What are the responsibilities and job description for the Manager Financial Reporting position at Progressive Insurance?
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As a manager of financial reporting on the Reinsurance Accounting team, you’ll coordinate the financial reporting function. You’ll ensure accounting and financial reports are timely and accurate and align with accepted accounting principles and regulations. In this role, you’ll lead the specialized reinsurance financial unit and manage a staff of three to six financial specialists, associate financial reporting managers, and administrative staff members. In addition, you’ll be leading all aspects of employment decisions, performance management, compensation and reward planning, employee development, and monitoring of department budget.
Remote work allowed, with occasional travel to our Mayfield Village, OH headquarters.
Must-have Qualifications
Equal Opportunity Employer
Sponsorship for work authorization is not available for this position.
For ideas about how you might be able to protect yourself from job scams, visit our scam-awareness page at https://www.progressive.com/careers/how-we-hire/faq/job-scams/
As a manager of financial reporting on the Reinsurance Accounting team, you’ll coordinate the financial reporting function. You’ll ensure accounting and financial reports are timely and accurate and align with accepted accounting principles and regulations. In this role, you’ll lead the specialized reinsurance financial unit and manage a staff of three to six financial specialists, associate financial reporting managers, and administrative staff members. In addition, you’ll be leading all aspects of employment decisions, performance management, compensation and reward planning, employee development, and monitoring of department budget.
Remote work allowed, with occasional travel to our Mayfield Village, OH headquarters.
Must-have Qualifications
- Bachelor's degree or higher in Accounting or related field of study (e.g., Finance) and a minimum of 6 years specialized accounting (e.g., reinsurance, investments), financial reporting, or public accounting experience, with at least 3 years leadership experience (e.g., management).
- Reinsurance experience in Property and/or Commercial Lines.
- Expertise in reinsurance recoverable (e.g., aging, credit risk assessment, and credit loss impairment). collateral management (e.g., trusts, LOCs, and funds withheld), and experience with commutations, novations, and complex retrocession programs.
- Strong understanding of the closing processes (e.g., monthly/quarterly close, reconciliations, eliminations, and intercompany/retrocession).
- Advanced skills in Excel (e.g., Power Query, pivot modeling), Workiva or similar for controls/reporting, and Enterprise Resource Planning ERP (Workday), and the ability to design data quality checks and support interfaces (e.g., actuarial, claims, underwriting, and treasury).
- Demonstrated experience with project and people leadership, and knowledge of quality and audit processes and standard methodologies.
- $100,100 - $143,000/year
- Gainshare bonus up to 40% of your eligible earnings based on company performance
- 401(k) with dollar-for-dollar company match up to 6%
- Medical, dental & vision, including free preventative care
- Wellness & mental health programs
- Health care flexible spending accounts, health savings accounts, & life insurance
- Paid time off including volunteer time off
- Paid & unpaid sick leave where applicable, as well as short & long-term disability
- Parental & family leave; military leave & pay
- Diverse, inclusive & welcoming culture with Employee Resource Groups
- Career development & tuition assistance
- Onsite gym & healthcare at large locations
Equal Opportunity Employer
Sponsorship for work authorization is not available for this position.
For ideas about how you might be able to protect yourself from job scams, visit our scam-awareness page at https://www.progressive.com/careers/how-we-hire/faq/job-scams/
Salary : $100,100 - $143,000