Accounting Consultant - Statutory Reporting (Charlotte, NC (Hybrid) or Remote)
About The Position
The Accounting Consultant supports Brighthouse Financial’s reinsurance subsidiaries accounting and reporting functions. The role coordinates monthly close activities, analysis, eliminations, financial statement preparation and review, and projects that maintain and improve business continuity. It also applies regulatory agency reporting requirements and guidelines to maintain records and prepare required financial reports. The position prepares quarterly and annual NAIC Statutory Financial Statement (Blue Book) filings for a Captive Insurance Company, along with monthly, quarterly, and year-end statutory reporting, disclosures, audited financial statements, and Management Discussion and Analysis. The consultant researches variances and reviews quarterly analytics, may review journal entries, reconciliations, and monthly reporting, interprets statutory accounting guidance, and coordinates with auditors and internal business partners. The role also supports regulatory accounting changes and reinsurance policy updates, manages assigned process improvements and projects, and communicates progress to management. The role is based in Charlotte, North Carolina, with the option to work remotely or in the office. Travel is not required, though occasional in-person company or department gatherings may take place.
Requirements
- Bachelor of Science or Bachelor of Arts in accounting or finance.
- Five or more years of experience in financial accounting and reporting.
- Excellent verbal, written, and interpersonal communication skills.
- Strong analytical and problem-solving skills.
- Ability to handle multiple tasks and deadlines.
- Ability to work effectively as part of a team and independently.
- Knowledge of statutory (STAT) and GAAP accounting practices and procedures.
- High proficiency in Excel and ability to learn other systems quickly.
Nice To Haves
- Insurance experience, preferably with Blue Book and reinsurance.
- SAP knowledge.
Responsibilities
- Coordinate monthly close activities, analysis, eliminations, financial statement preparation and review, and unit projects.
- Maintain records and prepare financial reports in accordance with applicable regulatory agency requirements and guidelines.
- Prepare end-to-end quarterly and annual NAIC Statutory Financial Statement (Blue Book) filings for a Captive Insurance Company.
- Prepare monthly, quarterly, and year-end regulatory reporting, financial statements, disclosures, and related information for statutory requirements.
- Prepare annual Statutory Audited Financial Statements and Management Discussion and Analysis for a Captive Insurance Company.
- Research variances and review quarterly analytics to complete quarterly close.
- May review monthly journal entries, reconciliations, and monthly financial reporting for close.
- Review statutory accounting literature to determine proper accounting treatment, including for Captive Insurance Companies.
- Coordinate with internal and external auditors, lines of business, administrative areas, Treasury, Technical Accounting, and actuaries on financial reporting responsibilities.
- Assist with accounting changes required by regulatory accounting changes or reinsurance policy.
- Manage assigned process improvements, ongoing initiatives, and projects, and communicate progress to management.
- Perform other related duties as assigned or required.
Benefits
- Base salary of $95,000 to $110,000 plus performance-based incentives.
- Flexible work environment with remote or office work options.
- At least 20 days of paid time off and 16 paid company holidays per calendar year.
- Paid volunteer time and paid study time.
- 401(k) savings plan with company match up to 6%.
- Annual company nondiscretionary contribution of 3%.
- Financial counseling services.
- Medical, vision, and dental plans.
- Health savings accounts with potential company contributions up to $1,000 per family.
- Up to 16 weeks of paid leave for new parents.
- Back-up dependent care and dependent care flexible spending account.
- Up to a $25,000 lifetime maximum during adoption, infertility, or surrogacy journeys.
- Company-paid basic life insurance and short-term disability insurance.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
