Senior Finance Manager –Insurance Statutory Accounting

General Electric; Cheyenne (WY); 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 remote role involves guiding finance teams, leading projects, and communicating complex regulatory requirements. You'll be part of a forward-thinking company that values professional development and offers competitive compensation. Join a team that influences policy and drives improvements in financial reporting and analysis, while staying informed of industry trends. This is a unique opportunity to make a significant impact in the insurance sector.

Benefits

Health Coverage

Retirement Plans

Tuition Assistance

Annual Discretionary Bonus

Qualifications

• Master's degree required with strong knowledge of statutory and insurance regulations.
• Experience in technical controllership and preparing statutory financial statements.

Responsibilities

• Ensure compliance with statutory accounting and assist with regulatory filings.
• Provide guidance to finance teams and lead projects with moderate complexity.

Skills

Statutory Accounting

Insurance Regulatory Requirements

Financial Reporting

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 ensuring technical accounting compliance, managing financial and operational internal controls, process simplification, and operational excellence to deliver 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 in our Overland Park, KS location.

Roles and Responsibilities

• Provide guidance to Finance teams on statutory accounting, filings, and regulatory requirements. Assist with timely and compliant statutory filings.
• Develop expertise within the function, grow reputation, and influence policy, providing professional or thought leadership.
• Lead or support projects with moderate complexity, such as NAIC’s Principles-Based Bond Definition and Group Capital Calculation, presenting solutions to leadership.
• Communicate complex messages internally, influence peers, and negotiate with external partners or vendors.
• Lead creative problem-solving efforts, 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 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 and collaboration skills
• Quick learner with adaptability to company-specific processes

The salary range is $124,500 to $180,000 annually, influenced by experience, education, and skills. The position is eligible for an annual discretionary bonus and various benefits, including health coverage, retirement plans, tuition assistance, and more. The posting closes on May 1, 2025.

Additional Information

GE Aerospace offers a great work environment, professional development, and competitive compensation. We are an Equal Opportunity Employer and will only employ those authorized to work in the US. Employment is contingent upon successful drug screening. No relocation assistance is provided. This is a remote position.