Senior Manager, Insurance Statutory Reporting

Selby Jennings

Charlotte (NC)

On-site

USD 120,000 - 180,000

Full time

12 hours ago
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Job summary

Selby Jennings is seeking an experienced Senior Manager, Financial Reporting & Accounting to lead statutory accounting and reporting across insurance and reinsurance operations. You will oversee the close process, ensure SAP-based statutory reporting accuracy, and partner with senior leadership on technical accounting matters while guiding a small accounting team.

You will manage U.S. and select international entities, coordinate with auditors and regulators, and research complex accounting

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field.
  • CPA preferred.
  • 7+ years of insurance accounting experience preferred.
  • Strong knowledge of SAP and insurance statutory reporting.
  • Experience preparing and reviewing Annual Statement filings.
  • Deep understanding of life insurance, annuity, and reinsurance accounting.
  • Experience managing portions of the general ledger close process, including journal entries and reconciliations.
  • Strong knowledge of internal controls, audit support, and financial reporting.
  • Experience working directly with internal and external auditors.
  • Ability to research and apply accounting guidance to complex transactions.
  • Knowledge of both GAAP and statutory reporting frameworks.
  • Experience managing teams and collaborating across multiple stakeholders.
  • Strong communication and project management skills.
  • Track record of driving process improvements, automation initiatives, and operational efficiencies.
  • Ability to work cross-functionally with accounting, finance, actuarial, tax, treasury, and legal teams.

Responsibilities

  • Lead the month-end and quarter-end close processes related to insurance and reinsurance accounting activities.
  • Review and approve journal entries, ensuring accuracy, completeness, and compliance with accounting policies.
  • Oversee balance sheet reconciliations and investigate reconciling items as needed.
  • Maintain strong internal controls over accounting and financial reporting processes.
  • Serve as the accounting and reporting lead for various insurance entities and ensure accurate financial statement reporting.
  • Manage statutory accounting and reporting requirements for U.S. insurance operations and select international insurance entities.
  • Coordinate with external auditors and regulators and manage audit requests.
  • Prepare and review statutory financial statement disclosures and supporting schedules.
  • Research and document technical accounting conclusions related to insurance and reinsurance transactions.
  • Analyze and account for complex insurance transactions, including premium accounting, reserves, and ceded/assumed reinsurance arrangements.
  • Identify opportunities to improve processes through automation, standardization, and reporting enhancements.
  • Partner closely with Actuarial, FP&A, Tax, Treasury, Legal, and Accounting Policy teams.
  • Mentor and develop accounting staff while managing workloads and ensuring timely deliverables.

Skills

Statutory accounting
Insurance accounting
Internal controls
Financial reporting
Cross-functional collaboration
Leadership
GAAP knowledge

Education

Bachelor's in Accounting/Finance
CPA preferred

Tools

SAP

Job description

Selby Jennings is seeking an experienced Senior Manager, Financial Reporting & Accounting to lead statutory accounting and reporting across insurance and reinsurance operations. You will oversee the close process, ensure SAP-based statutory reporting accuracy, and partner with senior leadership on technical accounting matters while guiding a small accounting team.

You will manage U.S. and select international entities, coordinate with auditors and regulators, and research complex accounting

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