GENERAL PURPOSE OF THE JOB:   

The Senior Financial Reporting & Accounting Analyst is responsible for assisting with the quarterly financial statement close process, preparation and review of quarterly and annual statutory financial statements, audited statutory financial statements, variance analysis and supplemental filings. The incumbent works closely with internal and external auditors on audits, participates in various actuarial and other related discussions and involved in preparation of quarterly risk-based capital calculations.

  ** Position sits in West Des Moines and will work an onsite hybrid schedule** 

 

ESSENTIAL DUTIES AND RESPONSIBILITIES:  

• Assists with quarterly financial statement close process across the Company.
• Prepares and reviews various reconciliations as part of quarterly close process.
• Prepares and reviews key financial statement analysis files as part of quarterly close process.
• Contributes to process improvement initiatives for financial statement close process.
• Prepares and/or reviews:
  • Quarterly/annual statutory financial statement filings.
  • Audited statutory financial statements.
  • Variance analysis.
  • Supplemental filings.
  • Quarterly RBC computations.
  • Audited benefit plan financial statements.
• Works directly with internal and external auditors on various reviews and audits.
• Other accounting, reporting and record keeping work as needed across the Department.
• Performs other related work as assigned.

 

SUPERVISORY RESPONSIBILITIES:

Direct Reports: None

General Description of Indirect Reports (2 and 3-downs): None

 

EDUCATION AND/OR EXPERIENCE:  

• Bachelor’s degree from a four-year credited college or university in accounting, finance or related field of study; plus five (5) years of progressively responsible related experience; or equivalent combination of education and/or experience.
• Prior experience and proficiency with MS Excel, and MS Access.
• Experience working with annual statement software.
• Experience using Workiva is desired but not required.

 

CERTIFICATES, LICENSES, PROFESSIONAL DESIGNATIONS: CPA preferred.

 

KNOWLEDGE, SKILLS AND ABILITIES:

• Knowledge of the life and annuity insurance industry, including products issued, operating activities performed across the entity, and the regulatory environment.
• Broad understanding of financial statement accounts of a life and annuity company, including investment and actuarial balances.
• Knowledge of applicable Statutory financial reporting rules and regulations.
• Ability to update financial data to adhere to new taxonomies.
• Ability to successfully handle pressure and meet tight deadlines in a fast-paced work environment.
• Ability to multi-task and effectively prioritize work to meet tight quarter-end deadlines, ensuring all tasks are completed on time.
• Strong verbal and written communication skills.
• Ability to establish effective working relationships with internal and external parties at all levels.
• Strong attention to numeric and other detail; ability to work with mathematical concepts and apply to practical situations.
• Strong systems aptitude.
• Ability to define problems, collect data, establish facts, and draw valid conclusions.

 

#LI-PL1

This description covers the major purpose and essential functions of the job.  It is not intended to give all details or a step-by-step account of the way each task is to be performed.  Employees may receive other job related instructions and be required to perform other job related work requested by their manager.  All requirements are subject to possible modification to provide reasonable accommodation to qualified individuals with disabilities.