[Remote] Reinsurance Senior Financial Reporting Analyst
Note: The job is a remote job and is open to candidates in USA. Symetra is a national financial services company dedicated to helping people achieve their financial goals. They are seeking a Reinsurance Senior Financial Reporting Analyst to focus on reinsurance accounting and financial analysis for life and annuity products, ensuring accurate financial reporting and collaborating with cross-functional teams.
Responsibilities
- Support research and documentation of technical accounting matters related to reinsurance under GAAP, U.S. Statutory, and Bermuda Statutory frameworks
- Prepare analyses of accounting treatments for new and complex transactions, including impacts to financial statements and operational processes
- Coordinate with external auditors as needed to support reviews and discussions
- Lead key components of the reinsurance accounting close process, including:
- Preparing and reviewing journal entries, general ledger reconciliations, and reporting schedules
- Analyzing variances and delivering management reports and key financial outputs
- Demonstrate deep expertise in assigned areas while maintaining a strong understanding of related processes and cross-functional impacts
- Drive ad hoc initiatives and special projects, including:
- Supporting the implementation of new reinsurance treaties
- Identifying and executing process improvements and operational efficiencies
- Collaborate cross-functionally with Actuarial, Tax, Legal, and other partners to evaluate and operationalize new reinsurance arrangements
Skills
- High School Diploma is required, plus a Bachelor's degree in Accounting or Finance
- 3+ years of experience in reinsurance accounting of life and annuity insurance and reinsurance, with exposure to complex reinsurance arrangements (such as modco, coinsurance with funds withheld, etc.)
- Proficiency in the fundamentals of accounting principles for life insurance and annuity products
- Experience in public accounting, including preparation, review, and audit of financial statements and related footnote disclosures
- 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)
- 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 for themselves, with an irresistible urge to exceed them
- Ability to perform assignments independently and adapt to changing priorities
- Creativity, problem solving, and decision-making skills
- A positive attitude and sense of humor!
- 3+ years of experience in reinsurance accounting of life and annuity insurance and reinsurance, with exposure to complex reinsurance arrangements (such as modco, coinsurance with funds withheld, etc.) is preferred
- CPA or CPA-eligible, preferred
Benefits
- Flexible full-time or hybrid telecommuting arrangements
- Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%
- Paid time away including vacation and sick time, flex days and ten paid holidays
- Give back to your community and double your impact through our company matching
Company Overview