Head of Accounting Policy jobs in United States
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Talcott Financial Group · 1 day ago

Head of Accounting Policy

Talcott Financial Group is an international life insurance group seeking a Head of Accounting Policy to lead all aspects of accounting policy for the group and its subsidiaries. The role involves driving the analysis of accounting policy choices and overseeing the implementation of new accounting requirements.

Financial ServicesInsuranceRisk Management
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Responsibilities

Lead, analyze, and provide expertise in relation to EBS, US GAAP, and US STAT accounting guidance and emerging issues that may shape company financial filings
Maintain accounting policies across a wide range of investment classes and liabilities (variable annuities, fixed indexed annuities, payout annuities, universal life) across a wide range of bases of accounting
Support overall reporting processes and monitor any changes made to EBS, US GAAP, and statutory regulations/requirements
Oversee and lead business on the implementation of new and amended standards including EBS, US GAAP, SEC, and NAIC statutory standards (e.g., revenue recognition, credit losses, long-duration targeted improvements)
Engage with investments front office and third-party consultants to develop accounting policies for new asset classes and investments
Review historical accounting policies to determine continued appropriateness as the business grows and evolves
Implement new accounting standards and changes
Assist corporate development team in analyzing accounting and capital consequences of new and potential transactions

Qualification

US CPA(re)insurance accountingEBSUS GAAPStatutory accountingAccounting policy experienceFinancial processesAnalytical skillsDetail-orientedCommunicationStrategic thinkerResults-oriented

Required

Bachelor's or Graduate degree in Accounting or Finance with US CPA or equivalent accounting certification
Minimum 10 years of (re)insurance accounting experience, with 5 or more years of relevant accounting policy experience within a life insurance/reinsurance setting
Experience with legal entity acquisitions and block reinsurance transactions
Experience with product features and accounting for variable annuities, fixed indexed annuities, payout annuities, universal life, and reinsurance structures
Experience with investment features and accounting for fixed income, equities/alternatives, hybrid investments, and loans
Detail-oriented and highly organized
Broad range of technical accounting skills gained through analysis of financial processes and M&A transactions
Proven track record of building and managing finance processes and delivering timely, accurate results
Expertise in one or more of EBS, US GAAP, or US STAT
Ability and desire to execute in a hands-on, detail-oriented manner
Strong communication and analytical skills
Highly motivated and results-oriented
Proven ability to work independently and collaboratively
Strategic thinker able to analyze and solve complex problems
Very strong written, verbal, and interpersonal communication skills

Benefits

Annual bonuses
Long-term incentives
Recognition

Company

Talcott Financial Group

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Talcott Financial Group is a strategic risk partner and reinsurance company that creates risk management efficiencies for insurers.

Funding

Current Stage
Late Stage

Leadership Team

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Michael Smith
Executive Chairman
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Company data provided by crunchbase