Senior Finance Manager –Insurance Statutory Accounting

Energy Consulting group; Overland Park (KS); Remote; USD 124,000 - 180,000; Full time

Job summary

An established industry player is seeking a specialist in technical accounting to ensure compliance and operational excellence. This role involves guiding finance teams, leading projects, and influencing policy within the organization. The ideal candidate will possess a master's degree and strong knowledge of statutory requirements, with a background in the insurance industry. Enjoy a competitive salary and comprehensive benefits while working in a collaborative environment that fosters professional development. Join a forward-thinking company that values your expertise and offers opportunities for growth.

Benefits

Healthcare benefits

401(k) retirement plan

Tuition assistance

Paid parental leave

Disability insurance

Life insurance

Paid time-off

Qualifications

• Master's degree required; strong knowledge of statutory and insurance regulations.
• Prior experience in technical controllership and insurance industry.

Responsibilities

• Guide finance teams on statutory accounting and regulatory requirements.
• Lead projects with moderate complexity and present solutions to leaders.

Skills

Statutory Accounting

Financial Reporting

Regulatory Compliance

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, and life along with other insurance products.

Responsible for driving technical accounting compliance, financial and operational internal controls, process simplification, and operational excellence to deliver accurate financial reporting and analysis. Interprets internal and external business challenges and recommends best practices to improve products, processes, or services. Stays informed of industry trends that may influence work. This role is available remotely anywhere in the US or in our Overland Park, KS location.

Job Description

Roles and Responsibilities

• Provide guidance to the Finance teams and the organization on statutory accounting, filings, and regulatory requirements. Assist financial reporting teams to ensure all statutory filings are completed timely, efficiently, and in compliance with state regulatory requirements.
• Develop expertise within function and grow reputation within the organization. Provide professional or thought leadership and influence policy within own function, linking with other functions of the organization.
• Lead or support functional teams or projects with moderate resource requirements, risk, and/or complexity (e.g., NAIC’s Principles-Based Bond Definition and Group Capital Calculation). Present business solutions to leaders in the functional area.
• Communicate complex messages and negotiate mainly internally with others to adopt a different point of view. Influence peers to act and negotiate with external partners, vendors, or customers.
• Lead others to find creative solutions to complex problems that may impact the organization. Evaluate the quality of information received and question conflicting data for analysis. Use multiple internal and external resources to help arrive at a decision.

Required Qualifications

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

Desired Characteristics

• Ability to analyze relevant facts and formulate technical accounting positions, considering statutory & regulatory guidance, insurance industry practices, etc.
• Excellent communication skills, with the ability to collaborate effectively.
• Ability to quickly learn and adapt to company-specific processes.

The base pay range for this position is $124,500 to $180,000 USD annually. The specific pay offered may be influenced by a variety of factors, including the candidate’s experience, education, and skill set. This position is also eligible for an annual discretionary bonus based on a percentage of your base salary/commission based on the plan. This posting is expected to close on May 1, 2025.

Healthcare benefits include medical, dental, vision, and prescription drug coverage; access to a Health Coach; a 24/7 nurse-based resource; and access to the Employee Assistance Program, providing 24/7 confidential assessment, counseling, and referral services. Retirement benefits include the GE Retirement Savings Plan, a tax-advantaged 401(k) savings opportunity with company matching contributions and company retirement contributions, as well as access to Fidelity resources and planning consultants. Other benefits include tuition assistance, adoption assistance, paid parental leave, disability insurance, life insurance, and paid time-off for vacation or illness.

General Electric Company, Ropcor, Inc., their successors, and in some cases their affiliates, each sponsor certain employee benefit plans or programs. Each Sponsor reserves the right to terminate, amend, suspend, replace, or modify its benefit plans and programs at any time and for any reason, in its sole discretion. No individual has a vested right to any benefit under a Sponsor’s welfare benefit plan or program. This document does not create a contract of employment with any individual.

Additional Information

Compensation Grade: SPB2

GE Aerospace offers a great work environment, professional development, challenging careers, and competitive compensation. GE Aerospace is an Equal Opportunities Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

GE Aerospace will only employ those who are legally authorized to work in the United States for this opening.

Relocation Assistance Provided: No