Senior Finance Manager –Insurance Statutory Accounting

General Electric; Nashville (TN); Remote; USD 124,000 - 180,000; Full time

Job summary

An established industry player is seeking a specialist in technical insurance accounting. This exciting remote role involves ensuring compliance with statutory accounting, driving operational excellence, and providing leadership in complex projects. The ideal candidate will possess a Master's degree and strong knowledge of insurance regulatory requirements. With a focus on problem-solving and effective communication, you'll contribute to improving processes and influencing policy. Join a dynamic team that values professional development and offers competitive compensation, while making a significant impact in the insurance sector.

Benefits

Healthcare

Retirement Plans

Tuition Assistance

Parental Leave

Professional Development

Qualifications

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

Responsibilities

• Provide guidance on statutory accounting and regulatory requirements.
• Lead projects and communicate complex messages to influence peers.

Skills

Statutory Accounting Knowledge

Financial Reporting

Regulatory Compliance

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 Reinsurance 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. The role involves interpreting internal and external business challenges and recommending best practices to improve products, processes, or services. Staying informed of industry trends that may influence work is also essential. 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. Assist financial reporting teams to ensure timely and compliant statutory filings.
2. Expertise Development: Grow expertise within the function and influence policy, providing professional or thought leadership and linking with other organizational functions.
3. Leadership in Projects: Lead or support projects with moderate complexity, such as NAIC’s Principles-Based Bond Definition and Group Capital Calculation, presenting 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 affecting the organization, evaluate information quality, and use 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, 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 regulatory guidance and industry practices
• Excellent communication skills and effective collaboration
• Quick learner with the ability to adapt to company-specific processes

The base pay range is $124,500 to $180,000 annually, influenced by experience, education, and skills. The role includes eligibility for an annual discretionary bonus or commission, and comprehensive benefits including healthcare, retirement plans, tuition assistance, parental leave, and more.

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 U.S. and successful completion of a drug screen. This is a remote position with no relocation assistance provided.