AVP, Derivatives Accounting

Reporting to the Head of Derivatives Accounting, you will oversee the GAAP and STAT accounting close, financial reporting, and financial analytics for the company’s derivatives portfolio.

Responsibilities

• Serve as a subject matter expert on accounting and reporting for derivatives
• Oversee and perform the monthly accounting close over derivatives
• Perform balance sheet and income statement attribution and variance analysis
• Manage relationship with third-party accounting vendor to properly account for derivatives
• Compile and/or review footnotes and schedules for U.S. GAAP and Statutory financial statements
• Collaborate with Investment Front Office on new derivative strategies or investment managers
• Evaluate investment results and prepare and communicate analytics package to finance leaders
• Research accounting and reporting guidance on new derivative strategies or instruments
• Identify manual journal entries needed for accurate financial results; prepare and review manual journal entries
• Consult with Investment Management, Third-Party Asset Managers, and Cedants
• Execute key internal financial controls to ensure accurate investment accounting results
• Assist and develop junior staff on daily, monthly, and quarterly tasks
• Provide reporting and supplemental information to reinsurance cedants
• Support an environment of continuous improvement

Requirements

• Bachelor’s degree in Accounting or Finance required
• Certified Public Accountant preferred
• 6-10+ years of experience with 4+ years of derivatives accounting and/or insurance industry experience required
• Expertise in US GAAP and Statutory Accounting Principles
• Experience with Clearwater Analytics or Third-Party Investment Accounting model preferred
• Strong research, verbal and written communication skills to effectively and clearly communicate technical issues pragmatically to others, including senior leadership
• Confidence, credibility, and character to liaise across corporate functions; ability to develop and maintain strong working relationships within Resolution Life and throughout the industry
• Demonstrated leadership skills and ability to develop, coach, and train others
• Sense of urgency and high degree of flexibility—ability to conform to shifting priorities, demands, and timelines while executing tasks in support of corporate objectives
• Strong focus on stakeholder satisfaction and consistently works to provide a high level of service
• Ability to act independently in identifying problems while exhibiting judgment and a realistic understanding of issues and interdependencies
• Strong problem-solving and decision-making skills
• High level of interpersonal skills, integrity, and ethics
• Self-starter with a collaborative approach who values and encourages teamwork
• Proficiency with Microsoft Office software

Skills

• Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations
• Critical Thinking: Thoughtful process of analyzing data and problem-solving to reach a well-reasoned solution
• Team Mentality: Partnering effectively to drive our culture and execute on our common goals
• Business Acumen: Appreciation and understanding of the financial services industry to make sound business decisions
• Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage

Benefits

• Comprehensive health & wellness program
• Incentive and recognition programs
• 401k contribution (all benefits are subject to eligibility requirements)

Pay

• West Chester, PA: $117,000 - $153,000
• New York, NY: $127,500 - $167,000

Schedule

Hybrid - 3 days per week in the office (locations: West Chester, PA or New York, NY)