• Manage general accounting functions.
• Prepare monthly financial reports and statistics.
• Oversee and schedule activities of financial close.
• Analyze and reconcile assigned general ledger accounts.
• Prepare various schedules for outside auditors.
• Assist in the development of reports to be used in analysis and presentation of financial data to senior management.
• Assist in reviews of financial statements.
• Coordinate accounting schedules and activities.
• Manage and train accounting staff.
• Ensure company compliance with Generally Accepted Accounting Principles (GAAP), Statutory Accounting Principles (SAP), and government regulations. Assist as needed on SOX 404 documentation and controls

Qualifications

Knowledge and Requirements

• Strong knowledge of GAAP, SSAPs, and general ledger accounting software packages.
• Strong knowledge of account reconciliation, general ledger maintenance, and financial statements preparation.
• Excellent written and verbal communication skills
• MS office applications

Education and Experience

• Bachelor's degree in accounting preferred
• Five to Eight years of accounting experience
• Prior supervisory or management experience
• CPA preferred

Total Rewards

Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life. These benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and 20 days of paid time off. Additional details about our total rewards package can be found by visiting our benefits page.


The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprint. Additional considerations include relevant education, qualifications, experience, skills, performance, and business needs.


Pay Range

USD $130,000.00 - USD $168,000.00 /Yr.
Additional Information

Selective is an Equal Employment Opportunity employer. That means we respect and value every individual's unique opinions, beliefs, abilities, and perspectives. We are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences - and empowers employees to contribute new ideas that support our continued and growing success. Building a highly engaged team is one of our core strategic imperatives, which we believe is enhanced by diversity, equity, and inclusion. We expect and encourage all employees and all of our business partners to embrace, practice, and monitor the attitudes, values, and goals of acceptance; address biases; and foster diversity of viewpoints and opinions.

For Massachusetts Applicants

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.