Senior Insurance Accountant

Securian Financial; Saint Paul (MN); Hybrid; USD 74,000 - 137,000; Full time

Benefits offered by this job

PTO program

Nine company holidays

401(k) plan with company match

Health insurance

Volunteer time off

Employee Resource Groups

Job summary

Securian Financial is seeking a Senior Accountant for the Institutional Retirement Solutions finance team in Saint Paul, MN. The role supports quarterly financial reporting, journal entries, and ERP testing for new products and reinsurance transactions.

The ideal candidate has GAAP and insurance accounting knowledge, a Bachelor’s degree (or equivalent), and strong analytical and communication skills. Hybrid work options available for local candidates; virtual option may apply for non-local

Qualifications

• GAAP, statutory, management-based and tax accounting knowledge.
• Bachelor’s degree in Accounting, Finance, Math, or related field.
• Strong initiative to manage projects independently.
• Excellent written and verbal communication for business partners.
• Analytical skills to review financial statements and reports.

Responsibilities

• Manage quarterly financial statements and reporting processes.
• Prepare or review journal entries and monthly reconciliations.
• Lead development of accounting samples and ERP testing for new offerings or reinsurance transactions.
• Analyze key trends and variances driving financial results.
• Document procedures and ensure accounting accuracy.
• Support auditors and regulatory communications.
• Participate in projects related to financial reporting or financial contracts.
• Identify opportunities for and lead process-improvement initiatives.

Skills

GAAP knowledge

Insurance accounting concepts

Analytical skills

Communication skills

Attention to detail

Multi-tasking

Education

Bachelor’s degree in Accounting/Finance/Math

CPA designation

Tools

SAP general ledger

Job description

Overview

Join our dynamic Institutional Retirement Solutions (IRS) finance team as a Senior Accountant. It’s an exciting time for IRS as we work to broaden our product offerings and implement capabilities new to Securian and in some cases, new to the industry.

*We are open to considering both local and remote talent for this opportunity. If you live within a commutable distance of our St. Paul Home Office, this position follows a hybrid work schedule. If you live outside of a commutable distance, you may be eligible to work as a virtual employee.

Responsibilities

• Manages the quarterly financial statements and reporting processes and ensures timely and accurate processing


• Prepares or reviews journal entries and ensures the accuracy of accounting transactions processed, including managing monthly reconciliation processes


• Lead development of accounting samples and completes admin and ERP system testing to support new product offerings or reinsurance transactions


• Performs analysis to understand key trends and variances driving financial results


• Develops and documents procedures and ensures accuracy of accounting


• Supports the preparation and communication of financial information for auditors, insurance examiners, rating agencies, insurance agencies, and IRS leadership


• Participates in projects related to financial reporting or financial contracts


• Identifies opportunities for and leads implementation of process improvements

Qualifications

• Accounting experience with exposure to GAAP, statutory, management-based, and tax for financial reporting and budgeting


• Bachelor’s degree, preferably in Accounting, Finance, Math, or a related field, or equivalent relevant experience


• Knowledge of insurance accounting concepts and products


• Demonstrated initiative to serve as a resource for team members and independently manage projects


• Written and verbal communication skills to provide superior customer service to a variety of business partners


• Demonstrated analytical skills to review and analyze financial statements and reports


• Understanding the structure of the data within financial and administration systems


• Excellent attention to detail


• Ability to effectively multi-task and meet prescribed deadlines on a continuous basis

Preferred Qualifications

• CPA designation


• Reinsurance accounting experience


• SAP general ledger experience

Preferred Skills

Analytical Thinking, Business Acumen, Collaboration, Communication, Creative Thinking, Detail-Oriented, Prioritization, Problem Solving

*At Securian Financial Group the internal title for this position is Financial Reporting Consultant.

Be you. With us.

At Securian Financial, we understand that attracting top talent means offering more than just a job – it means providing a rewarding and fulfilling career. As a valued member of our high-performing team, we want you to connect with your work, your relationships and your community. Enjoy our comprehensive range of benefits designed to enhance your professional growth, well-being and work-life balance, including the advantages listed here:

Paid time off

• We want you to take time off for what matters most to you. Our PTO program provides flexibility for associates to take meaningful time away from work to relax, recharge and spend time doing what’s important to them. And Securian Financial rewards associates for their service by providing additional PTO the longer you stay at Securian.


• Leave programs: Securian’s flexible leave programs allow time off from work for parental leave, caregiver leave for family members, bereavement and military leave.


• Holidays: Securian provides nine company paid holidays.

Company-funded pension plan and a 401(k) retirement plan

Share in the success of our company. Securian’s 401(k) company contribution is tied to our performance up to 10 percent of eligible earnings, with a target of 5 percent. The amount is based on company results compared to goals related to earnings, sales and service.

Health insurance

From the first day of employment, associates and their eligible family members – including spouses, domestic partners and children – are eligible for medical, dental and vision coverage.

Volunteer time

We know the importance of community. Through company-sponsored events, volunteer paid time off, a dollar-for-dollar matching gift program and more, we encourage you to support organizations important to you.

Associate Resource Groups

• Environmental Health & Sustainability


• Mental Wellness and Disability


• Pride at Securian Financial


• Securian Young Professionals Network


• Securian Multicultural Network


• Securian Women and Allies Network


• Servicemember Associate Resource Group

For more information regarding Securian’s benefits, please review our Benefits page.

This information is not intended to explain all the provisions of coverage available under these plans. In all cases, the plan document dictates coverage and provisions.

Securian Financial Group, Inc. does not discriminate based on race, color, religion, national origin, sex, gender, gender identity, sexual orientation, age, marital or familial status, pregnancy, disability, genetic information, political affiliation, veteran status, status in regard to public assistance or any other protected status. If you are a job seeker with a disability and require an accommodation to apply for one of our jobs, please contact us by email at [e-mail], by telephone [phone] (voice), or 711 (Relay/TTY).

Securian Financial is a drug-free workplace.

The estimated base pay range for this job is

$73,700.00 - $136,800.00

Pay may vary depending on job-related factors and individual experience, skills, knowledge, etc. More information on base pay and incentive pay (if applicable) can be discussed with a member of the Securian Financial Talent Acquisition team.