Accounting Policy Specialist

You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.
Job Summary
The Accounting Policy team within Corporate Financial Services is responsible for ensuring that the Company's US GAAP, IFRS and Statutory accounting policies and practices are in compliance with current FASB, IASB, and NAIC standards and are consistent with SEC regulations and industry practice. The successful candidate will have a background in accounting policy research, or insurance accounting, with excellent communication skills.
This position reports to the Director of Accounting Policy and plays a critical role in researching and interpreting accounting guidance, consulting on complex transactions, and preparing technical accounting memos. The role collaborates with fellow Accounting Policy team members and corporate customers to form well-reasoned accounting conclusions and to develop appropriate accounting policies.
The role contributes to enterprise objectives through recurring and project based work, and involves close collaboration with other areas throughout the Company, including GAAP Reporting, Statutory Reporting, Investments, Foreign and Domestic Subsidiaries, P&C and Corporate Accounting, Reinsurance, Tax, and Legal. This role provides significant opportunities to enhance and develop insurance accounting skills and high visibility to senior leadership, as well as a diverse set of business partners.
JOB DESCRIPTION:
Essential Duties & Responsibilities

• Acts as an advisor to the business and leads the accounting analysis of complex and non-routine transactions
• Contributes accounting policy expertise to large, cross-functional projects, ensuring that applicable accounting and regulatory guidance are applied appropriately. These projects may include: impact analysis and implementation of newly issued GAAP, IFRS, and statutory accounting guidance, benchmarking analysis of industry peers, and accounting evaluations of new enterprise initiatives.
• Monitors developments in accounting or other technical guidance from standard setters and regulatory agencies (e.g., FASB, SEC, NAIC) to ensure that the Company is aware of emerging issues with a potential impact.
• Leads stakeholder education to deliver key takeaways regarding emerging accounting issues to leadership and impacted business areas.
• Provides accounting analysis, interpretation and advice to leadership to resolve technical issues; drafts and reviews technical accounting memos.
• Collaborates with external auditors for review of technical accounting memos.
• Continuously challenges policies and procedures and implements process improvements, as appropriate.
• May assist in providing feedback to standard setters and regulators by drafting comment letters on emerging accounting issues
• Manage other accounting and finance special projects, as needed.

May perform additional duties as assigned.
Reporting Relationship
Director or above
Skills, Knowledge & Abilities

• Thorough knowledge of USGAAP, IFRS, and statutory accounting principles.
• Detail oriented with strong organizational and presentation skills.
• Strong interpersonal skills with the ability to work with personnel at all levels, and explain complex technical accounting issues to stakeholders from broad range of functional areas.
• Ability to exercise professional judgement and make recommendations to management
• Ability to prioritize and manage multiple projects effectively.
• Strong analytical and problem solving skills; ability to break down complex problems and drive to resolution.
• Excellent verbal and written communication skills.
• Excellent computer skills including Microsoft Office Suite.

Education & Experience

• Bachelor's Degree, preferably in accounting or finance, CPA desirable.
• Typically a minimum of 5 to 8 years of related work experience in accounting.
• Previous experience in insurance industry, or in an accounting policy research role is a plus.

* We offer a hybrid work schedule of 1-2 days in the office for this role.
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CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact [email protected] .