Talcott Financial Group is an international life insurance group and the industrys trusted partner for comprehensive risk solutions. Talcott creatively designs and expertly delivers responsive solutions that transfer risk and manage capital in a way that supports the strategic needs of insurers today and into the future.
Talcott Financial Group has a proven track record of well-executed transactions and the enterprise benefits from its strong financial position with over $127 billion in assets under management, its investment-grade financial strength ratings, and its partnership with Sixth Street, a leading global investment firm.
Talcott Financial Groups two core business platforms include U.S.-based Talcott Resolution and Bermuda and Cayman-based Talcott Re.
Overview
The Senior Accountant is an experienced accounting professional who will take ownership and accountability for all the accounting reporting and analysis for assigned blocks of business and will work closely with other members of the accounting and reporting teams within Talcott to ensure complete, accurate, and timely internal and external reporting of our financial results. The U.S. Controllers Accounting team is responsible for the preparation and reporting of financial information for a variety of internal and external customers. This role is ideal for an accounting or finance professional interested in growing a fast-paced career at a growing life insurance reinsurance carrier. This role offers the opportunity to gain a comprehensive understanding of the companys operations, reinsurance arrangements, and corporate business functions while interacting with key stakeholders across the enterprise. We are looking for individuals to bring a fresh perspective to our accounting and reporting processes and controls. This role will require the ability to work independently, strong analytical capabilities, attention to detail, and a focus on maintaining strong but efficient and controlled financial reporting processes with a goal of identifying process improvements in assigned areas while maintaining integrity and accuracy.
Description
Assume an active role in the U.S. GAAP and Statutory monthly, quarterly, annual financial close process for assigned blocks on the U.S. Accounting Team of Talcott Resolution, taking ownership of all accounting and reporting and becoming the subject matter expert for assigned blocks of business. Work with internal and external stakeholders with regard to account and reporting for assigned blocks, including resolving issues and/or working on related strategic initiatives.
Responsible for the companys external financial reporting for both U.S. GAAP and Statutory accounting methods, as well as support other reporting bases, e.g., Bermuda accounting requirements. Take the lead in the implementation and onboarding of new internal and external reinsurance transactions, including building settlement statements and all related GAAP and Statutory accounting entries.
Support other strategic initiatives and non-BAU projects as necessary. Analyze and document earnings and other key financial variances, including commentary to be included in presentations to senior management. Maintain financial records of assigned functions or blocks of business and ensure that financial transactions and journal entries are properly recorded.
Streamline processes and procedures to continually improve efficiency and controls. Owns related internal controls, including performance of all SOX controls for assigned blocks and appropriate SOX documentation, as well as identification of new risks to propose and implement process and control changes independently.
Support ad-hoc financial reporting and analysis projects with little direction or supervision, including interaction and coordination with other teams or departments. May informally coach and mentor less experienced staff in areas they have become proficient in working. Ability to transition work over to less experienced staff and perform preliminary review and assessment of the staffs work product.
Qualifications
Undergraduate degree in accounting required. CPA required. 4-7 years of accounting finance experience preferably in the financial services industry or auditing. Strong baseline technical understanding of insurance and reinsurance as well as the related accounting and reporting concepts. Experience in accounting financial reporting audit financial statement preparation and analysis.
Thrives in fast-paced dynamic environments requiring significant growth and learning in a short timeframe. Demonstrates leadership capabilities through team effort, initiative, customer service, and integrity. Ability to coach and mentor less experienced staff. Strong critical thinking and problem-solving skills. Strong organizational and analytical skills with proven attention to details and the ability to manage competing priorities in a fast-paced environment.
Experience with Reinsurance Transaction onboarding or other complex technical transactions a plus. Strong aptitude to understand and work with large data sets and synthesize the data to derive meaningful insights. Strong communication skills both verbal and written. Individual must possess a high level of initiative, be a self-starter, self-directed, highly motivated, and must be able to work in a team and build relationships.
Working knowledge of Microsoft Excel, PowerPoint, PeopleSoft, Oracle, or other general ledger applications preferred.
Compensation
This range represents the minimum and maximum annual base salary we reasonably expect to pay for this role at the time of posting. The actual base pay could vary and may be above or below the listed range. The base pay is based on factors including but not limited to experience, competence, and demonstration of proficiencies essential for the role. The base pay is just one component of Talcotts total annual compensation for employees. Other compensation may include annual bonuses, long-term incentives, and recognition.
This role is not eligible for visa sponsorship. Applicants must be authorized to work in the United States on a full-time basis without current or future visa sponsorship.
Talcott Financial Group is an equal employment employer. All qualified applicants will receive consideration without regard to race, color, sex, religion, age, national origin, disability, veteran status, sexual orientation, gender identity, or expression, marital status, ancestry, or citizenship status, genetic information, pregnancy status, or any other characteristic protected by law. Talcott Resolution maintains a drug-free workplace. For more information regarding our Privacy Policy, please go to http://talcott.com/onlineprivacypolicy.html