Senior Finance Manager –Insurance Statutory Accounting

General Electric; Imperial (PA); Remote; USD 124,000 - 180,000; Full time

Job summary

An innovative firm is seeking a specialist in technical insurance accounting to drive compliance and operational excellence. This role involves interpreting business challenges, ensuring accurate financial reporting, and collaborating across functions. Ideal candidates will have a Master's degree and strong knowledge of statutory requirements in the insurance industry. Join a forward-thinking company that values diversity and inclusion, offering a competitive salary and comprehensive benefits. This remote position allows you to contribute to meaningful projects while enjoying flexibility in your work environment.

Benefits

Health Coverage

Retirement Plans

Tuition Assistance

Qualifications

• Strong knowledge of statutory and insurance regulatory requirements.
• Experience in preparing statutory financial statements and working with auditors.

Responsibilities

• Provide guidance on statutory accounting and regulatory requirements.
• Lead or support projects with moderate complexity and present solutions.

Skills

Statutory Accounting

Insurance Regulatory Requirements

Financial Reporting

Problem Solving

Communication Skills

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 responsibilities include driving technical accounting compliance, financial and operational controls, process simplification, and operational excellence to ensure accurate financial reporting and analysis. The role involves interpreting business challenges and recommending best practices, staying informed of industry trends. This position 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. Support financial reporting teams to ensure timely and compliant statutory filings.
2. Expertise Development: Grow within the function, providing professional leadership, influencing policy, and collaborating across functions.
3. Leadership and Support: Lead or support projects with moderate complexity, such as NAIC’s Principles-Based Bond Definition and Group Capital Calculation. Present solutions to leadership.
4. Communication and Negotiation: Communicate complex messages internally, influence peers, and negotiate with external partners or vendors.
5. Problem Solving: Lead creative solutions for complex problems, evaluate information quality, and utilize 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 the insurance industry, particularly Life & Health products
• Experience in preparing statutory financial statements and working with auditors

Desired Characteristics

• Ability to analyze facts and develop technical accounting positions considering regulations and industry practices
• Excellent communication and collaboration skills
• Quick learner and adaptable to company-specific processes

The salary range is $124,500 to $180,000 annually, with potential bonuses and benefits including health coverage, retirement plans, tuition assistance, and more. GE Aerospace is an Equal Opportunity Employer, committed to diversity and inclusion. Employment is contingent upon legal authorization and successful drug screening. This is a remote position, with no relocation assistance provided.