What are the responsibilities and job description for the AVP, Accounting Policy position at Oliver James?
About The Company
Our client is a well-established and highly respected organization within the life insurance and reinsurance sector. The firm specializes in complex life and annuity businesses and is known for its deep expertise across risk management, capital solutions, and operational execution. With a strong track record of successfully managing large-scale transactions, the organization continues to invest in its finance function to support long-term growth and increasing complexity.
Position Summary
The AVP, Accounting Policy will play a critical role in supporting the continued evolution of the finance organization. This individual will serve as the primary authority on technical accounting matters, providing research, interpretation, and application of current and emerging accounting guidance. The role will partner closely with senior finance leaders to ensure compliance with U.S. GAAP and Statutory accounting standards, support new transactions and initiatives, and assist with the implementation of new accounting standards. The position will also contribute to financial reporting processes and Sarbanes-Oxley compliance.
Key Responsibilities
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Our client is a well-established and highly respected organization within the life insurance and reinsurance sector. The firm specializes in complex life and annuity businesses and is known for its deep expertise across risk management, capital solutions, and operational execution. With a strong track record of successfully managing large-scale transactions, the organization continues to invest in its finance function to support long-term growth and increasing complexity.
Position Summary
The AVP, Accounting Policy will play a critical role in supporting the continued evolution of the finance organization. This individual will serve as the primary authority on technical accounting matters, providing research, interpretation, and application of current and emerging accounting guidance. The role will partner closely with senior finance leaders to ensure compliance with U.S. GAAP and Statutory accounting standards, support new transactions and initiatives, and assist with the implementation of new accounting standards. The position will also contribute to financial reporting processes and Sarbanes-Oxley compliance.
Key Responsibilities
- Lead technical accounting research and prepare written documentation for complex transactions, new business initiatives, acquisitions, and contract structures
- Partner with controllers and cross-functional finance teams (including actuarial, investments, tax, and reporting) to provide technical accounting guidance and ensure financial integrity
- Evaluate and lead the implementation of new U.S. GAAP and Statutory accounting pronouncements
- Monitor emerging accounting and regulatory developments and advise management on financial and operational impacts, including changes affecting statutory annual statements
- Represent the organization at relevant industry forums and accounting committees
- Support quarterly and annual financial reporting processes, including U.S. GAAP and Statutory filings
- Assist in the preparation and review of consolidated audited financial statements
- Support the year-end audit process and serve as a key liaison with internal and external auditors
- Collaborate across the organization on finance-related projects and initiatives
- Provide training and guidance to management and staff on technical accounting policies and topics
- 7 years of progressive accounting experience
- Prior experience in a technical accounting role strongly preferred
- Big 4 public accounting experience or a blend of public and private accounting experience
- Required experience with life insurance and reinsurance accounting
- Deep expertise in U.S. GAAP technical accounting, including ASC 944, 805, 810, 323, 820, as well as CECL and LDTI
- Strong knowledge of U.S. Statutory accounting, including SSAP 26, 43, 51, 56, 61, and 86
- Advanced ability to research, interpret, and document accounting guidance and policies
- Proactive, self-directed professional with strong judgment and deadline management skills
- Strong advisory mindset with the ability to build effective partnerships across finance teams
- Experience with accounting standard implementations and special projects preferred
- Excellent organizational, analytical, and problem-solving skills
- Strong written and verbal communication skills, with the ability to translate complex accounting concepts for varied audiences
- Proficiency in Microsoft Office; experience with tools such as BlackLine, NetSuite, or Workiva is a plus
- Bachelor’s degree in Accounting required
- CPA required
- Norwalk, CT
- Hybrid work environment
- Competitive paid time off, holidays, and flexible scheduling
- 401(k) with employer contribution and profit-sharing opportunities
- Comprehensive health, dental, vision, and life insurance coverage
- Competitive parental leave and employee wellness programs
- Employee assistance and engagement programs
- Commitment to fostering an inclusive, supportive, and diverse workplace
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