Senior Investment Reporting Analyst
Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.
Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.
Job Description
The Senior Investment Analyst is responsible for overseeing and reviewing U.S. Statutory (NAIC – National Association of Insurance Commissioners) and U.S. GAAP, regulatory, tax and/or Board financial reporting for separate accounts of the Insurance Company, subsidiaries and affiliates. This role requites a thorough understanding of accounting pronouncements and appropriate application to the investment portfolio.
Additional Job Description
What you will do:
- Responsible for the preparation and review of the quarterly/annual statutory NAIC state financial reporting, supplements, annual audited financial statements and surveys.
- Coordinate investment presentation in the financial statements on a quarterly basis.
- Research and propose new disclosures and modifications to reports in response to new pronouncements, guidelines and investment types.
- Interpret new pronouncements and guidelines issued by authoritative associations in relation to U.S. Statutory, U.S. GAAP, or various regulations.
- Recommend appropriate changes to accounting systems and presentation of information.
- Research and determine document process improvements and system enhancements to increase overall effectiveness and efficiency to support internal and external reporting initiatives.
- Assist with new process and project implementation.
- Responsible for coordinating audits for Investments and explaining Company’s position.
- Responsible for monitoring the reporting database and making adjustments where necessary.
- Respond to ad-hoc reporting requests requiring interpretation of requests, professional formatting and explanation of results.
- Reconcile and research ledger balances for accuracy between multiple systems.
- Preparation of U.S. GAAP Annual Registered Financial Statements
What you will bring:
- Bachelor’s Degree in Accounting
- 4-6 years of financial reporting experience required
- Advanced MS Office Skills (Excel, Access and PowerPoint)
- Understanding of various reporting systems (Blackline, EASY, SAP, PAM, Phoenix, Unit Value Cloud)
What will set you apart:
- Public accounting or investment related financial reporting experience
- Strong knowledge of U.S. Statutory (NAIC) and/or GAAP accounting principles
- Previous experience in investments strongly preferred
- Strong technical and analytical skills with ability to communicate effectively, both written and verbally
- Ability to work both independently and collaboratively in a team environment
- Ability to utilize creativity thinking towards improvement of business processes and internal controls, and follow-thru in all stages from design into implementation
- Attention to detail, analytical acumen and excellent organizational skills with the ability to handle and prioritize multiple and competing priorities
- Self-driven with ability to deal with ambiguity, a willingness to learn and take on additional responsibilities
- Proficient in MS Office, including advanced Excel skills
- Process improvement mindset
- Experience using Alteryx and Wings annual statement software a plus
- Familiarity with Workiva reporting system and WDesk
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 m