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Sr. Reinsurance Financial Reporting Accountant

4 months ago

Des Moines, United States Fidelity & Guaranty Life Insurance Company Full time
Job DescriptionJob Description

F&G is looking to hire for a Sr. Reinsurance Financial Reporting Accountant

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.

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

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

Skills and Abilities

  • Exceptional interpersonal and communication (verbal and written) skills
  • Highly motivated and demonstrated ability to take initiative
  • Ability to work both independently and as part of a team with professionals at all levels
  • Experience analyzing and understanding key data and technical accounting
  • Ability to effectively prioritize multiple tasks/projects to meet critical deadlines
  • Ability to work in a fast-paced environment
  • Excellent organizational and time management skills
  • Demonstrates ability to maintain confidentiality
  • Strong problem-solving skills

Other Requirements

  • Perform other functions, duties and projects as assigned
  • Regular and punctual attendance
  • Minimal travel required (less than 10%)

#LI-remote #LI-BR1

Additional Information

Work Environments

F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements. During the hiring process, you'll work with your leader to decide what works best for your role.

F&G complies with federal and state disability laws and makes reasonable accommodations for applicants and candidates with disabilities, unless such accommodation would cause an undue hardship for F&G. If reasonable accommodation is needed to participate in the job application or interview process, please contact talentacquisition@fglife.com.

Join our employee-centric hybrid work environment: F&G Careers

About F&G

Since 1959, Fidelity & Guaranty Life Insurance Company (F&G) has offered annuity and life insurance products to those who are seeking security in retirement and protection during life's unexpected events.

As a national Top Workplace1, an Iowa Top Workplace2 and a proud equal opportunity employer, F&G team members are empowered, collaborative, dynamic and authentic. We believe that by embracing these values, we will continue to build and strengthen the company while continuing to be a great place to work.

1Top Workplaces USA 2022 – 2023

2Des Moines Register Top Workplaces 2018 – 2022

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