Reinsurance Sr. Financial Reporting Analyst

Symetra; United States; Hybrid; USD 77,000 - 130,000; Full time

Job summary

Symetra is seeking a Reinsurance Sr. Financial Reporting Analyst to focus on reinsurance accounting and reporting for life and annuity products. This role involves analyzing complex treaties, preparing detailed reports, and contributing to process improvements within a dynamic team environment. Candidates should have strong analytical and problem-solving skills and a collaborative nature to work with cross-functional teams. Competitive benefits and flexible work arrangements are offered.

Benefits

Flexible full-time or hybrid telecommuting arrangements

401(k) plan with matching

Paid time away including vacation and sick time

Company matching for community contributions

Qualifications

• 3+ years of experience in reinsurance accounting for life and annuity products.
• Solid understanding of accounting principles for life insurance and annuity products.
• Experience preparing and reviewing financial statements and footnote disclosures.

Responsibilities

• Research and document technical accounting matters related to reinsurance under GAAP.
• Analyze accounting treatments for complex transactions affecting financial statements.
• Prepare and review journal entries and general ledger reconciliations.

Skills

Technical knowledge

Analytical capabilities

Problem-solving skills

Communication

Organizational skills

Education

Bachelor’s degree in Accounting or Finance

CPA or CPA-eligible preferred

High School Diploma

Job description

Reinsurance Sr. Financial Reporting Analyst

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Reinsurance Sr. Financial Reporting Analyst

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Symetra has an exciting new opportunity to join us as a Reinsurance Senior Financial Reporting Analyst!

About The Role

Symetra’s Finance – Reinsurance Reporting team is looking to add a new Reinsurance Senior Financial Reporting Analyst. In this role, you will focus on reinsurance accounting and financial reporting with an emphasis on life and annuity products. You’ll be responsible for analyzing and reporting on complex reinsurance treaty structures, including coinsurance with funds withheld and modified coinsurance (Modco) arrangements.

This position plays a critical part in delivering accurate and timely financial reports and disclosures, supporting the execution of new reinsurance transactions, and contributing to process improvements within a dynamic and evolving reinsurance environment. The ideal candidate brings strong technical knowledge, analytical capabilities, and a collaborative approach to problem-solving.

What You Will Do

• Research and document technical accounting matters related to reinsurance under GAAP, U.S. Statutory, and Bermuda Statutory frameworks
• Analyze accounting treatments for new and complex transactions, including their impact on financial statements and operational processes
• Coordinate discussions with external auditors on reinsurance accounting topics
• Prepare and review journal entries, general ledger reconciliations, and reporting schedules as part of the reinsurance accounting close process
• Analyze variances and prepare management reports and other critical deliverables
• Demonstrate deep expertise in assigned responsibilities and maintain a strong understanding of related functional areas and departmental processes
• Support the implementation of new reinsurance treaties and related initiatives
• Identify and implement process improvements and operational efficiencies
• Collaborate with cross-functional teams including Actuarial, Tax, and Legal to evaluate and operationalize new reinsurance arrangements
  
  

What We Offer You

“If you want to invest in yourself and build a career, this is a great place to work. If you don't want to put in the effort to learn the industry and become a student of the business (it takes real effort!), there are easier places to work.” Cris H. AVP Internal Sales, Training and Development

“Symetra is inclusive of all employees regardless of their personal differences.” Darrell J. Actuary III

"At Symetra, we prioritize learning and provide various resources like the Student of the Business courses, sponsorship for professional certifications, and helpful colleagues who are always ready to teach and answer questions.” Financial Reporting Lead Senior Analyst

Benefits And Perks

We don’t take a “one-size-fits-all” approach when it comes to our employees. Our programs are designed to make your life better both at work and at home.

• Flexible full-time or hybrid telecommuting arrangements
• Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%
• Paid time away including vacation and sick time, flex days and ten paid holidays
• Give back to your community and double your impact through our company matching
  
  

Want more details? Check out our Symetra Benefits Overview

Compensation

Salary Range: $77,600 - $129,400 plus eligibility for the company annual bonus program.

Who You Are

• High School Diploma is required
• Bachelor’s degree in Accounting or Finance; CPA or CPA-eligible preferred
• 3+ years of experience in reinsurance accounting for life and annuity products, ideally with exposure to complex arrangements such as Modco and coinsurance with funds withheld
• Solid understanding of accounting principles for life insurance and annuity products
• Experience preparing and reviewing financial statements and footnote disclosures
• Strong analytical and problem-solving skills with the ability to communicate complex concepts clearly to various partners, including auditors and senior management
• Proven ability to work independently, manage multiple priorities, and meet deadlines in a dynamic environment
• Goal-oriented, highly organized, and committed to delivering high-quality work
• Flexible and dependable, with the ability to adjust to shifting priorities and support critical periods such as quarter-end and year-end close
• Known for a positive attitude, strong sense of ownership, and a touch of humor
• Strong planning, prioritizing, and organizational skills
• CPA, CMA, or other relevant professional designation is a plus
  
  

We empower inclusion.

At Symetra, we aspire to be the most inclusive insurance company in the country. We’re building a place where every employee feels valued, respected, and has opportunities to contribute. Inclusion is about recognizing our assumptions, considering multiple perspectives, and removing barriers.

We accept and celebrate diverse experiences, identities, and perspectives, because lifting each other up fuels thought and builds a stronger, more innovative company. We invite you to learn more about our efforts here.

Creating a world where more people have access to financial freedom.

Symetra is a national financial services company that helps people achieve their financial goals and have confidence in the future. We value transparency and sustainability, providing competitive products and clear communication. Our commitment to DEI means we support our communities and prioritize financial freedom for all.

For more information about our careers visit https://symetra.eightfold.ai/careers.

Work Authorization

This role does not offer employer work visa sponsorship or support. Applicants need to be authorized to work in the United States at hire and throughout their employment.

#REMOTE

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing and Finance

• Industries

  Insurance

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