Financial Reporting Manager

Progyny • New York, NY

1d • Hybrid

About The Position

The Financial Reporting Manager will drive statutory financial reporting, NAIC filings, insurance-related accounting, and regulatory application support for Progyny’s insurance operations. The role reports to the Director of Financial Reporting and collaborates with the broader accounting team to support the monthly financial close. The position supports the growth of insurance operations across new markets, jurisdictions, and legal entities, while maintaining accurate, consistent, and timely reporting and regulatory submissions.

Requirements

• Bachelor’s degree in Accounting.
• Five or more years of progressive experience in insurance accounting, statutory reporting, financial reporting, or public accounting.
• Experience preparing and filing NAIC statutory financial statements and related state insurance regulatory filings.
• Strong knowledge of statutory accounting principles, NAIC reporting requirements, and GAAP-to-statutory reporting conversions.
• Experience managing reporting and filing requirements across multiple legal entities.
• Experience supporting insurance regulatory applications, state filings, licensing documentation, or similar regulatory approval processes.
• Strong analytical, organizational, and problem-solving skills, with exceptional attention to detail.
• Ability to independently manage multiple priorities and recurring filing deadlines.
• Clear written and verbal communication skills, including the ability to explain technical accounting and regulatory matters to non-specialists.
• Collaborative working style and ability to partner effectively across Accounting, Finance, Legal, Compliance, Actuarial, and operational teams.
• Must be based in the United States and authorized to work in the United States without current or future visa sponsorship.

Nice To Haves

• CPA certification.
• Experience or working knowledge of risk-based capital and capital and surplus requirements.
• Familiarity with regulatory reporting tools such as Gain Compliance, Workiva, or similar platforms.
• Familiarity with RBC reporting.
• Experience in a health insurance, managed care, benefits, healthcare, or other regulated insurance environment.

Responsibilities

• Build and scale statutory accounting and financial reporting processes for Progyny’s growing insurance operations, including expansion into new markets, jurisdictions, and legal entities.
• Prepare, review, and submit quarterly and annual NAIC statutory financial statements, including required schedules, exhibits, interrogatories, and supplemental filings.
• Manage statutory reporting requirements across multiple insurance legal entities and jurisdictions and serve as an internal resource on statutory accounting and reporting requirements.
• Develop and maintain GAAP-to-statutory accounting conversions, reconciliations, supporting schedules, and documentation.
• Lead insurance-entity monthly and quarterly close activities, including insurance-specific accounting, actuarially determined balances, journal entries, account reconciliations, financial analysis, and variance explanations.
• Coordinate preparation and submission of insurance regulatory applications, amendments, licensing-related financial documentation, and state insurance department filings.
• Partner with Legal, Compliance, and business stakeholders on regulatory approvals, corporate transactions, new product or market filings, and other insurance-related applications.
• Monitor developments in NAIC guidance, statutory accounting principles, GAAP, and insurance regulatory requirements, and assess their impact on reporting and accounting processes.
• Research and document technical accounting and regulatory conclusions in accounting memoranda and implementation guidance.
• Support management reporting, board materials, risk-based capital analyses, and other financial or regulatory reporting.
• Design and implement scalable processes, systems, controls, and documentation to improve reporting accuracy and efficiency and support business growth.
• Support statutory audits, regulatory examinations, and state insurance department inquiries, including preparing supporting documentation and coordinating responses.

Benefits

• Paid family and parental leave.
• Preconception, fertility, and family-building benefits, including egg freezing, IVF, and adoption support.
• Family and pet care fund.
• Menopause and midlife care.
• Health, dental, vision, and life insurance options for employees and family.
• Free in-person, virtual, and text-based mental health and wellness support.
• Paid time off, including vacation, sick leave, personal days, and summer flex time.
• Company equity.
• Bonus program.
• 401(k) plan with company match.
• Access to on-demand legal and financial advice.
• Learning and development programs and a mentorship program.
• Company social events, including an annual volunteer day and donation matching.
• Flex days (three days a week in the office) and onsite meals and snacks for employees reporting into the New York office.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager