Accountant - Closed Block Business
$73,700–$136,800 year
HybridSaint Paul, Minnesota, United States
Job Summary
Prepare and analyze monthly, quarterly, and annual financial reporting for Closed Block operations, including GAAP and Statutory requirements. Perform reconciliations of financial statements, settlement statements, and reinsurance activity while ensuring transactions are recorded accurately and timely. Build partnerships with third-party administrators and internal stakeholders to investigate variances, resolve accounting issues, and deliver independent analysis to management and external auditors. Develop and maintain accounting procedures, controls, and reporting processes, and support system enhancements and process improvements. Monitor reporting deadlines and collaborate with Finance, Actuarial, Risk, and Technology teams on initiatives.
Required Qualifications
- 5+ years of experience with knowledge of general GAAP accounting principles in order to apply correct financial statement treatment
- General understanding of statutory insurance accounting principles / financial reporting
- Strong analytical and problem-solving skills with the ability to interpret financial results
- Proven organization and planning skills to direct/coordinate numerous activities for internal and external financial statement production and distribution
- Communication skills to respond to questions and provide quality service to business and other stakeholders
- Leadership skills to execute activities for certain special projects
- High attention to detail and commitment to accuracy
- Must be available for hybrid work (3 days each week in offices for those in commutable distance of 90 minutes)
Desired Qualifications
- Insurance industry accounting experience
- Experience with reinsurance accounting and reporting
- Understanding of retirement recordkeeping products and operations
- Experience supporting system implementations, accounting automation, or process improvement initiatives
- CPA or progress toward CPA designation
- Accounting
- Business Acumen
- Critical Thinking
- Detail-Oriented
- Expectation Management
- Problem Solving
- Verbal Communications
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