Demo

Manager of STAT Financial Reporting & Accounting

Professional Project Partners Inc
Des Moines, IA Full Time
POSTED ON 2/16/2025
AVAILABLE BEFORE 5/13/2025

Job Description

Position Title : STAT Financial Reporting & Accounting Manager

Location : Des Moines IA, Hybrid

Industry : Financial Services / Insurance

Role Overview :

P3 Uplift's client, a prominent player within the finance / insurance sector, is looking for a STAT Financial Reporting & Accounting Manager. In this role, you'll ensure timely and accurate statutory reporting, enhance reporting processes, and oversee the operational aspects of reinsurance contract settlements. You'll also lead a team of accounting professionals, collaborating with other departments to ensure smooth reinsurance settlements and compliance with regulatory requirements.

Primary Responsibilities :

  • Lead the preparation and review of statutory financial reports on a quarterly and annual basis.
  • Manage a team of accounting staff, overseeing daily, weekly, and monthly reporting tasks.
  • Provide leadership across the employee lifecycle, from selection and retention to ongoing performance and development.
  • Analyze statutory account balances as part of quarterly and annual financial reporting.
  • Prepare / review audited financial statements and coordinate with external auditors.
  • Review reconciliations and validate subsidiary reports to ensure accurate statutory reporting.
  • Draft / review journal entries, workpapers, and statutory filings.
  • Keep up-to-date with new statutory guidance impacting the insurance industry.
  • Maintain and enhance statutory reporting and reinsurance processes and controls.
  • Support internal audits as needed.

Qualifications :

  • Bachelor's degree in Accounting, with at least five years in accounting or financial reporting, or a suitable mix of education and experience.
  • Experience within the life insurance sector and statutory reporting.
  • CPA designation is a must.
  • In-depth knowledge of life and annuity insurance products, operations, and the regulatory environment.
  • Solid understanding of financial statement accounts, especially around investments and actuarial entries.
  • Familiarity with statutory reporting rules, regulatory filings, and proficiency in Microsoft Office Suite.
  • Strong financial analysis and problem-solving abilities, with great attention to detail.
  • Effective communication skills and a customer-oriented approach.
  • Additional Information :

    This role requires no travel and offers a meaningful opportunity to shape financial reporting and compliance functions within the organization.

    Application Instructions :

    If this opportunity resonates with you, please submit your resume and a brief cover letter. P3 Uplift and our client are committed to fostering an inclusive workplace, and we welcome all qualified candidates to apply.

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