What are the responsibilities and job description for the Financial Reporting Consultant - Life & Annuity Product Accounting position at Securian?
Overview:
TheFinancial ReportingConsultant supportsthe growth of Securian's Individual Life and Individual Annuity businessesthrough theirleadership in financial reporting. As Individual Solutions expands its affiliate reinsurance strategy through Securian Re, this position will help shape and support the financial infrastructure needed to manage increasingly complex products, entities, and accounting frameworks.
This role willisresponsible for thereinsurance and product accounting across statutory, GAAP, and Bermuda economic accounting bases. This role will partneracrossfinance, actuarial, and business teams to deliveraccuratereporting, meaningful financial insights, and strong operational governance. The position offers a unique opportunity tobuild for our future growthandinform business management.
Responsibilitiesinclude but are not limited to:
Accounting & Financial Reporting
Determineaccounting treatment forIndividualSolutionsproductsand reinsurance structures, includingstatutory, GAAP, and Bermuda accounting bases.
Prepare journal entries, reconciliations, financial statements, and supporting schedules for monthly and quarterly reporting.
Validate and testaccountingsystem results;develop proceduresand controlsto ensureaccuratefinancial reporting.
Support reporting across multiplelegalentities, including Minnesota Life, Securian Life, and Securian Re.
Financial Analysis & Planning
Analyze financial results and key business drivers across products, entities, and accounting lenses.
Supportgoals andplansactivitiesforIndividual Solutions and Securian Re.
Provideinsightstoleadershiponprofitability, capital efficiency, and business performance.
Audit, Governance & Process Improvement
Support audits, regulatory reviews, and communications with auditors, examiners, and rating agencies.
Maintain strong documentation, controls, and accounting governance practices.
Identifyand implement process improvements to enhance reporting efficiency and effectiveness.
Participate in strategic projects and initiatives related to Securian Re, including future deals.
Qualifications:
Accounting experience with exposure to statutory, management-based, tax and GAAP for financial reporting and budgeting.
Bachelor's degree (preferably in Accounting, Finance, or Math).
Demonstrated analytical skills to review and analyze financial statements.
Ability to communicate and work with a variety of stakeholders.
Excellent attention to detail.
Preferred Qualifications:
Knowledge of insurance accounting concepts and products, including individual life and individual annuities.
Reinsurance accounting experience.
Securian Financial believes in hybrid work as an integral part of our culture. Associates get the benefit of working both virtually and in our offices. If you're in a commutable distance (90 minutes), you'll join us 3 days each week in our offices to collaborate and build relationships. Our policy allows flexibility for the reality of business and personal schedules.
Preferred Skills:
Analytical Thinking, Cash Flow Management, Collaboration, Critical Thinking, Data Analysis, Detail-Oriented, Financial Forecasting, Problem Solving, Statement AnalysisThe estimated base pay range for this job is:
Pay may vary depending on job-related factors and individual experience, skills, knowledge, etc. More information on base pay and incentive pay (if applicable) can be discussed with a member of the Securian Financial Talent Acquisition team.
Be you. With us. At Securian Financial, we understand that attracting top talent means offering more than just a job - it means providing a rewarding and fulfilling career. As a valued member of our high-performing team, we want you to connect with your work, your relationships and your community. Enjoy our comprehensive range of benefits designed to enhance your professional growth, well-being and work-life balance, including the advantages listed here:
Paid time off:
We want you to take time off for what matters most to you. Our PTO program provides flexibility for associates to take meaningful time away from work to relax, recharge and spend time doing what's important to them. And Securian Financial rewards associates for their service by providing additional PTO the longer you stay at Securian.
Leave programs: Securian's flexible leave programs allow time off from work for parental leave, caregiver leave for family members, bereavement and military leave.
Holidays: Securian provides nine company paid holidays.
Company-funded pension plan and a 401(k) retirement plan: Share in the success of our company. Securian's 401(k) company contribution is tied to our performance up to 10 percent of eligible earnings, with a target of 5 percent. The amount is based on company results compared to goals related to earnings, sales and service.
Health insurance: From the first day of employment, associates and their eligible family members - including spouses, domestic partners and children - are eligible for medical, dental and vision coverage.
Volunteer time: We know the importance of community. Through company-sponsored events, volunteer paid time off, a dollar-for-dollar matching gift program and more, we encourage you to support organizations important to you.
Associate Resource Groups: Build connections, be yourself and develop meaningful relationships at work through associate-led ARGs. Dedicated groups focus on a variety of interests and affinities, including:
Mental Wellness and Disability
Pride at Securian Financial
Securian Young Professionals Network
Securian Multicultural Network
Securian Women and Allies Network
Servicemember Associate Resource Group
For more information regarding Securian's benefits, please review our Benefits page.
This information is not intended to explain all the provisions of coverage available under these plans. In all cases, the plan document dictates coverage and provisions.
Securian Financial Group, Inc. does not discriminate based on race, color, religion, national origin, sex, gender, gender identity, sexual orientation, age, marital or familial status, pregnancy, disability, genetic information, political affiliation, veteran status, status in regard to public assistance or any other protected status. If you are a job seeker with a disability and require an accommodation to apply for one of our jobs, please contact us by email at Employment@Securian.com, by telephone 651-655-5522 (voice), or 711 (Relay/TTY).
To view our privacy statement click here
To view our legal statement click here
Securian Financial Group, Inc. considers applicants for all positions without regard to race, color, creed, religion, national origin, sex, gender identity, sexual orientation, genetic information, age, marital or familial status, status with regard to public assistance, disability, or Veteran status. All applicants will be considered solely on the basis of their qualifications.
Salary : $73,700 - $136,800