Statutory Reporting Manager

PeopleCaddie; Chicago (IL); Presencial; USD 120.000 - 180.000; Jornada completa

Descripción de la vacante

PeopleCaddie in Chicago seeks a senior statutory reporting professional to lead quarterly and annual financial reporting for multiple entities, ensuring accuracy and compliance with NAIC SAP and SSAP standards. The role collaborates with Finance, Actuarial, Investments, and Reinsurance teams to deliver timely disclosures.

You will drive process improvements, strengthen controls, and manage regulatory examinations and audits.

Formación

• Active CPA certification required.
• 8+ years of accounting or financial reporting experience within the insurance industry.
• Direct experience preparing statutory financial statements for an insurance carrier.
• Strong knowledge of NAIC reporting standards, SAP, and SSAP requirements.
• Understanding of insurance reserves, investment accounting, reinsurance transactions, and regulatory capital requirements.

Responsabilidades

• Manage quarterly and annual statutory financial reporting to state regulators.
• Ensure compliance with NAIC SAP, SSAP, and relevant regulations.
• Oversee statutory disclosures and supporting schedules across entities.
• Analyze RBC, GCC, and other solvency measures.
• Coordinate statutory audits and regulator inquiries.
• Collaborate with investment accounting and reinsurance on valuations and Schedule F.
• Reconcile GAAP with statutory accounting where needed.
• Gather reporting data with Finance, Actuarial, and Investments.
• Strengthen controls and pursue automation opportunities.

Conocimientos

CPA certification

Regulatory reporting

GAAP vs SAP knowledge

Insurance accounting

Educación

CPA license or equivalent

Descripción del empleo

• Manage quarterly and annual statutory financial reporting, ensuring accurate and timely submissions to state insurance regulators.
• Maintain compliance with NAIC Statutory Accounting Principles (SAP), SSAP guidance, and applicable insurance regulations.
• Oversee statutory disclosures, supporting schedules, and regulatory reporting requirements across multiple legal entities.
• Analyze risk-based capital (RBC), group capital calculations (GCC), and other financial solvency measures.
• Coordinate statutory audits, regulatory examinations, and responses to insurance department inquiries.
• Partner with investment accounting and reinsurance teams on statutory valuations, reserves, Schedule F, and related financial disclosures.
• Evaluate complex accounting matters and reconcile differences between GAAP and statutory accounting.
• Work with Finance, Actuarial, Investments, and other departments to gather and validate reporting information.
• Strengthen reporting controls, improve documentation, and identify opportunities for automation and process improvements.

Required Qualifications

• Active CPA certification required.
• 8+ years of accounting or financial reporting experience within the insurance industry.
• Direct experience preparing or managing statutory financial statements for a insurance carrier.
• Strong working knowledge of NAIC reporting standards, SAP, and SSAP requirements.
• Understanding of insurance reserves, investment accounting, reinsurance transactions, and regulatory capital requirements.