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Company

Symetra · 1 day ago

Sr. Financial Reporting Specialist

United States

Full-time

Remote

Mid, Senior Level

$110K/yr - $184K/yr

4+ years exp

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Financial ServicesHealth Insurance

Growth Opportunities

No H1B

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Responsibilities

Research and document technical accounting issues related to Reinsurance Accounting (GAAP, US Statutory and Bermuda Statutory)

Produce documented research of accounting treatment, including financial statement impacts and operational considerations, for new and complex transactions.

Develop and propose recommendations where judgement in application is required.

Discuss issues and coordinate with external auditors, as appropriate.

Technical reviewer of Enterprise Reporting deliverables for accounting accuracy

Review MD&A, Financial Statement footnotes, and other key management deliverables related to Reinsurance. May also draft disclosures.

Maintenance and review of Reinsurance Accounting Policies

Maintain, review, and revise existing reinsurance accounting policy documentation as needed.

Assist in the implementation of new reinsurance treaties and new accounting guidance.

Stay current with developments in the life insurance industry, participating in reinsurance related industry calls.

Identify and communicate new GAAP, Statutory and Bermuda-based Statutory guidance and interpretations affecting Symetra.

Prepare and deliver presentations and training on reinsurance related topics to a wide range of audiences.

Collaborate with Actuarial, Tax, Law and other teams in the evaluation of new reinsurance treaties.

Qualification

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Reinsurance AccountingGAAPStatutory AccountingBermuda Statutory AccountingTechnical Accounting ResearchFinancial Statement PreparationCPACPA-eligibleInternal Controls

Required

High School Diploma is required

A BA/BS in Accounting, or Finance

Minimum of 4-5 years of experience in the technical accounting of life and annuity insurance and reinsurance, with significant exposure to complex reinsurance arrangements (such as modco, coinsurance with funds withheld, etc.) as well as offshore reinsurance transactions, is required

Proficiency in the fundamentals of accounting principles for life insurance and annuity products

Experience with the preparation and review of financial statement and footnote disclosures

Possess technical accounting research skills and the desire to use them – this involves analyzing, documenting, and supporting conclusions

Exposure to internal controls over financial reporting and related documentation

Goal-oriented with a track record of task and project completion

Ability to work a flexible schedule, as the need arises (quarter and year-ends, ad hoc projects)

Self-managed – independently identifies and promptly completes research and related documentation

Proven ability to interact effectively and communicate complex reinsurance accounting guidelines and policies in an understandable manner to various levels of management, staff, and auditors

High expectations of yourself, with an irresistible urge to exceed them

Creativity, problem solving, and decision-making skills

A positive attitude and sense of humor!