Senior Reinsurance Financial Reporting Accountant

Job Summary

The Senior, Reinsurance Financial Reporting Accountant will review and analyze the preparation and implementation of reinsurance financial reporting duties to ensure accurate and timely financial reporting of complex reinsurance transactions and reinsurance subsidiary companies.  This includes review and preparation of GAAP and local regulatory financial statements and review of the monthly/quarterly financial statement close activities for reinsurance subsidiaries.  This position reports to the Reinsurance Controller. 

Duties and Responsibilities

• Review and preparation of audited GAAP and local regulatory financial statements for the company’s reinsurance subsidiaries
• Review of the monthly/quarterly financial statement close activities for reinsurance subsidiaries.  Partners with the Reinsurance Financial Reporting Accountant to give feedback and work on process improvements
• Analyzes the financial reporting results at the treaty and reinsurance legal entity level on a US GAAP, NAIC and other regulatory bases of accounting
• Serves as point of contact for both internal and external auditors for reinsurance activity
• Partners with various areas in the evaluation and implementation of new reinsurance treaties and amendments
• Assists with the development of accounting models for reinsurance transactions under multiple accounting bases (US GAAP, NAIC statutory, etc.)
• Performs reinsurance internal controls over financial reporting
• Responsible for the review of reinsurance financial statement schedules and disclosures for F&G GAAP, local regulatory reporting and NAIC statutory reporting
• Assists with ad hoc requests, special projects and other duties related to financial reporting and analysis, as assigned.

Experience and Education Requirements

• Bachelor’s degree in Accounting or equivalent
• Minimum 3 years of experience in financial reporting, accounting or auditing
• Reinsurance accounting experience in the life insurance or financial services industries strongly preferred
• Big 4 public accounting experience preferred
• CPA license preferred

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