Lincoln, Nebraska, USA
5 days ago
Regulatory Accountant
Job Title: Regulatory Accountant

Job Description

We are seeking a highly analytical, firsthand, and energetic individual to join our team as a Sr. Staff Accountant. As a modern technology-enabled insurance holding company, we focus on long-term growth and aim to advance the insurance value chain through products and services that reduce costs and increase customer value. Our goal is to leverage state-of-the-art technology, product development, and administrative capabilities to create, sell, and administer life and annuity products through third-party independent marketing organizations.

ResponsibilitiesOversee journal entries and account reconciliations related to the company's Individual Annuity, Fixed Index Annuity, and Multi-Year Guaranteed Annuity (MYGA) business.Manage the general ledgers with a focus on common ledger analytics (cash and accrual) as well as statutory accounting, management reporting, and business analytics.Provide financial insights to stakeholders by analyzing monthly, quarterly, and annual results, focusing on product, investment, derivative, and reinsurance performance.Coordinate and produce the Individual Annuity schedules within various investment, reinsurance, operation, treasury, and controllers group's quarterly financial results and regulatory filings.Ensure the completeness and accuracy of key controller performance indicators through targeted reviews of monthly dashboards and flash reports.Collaborate with outside contractors, investment, reinsurance front office, corporate actuarial, and corporate reporting teams to complete statutory Blue Book schedules, exhibits, and audited notes for the statutory financial statements.Partner with the statutory financial controls unit to ensure compliance with MAR requirements, including documenting, testing, and reviewing controls and procedures.Support external auditors during the annual audits of statutory financial statements.Collaborate with policy systems and product management teams to implement new insurance products and modify existing ones, requiring a solid understanding of life insurance products and their related accounting flows.Actively participate in the adoption of Oracle™ statutory chart of accounts/hierarchy to streamline and automate regulatory reporting and the creation of a cloud-based data lake (DataBricks™).Apply a continuous improvement mindset to assess and enhance processes, focusing on more efficient data delivery, analytics, and providing valuable insights for controllers and business partners.Work with the Accounting Policy team to perform accounting research and develop recommendations on technical accounting issues.Work with contractors and FP&A to improve and iterate Risk Based Capital and AM Best BCAR capital (actuals, budget, and forecast).Essential SkillsBachelor’s degree in accounting or finance (a master’s degree is preferred but not required).A minimum of 3-5 years of financial reporting experience within the insurance or reinsurance industries or public accounting.Strong knowledge of statutory accounting rules, procedures, and internal controls.Expert proficiency in Excel and other reporting, analytical, or programming tools.Familiarity with Oracle Fusion, Peoplesoft, Power BI, Wings/SOVOS is an advantage.Working knowledge of Annuity-specific RBC and AMBEST BCAR capital models and guidelines.Additional Skills & QualificationsAn initiative-taking individual with excellent people skills.Demonstrating elevated levels of professionalism, integrity, and self-awareness in all interactions.Desire to manage and develop others is a plus.Must be eligible to work in the United States.Work Environment

This position is preferred hybrid - Tuesday to Thursday in the Lincoln, Nebraska office and Monday and Friday work from home. This is a full-time position with hours from Monday through Friday, 8:00 a.m. to 5:00 p.m. CT, with additional hours as needed to complete tasks and meet deadlines. Minimal travel is expected for this position. The work environment includes office snacks, monthly contests, coffee trucks, and food trucks paid by the company, as well as a formal Christmas party with a live band.

Pay and Benefits

The pay range for this position is $90000.00 - $100000.00/yr.

Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following:

• Medical, dental & vision
• Critical Illness, Accident, and Hospital
• 401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available
• Life Insurance (Voluntary Life & AD&D for the employee and dependents)
• Short and long-term disability
• Health Spending Account (HSA)
• Transportation benefits
• Employee Assistance Program
• Time Off/Leave (PTO, Vacation or Sick Leave)

Workplace Type

This is a hybrid position in Lincoln,NE.

Application Deadline

This position is anticipated to close on Mar 13, 2025.

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\n \n About Aston Carter:\n

Aston Carter provides world-class corporate talent solutions to thousands of clients across the globe. Specialized in accounting, finance, human resources, talent acquisition, procurement, supply chain and select administrative professions, we extend the capabilities of industry-leading companies. We draw on our deep recruiting expertise and expansive network to meet the evolving needs of our clients and talent community with agility and excellence. With offices across the U.S., Canada, Asia Pacific and Europe, Aston Carter serves many of the Fortune 500. We are proud to be a ClearlyRated Best of Staffing® double diamond winner for both client and talent service.

\n Diversity, Equity & Inclusion\n

At Aston Carter, diversity and inclusion are a bridge towards the equity and success of our people. DE&I are embedded into our culture through:

\n Hiring diverse talent\n Maintaining an inclusive environment through persistent self-reflection\n Building a culture of care, engagement, and recognition with clear outcomes\n Ensuring growth opportunities for our people\n

The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

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If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please email astoncarteraccommodation@astoncarter.com for other accommodation options.

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