Financial Reporting Manager

Progyny, Inc.; New York (NY); On-site; USD 115,000 - 130,000; Full time

Benefits offered by this job

Family friendly benefits

Health, dental, vision & life

Bonus program

401(k) match

Paid time off

Equity

Job summary

Progyny, Inc. in New York City, NY, seeks a Financial Reporting Manager to drive statutory financial reporting, NAIC filings, insurance-related accounting, and regulatory application support.

The role collaborates with Legal, Compliance and the accounting team to support the monthly close and ensure accurate, timely submissions. A CPA and five+ years in insurance accounting are preferred.

Qualifications

• Bachelor’s degree in Accounting; CPA certification preferred.
• Five+ years in insurance accounting, statutory reporting, or financial reporting.
• Experience filing NAIC statutory financial statements and state filings.
• Strong knowledge of statutory accounting principles and NAIC reporting.
• Experience managing reporting across multiple legal entities.
• Experience with regulatory applications and licensing documentation is a plus.

Responsibilities

• Build and scale statutory accounting and financial reporting for growing insurance ops.
• Own preparation and submission of NAIC statutory statements and schedules.
• Manage reporting across multiple entities; develop GAAP-to-statutory conversions.
• Lead monthly/quarterly close for insurance entities, including RBAC and variances.
• Coordinate regulatory applications, amendments, and licensing docs.
• Partner with Legal, Compliance, and business stakeholders on regulatory approvals.
• Monitor NAIC guidance and GAAP/statutory changes; assess impacts.
• Document accounting conclusions with clear memoranda and guidance.
• Support management reporting, board materials, and risk analyses.
• Design scalable processes and controls to improve accuracy and efficiency.
• Support statutory audits and state inquiries with documentation.

Skills

Statutory accounting

NAIC reporting

GAAP-to-statutory conversions

Insurance financial operations

Regulatory filings

Financial close processes

Education

Bachelor’s degree in Accounting

CPA preferred

Tools

Gain Compliance

Workiva

Job description

Thank you for considering Progyny!
The Financial Reporting Manager will drive statutory financial reporting, NAIC filings, insurance-related accounting, and regulatory application support for Progyny’s insurance operations. The role will report to the Director of Financial Reporting and frequently collaborate closely with the broader accounting team to support the monthly financial close.
The ideal candidate will bring strong hands-on experience in statutory accounting principles, NAIC reporting, GAAP-to-statutory conversions, and insurance-company financial operations.

What You’ll Do...

• Help build and scale the statutory accounting and financial reporting processes supporting Progyny’s growing insurance operations, including expansion into new markets, jurisdictions, and legal entities.
• Own the preparation, review, and timely submission of quarterly and annual NAIC statutory financial statements, including required schedules, exhibits, interrogatories, and supplemental filings.
• Manage statutory reporting requirements across multiple insurance legal entities and jurisdictions, serving as a key internal resource on statutory accounting and reporting requirements and ensuring accuracy, consistency, and timely submission. Develop and maintain GAAP-to-statutory accounting conversions, reconciliations, supporting schedules, and documentation to ensure well-supported financial reporting.
• Lead key aspects of the monthly and quarterly accounting close activities for insurance entities, including insurance-specific accounting and actuarially determined balances, journal entries, account reconciliations, financial analysis, and variance explanations.
• Coordinate the preparation and submission of insurance regulatory applications, amendments, licensing-related financial documentation, and other state insurance department filings.
• Partner with Legal, Compliance, and business stakeholders on regulatory approvals, corporate transactions, new product or market filings, and other insurance-related applications.
• Monitor developments in NAIC guidance, statutory accounting principles, GAAP, and insurance regulatory requirements, and assess impacts on reporting and accounting processes.
• Research and document technical accounting and regulatory conclusions through clear, well-supported accounting memoranda and implementation guidance.
• Support preparation of management reporting, board materials, risk-based capital analyses, and other financial or regulatory reporting as needed.
• Design and implement scalable processes, systems, controls, and documentation that strengthen reporting accuracy, improve efficiency, and support the continued growth of the insurance business.
• Support statutory audits, regulatory examinations, and state insurance department inquiries, including preparation of supporting documentation and coordination of responses.
  

About You...

• Bachelor’s degree in Accounting; CPA certification is preferred.
• Five or more years of progressive experience in insurance accounting, statutory reporting, financial reporting, or public accounting.
• Experience preparing and filing NAIC statutory financial statements and related state insurance regulatory filings.
• Strong knowledge of statutory accounting principles, NAIC reporting requirements, and GAAP-to-statutory reporting conversions.
• Experience managing reporting and filing requirements across multiple legal entities.
• Experience supporting insurance regulatory applications, state filings, licensing documentation, or similar regulatory approval processes.
• Experience with or working knowledge of risk-based capital and capital and surplus requirements is preferred.
• Familiarity with regulatory reporting tools such as Gain Compliance, Workiva, or similar platforms is a plus but not required.
• Familiarity with RBC reporting, and regulatory reporting tools such as Gain Compliance, Workiva, or similar platforms is a plus but not required.
• Experience working in a health insurance, managed care, benefits, healthcare, or other regulated insurance environment is strongly preferred.
• Strong analytical, organizational, and problem-solving skills, with exceptional attention to detail.
• Ability to independently manage multiple priorities and recurring filing deadlines.
• Clear written and verbal communication skills, including the ability to explain technical accounting and regulatory matters to non-specialists.
• Collaborative working style and ability to partner effectively across Accounting, Finance, Legal, Compliance, Actuarial, and operational teams.
  

Please note: This is not a digital nomad or remote international position; candidates must be based in the United States. Progyny is unable to provide visa sponsorship for this position. Candidates must be authorized to work in United States without the need for sponsorship, now or in the future.

About Progyny:

Progyny (Nasdaq: PGNY) is a global leader in women’s health and family building solutions, trusted by the nation’s leading employers, health plans and benefit purchasers. We envision a world where everyone can realize dreams of family and ideal health. Our outcomes prove that comprehensive, inclusive and intentionally designed solutions simultaneously benefit employers, patients and physicians.
Our benefits solution empowers patients with concierge support, coaching, education, and digital tools;provides access to a premier network of fertility and women's health specialists who use the latest science and technologies; drives optimal clinical outcomes; and reduces healthcare costs.
Our mission is toempower healthier, supported journeys through transformative fertility, family building and women’s health benefits.
Headquartered in New York City, Progyny has been recognized for its leadership and growth as a TIME100 Most Influential Company, CNBC Disruptor 50, Modern Healthcare's Best Places to Work in Healthcare, Forbes' Best Employers, Financial Times Fastest Growing Companies, Inc. 5000, Inc. Power Partners, and Crain's Fast 50 for NYC. For more information, visit www.progyny.com.

Our perks:

• Family friendly benefits: Paid family and parental leave, preconception, fertility and family building benefits (including egg freezing, IVF, and adoption support), family and pet care fund, and Parents’ Employee Affiliation Group
• Menopause and midlife care
• Health, dental, vision and life insurance options for employees and family
• Free in-person, virtual and text-based mental health and wellness support
• Paid time off, including vacation, sick leave, personal days and summer flex time
• Company equity
• Bonus program
• 401(k) plan with company match
• Access to on-demand legal and financial advice
• Learning and development programs to help you grow professionally and a mentorship program
• Company social eventsto include annual volunteer day and donation matching
• Flex days (3 days a week in the office) and onsite meals and snacks for employees reporting into our NY office
  

In compliance with New York City's Wage Transparency Law, the annual salary [wage] range for NYC-based applicants is: $115,000 - $130,000. There are a variety of factors that go into determining a salary range, including but not limited to external market benchmark data, geographic location, and years of experience sought/required. Progyny offers a total compensation package comprised of base salary, cash bonus, and equity.
Progyny is proud to be anEqual Opportunity and affirm. We respect and seek to empower each individual and support the diverse cultures, perspectives,skillsand experiences within our workforce. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability, age, genetic information, marital status, pregnancy or related condition, status as a protected veteran, criminal history consistent with legal requirements or any other basis protected by law.
If you are an individual with a disability and need assistance or an accommodation during the recruiting process, please send an e-mail to [e-mail].