Senior Finance Manager –Insurance Statutory Accounting

General Electric; Salem (OR); Remote; USD 124,000 - 180,000; Full time

Job summary

An established industry player is seeking a specialist in technical accounting for a remote role. This position focuses on ensuring compliance with statutory accounting and regulatory requirements within the insurance sector. The ideal candidate will lead projects, influence policy, and deliver accurate financial reporting. With a competitive salary range and an array of benefits, this role offers an excellent opportunity for professionals looking to make a significant impact in a dynamic environment. Join a team committed to operational excellence and continuous improvement.

Benefits

Healthcare

Retirement Plans

Tuition Assistance

Parental Leave

Qualifications

• Strong knowledge of statutory and insurance regulatory requirements.
• Experience in technical controllership within the insurance industry.

Responsibilities

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

Skills

Statutory Accounting

Financial Reporting

Regulatory Compliance

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 ensuring technical accounting compliance, maintaining financial and operational internal controls, process simplification, and operational excellence to deliver accurate financial reporting and analysis. The role involves interpreting internal and external business challenges and recommending best practices for improvement. The position is available remotely anywhere in the US or at our Overland Park, KS location.

Roles and Responsibilities

• Provide guidance on statutory accounting, filings, and regulatory requirements; assist with timely statutory filings ensuring compliance.
• Develop expertise and reputation within the organization, influence policy, and ensure delivery within the function.
• 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.
• Lead creative problem-solving initiatives, 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 within the insurance industry, particularly 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 and collaboration skills.
• Ability to quickly learn and adapt to company-specific processes.

The compensation range for this position is $124,500 to $180,000 annually, influenced by experience, education, and skills. The role is eligible for an annual discretionary bonus and other benefits including healthcare, retirement plans, tuition assistance, parental leave, and more. GE Aerospace is an equal opportunity employer committed to diversity and inclusion. Employment is contingent upon legal authorization and successful completion of a drug screen. This is a remote position with no relocation assistance provided.