This job is closed

We regret to inform you that the job you were interested in has been closed. Although this specific position is no longer available, we encourage you to continue exploring other opportunities on our job board.

Lincoln Financial Group - Kansas City, KS

posted 2 months ago

Full-time - Mid Level
Remote - Kansas City, KS
Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

The Senior Reinsurance Accountant at Lincoln Financial Group will provide leadership and direction in managing reinsurance accounting responsibilities. This role involves overseeing the preparation, recording, analysis, and reporting of complex reinsurance transactions, ensuring compliance with accounting policies and principles. The position requires strategic knowledge of reinsurance transactions, risk transfer evaluation, and collaboration with various business areas to address accounting issues and propose resolutions. The Senior Accountant will also support the financial close process and maintain the integrity of accounting records.

Responsibilities

  • Evaluate reinsurance transactions and their financial accounting implications.
  • Identify and recommend best practice opportunities to improve efficiencies in reinsurance processes.
  • Read and apply concepts from reinsurance treaty agreements to accounting and administrative approaches.
  • Research and apply accounting guidance to complex reinsurance transactions.
  • Understand and evaluate risk transfer for new transactions on both GAAP and Statutory bases.
  • Collaborate on proforma financial statements for new or amended reinsurance transactions.
  • Review and analyze proforma financial statements for accuracy and enterprise impact.
  • Explain financial statement impacts of reinsurance transactions to stakeholders.
  • Evaluate treaty administrative implications for ongoing support of reinsurance accounting.
  • Responsible for internal and external reporting on reinsurance transactions.
  • Support timely and accurate monthly and quarterly financial close processes.
  • Understand applicable systems and data for accounting and administration of transactions.
  • Develop control processes for internal operating and SOX controls.
  • Provide training and development opportunities for team members.
  • Establish and implement team priorities and performance goals.
  • Manage and evaluate team performance to meet standards.
  • Develop relationships with internal/external auditors and resolve identified issues.
  • Comply with all state and federal regulations and company policies.

Requirements

  • 5+ years of experience in reinsurance accounting directly related to the responsibilities of this position.
  • 3+ years of managerial or supervisory experience.
  • Bachelor's degree in a relevant field.
  • CPA certification is a plus.
  • Strong relationship management skills with internal clients.
  • Ability to influence outcomes collaboratively without direct authority.
  • Demonstrated ability to identify and recommend process improvements.
  • Strong project management skills with the ability to manage multiple projects under pressure.
  • Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).

Nice-to-haves

  • Experience in the Life Insurance industry.
  • Knowledge of GAAP and Statutory accounting principles.
  • Familiarity with reinsurance treaty agreements.

Benefits

  • Clearly defined career tracks and job levels.
  • Leadership development and virtual training opportunities.
  • PTO/parental leave.
  • Competitive 401K and employee benefits.
  • Free financial counseling, health coaching, and employee assistance program.
  • Tuition assistance program.
  • Remote work environment and flexible work hybrid situations.
  • Effective productivity/technology tools and training.
Job Description Matching

Match and compare your resume to any job description

Start Matching
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service