Financial Reporting Accountant at Securian Financial Group
Savage, MN 55378
About the Job
Join our dynamic Institutional Retirement Solutions (IRS) finance team as a Financial Reporting Accountant. You'll work with a diverse range of clients, focusing on the retirement recordkeeping market and reinsurance. Our team partners with a third-party administrator to prepare GAAP and Statutory financial statements. You'll collaborate closely with internal and external auditors, and prepare various schedules and exhibits for reporting requirements, including rating agency presentations and internal data for senior management.
Responsibilities include but not limited to:
Qualifications:
Preferred Qualifications:
*Internal Securian Financial job title for this position is Financial Reporting Sr. Analyst*
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 2-3 days each week in our offices to collaborate and build relationships. Our policy allows flexibility for the reality of business and personal schedules. When working in our offices at least two days per week isn't feasible (vacations, illness, travel, etc.), an eight day per month standard is an option.
Physical Job Requirements:
The physical job requirements described above are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions of jobs.
The estimated base pay range for this job is:
$56,000.00 - $103,000.00
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 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:
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:
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
Responsibilities include but not limited to:
- Prepares monthly Retirement Recordkeeping reinsurance financial statements and reporting; and ensures timely and accurate processing
- Ensures the accuracy of accounting transactions processed
- Prepares accounting samples for Retirement Recordkeeping transactions to be used as requirements for development of automated accounting feeds
- Develops and documents procedures for testing changes to automated accounting feeds, provides feedback and ensures accuracy of accounting
- Supports the preparation and communication of financial information for auditors, insurance examiners, rating agencies, insurance agencies, and company leaders
- Participates in projects related to financial reporting or financial contracts
- Reconciles monthly settlement statements and financials from third party administrator.
- Liaison for reinsurance relationship with third party administrator. Partners on financial reconciliations and collaborates to resolve accounting issues.
- Identifies opportunities for and leads implementation of process improvements
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 initiative to serve as a resource for team members and independently manage projects
- Written and verbal communication skills to provide superior customer service to a variety of business partners
- Demonstrated analytical skills to review and analyze financial statements and reports
- Understanding the structure of the data within financial and administration systems
- Excellent attention to detail
- Ability to effectively multi-task and meet prescribed deadlines on a continuous basis
Preferred Qualifications:
- Knowledge of insurance concepts and products
- Reinsurance accounting experience
*Internal Securian Financial job title for this position is Financial Reporting Sr. Analyst*
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 2-3 days each week in our offices to collaborate and build relationships. Our policy allows flexibility for the reality of business and personal schedules. When working in our offices at least two days per week isn't feasible (vacations, illness, travel, etc.), an eight day per month standard is an option.
Physical Job Requirements:
- Ability to utilize the keyboard, computer and/or mouse for up to 8 hours per day
- Ability to work at least 40 hours per week
- Ability to utilize the phone and/or virtual meeting platform for 1-4 hours per day
The physical job requirements described above are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions of jobs.
The estimated base pay range for this job is:
$56,000.00 - $103,000.00
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 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. During your first year of hire, you receive a prorated bank of personal days and vacation time depending on your month of hire.
- Leave programs: Securian's flexible leave programs allow time off from work for parental leave, caregiver leave for family members, bereavement and military leave.
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