A large Insurance Xompany looking to add a Senior Corporate Accountant to the team. The candidate will be responsible for the preparation, review and analysis of all Solvency II and IFRS Financial Reporting as well as supporting technical accounting research, compliance and accounting policy development and implementation. In addition, this position will also be involved in the Solvency II and IFRS subsidiary companies financial statement and note preparation as assigned and any other items that may arise in the course of completing these responsibilities.
Responsibilities:
• Prepare and analyze the financial consolidation of MRAC and its subsidiaries. Support creation of validation and reconciliation templates to perform analyses and support sign-off of data by CFO.
• Monitor the Solvency II quarterly closing calendar and process to ensure the timely and accurate submission, consolidation and analysis of data.
• Support technical accounting research and assessment of the impact of new authoritative accounting guidance, current and evolving accounting, regulatory and financial reporting issues under GAAP, Statutory, IFRS and Delaware Insurance Code for all Companies.
• Support development and maintenance of risk descriptions for all significant risks in consultation with the Process Risk Owners
• Participate in special projects as assigned. May include the implementation or change in regulatory or accounting requirements, complex transactions, accounting policy development and/or systems implementation.
Requirements:
• BS in Accounting
• 5+ years’ experience in reinsurance or insurance accounting,
• GAAP and/or IFRS financial statement preparation and reporting
• Knowledge of IFRS, GAAP and Statutory accounting guidance – ability to research accounting related issues
• Work independently and strong attention to detail
• Strong multi-tasking skills and ability to work under very tight deadlines with extended hours
• Ability to adapt to various situations during periods of ambiguity, uncertainty, and change
• Ability to communicate in a clear and concise manner, both verbally and in writing to multiple levels within the organization
• Continually seeks to improve the accuracy and efficiency of the reporting processes
Preferred Skills:
• CPA preferred
• Experience with SAP financial systems a plus
Compensation: $95,000-$115,000
Salary is based on a range of factors that include relevant experience, knowledge, skills, other job-related qualifications.
