Senior Finance Manager –Insurance Statutory Accounting

General Electric; Auburn (ME); Remote; USD 124,000 - 180,000; Full time

Job summary

An established industry player is seeking a specialist in technical insurance accounting to ensure compliance and operational excellence. This role involves driving financial reporting accuracy, simplifying processes, and providing leadership in statutory accounting. The ideal candidate will possess a Master's degree and strong knowledge of insurance regulatory requirements. This position offers the flexibility of remote work across the US, competitive compensation, and a supportive work environment focused on professional development and diversity.

Benefits

Healthcare

Retirement Plans

Tuition Assistance

Adoption Assistance

Paid Parental Leave

Disability Insurance

Life Insurance

Paid Time Off

Annual Discretionary Bonus

Qualifications

• Master's degree from an accredited university or college.
• Strong knowledge of statutory and insurance regulatory requirements.
• Experience in technical controllership and insurance industry.

Responsibilities

• Provide guidance on statutory accounting and regulatory requirements.
• Lead or support projects with moderate complexity.
• Communicate complex messages internally and negotiate with partners.

Skills

Statutory Accounting Knowledge

Insurance Regulatory Requirements

Technical Controllership

Communication Skills

Problem Solving

Education

Master's Degree

Job description

Job Description Summary

This role is for a specialist in technical, statutory insurance accounting at ERAC, Employers Reassurance Corporation, a corporate holding of GE Aerospace. We are a reinsurance company supporting long-term care insurance, structured settlements, life insurance, and other insurance products.

The candidate will be responsible for driving technical accounting compliance, financial and operational internal controls, process simplification, and operational excellence to ensure accurate financial reporting and analysis. They will interpret internal and external business challenges and recommend best practices to improve products, processes, or services. Staying informed of industry trends that may influence work is essential. This role is available remotely anywhere in the US or at our Overland Park, KS location.

Roles and Responsibilities

1. Guidance and Compliance: Provide guidance on statutory accounting, filings, and regulatory requirements. Assist with timely, efficient, and compliant statutory filings.
2. Expertise Development: Grow within the function, influence policy, and provide professional leadership, linking with other organizational functions.
3. Leadership and Support: Lead or support projects with moderate complexity, such as NAIC’s Principles-Based Bond Definition and Group Capital Calculation, and present solutions to leadership.
4. Communication and Negotiation: Communicate complex messages internally, influence peers, and negotiate with external partners, vendors, or customers.
5. Problem Solving: Lead creative solutions for complex problems, evaluate information quality, and utilize internal and external resources for decision-making.

Required Qualifications

• Master's degree from an accredited university or college
• Strong knowledge of statutory and insurance regulatory requirements
• Experience in technical controllership and insurance industry, especially with Life & Health products
• Experience preparing statutory financial statements and working with auditors

Desired Characteristics

• Ability to analyze facts and formulate technical accounting positions considering statutory, regulatory, and industry guidance
• Excellent communication skills and effective collaboration
• Quick learner with adaptability to company-specific processes

The salary range is $124,500 to $180,000 USD annually, influenced by experience, education, and skills. The position is eligible for an annual discretionary bonus and other benefits, including healthcare, retirement plans, tuition and adoption assistance, paid parental leave, disability, life insurance, and paid time off.

GE Aerospace offers a great work environment, professional development, and competitive compensation. We are an Equal Opportunity Employer, committed to diversity and inclusion. Employment is contingent upon legal authorization to work in the US and successful completion of a drug screen. No relocation assistance is provided. This is a remote position.