Principal Accountant-Financial Reporting

Ameriprise Financial Services, LLC•Minneapolis, MN
•$87,400 - $120,200•Hybrid

About The Position

Ameriprise Financial is hiring a Principal Accountant responsible for preparing and completing statutory financial statements and disclosures for filing with state regulators and the NAIC. The role monitors changes in accounting and reporting guidance, as well as new transactions and events, and ensures that disclosures are accurate, high quality, and compliant with insurance statutory accounting principles. Employees work in the office at least four days per week, with flexibility to work from home one day per week. Some roles may have different or additional in-office expectations, which will be discussed during hiring. Applicants must have U.S. work authorization that will not require visa sponsorship now or in the future.

Requirements

  • Bachelor’s degree in accounting or a related field.
  • At least 5 years of experience, ideally with regulatory filings.
  • Ability to lead through change and handle detailed work in a fast-paced, deadline-driven environment.
  • Strong attention to detail and problem-solving ability.
  • Strategic and independent thinking, with the ability to adapt quickly to change.
  • Strong oral and written communication skills.

Nice To Haves

  • Accounting degree.
  • CPA license.
  • Life insurance company statutory reporting experience.
  • Ability to navigate NAIC statutory accounting and reporting guidance.
  • Proficiency with Workday General Ledger.
  • Demonstrated decision-making skills and ability to prioritize tasks, understand business impact, and develop best practices.
  • Strategic and independent thinking, with the ability to adapt quickly to change.

Responsibilities

  • Prepare life insurance company statutory annual and quarterly financial statements and other reports for filing with state insurance regulators and the NAIC.
  • Provide qualitative analysis related to regulatory and legal entity reporting.
  • Work with internal and external partners to understand, prioritize, and review specialized or complex analyses, reports, and accounting transactions, and implement necessary reporting changes.
  • Maintain effective internal controls over financial reporting.
  • Complete requests from and communicate with external auditors and examiners or regulators.
  • Work on ad hoc projects.
  • Assist with preparing and reviewing state and insurance company filings.

Benefits

  • Vacation time
  • Sick time
  • 401(k)
  • Health insurance
  • Dental insurance
  • Life insurance
  • Variable pay may be available in the form of bonuses, commissions, and/or long-term incentives, depending on the role.
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