Senior Accountant

Corebridge FinancialWoodland Hills, CA
$94,000 - $147,000Hybrid

About The Position

The Sr. Accountant who has accountability and ownership over the Retail line of business results included within the ledger. This role will work with the LOB Controller to ensure ledger accuracy by line of business champion transformation efforts and drives process improvements in areas such as, but not limited to, accounting systems and workflows. This role will focus on the Group and Individual Retirement business. The Group Retirement products primarily include in-plan and out-of-plan products, including annuities and advisory and brokerage products. The Individual Retirement products include fixed annuities, fixed index annuities and registered index-linked annuities. This position reports to the LOB Controller for Group and Individual Retirement and works closely with the Business Unit CFO and CFA teams, Actuarial and the Core Controllers team.

Requirements

  • Bachelor’s degree and 3+ years of experience in Finance or Accounting role.
  • Must have experience in the financial services industry or Big 4 (or close to it) background.
  • Analytical and practical problem-solving skills with strong organizational skills and attention to detail.
  • Strong verbal and written communication skills with a customer-centric and front-line staff perspective.
  • Proven leadership skills and positive attitude with the ability to make consistent, sound and effective decisions with minimal direction.
  • Ability to collaborate and interact effectively with all levels of staff and management, on and off-site.
  • Ability to multitask with a variety of systems and processes.
  • Ability to lead / drive change across functional areas / departments.
  • Ability to adapt to organizational changes.
  • Readily accept new responsibilities and assignments.
  • Assist with integration of new business opportunities or changes in product structure as it relates to flow through the accounting ledger
  • Strong Microsoft Office skills, including Word, Excel, and PowerPoint.

Nice To Haves

  • Preference given for strong understanding of the Retail Annuity and Life insurance business line and products, including insurance and investment product accounting and reporting.
  • Demonstrated record of consistent strong performance.
  • Financial systems knowledge preferred including, but not limited to, SAP/BPC.

Responsibilities

  • Ownership of the Group Retirement and Individual Retirement Line of Business close process. This includes collaboration with Actuarial, Reinsurance, and Financial Reporting ensuring integrity of P/L, Reserve rollforwards, and other Key Balance Sheet items.
  • Assist LOB Controller in the creation, implementation, and communication of financial and operational information to key stakeholders – e.g. Source of Profits, mortality reports, claims trending, persistency and spreads.
  • Work with other Finance and Actuarial teams in defining, developing, and executing transformation initiatives and process improvement solutions.
  • Assist with the creation, implementation, and communication of financial and operational information to key stakeholders.
  • Assist with reviewing and developing accounting processes for new products and new product features.
  • Develop relationships with members of other departments to facilitate resolution of issues and staying informed of potential future issues.
  • Assist LOB Controller with the ownership of Corebridge Financial Supplement and related analysis for Group and Individual Retirement Line of Business.
  • Ownership of BPC ledger hierarchy and RLOB management.
  • Assist with ensuring ledger accuracy by line of business leading Core Controllers, Operations, and I/T teams to resolve outstanding issues.
  • Assist with ensuring that appropriate internal controls are developed and executed to ensure the accuracy of reported financial information.
  • Assist in managing special projects and ad hoc requests.

Benefits

  • Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
  • Retirement Savings: We offer retirement benefits options, which vary by location. In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
  • Employee Assistance Program: Confidential counseling services and resources are available to all employees.
  • Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
  • Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
  • Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.
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