Financial Reporting Consultant - Life & Annuity Product Accounting
About The Position
The Financial Reporting Consultant supports the growth of Securian’s Individual Life and Individual Annuity businesses through their leadership in financial reporting. As Individual Solutions expands its affiliate reinsurance strategy through Securian Re, this position will help shape and support the financial infrastructure needed to manage increasingly complex products, entities, and accounting frameworks. This role will is responsible for the reinsurance and product accounting across statutory, GAAP, and Bermuda economic accounting bases. This role will partner across finance, actuarial, and business teams to deliver accurate reporting, meaningful financial insights, and strong operational governance. The position offers a unique opportunity to build for our future growth and inform business management.
Requirements
- Accounting experience with exposure to statutory, management-based, tax and GAAP for financial reporting and budgeting.
- Bachelor’s degree (preferably in Accounting, Finance, or Math).
- Demonstrated analytical skills to review and analyze financial statements.
- Ability to communicate and work with a variety of stakeholders.
- Excellent attention to detail.
Nice To Haves
- Knowledge of insurance accounting concepts and products, including individual life and individual annuities.
- Reinsurance accounting experience.
- Analytical Thinking
- Cash Flow Management
- Collaboration
- Critical Thinking
- Data Analysis
- Detail-Oriented
- Financial Forecasting
- Problem Solving
- Statement Analysis
Responsibilities
- Determine accounting treatment for Individual Solutions products and reinsurance structures, including statutory, GAAP, and Bermuda accounting bases.
- Prepare journal entries, reconciliations, financial statements, and supporting schedules for monthly and quarterly reporting.
- Validate and test accounting system results; develop procedures and controls to ensure accurate financial reporting.
- Support reporting across multiple legal entities, including Minnesota Life, Securian Life, and Securian Re.
- Analyze financial results and key business drivers across products, entities, and accounting lenses.
- Support goals and plans activities for Individual Solutions and Securian Re.
- Provide insights to leadership on profitability, capital efficiency, and business performance.
- Support audits, regulatory reviews, and communications with auditors, examiners, and rating agencies.
- Maintain strong documentation, controls, and accounting governance practices.
- Identify and implement process improvements to enhance reporting efficiency and effectiveness.
- Participate in strategic projects and initiatives related to Securian Re, including future deals.
Benefits
- Paid time off
- Leave programs (parental leave, caregiver leave for family members, bereavement and military leave)
- Nine company paid holidays
- Company-funded pension plan
- 401(k) retirement plan with company contribution up to 10 percent of eligible earnings
- Medical, dental and vision coverage from the first day of employment
- Volunteer paid time off
- Dollar-for-dollar matching gift program
- Associate Resource Groups
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
