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AVP, Financial Reporting - Life Insurance

  • Location:

    Stamford

  • Sector:

    Accountancy & Finance

  • Job type:

    Permanent

  • Salary:

    Negotiable

  • Contact:

    Ryan Borchers

  • Contact email:

    Ryan.Borchers@oliverjames.com

  • Job ref:

    JOB-052024-248957_1717439374

  • Published:

    16 Tage her

  • Expiry date:

    2024-07-03

Our client is a well respected life insurance firm. As an AVP, you will responsible for the preparing journal entries and reconciliations for monthly activities and quarterly closings. You will also assist in preparing financial statements and footnotes according to both Statutory and US GAAP standards, conducting financial statement analytics, and providing insights to management for board, audit, and regulatory purposes.

  • Lead the majority of tasks related to the quarterly closing process for designated business blocks, adhering to both Statutory and GAAP guidelines.
  • Prepare various types of journal entries, including Statutory, Corporate, GAAP adjustments to Statutory accounting, and ad hoc entries.
  • Conduct Balance Sheet reconciliations and internal control assessments, resolving any discrepancies identified.
  • Analyze actual financial results, perform quarterly trend analyses, and communicate findings to the Controller and senior management.
  • Conduct analysis and reporting on investment trusts for external stakeholders.
  • Drive continuous process improvements, identifying and implementing opportunities for enhancing processes and controls.
  • Collaborate with various departments within the organization and external partners like Third-Party Administrators and vendors as necessary.
  • Prepare and file quarterly and annual statements (Bluebook), annual Statutory Audited Financial Statements, state and client reports, and assist in the preparation of Consolidated GAAP Financial Statements.
  • Participate in Department of Insurance examinations as required.
  • Perform other duties as needed to support the department and organizational objectives.

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