Insurance Technical Statutory Accounting Controller
Job
GE Aerospace
Remote
$158,500 Salary, Full-Time
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Job Description
- Job Description Summary
- Job Description Summary This role is with Employers Reassurance Corporation (ERAC), a reinsurance company and corporate holding of GE Aerospace.
U.S. GAAP
insurance accounting matters, as needed. This position reports directly to the ERAC Chief Accounting Officer.- Job Description
- Job Description
- Roles and Responsibilities
- + Serve as subject matter expert on insurance SAP, including interpretations and application of the NAIC guidance + Monitor and analyze emerging regulatory developments from the NAIC and other governing bodies; assess impact and drive implementation of new guidance + Participate in and represent ERAC at various NAIC meetings and industry forums + Communicate complex technical accounting issues simply and clearly to senior leadership and cross-functional stakeholders, including actuarial, finance, investment and operational team members, among others, and regulators + Lead preparation and review of statutory financial statements, including annual and quarterly filings (Blue Books), and risk-based capital calculations, reporting and related analysis + Contribute to ensuring ongoing compliance with the NAIC's Principles-Based Bond Definition framework + Support financial reporting processes, ensuring accuracy, completeness, and timeliness + Strengthen and maintain internal controls over financial reporting, including SOX and Model Audit Rule + Collaborate with internal and external auditors to support audits and regulatory examinations •Required Qualifications•+ Certified Public Accountant designation + Minimum [8] years of direct insurance SAP experience + Bachelor's degree in accounting or finance •Desired Characteristics•+ Public accounting experience: strong technical foundation and demonstrated expertise in SAP and GAAP accounting and disclosure requirements + Experience with insurance statutory financial statement preparation (Blue Books) and risk-based capital framework + Knowledge of life insurance and investment products and fair value measurement concepts + Demonstrated oral and written communication skills; ability to influence and collaborate across organizational levels + High level of professional judgment and attention to detail + Experience with internal controls, including SOX and MAR + Proven ability to work effectively in remote environment and manage multiple priorities + Familiarity with lean principles + Proficient use of financial systems and Microsoft Office (e.
GE Aerospace (General Electric Company or the Company) and its affiliates each sponsor certain employee benefit plans or programs (i.e., isa "Sponsor"). Each Sponsor reserves the right to terminate, amend, suspend, replace or modify its benefit plans and programs at any time and for any reason, in its sole discretion. No individual has a vested right to any benefit under a Sponsor's welfare benefit plan or program. This document does not create a contract of employment with any individual.
- Additional Information
- GE Aerospace offers a great work environment, professional development, challenging careers, and competitive compensation.
- Additional Information
- GE Aerospace offers a great work environment, professional development, challenging careers, and competitive compensation.
Relocation Assistance Provided:
- No \#LI-Remote - This is a remote positionGE Aerospace is an Equal Opportunity Employer.
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