Statutory Financial Reporting Accountant - Full-time
Prosperity Life Group9 months ago
Charlotte, NC, United States
On-site
Full-time
Junior Level (1-3 years)
Job Description
Position Overview
Based primarily in New York City, Roanoke, VA, and Austin, TX, Prosperity Life Insurance Group, L.L.C. (Prosperity) and its member companies are a rapidly emerging force in the life insurance industry. Prosperity markets competitive protection, supplemental and asset accumulation products through various channels while maintaining an excellent financial strength rating. Prosperity is seeking a highly motivated Financial Reporting Accountant to join its Finance department. Location: New York City, Roanoke, VA, and Austin, TX.
Key Responsibilities
- Tracking, managing and submitting all U.S. (State based and NAIC) Finance related regulatory fees and filings.
- Making, recording and reconciling regulatory payments.
- Preparing and filing State-specific forms and supplements.
- Monitoring due dates and ensuring timely compliance with state filing deadlines.
- Tracking and submitting renewals, fees, and changes in company information to each state regulator.
- Maintaining the state filing calendar.
- Corresponding proactively with regulators as needed.
- Compiling supporting documentation for the financial statements and auditors as needed.
- Aiding in the planning and build-out of statutory quarterly and annual financial statements, including coordination and preparation of footnote disclosures, management’s discussion and analysis, and internal controls.
- Partnering with relevant departments (General Accounting, Reinsurance Accounting, GAAP Accounting, Capital and Expense Management, Actuarial, Investment Accounting, IT, etc.) to ensure proper support of general ledger data and applications for external statutory accounting and financial reporting.
Required Qualifications
- Excellent organizational skills, attention to detail, accuracy, time management, and adherence to deadlines.
- Education: Bachelor's degree in accounting or a related field.
- Experience Required: 2-5 years accounting or finance experience.
- Strong oral and written communication skills.
- Demonstrated statutory regulatory experience.
Preferred Qualifications
- General insurance or financial services experience.
- General knowledge of state filing portals, e.g., SERFF, Optins, OASIS, WINGS.
Required Skills
Financial Statement Preparation
State Insurance Regulation
Oral and Written Communication
Time Management
Attention to Detail
Statutory Accounting
Regulatory Filings
General Ledger Reconciliation
Financial Reporting