Senior Life & Annuity Product Accountant

hq; United States; Hybrid; USD 92,000 - 170,000; Full time

Job summary

Securian Financial seeks a Senior Consultant to address complex accounting challenges across life, annuity, and reinsurance structures. You’ll shape reporting, governance, and controls while collaborating with finance, actuarial, risk, audit, and technology teams.

This role involves statutory, GAAP, and Bermuda accounting frameworks, with opportunities to drive process improvements and strategic initiatives across entities and products. Hybrid work options available in the U.S.

Qualifications

• Bachelor's degree in Accounting, Finance, Business, Mathematics, or related field.
• 7+ years experience in reinsurance and/or product, insurance, financial reporting accounting.
• Strong knowledge of statutory and GAAP accounting and reporting requirements.
• Demonstrated ability to resolve complex accounting issues independently.

Responsibilities

• Serve as the primary accounting expert for assigned life, annuity, and affiliated reinsurance products and transactions.
• Lead interpretation and application of statutory, GAAP, and Bermuda accounting requirements.
• Manage preparation, review, and delivery of financial reporting across multiple entities and bases.
• Establish and implement accounting policies and reporting practices for new products and transactions.
• Provide technical direction to accountants, actuaries, and other contributors.
• Independently analyze and interpret financial results for senior leadership.
• Translate complex financial information into actionable insights and recommendations.

Skills

Reinsurance accounting

GAAP & statutory

Financial analysis

Stakeholder management

Education

Bachelor's in Accounting/Finance

Tools

SAP

Job description

Overview

Bring your accounting expertise to a role that directly supports the growth of Securian's Individual Life and Individual Annuity businesses. As a Senior Consultant, you'll solve complex accounting challenges, establish accounting solutions, and help shape reporting and governance capabilities for sophisticated products, transactions, and legal entities.

You’ll partner across finance, actuarial, risk, audit, technology, and business teams while working across statutory, GAAP, and Bermuda economic accounting frameworks. This is an opportunity to combine deep technical expertise with strategic influence, helping strengthen financial reporting, improve processes and controls, and provide insights that support key business decisions.

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

Responsibilities include but are not limited to:

Accounting and Financial Reporting

• Serve as the primary accounting expert for assigned life, annuity, and affiliated reinsurance products and transactions.
• Lead the interpretation and application of statutory, GAAP, and Bermuda accounting requirements.
• Manage the preparation, review, and delivery of financial reporting across multiple legal entities and accounting bases.
• Establish and implement accounting policies and reporting practices for new products, transactions, and reinsurance structures.
• Provide technical direction to accountants, actuaries, and other contributors.

Financial Analysis and Business Partnership

• Independently analyze and interpret financial results for senior leadership.
• Serve as a trusted advisor on profitability, capital efficiency, accounting, financial forecasting and reporting implications.
• Translate complex financial information into actionable insights and recommendations.
• Partner across the organization to solve complex reporting issues and influence business decisions.
• Lead projects with significant financial reporting or business impact.

Systems, Controls and Process Leadership

• Lead the development and improvement of financial reporting processes, controls, and governance.
• Define and approve accounting requirements for system feeds, reporting solutions, and new transactions.
• Direct testing and implementation of accounting and financial-system changes.
• Improve the efficiency, scalability, accuracy, and control of reporting processes.

Audit, Regulatory and Technical Leadership

• Support audits, regulatory reviews, and communications with auditors, examiners, and rating agencies.
• Maintain strong documentation, controls, and accounting governance practices.
• Identify and implement process improvements to enhance reporting efficiency and effectiveness.
• Participate in strategic projects and initiatives related to Securian Re, including future deals.

Qualifications

• Bachelor's degree in Accounting, Finance, Business, Mathematics, or a related field.
• 7+ years experience in reinsurance and/or product, insurance, financial reporting accounting.
• Strong knowledge of statutory and GAAP accounting and reporting requirements.
• Demonstrated ability to resolve complex accounting issues independently.
• Experience leading projects and influencing outcomes without direct authority.
• Strong analytical, communication, and stakeholder-management skills.

Preferred Qualifications

• CPA or equivalent professional certification.
• Familiarity with Bermuda accounting and reporting.
• Experience implementing new products, legal entities, accounting processes, or reporting solutions.
• Experience with SAP or another enterprise general-ledger platform.

Preferred Skills

• Analytical Thinking
• Cash Flow Management
• Collaboration
• Critical Thinking
• Data Analysis
• Detail-Oriented
• Financial Forecasting
• Problem Solving
• Statement Analysis

The salary range listed below reflects the P4 (Financial Reporting Sr. Consultant) level. If hired at the P3 (Financial Reporting Consultant) level, the estimated base salary range for this job is $73,700 to $136,800.

The estimated base pay range for this job is:

$91,700.00 - $169,600.00

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