Senior Accountant, Financial Reporting

Resolution Life•New York, NY

47d•Hybrid

About The Position

The Senior Accountant, Financial Reporting, will support the AVP, Financial Reporting in maintaining complete and accurate reinsurance accounting records. This includes assisting with the ongoing monitoring of reinsurance requirements, the preparation of high-quality reports to support management’s decision-making, and ensuring adherence to relevant accounting and regulatory standards. The role will also contribute to the preparation of the Company’s financial statements and regulatory filings. In addition, the Senior Accountant will support the design and execution of robust accounting controls, analyze and prepare management information, contribute to board materials, and research technical accounting matters as they arise. This role requires strong analytical and technical skills, attention to detail, and the ability to collaborate effectively in a fast-paced, cross-functional environment.

Requirements

A University Degree in Accounting or Finance is required
CA/ACCA qualification is required
Minimum 5 years of progressive experience, including at least 3 years post-qualification (PQE), in public accounting and/or financial reporting roles with a strong understanding of US GAAP
Experience preparing and analyzing financial statements under multi-GAAP bases
Experience in a multi-currency environment with specific focus on investment accounting and reporting matters
Knowledge and experience with Bermuda regulatory requirements related to investment accounting and reporting
Knowledge of the requirements under the Bermuda Corporate Income Tax regime and experience with new accounting standards, such as LDTI
Excellent communication skills: able to communicate at all levels in a clear, focused and understandable manner. Influences others effectively and respectfully and builds consensus and partnering
Excellent presentation skills, both verbal and written, in order to interact knowledgably and with impact both internally and externally
Excellent analytical skills: keen ability to think and act strategically; planning for the long term while balancing the short and long-range needs of the organization
Keen ability to think and act strategically; planning for the long term while balancing the short and long-range needs of the organization

Nice To Haves

Prior experience in the life insurance or reinsurance industry is preferred
Prior experience with Clearwater, Oracle and Workiva is preferred

Responsibilities

Maintaining complete and accurate accounting records, including investment information in Clearwater
Preparing complete and accurate US GAAP financial statements for ResRe on a quarterly and annual basis
Preparing statutory financial statements and assisting with the submission of regulatory filings within the specified deadlines to ensure the Company complies with the requirements of the regulator
Assist with the preparation of quarterly and annual consolidated financial statements for the Group
Assist with the preparation of quarterly and annual investment accounting and reinsurance workbooks to support the consolidated financial statements
Preparing management accounts and management information
Performing analytical reviews of the Company’s results each quarter and assisting with the preparation of reports to the Board
Preparing journal entries and reconciliations to support the financial statements
Perform technical research into new accounting standards and regulations, including tax-related matters, and developing position papers with a recommended course of action.
Determine the appropriate accounting treatment for the reinsurance of life insurance products under US GAAP
Assist with the preparation of financial statement disclosure notes for US GAAP financial statements for ResRe on a quarterly and annual basis
Designing and executing internal controls to ensure the accuracy, completeness and reliability over the investment information used in the decision-making process
Coordinating third party service providers, including the monitoring of KPI’s and suggesting corrective action where necessary
Coordinating and responding to the requests from internal and external auditors
Support to Actuarial, Treasury and FP&A
Other ad hoc requirements