Senior Insurance Accountant

Securian Financial • Saint Paul, MN

4d • Hybrid

About The Position

Join Securian Financial’s Institutional Retirement Solutions (IRS) finance team as a Senior Accountant, supporting products including Pension Risk Transfer, Guaranteed Investment Contracts, and Evergreen Group Annuities. The role manages IRS financial reporting, including preparing or reviewing accounting entries for GAAP and statutory financial statements and managing control processes. It also works with Accounting Policy on accounting for new products and reinsurance transactions, supports internal and external audits, and prepares schedules and exhibits for reporting needs such as rating agency presentations, blue book financial schedules, and senior-management reporting.

The position is open to local and remote candidates. Associates within a 90-minute commute of the St. Paul Home Office work from the office at least three days per week under the hybrid model; those outside a commutable distance may be eligible to work virtually. The internal title is Financial Reporting Consultant.

Requirements

• Accounting experience with exposure to GAAP, statutory, management-based, and tax reporting and budgeting.
• Bachelor’s degree, preferably in Accounting, Finance, Math, or a related field, or equivalent relevant experience.
• Knowledge of insurance accounting concepts and products.
• Initiative to serve as a resource for team members and independently manage projects.
• Written and verbal communication skills to provide customer service to a variety of business partners.
• Analytical skills to review and analyze financial statements and reports.
• Understanding of data structures within financial and administration systems.
• Excellent attention to detail.
• Ability to effectively multitask and meet prescribed deadlines continuously.

Nice To Haves

• CPA designation.
• Reinsurance accounting experience.
• SAP general ledger experience.

Responsibilities

• Manage quarterly financial statements and reporting processes, ensuring timely and accurate processing.
• Prepare or review journal entries, ensure the accuracy of accounting transactions, and manage monthly reconciliation processes.
• Lead development of accounting samples and complete administrative and ERP system testing to support new product offerings or reinsurance transactions.
• Analyze key trends and variances driving financial results.
• Develop and document procedures and ensure accounting accuracy.
• Support preparation and communication of financial information for auditors, insurance examiners, rating agencies, insurance agencies, and IRS leadership.
• Participate in projects related to financial reporting or financial contracts.
• Identify opportunities for process improvement and lead implementation.

Benefits

• Flexible paid time off, with additional PTO based on length of service.
• Flexible leave programs, including parental, caregiver, bereavement, and military leave.
• Nine company-paid holidays.
• Company-funded pension plan.
• 401(k) retirement plan with a company contribution tied to company performance, up to 10% of eligible earnings, with a 5% target.
• Medical, dental, and vision coverage for associates and eligible family members from the first day of employment.
• Paid volunteer time, company-sponsored volunteer events, and a dollar-for-dollar matching gift program.
• Associate Resource Groups supporting connection and development.

What This Job Offers

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