Accounting & Separate Account Reporting Associate Director
1 week ago
Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001's culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.
Why The Role Matters:
The Accounting & Separate Account Reporting Associate Director position will be responsible for the detailed accounting and financial reporting activities for Group 1001 and subsidiaries. This is an individual contributor role reporting to the AVP, Finance/Accounting. In this position you will record, process, and summarize the information for financial accounting and reporting for Separate Accounts including NAIC reporting and maintaining various account balances. In this role you will collaborate with a dynamic finance and accounting team utilizing your strong accounting, problem-solving, and communication skills.
How You'll Contribute:
- Responsible for the accurate and timely preparation of financial statements and support regulatory filings in a multi-company environment.
- Develop new and ad hoc accounting reports as necessary
- Collaborate across departments, including but not limited to the investments, actuarial and tax departments, and the Company's TPA's to facilitate the monthly financial statement close process and year-end financial statements preparation.
- Prepare and review complex general ledger account reconciliations
- Prepare and analyze financial reports, including statements of operations and balance sheets, for submission to the NAIC.
- Develop and maintain key financial processes, procedures, and internal control documentation
- Work with external auditors and research to determine appropriate accounting and reporting
What We're Looking For:
- Bachelor's degree in Accounting/Finance required
- 5+ years of experience in accounting and reporting
- CPA preferred
- Previous experience with statutory accounting, and GAAP accounting in the life insurance industry is required
- Previous experience with NAIC reporting
- Experience with Workday and Office Connect a plus.
- Experience with statutory reporting software (Wings/SOVOS) a plus
- Advanced working knowledge of computer applications, including MS Word, Excel, and Outlook
- Strong work professional work ethic, integrity, and team-oriented
- Excellent organizational skills, attention to detail, ownership, and accountability
Benefits Highlights:
Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001's benefits package. Employees (and their families) are eligible to participate in the Company's comprehensive health, dental, and vision insurance plan options. Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability. All employees (regardless of hours worked) have immediate access to the Company's Employee Assistance Program and wellness programs—no enrollment is required. Employees may also participate in the Company's 401K plan, with matching contributions by the Company.
Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.
LI-ST1 #LI-REMOTE-
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