Accounting Consultant - Statutory Reporting (Charlotte, NC (Hybrid) or Remote)

Brighthouse Financial•Charlotte, NC

2d•$95,000 - $110,000•Hybrid

About The Position

As an Accounting Consultant, Reinsurance, you will support Brighthouse Financial’s reinsurance subsidiaries accounting and reporting functions. You will coordinate with the team to complete the monthly close, analysis, eliminations, financial statement preparation and review, and unit projects that maintain and improve business continuity. The role works with applicable regulatory agency requirements and guidelines to maintain records and prepare required financial reports. The position focuses on statutory accounting and reporting for a Captive Insurance Company, including quarterly and annual NAIC Statutory Financial Statements (Blue Book), monthly and year-end regulatory reporting, and annual audited statutory financial statements. It also involves close analysis, accounting research, coordination with internal and external stakeholders, and assigned process improvements and projects. The position may be performed remotely or in the office under the company’s flexible hybrid work model. Travel is not required, although the company and department may occasionally gather in person during the year.

Requirements

Bachelor of Science or Bachelor of Arts in accounting or finance.
At least 5 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 both 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

Prepare the end-to-end quarterly and annual NAIC Statutory Financial Statements (Blue Book) filing for a Captive Insurance Company.
Prepare monthly, quarterly, and year-end regulatory reporting, financial statements, disclosures, and related information for statutory requirements for a Captive Insurance Company.
Prepare annual Statutory Audited Financial Statements and Management Discussion and Analysis for a Captive Insurance Company.
Research variances and review quarterly analytics to complete the quarterly close.
May review monthly journal entries, reconciliations, and monthly financial reporting for close.
Review statutory accounting literature to interpret appropriate accounting treatment, including for Captive Insurance Companies.
Coordinate with internal and external auditors, lines of business, administrative areas, Treasury, Technical Accounting, and actuaries on assigned financial reporting responsibilities.
Assist with implementing accounting changes to comply with 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 competitive performance-based incentives determined by company and individual results.
Flexible work environment with the option to work remotely or in the office.
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% and annual company nondiscretionary contribution of 3%.
Financial counseling services.
Medical, vision, and dental plans.
Tax-free 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 a 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.