Current Opportunities

Physicians Insurance A Mutual Company provides traditional, first-dollar medical professional liability insurance, medical stop loss, provider excess, and reinsurance coverage to more than 7,500 physicians, practices, corporations, and hospitals in Washington, Idaho, Oregon, and Wyoming. Through its subsidiaries, the company also provides alternative risk financing vehicles and captive management with corresponding risk-management consulting, continuing medical education, and claims administration services. Founded in 1981, Physicians Insurance has grown to be the largest locally-based insurer of physicians in its region, and is rated A- (Excellent) by A.M. Best Company.  Physicians Insurance maintains corporate headquarters in Seattle, with regional and subsidiary offices in Spokane, WA, Portland, OR, Milton, VT, and Orlando, FL. We are proud to have a long history of excellent operating results and a commitment to our policyholders, our employees, and the communities we serve. We currently have an exciting opportunity for an Accountant. 

At Physicians Insurance, you’ll find an exceptional work environment, an impressive benefits package, and the opportunity to work for an industry leader whose programs have a positive impact on the practice of medicine and patient safety.

Position Summary:

The Accountant is responsible for a variety of accounting tasks to support the department and company.  This position also serves as a professional and administrative resource on accounting, financial reporting, and other accounting matters.

Responsibilities:

Responsibilities include but are not limited to the following:

  • Responsible for preparing accurate and timely financial statement reporting for SAP, tax and other regulatory reporting.
  • Maintains financial control by preparing timely and accurate account reconciliations including reviewing and analyzing accounting entries posted to the general ledger and other sub-ledgers to ensure proper recording of assets, liabilities, revenue, expenses and/or equity. Identifies outstanding issues and resolves through independent analysis, research and follow-up.
  • Performs Investment Accounting including handling entries related to purchases, sales, reconciliations in accordance with SAP.
  • Develops and maintains the accounting related to premium and reinsurance development.
  • Assists with Internal and external audits and year end footnote disclosures.
  • Supports management and other activities assigned, which may include ad hoc projects, analysis and process improvements.
  • Develops and maintains working relationships within the Finance/Accounting department and operational departments.
Requirements / Qualifications:
  • 4-year college or university degree in Accounting or Finance
  • 3+ years insurance accounting experience; financial reporting experience preferred
  • Certified Public Accountant (CPA) preferred
  • Demonstrated knowledge of statutory insurance reporting principles
  • Strong analytic and detail-oriented skills
  • Strong interpersonal skills with the ability to act with tact and diplomacy to effectively deal with staff at all levels, including top management
  • Ability to handle a variety of tasks effectively and efficiently
  • Ability to work independently and balance multiple projects and processes simultaneously under strict deadlines
  • Demonstrated technical ability to work with Microsoft Office Suite, Microsoft Dynamics, Great Plains, or other similar ERP systems
  • Ability to work in a collaborative team environment
  • Ability to lift or move up to 40 pounds
How To Apply

To apply for this position at Physicians Insurance, please send us a resume at recruiter@physins.com.

Physicians Insurance A Mutual Company provides traditional, first-dollar medical professional liability insurance, medical stop loss, provider excess, and reinsurance coverage to more than 8,500 physicians, practices, corporations, and hospitals in Washington, Idaho, Oregon, and Wyoming. Through its subsidiaries, the company also provides alternative risk financing vehicles and captive management with corresponding risk-management consulting, continuing medical education, and claims administration services. Founded in 1981, Physicians Insurance has grown to be the largest locally-based insurer of physicians in its region, and is rated A- (Excellent) by A.M. Best Company. Physicians Insurance maintains corporate headquarters in Seattle, with regional and subsidiary offices in Spokane, WA, Portland, OR, Milton, VT, and Orlando, FL. We are proud to have a long history of excellent operating results and a commitment to our policyholders, our employees, and the communities we serve. 

At Physicians Insurance, you’ll find an exceptional work environment, an impressive benefits package, and the opportunity to work for an industry leader whose programs have a positive impact on the practice of medicine and patient safety.

Position Summary:

The Accounting Manager works closely with the entire finance and accounting team, as well as others across the organization, to lead the day-to-day accounting functions of the company. This position will develop and improve accounting processes and systems in order to drive efficiencies and best practices.  

Responsibilities:

Responsibilities include but are not limited to the following:

  • Manages the accounting technician team, including the establishment of operational objectives and assignments.
  • Manages all aspects of the accounting daily operations, including cash management, billing, accounts receivable, fixed assets, accounts payable, 1099 reporting, and bank reconciliations.
  • Manages the semi-monthly payroll process for 100 multi-state employees (and growing) with close interactions and support of the Human Resources Department:
    • Ensures all pay adjustments are properly processed.
    • Verifies calculations and confirms other earnings (e.g., bonuses, incentive payments and other compensation) are processed
    • Reviews, validates and reconciles payroll data to ensure accurate payroll payments, reporting and records
    • Prepares journal entries and related account reconciliations.
    • Keeps up to date on payroll laws or regulations
  • Remits and reconciles 401k, HSA and FSA contributions with third party service providers.
  • Implements and administers internal control and other policies, procedures and processes for accounting and payroll.
  • Supports and educates internal customers on accounting related items, including existing and new accounting guidance and policies
  • Supports new systems selection and implementation processes
  • Ensures financial systems are appropriate for tasks performed and are developed, tested, and implemented appropriately
  • Supports all audits.
  • Develops training and development opportunities for direct reports.
  • Performs back up of operational functions and other duties and responsibilities as required.
Requirements / Qualifications:
  • 4-year college or university degree in Accounting or Finance
  • Five plus years accounting operations experience with two years of experience in a manager role; two years of payroll processing experience, preferably with ADP or another cloud platform payroll software system
  • Certified Public Accountant (CPA) preferred
  • Excellent organization and communication skills
  • Demonstrated ability to maintain sensitive and confidential information with the highest degree of integrity and privacy
  • Strong interpersonal skills with the ability to act with tact and diplomacy to effectively deal with staff at all levels, including top management
  • Ability to handle a variety of tasks effectively and efficiently
  • Ability to work independently and balance multiple projects and processes simultaneously
  • Demonstrated technical ability to work with Microsoft Office Suite, accounts payable, accounts receivable, fixed asset and payroll software systems
  • Ability to work in a collaborative team environment
  • Ability to lift or move up to 40 pounds
How To Apply

To apply for this position at Physicians Insurance, please send us a resume at recruiter@physins.com.

Physicians Insurance A Mutual Company provides traditional, first-dollar medical professional liability insurance, medical stop loss, provider excess, and reinsurance coverage to more than 8,500 physicians, practices, corporations, and hospitals in Washington, Idaho, Oregon, and Wyoming. Through its subsidiaries, the company also provides alternative risk financing vehicles and captive management with corresponding risk-management consulting, continuing medical education, and claims administration services. Founded in 1981, Physicians Insurance has grown to be the largest locally-based insurer of physicians in its region, and is rated A- (Excellent) by A.M. Best Company. Physicians Insurance maintains corporate headquarters in Seattle, with regional and subsidiary offices in Spokane, WA, Portland, OR, Milton, VT, and Orlando, FL. We are proud to have a long history of excellent operating results and a commitment to our policyholders, our employees, and the communities we serve. 

Position Summary:

The Senior Underwriter is primarily responsible for the selection and pricing of risk, both for new business and at renewal, including in-depth review of customer needs and the ability to apply their knowledge of policy, rating programs and amendatory endorsements to provide appropriate coverage at the appropriate price.  This position works with varying departments throughout the company, including interacting with policy holders and potential insureds.

Responsibilities:

Responsibilities include but are not limited to the following:

  • Performs technical underwriting tasks and analysis which includes investigating and reviewing or making approval/denial decisions, reviewing and assessing coverage needs or preparing endorsements, regular re-underwriting of existing accounts.
  • Performs company policy services, including correspondence, reviewing letters on information and policy interpretation, and reviewing and/or developing policy endorsements.
  • Develops and maintains a working knowledge of underwriting policies, coverages, rules, rates and forms and underwriting guidelines, as well as actively participate in suggesting modifications, new policies or programs.
  • Produces an underwriting profit that enhances policyholder surplus allowing the company to better serve its policyholders and the physician community of the territories that we serve.
  • Mentors and trains junior underwriters.
  • Communicates with physicians, clinic managers, state medical association staff, hospital personnel and administrators, insurance brokers and agents. This includes gathering necessary policy information, advising and counseling on denials and endorsements. 
Requirements / Qualifications:
  • A 4-year college degree or equivalent work experience.
  • 6+ years of professional liability underwriting experience with a history of increasing responsibility and authority in hospital/facility or other non-medical lines of business, such as Directors and Officers Liability, Employment Practices Liability, Cyber Liability, or General Liability are strongly desired
  • Demonstrated technical ability to work with Microsoft Office.
  • Strong written communication skills with the ability to provide concise reports, referrals and summaries to senior management
  • Excellent interpersonal skills with the ability to present effectively to large or small groups.
  • Excellent analytical and computer skills, with a demonstrated ability to use data analytics and make appropriate conclusions based upon results.
  • Excellent time management and prioritization skills.
  • Strong commitment to customer service, quality, and working in a collaborative team environment.
  • Demonstrated knowledge of underwriting principles and insurance policies.
How To Apply

To apply for this position at Physicians Insurance, please send us a resume at recruiter@phyins.com.

Benefits and Perks

Retirement Plans

We match 100% of your Traditional and Roth 401(k) contributions, up to 6.6%. The Money Purchase Plan is fully funded by us and provides an additional 10% of your compensation for your retirement.

Tax-free Spending Accounts

You can deduct funds pre-tax from your paycheck to pay for dependent child care, as well as for medical expenses through FSA and HSA health accounts. This reduces your taxable income, which keeps more of your earnings in the bank.

Health Insurance

We provide medical, dental, and vision insurance, with generous employer-subsidized premiums. 

Annual Incentive Award

Employees are eligible for an annual company bonus, based on company performance and individual results.

Paid Parental Leave

We offer four weeks of 100% paid time off for mothers, fathers, and adoptive parents - in addition to the weeks of medical leave that our employed mothers receive through our Salary Continuation plan.

Transportation

We subsidize ORCA passes and offer pre-tax parking reimbursement up to the IRS allowable amount, to make your daily commute a bit better. 

Charitable Giving

We match your charitable donations up to $1,500 for company-sponsored campaigns, plus, we participate in United Way’s annual Day of Caring. 

Life and Disability Insurance

We pay 100% for Life and Accidental Death and Dismemberment Insurance, as well as for Disability Insurance for our employees in case of sudden illness or injury.

Education Reimbursement

We reimburse approved, job-related courses at the IRS tax-exempt maximum - up to $5,250 per year. Plus, reimbursements are available for certain professional designations!

Physicians Insurance has provided me with ample opportunity for growth. I have no doubt that the skills and experience I have gained so far will be valuable for the rest of my career. This company values the input of its employees at every level, and recognizes how employee satisfaction can impact the company’s overall success.

Mary
Risk Management
Employee since 2016