Lead Analyst Investment Reporting

Empower

4d • $100,900 - $142,525 • Hybrid

About The Position

Responsible for overseeing and reviewing U.S. Statutory (NAIC – National Association of Insurance Commissioners) and U.S. GAAP, Canadian GAAP, regulatory, tax and/or Board financial reporting for investment portfolios of the Insurance Company, subsidiaries and affiliates. Requires a thorough understanding of accounting pronouncements and appropriate application to the investment portfolio. Responsible for various related compliance testing and reporting.

Requirements

• Bachelor’s degree in accounting
• 5-7 years of financial reporting experience required.
• Advanced MS Office Skills (Excel, Access and PowerPoint)
• Understanding of various reporting systems (Blackline, EASY, SAP, PAM, Phoenix, Unit Value Cloud)

Nice To Haves

• Public accounting or investment related financial reporting experience
• Strong knowledge of U.S. Statutory (NAIC) and/or GAAP accounting principles

Responsibilities

• Responsible for the preparation and review of the quarterly/annual statutory NAIC state financial reporting, supplements, annual audited financial statements and surveys.
• Coordinate investment presentation in the financial statements on a quarterly basis.
• Ensure consistency in the financial statements, board reports and information provided to analysts.
• Research and propose new disclosures and modifications to reports in response to new pronouncements and guidelines.
• Determine appropriate disclosures related to new investment types.
• Interpret new pronouncements and guidelines issued by authoritative associations in relation to U.S. Statutory, U.S. GAAP, or various regulations.
• Recommend appropriate changes to accounting systems and presentation of information
• Responsible for coordinating audits for Investments and explaining Company’s position.
• Responsible for monitoring the reporting database and making adjustments where necessary
• Assist with new process and project implementation.
• For Insurance Company, subsidiaries and affiliates, ensuring a proper audit trail of financial statements numbers.
• Analyze and interpret financial results.
• Prepare audit documents upon request.
• Explain reports and position to auditors as necessary.
• Respond to ad-hoc reporting requests requiring interpretation of requests, professional formatting and explanation of results.
• Reconcile and research ledger balances for accuracy between multiple systems.
• Other duties as assigned

Benefits

• Medical, dental, vision and life insurance
• Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
• Tuition reimbursement up to $5,250/year
• Business-casual environment that includes the option to wear jeans
• Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
• Paid volunteer time — 16 hours per calendar year
• Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
• Business Resource Groups (BRGs) – BRGs facilitate inclusion and collaboration across our business internally and throughout the communities where we live, work and play. BRGs are open to all.

What This Job Offers

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