Senior Finance Manager –Insurance Statutory Accounting

General Electric; Trenton (NJ); Remote; USD 124,000 - 180,000; Full time

Job summary

An established industry player seeks a specialist in technical insurance accounting to drive compliance and operational excellence. This remote role involves guiding finance teams, leading projects, and solving complex problems while staying informed of industry trends. The ideal candidate will have a Master's degree and strong knowledge of statutory requirements, particularly in Life & Health insurance. Join a forward-thinking company that values collaboration and offers comprehensive benefits, including health coverage and paid parental leave.

Benefits

Health Coverage

Retirement Plans

Tuition Assistance

Adoption Assistance

Paid Parental Leave

Disability Insurance

Life Insurance

Paid Time Off

Qualifications

• Master's degree from an accredited university.
• Strong knowledge of statutory and insurance regulatory requirements.

Responsibilities

• Provide guidance on statutory accounting and regulatory requirements.
• Lead projects related to accounting principles and present solutions.

Skills

Statutory Accounting

Insurance Regulatory Requirements

Technical Controllership

Financial Reporting

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 responsibilities include driving technical accounting compliance, ensuring 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 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 to finance teams and the organization on statutory accounting, filings, and regulatory requirements. Assist with timely and compliant statutory filings.
2. Expertise Development: Grow expertise within the function, influence policy, and deliver within own function while collaborating with others.
3. Leadership in Projects: Lead or support projects with moderate complexity, such as NAIC’s Principles-Based Bond Definition and Group Capital Calculation, and present solutions to leadership.
4. Communication and Negotiation: Communicate complex messages internally, influence peers, and negotiate with external partners.
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 insurance industry, particularly Life & Health insurance products
• Experience in 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 and adaptable to company-specific processes

The position offers a base pay range of $124,500 to $180,000 annually, with potential bonuses and comprehensive benefits, including health coverage, retirement plans, tuition and adoption assistance, paid parental leave, disability, life insurance, and paid time off.

GE Aerospace is committed to equal opportunity employment and will only employ individuals authorized to work in the US, contingent on passing a drug screen. No relocation assistance is provided. This is a remote position.