What are the responsibilities and job description for the Staff Accountant position at Wilton Re?
We are searching for an experienced Staff Accountant at our Connecticut office.
Staff Accountant
Full Time
Norwalk, CT
About The Company
Wilton Re is an industry leader in the life (re)insurance space, specializing in the acquisition of in force life insurance and annuities. We are experienced industry specialists focused on the risk, capital and operational needs of our clients’ businesses. We provide our clients with the services they need from in force transactions and product development to underwriting and new business strategies.
Wilton Re has the resources and expertise to pursue and successfully manage the largest life and annuity transactions in the market.
Position Summary
The Staff Accountant will prepare workpapers and assist with the following key processes within the accounting department:
Completion of account reconciliation; drive improvements in account reconciliation process; ensuring resolution of any identified reconciling issues.,
Assist with the quarter close process including creation of journal entries, report preparation and completion of key business analysis.
Assist with the preparation of financial statements and footnote disclosures in accordance with U.S.Statutory and U.S. GAAP reporting.
Assist with the preparation of annual and quarterly regulatory reports and filings.
Assist on the preparation of quarterly management and board reports.
In addition to the above items, the Staff Accountant position will assist with the preparation of certain relevant internal controls for SOX compliance. This position will have the opportunity to interact with various areas and departments across the Finance organization with great long-term growth opportunities, including interaction with senior level management.
Role Responsibilities
Assist in the quarterly close process including, but not limited to:
Preparation of journal entries
Statutory
GAAP
Corporate
Assist with the preparation of certain Balance Sheet tie outs, key controls and account reconciliations
Receive and process reporting from third parties
Prepare and provide reporting to third parties
Assist in continuous process improvements, including identification and implementation of opportunities for process and control enhancements
Assist In The Preparation And Related Filing Of
Annual Statutory Audited Financial Statements
Quarterly and Annual U.S. Statutory filed Financial Statements and Supplements
U.S. GAAP Audited Financial Statements
Assist with the annual internal and external audits, as well as Department of Insurance examinations as needed
Assist with the preparation of other various regulatory and rating agency reporting requirements
Assist in the data governance process, including communications with third party administrators
Perform other related duties as required, based on the changing goals and objectives of the department and organization
Basic Qualifications
Fundamental understanding of accounting concepts
Introductory level understanding of U.S. GAAP
Continuous improvement mindset with the ability to ‘think outside the box’ to improve processes
Excellent interpersonal, communication and collaboration skills
Strong Analytical Capabilities And Good Organizational Skills
Motivated with ability to take initiative and manage competing priorities while consistently hitting deadlines
Proficiency in Microsoft Office Suite, particularly Excel and SharePoint
Exposure to US Statutory accounting principles a plus
Life (re)insurance experience, including statutory and U.S. GAAP reporting a plus
Experience with statutory regulatory reporting software a plus
Experience with BlackLine or Workiva a plus
Strong data and system integration skills
Required Education / Certifications
BS or BA in Accounting or Finance preferred
Minimum 2 years of accounting experience in public accounting or private sector
Mathematics Or Other With Equivalent Accounting Experience
Candidate with CPA or MBA a plus
Pay/Location
Norwalk, CT
Hybrid Structure
Minimal to no travel required
Base salary/hourly rate range for this position in Connecticut is between $70,000 and $110,000 Please note that specific compensation decisions are based upon a variety of job-related factors as permitted by law, including geographic location, credentials, skills, education, training, and experience.
Base salary is just one component of Wilton Re’s total compensation package for employees. Additional compensation includes annual performance-based bonus, 401K with employer contribution, and profit-sharing program. Employee may also be eligible for long-term incentives (equity). All incentives and benefits are subject to the applicable plan terms.
What We Offer
Competitive vacation and sick time, including company-paid holidays, floating holidays and early closing days
401(k) plan with employer contribution - US Employees Only
Profit Sharing Program
Competitive parental leave
Health, vision, dental, and life insurance, including access to health and wellness programs
Actuarial Development Program (ADP) for Actuarial employees taking exams
Employee Assistance Program (EAP)
Current hybrid working environment
Employee Engagement Events and various committees on site to join
Wilton Re strives to attract, develop, and retain a diverse workforce. We are committed to providing an inclusive and accessible work environment where all associates feel valued, respected, and supported. Our commitment to inclusivity is reflected in the safeguards, policies, and commitments we have in place to remove barriers and provide equal opportunities to prospective and current associates, without discrimination. A Human Resources representative is available to consult with applicants who require accommodation in the application or recruitment process. Any information shared by the applicant about an accommodation will be treated as confidential.
To All Recruitment Agencies: Please do not send any resumes or solicitations regarding open positions to Wilton Re employees unless you have been requested to work on this position or other positions with Wilton Re; please reach out to your main point of contact. Wilton Re is not responsible for any fees related to unsolicited resumes.
Staff Accountant
Full Time
Norwalk, CT
About The Company
Wilton Re is an industry leader in the life (re)insurance space, specializing in the acquisition of in force life insurance and annuities. We are experienced industry specialists focused on the risk, capital and operational needs of our clients’ businesses. We provide our clients with the services they need from in force transactions and product development to underwriting and new business strategies.
Wilton Re has the resources and expertise to pursue and successfully manage the largest life and annuity transactions in the market.
Position Summary
The Staff Accountant will prepare workpapers and assist with the following key processes within the accounting department:
Completion of account reconciliation; drive improvements in account reconciliation process; ensuring resolution of any identified reconciling issues.,
Assist with the quarter close process including creation of journal entries, report preparation and completion of key business analysis.
Assist with the preparation of financial statements and footnote disclosures in accordance with U.S.Statutory and U.S. GAAP reporting.
Assist with the preparation of annual and quarterly regulatory reports and filings.
Assist on the preparation of quarterly management and board reports.
In addition to the above items, the Staff Accountant position will assist with the preparation of certain relevant internal controls for SOX compliance. This position will have the opportunity to interact with various areas and departments across the Finance organization with great long-term growth opportunities, including interaction with senior level management.
Role Responsibilities
Assist in the quarterly close process including, but not limited to:
Preparation of journal entries
Statutory
GAAP
Corporate
Assist with the preparation of certain Balance Sheet tie outs, key controls and account reconciliations
Receive and process reporting from third parties
Prepare and provide reporting to third parties
Assist in continuous process improvements, including identification and implementation of opportunities for process and control enhancements
Assist In The Preparation And Related Filing Of
Annual Statutory Audited Financial Statements
Quarterly and Annual U.S. Statutory filed Financial Statements and Supplements
U.S. GAAP Audited Financial Statements
Assist with the annual internal and external audits, as well as Department of Insurance examinations as needed
Assist with the preparation of other various regulatory and rating agency reporting requirements
Assist in the data governance process, including communications with third party administrators
Perform other related duties as required, based on the changing goals and objectives of the department and organization
Basic Qualifications
Fundamental understanding of accounting concepts
Introductory level understanding of U.S. GAAP
Continuous improvement mindset with the ability to ‘think outside the box’ to improve processes
Excellent interpersonal, communication and collaboration skills
Strong Analytical Capabilities And Good Organizational Skills
Motivated with ability to take initiative and manage competing priorities while consistently hitting deadlines
Proficiency in Microsoft Office Suite, particularly Excel and SharePoint
Exposure to US Statutory accounting principles a plus
Life (re)insurance experience, including statutory and U.S. GAAP reporting a plus
Experience with statutory regulatory reporting software a plus
Experience with BlackLine or Workiva a plus
Strong data and system integration skills
Required Education / Certifications
BS or BA in Accounting or Finance preferred
Minimum 2 years of accounting experience in public accounting or private sector
Mathematics Or Other With Equivalent Accounting Experience
Candidate with CPA or MBA a plus
Pay/Location
Norwalk, CT
Hybrid Structure
Minimal to no travel required
Base salary/hourly rate range for this position in Connecticut is between $70,000 and $110,000 Please note that specific compensation decisions are based upon a variety of job-related factors as permitted by law, including geographic location, credentials, skills, education, training, and experience.
Base salary is just one component of Wilton Re’s total compensation package for employees. Additional compensation includes annual performance-based bonus, 401K with employer contribution, and profit-sharing program. Employee may also be eligible for long-term incentives (equity). All incentives and benefits are subject to the applicable plan terms.
What We Offer
Competitive vacation and sick time, including company-paid holidays, floating holidays and early closing days
401(k) plan with employer contribution - US Employees Only
Profit Sharing Program
Competitive parental leave
Health, vision, dental, and life insurance, including access to health and wellness programs
Actuarial Development Program (ADP) for Actuarial employees taking exams
Employee Assistance Program (EAP)
Current hybrid working environment
Employee Engagement Events and various committees on site to join
Wilton Re strives to attract, develop, and retain a diverse workforce. We are committed to providing an inclusive and accessible work environment where all associates feel valued, respected, and supported. Our commitment to inclusivity is reflected in the safeguards, policies, and commitments we have in place to remove barriers and provide equal opportunities to prospective and current associates, without discrimination. A Human Resources representative is available to consult with applicants who require accommodation in the application or recruitment process. Any information shared by the applicant about an accommodation will be treated as confidential.
To All Recruitment Agencies: Please do not send any resumes or solicitations regarding open positions to Wilton Re employees unless you have been requested to work on this position or other positions with Wilton Re; please reach out to your main point of contact. Wilton Re is not responsible for any fees related to unsolicited resumes.
Salary : $70,000 - $110,000