Senior Insurance Accountant

Overview:

Join our dynamic Institutional Retirement Solutions (IRS) finance team as a Senior Accountant. It’s an exciting time for IRS as we work to broaden our product offerings and implement capabilities new to Securian and in some cases, new to the industry.   

You'll work with a diverse range of clients, focusing on Institutional Retirement products such as Pension Risk Transfer, Guaranteed Investment Contracts and Evergreen Group Annuities.  This role will manage the IRS financial reporting process, including preparing or reviewing accounting entries for GAAP and Stat financial statements and managing control processes.  You will also work closely with Accounting Policy to design accounting for new products or reinsurance transactions. In addition, we work closely with auditors (both internal and external) and prepare numerous schedules and exhibits for internal and external reporting requirements, including rating agency presentations, blue book financial schedules, and internal data and metric preparation for senior management. 

*We are open to considering both local and remote talent for this opportunity. If you live within a commutable distance of our St. Paul Home Office, this position follows a hybrid work schedule. If you live outside of a commutable distance, you may be eligible to work as a virtual employee. 
 

Responsibilities include but not limited to:  

• Manages the quarterly financial statements and reporting processes and ensures timely and accurate processing 

• Prepares or reviews journal entries and ensures the accuracy of accounting transactions processed, including managing monthly reconciliation processes  

• Lead development of accounting samples and completes admin and ERP system testing to support new product offerings or reinsurance transactions 

• Performs analysis to understand key trends and variances driving financial results 

• Develops and documents procedures and ensures accuracy of accounting  

• Supports the preparation and communication of financial information for auditors, insurance examiners, rating agencies, insurance agencies, and IRS leadership 

• Participates in projects related to financial reporting or financial contracts 

• Identifies opportunities for and leads implementation of process improvements  
   

Qualifications: 

• Accounting experience with exposure to GAAP, statutory, management-based, and tax for financial reporting and budgeting 

• Bachelor’s degree, preferably in Accounting, Finance, Math, or a related field, or equivalent relevant experience
• Knowledge of insurance accounting concepts and products 

• Demonstrated initiative to serve as a resource for team members and independently manage projects 

• Written and verbal communication skills to provide superior customer service to a variety of business partners 

• Demonstrated analytical skills to review and analyze financial statements and reports 

• Understanding the structure of the data within financial and administration systems 

• Excellent attention to detail 

• Ability to effectively multi-task and meet prescribed deadlines on a continuous basis 
   

Preferred Qualifications: 

• CPA designation
• Reinsurance accounting experience 
• SAP general ledger experience
  

Securian Financial believes that meaningful in-person collaboration is an important part of our culture. Our hybrid work model gives associates the flexibility to work both remotely and in the office while fostering connection, learning, and innovation. Associates who live within a 90-minute commute of our Home Office in St. Paul, Minnesota spend 3 or more days each week working from the office.

*At Securian Financial Group the internal title for this position is Financial Reporting Consultant.

Preferred Skills:

Analytical Thinking, Business Acumen, Collaboration, Communication, Creative Thinking, Detail-Oriented, Prioritization, Problem Solving$73,700.00 - $136,800.00

Be you. With us. At Securian Financial, we understand that attracting top talent means offering more than just a job – it means providing a rewarding and fulfilling career. As a valued member of our high-performing team, we want you to connect with your work, your relationships and your community. Enjoy our comprehensive range of benefits designed to enhance your professional growth, well-being and work-life balance, including the advantages listed here:

Paid time off:

• We want you to take time off for what matters most to you. Our PTO program provides flexibility for associates to take meaningful time away from work to relax, recharge and spend time doing what’s important to them. And Securian Financial rewards associates for their service by providing additional PTO the longer you stay at Securian. 
• Leave programs: Securian’s flexible leave programs allow time off from work for parental leave, caregiver leave for family members, bereavement and military leave.
• Holidays: Securian provides nine company paid holidays.

Company-funded pension plan and a 401(k) retirement plan: Share in the success of our company. Securian’s 401(k) company contribution is tied to our performance up to 10 percent of eligible earnings, with a target of 5 percent. The amount is based on company results compared to goals related to earnings, sales and service.

Health insurance: From the first day of employment, associates and their eligible family members – including spouses, domestic partners and children – are eligible for medical, dental and vision coverage.

Volunteer time: We know the importance of community. Through company-sponsored events, volunteer paid time off, a dollar-for-dollar matching gift program and more, we encourage you to support organizations important to you.

Associate Resource Groups: Build connections, be yourself and develop meaningful relationships at work through associate-led ARGs. Dedicated groups focus on a variety of interests and affinities, including:

• Environmental Health & Sustainability
• Mental Wellness and Disability
• Pride at Securian Financial
• Securian Young Professionals Network
• Securian Multicultural Network
• Securian Women and Allies Network
• Servicemember Associate Resource Group

For more information regarding Securian’s benefits, please review our Benefits page.

This information is not intended to explain all the provisions of coverage available under these plans. In all cases, the plan document dictates coverage and provisions.

Securian Financial Group, Inc. does not discriminate based on race, color, religion, national origin, sex, gender, gender identity, sexual orientation, age, marital or familial status, pregnancy, disability, genetic information, political affiliation, veteran status, status in regard to public assistance or any other protected status. If you are a job seeker with a disability and require an accommodation to apply for one of our jobs, please contact us by email at Employment@Securian.com, by telephone 651-655-5522 (voice), or 711 (Relay/TTY).

Securian Financial is a drug-free workplace.

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