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Selby Jennings
Meriden, Connecticut, UNITED STATES
(on-site)
Posted
2 days ago
Selby Jennings
Meriden, Connecticut, UNITED STATES
(on-site)
Job Function
Accounting/Finance
Head of Accounting Policy and Controls
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Head of Accounting Policy and Controls
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
Requirements- Lead the organization's accounting policy function across multiple regulatory and reporting frameworks, including economic balance sheet methodologies, US GAAP, and statutory accounting.
- Oversee the evaluation, interpretation, and implementation of new and emerging accounting standards.
- Maintain comprehensive accounting policies covering a broad range of insurance liabilities and investment asset classes.
- Support enterprise-level financial reporting processes and monitor changes in relevant regulatory requirements.
- Partner with investment teams and external advisors to develop accounting policies for new asset classes and complex transactions.
- Review and update existing policies to ensure continued relevance as the business evolves.
- Oversee implementation of new accounting standards and policy changes across the business.
- Provide accounting and capital structure analysis for corporate development activities, including acquisitions and reinsurance transactions.
- Lead and develop a team of accounting policy professionals, ensuring high-quality analysis, communication, and execution.
Qualifications
- Bachelor's or graduate degree in Accounting or Finance; US CPA or equivalent accounting credential required.
- At least 10 years of (re)insurance accounting experience, including 5+ years in accounting policy within a life insurance or reinsurance environment.
- Experience with legal entity acquisitions, block reinsurance transactions, and complex insurance products such as variable annuities, fixed indexed annuities, payout annuities, and universal life.
- Strong knowledge of accounting for various investment types, including fixed income, alternatives, hybrid assets, and loan portfolios.
- Broad technical accounting expertise and experience navigating financial processes and M&A-related accounting considerations.
- Demonstrated success building and managing finance or accounting processes with a focus on accuracy and timely delivery.
- Deep expertise in at least one major reporting framework (economic balance sheet, US GAAP, or statutory accounting).
- Highly detail-oriented, analytical, and capable of hands-on execution.
- Exceptional written, verbal, and interpersonal communication skills.
- Strong leadership abilities with a track record of independent decision-making and effective collaboration.
- Strategic thinker with the ability to analyze complex issues and provide practical solutions.
Job ID: 83066076
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