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[Remote] Reinsurance Senior Financial Reporting Analyst

Remote · Bangladesh Full-time

Note: The job is a remote job and is open to candidates in USA. Symetra is a national financial services company dedicated to helping people achieve their financial goals. They are seeking a Reinsurance Senior Financial Reporting Analyst to focus on reinsurance accounting and financial analysis for life and annuity products, ensuring accurate financial reporting and collaborating with cross-functional teams.

Responsibilities

  • Support research and documentation of technical accounting matters related to reinsurance under GAAP, U.S. Statutory, and Bermuda Statutory frameworks
  • Prepare analyses of accounting treatments for new and complex transactions, including impacts to financial statements and operational processes
  • Coordinate with external auditors as needed to support reviews and discussions
  • Lead key components of the reinsurance accounting close process, including:
  • Preparing and reviewing journal entries, general ledger reconciliations, and reporting schedules
  • Analyzing variances and delivering management reports and key financial outputs
  • Demonstrate deep expertise in assigned areas while maintaining a strong understanding of related processes and cross-functional impacts
  • Drive ad hoc initiatives and special projects, including:
  • Supporting the implementation of new reinsurance treaties
  • Identifying and executing process improvements and operational efficiencies
  • Collaborate cross-functionally with Actuarial, Tax, Legal, and other partners to evaluate and operationalize new reinsurance arrangements

Skills

  • High School Diploma is required, plus a Bachelor's degree in Accounting or Finance
  • 3+ years of experience in reinsurance accounting of life and annuity insurance and reinsurance, with exposure to complex reinsurance arrangements (such as modco, coinsurance with funds withheld, etc.)
  • Proficiency in the fundamentals of accounting principles for life insurance and annuity products
  • Experience in public accounting, including preparation, review, and audit of financial statements and related footnote disclosures
  • Goal-oriented with a track record of task and project completion
  • Ability to work a flexible schedule, as the need arises (quarter and year-ends, ad hoc projects)
  • Proven ability to interact effectively and communicate complex reinsurance accounting guidelines and policies in an understandable manner to various levels of management, staff, and auditors
  • High expectations for themselves, with an irresistible urge to exceed them
  • Ability to perform assignments independently and adapt to changing priorities
  • Creativity, problem solving, and decision-making skills
  • A positive attitude and sense of humor!
  • 3+ years of experience in reinsurance accounting of life and annuity insurance and reinsurance, with exposure to complex reinsurance arrangements (such as modco, coinsurance with funds withheld, etc.) is preferred
  • CPA or CPA-eligible, preferred

Benefits

  • Flexible full-time or hybrid telecommuting arrangements
  • Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%
  • Paid time away including vacation and sick time, flex days and ten paid holidays
  • Give back to your community and double your impact through our company matching

Company Overview

  • Symetra is a financial service company that provides retirement, employee benefits, group life, and disability insurance. It was founded in 1957, and is headquartered in Bellevue, Washington, USA, with a workforce of 1001-5000 employees. Its website is http://www.symetra.com.
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