Grow your career with a growing organization

Whether they're helping people reach their long-term financial goals or providing personal wealth management strategies, every associate contributes to changing the lives of those we serve for the better. When it comes to job satisfaction, that's hard to beat. And from a personal satisfaction perspective, you'll enjoy the freedom to support causes that matter to you and experience a truly inclusive work environment. Your future starts now.

The VP Statutory Accounting leads the Statutory Accounting function for Empower, including the evaluation and delivery of internal and external statutory accounting needs, quarterly analysis of RBC, review and development of existing and new statutory reports, analytics and forecasting of statutory results, reconciliations between IFRS and STAT results, and assistance of new accounting initiatives with other business partners. This leader ensures the timely and accurate preparation of all aspects of statutory filings and resolution to technical accounting issues, as well as provides guidance on statutory accounting principles ("SAP").

This role requires a solid understanding of Statutory Accounting Principles including following latest emerging guidance from the National Association of Insurance Commissioners ("NAIC").

What you will do

• Responsible for the Statutory Accounting function, including oversight and direction of statutory accounting, and reporting for the Company's -subsidiaries and affiliates.
• Ensure accurate month-end, quarter-end and annual reporting of balances relating to investment assets, liabilities, income and expenses on statutory basis of accounting.
• Build out analytics and forecasting models for statutory results that can be utilized in risk based capital (RBC) and tax modeling
• Build and maintain external relationships with auditors, vendors and other business partners and leverage relationships to ensure continuity of services provided. Act as liaison for investment related requests and oversee RFP process for any services or products evaluated.
• Effectively partner across the organization, including financial reporting, accounting, tax, treasury, risk, treasury, and investment operations, to support their specific needs.
• Develop continuous process improvement strategy which includes automation and the implementation of new technology, processes, and reporting, and strengthens controls over investment accounting.
• Establish and manage to key business indicators to ensure effective and timely reporting.
• Stay abreast of financial reporting and regulatory developments related to investment accounting which can impact the Company and facilitate compliance with such regulations.
• Lead a team of statutory accounting professionals, including establishing and monitoring of goals, reviewing work completed by team on a timely basis, and ensuring proper communication of accounting and corporate policies, practices, and performance.
• Participates with preparation of risk-based capital forecasts
• Research new and existing SAP/NAIC requirements
• Ensures all statutory reports and disclosures comply with statutory accounting principles
• Direct preparation of standalone regulatory filings, including preparation and coordination of supporting schedules
• Respond to requests from external auditors and state regulators, including DOI audits.

What you will bring

• Bachelor's degree or equivalent experience required
• 10-15 years of related experience required in the areas of investment accounting, financial reporting, internal controls, process improvement, and the broader accounting profession, including statutory requirements
• 3-4 years of experience with insurance statutory filings
• 4 or more years of management or people leadership experience required. Inspiring and motivating; results driven; self-motivated; ability to work constructively under pressure; able to work with others at varying levels within the organization
• Solid understanding of Statutory accounting principles and financial reporting concepts
• Solid technical accounting research skills. Strong accounting, finance and business acumen
• Excellent project management and organization skills
• Highly effective skills in organization, managing multiple tasks and projects simultaneously, oral and communication, and analytical and problem-solving

What will set you apart

• Certified Public Accountant (CPA) or other finance related certification desired

***Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time, including CPT/OPT.***

What we offer you

We offer an array of diverse and inclusive benefits regardless of where you are in your career. We believe that providing our employees with the means to lead healthy balanced lives results in the best possible work performance.

• Medical, dental, vision and life insurance
• Retirement savings - 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
• Tuition reimbursement up to $5,250/year
• Business-casual environment that includes the option to wear jeans
• Generous paid time off upon hire - including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
• Paid volunteer time - 16 hours per calendar year
• Leave of absence programs - including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
• Business Resource Groups (BRGs) - internal networks that rally around common interest, experiences and identities such as race, ethnicity, gender, ability, military status and sexual orientation. BRGs play a vital role in educating and engaging our people and advancing our business priorities.

Base Salary Range

The salary range above shows the typical minimum to maximum base salary range for this position in the location listed. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation offered may vary from posted hiring range based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

Equal opportunity employer * Drug-free workplace

We are an equal opportunity employer with a commitment to diversity. All individuals, regardless of personal characteristics, are encouraged to apply. All qualified applicants will receive consideration for employment without regard to age (40 and over), race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law.

***For remote and hybrid positions you will be required to provide reliable high-speed internet with a wired connection as well as a place in your home to work with limited disruption. You must have reliable connectivity from an internet service provider that is fiber, cable or DSL internet. Other necessary computer equipment, will be provided. You may be required to work in the office if you do not have an adequate home work environment and the required internet connection.***

Job Posting End Date: