Lincoln Financial Group
Reinsurance Accounting- Senior Talent
Lincoln Financial Group, Los Angeles, California, United States, 90079
Alternate Locations:
Atlanta, GA; Austin, TX; Bakersfield, CA; Baltimore, MD; Baton Rouge, LA; Birmingham, AL; Boise, ID; Boston, MA; Buffalo, NY; Canonsburg, PA; Charlotte, NC; Chicago, IL; Cincinnati, OH; Clearwater, FL; Cleveland, OH; Columbia, MD; Columbia, SC; Columbus, OH; Concord, NH; Dallas, TX; Deerfield Beach, FL; Denver, CO; Detroit, MI; Dover, NH; Durham, NC; Edina, MN; Edison, NJ; El Paso, TX; Ellicott City, MD; Fayetteville, SC; Florence, SC; Fort Lauderdale, FL; Fort Wayne, IN; Fort Worth, TX; Gainesville, FL; Glen Allen, VA; Glendale, CA; Greensboro, NC; Greenwood Village, CO; Hartford, CT; Houston, TX; Huntsville, AL; Indianapolis, IN; Irvine, CA; Jacksonville, FL; Johnson City, TN; Kansas City, KS; Kansas City, MO; La Jolla, CA; Lexington, KY; Los Angeles, CA; Louisville, KY; Lutherville, MD; Madison, WI; Memphis, TN; Miami, FL; Milwaukee, WI; Minneapolis, MN; Nashville, TN; New Braunfels, TX; New York, NY; Norwood, OH; Omaha, NE; Orlando, FL; Palm Desert, CA; Paramus, NJ; Parsippany, NJ; Philadelphia, PA; Phoenix, AZ; Pittsburgh, PA; Plano, TX; Plymouth Meeting, PA; Portland, ME; Portland, OR; Provo-Orem, UT; Radnor, PA; Raleigh, NC; Richmond, VA; Rochester, NY; Rockville, MD; Rolling Meadows, IL; Rye Brook, NY; Sacramento, CA; Salt Lake City, UT; San Antonio, TX; San Diego, CA; San Francisco, CA; San Ramon, CA; Schaumburg, IL; Scottsdale, AZ; Seattle, WA; Southfield, MI; St. Louis, MO; St. Petersburg, FL; Syosset, NY; Tampa, FL; Toledo, OH; Tucson, AZ; Tupelo, MS; US All Regions; US Midwest; US Northeast; US Southeast; US Southwest; US West; Vienna, VA; Virginia Beach, VA; Walnut Creek, CA; Washington, DC; West Palm Beach, FL; Westlake Village, CA; White Plains, NY; Windsor, CT; Woodmere, OH; Work from Home. Work Arrangement:
Remote: Work at home employee residing outside of a commutable distance to an office location. Relocation assistance:
is not available for this opportunity. Requisition #:
73985 General Purpose of Job:
This position will provide leadership and direction to ensure group results for their assigned Reinsurance accounting area(s) of responsibility. They will direct the preparation, recording, analysis, and reporting of complex Reinsurance accounting transactions and ensure the integrity of accounting records for completeness, accuracy and compliance with accepted accounting policies and principles. Part of this strategy also entails strategic reinsurance deals, and as they move to the future, these transactions will help us add tremendous value and reinforce a long-term commitment as stewards of Lincoln’s capital. The Role at a Glance:
As a Senior Reinsurance Accounting resource, you will manage staff, help lead the onboarding of new strategic reinsurance transactions and administration of existing reinsurance. This role will require working with various business areas and key stakeholders to evaluate the structure of reinsurance transactions to identify and communicate accounting issues, propose accounting resolutions, and communicate status to accounting stakeholders. In this position you will collaborate within the Chief Accounting Office to provide clarity, on a GAAP and STAT basis and the reporting of new and existing reinsurance transactions, overseeing onshore and offshore affiliate captive reinsurance. Support the monthly and/or quarterly close process and reinsurance GAAP and Statutory financial reporting requirements. What you'll be doing: Evaluate reinsurance transactions, their structure and financial accounting implications of these transactions. Draw on your years of experience in identifying and recommending best practice opportunities to improve efficiencies as new reinsurance processes are established. Ability to read reinsurance treaty agreements and apply concepts in the agreements to the appropriate accounting and administrative approach. Research accounting guidance and apply appropriate accounting guidance to complex reinsurance transactions and structures. Understand, evaluate, and conclude on risk transfer as it applies to new transactions on both a GAAP and Statutory basis. Collaborate on proforma financial statements for new and/or amended reinsurance accounting transactions. Review and analyze proforma financial statements to determine impacts of the transactions to the enterprise and ensure proforma financial statement reporting is accurate. Explain the financial statement impacts of the reinsurance transaction to key stakeholders and leaders. Evaluate treaty administrative implications of reinsurance structures to ensure the Reinsurance Accounting team can support ongoing administrative requirements. Support a timely and accurate monthly and quarterly financial close process. Develop control processes to ensure effective procedures are in place to support internal operating and SOX controls as new transactions are established. Provide training and development opportunities, including stretch assignments, for team members. Establish and implement individual and team priorities, performance goals and objectives. Manage and evaluate individual/team performance and take appropriate action to meet and/or exceed performance standards. Develop and maintain a strong relationship with internal/external auditors as applicable and ensure identified issues are resolved in a collaborative manner. What we’re looking for: 5+ Years of experience in Reinsurance accounting that directly aligns with the specific responsibilities for this position, including 3+ years of managerial, supervisory, and/or demonstrated leadership experience. CPA Certification is a plus. Demonstrated ability to successfully hire, retain, develop and coach staff via a culture of real-time performance feedback. Strong relationship management skills with internal clients. Demonstrated ability to identify and recommend processes improvements. Demonstrates strong project management leadership skills. Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook). Application Deadline:
Applications accepted until 3/31/25. What’s it like to work here?
At Lincoln Financial Group, we love what we do. We make meaningful contributions each and every day to empower our customers to take charge of their lives. What’s in it for you:
Clearly defined career tracks and job levels, along with associated behaviors for each Lincoln leadership Attribute. Leadership development and virtual training opportunities. PTO/parental leave. Competitive 401K and employee benefits. Free financial counseling, health coaching and employee assistance program. Tuition assistance program. A leadership team that prioritizes your health and well-being; offering a remote work environment and flexible work hybrid situations. About The Company:
Lincoln Financial Group helps people to plan, protect and retire with confidence. As of Dec. 31, 2023, approximately 17 million customers trust our guidance and solutions across four core businesses – annuities, life insurance, group protection and retirement plan services. Lincoln is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer.
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Atlanta, GA; Austin, TX; Bakersfield, CA; Baltimore, MD; Baton Rouge, LA; Birmingham, AL; Boise, ID; Boston, MA; Buffalo, NY; Canonsburg, PA; Charlotte, NC; Chicago, IL; Cincinnati, OH; Clearwater, FL; Cleveland, OH; Columbia, MD; Columbia, SC; Columbus, OH; Concord, NH; Dallas, TX; Deerfield Beach, FL; Denver, CO; Detroit, MI; Dover, NH; Durham, NC; Edina, MN; Edison, NJ; El Paso, TX; Ellicott City, MD; Fayetteville, SC; Florence, SC; Fort Lauderdale, FL; Fort Wayne, IN; Fort Worth, TX; Gainesville, FL; Glen Allen, VA; Glendale, CA; Greensboro, NC; Greenwood Village, CO; Hartford, CT; Houston, TX; Huntsville, AL; Indianapolis, IN; Irvine, CA; Jacksonville, FL; Johnson City, TN; Kansas City, KS; Kansas City, MO; La Jolla, CA; Lexington, KY; Los Angeles, CA; Louisville, KY; Lutherville, MD; Madison, WI; Memphis, TN; Miami, FL; Milwaukee, WI; Minneapolis, MN; Nashville, TN; New Braunfels, TX; New York, NY; Norwood, OH; Omaha, NE; Orlando, FL; Palm Desert, CA; Paramus, NJ; Parsippany, NJ; Philadelphia, PA; Phoenix, AZ; Pittsburgh, PA; Plano, TX; Plymouth Meeting, PA; Portland, ME; Portland, OR; Provo-Orem, UT; Radnor, PA; Raleigh, NC; Richmond, VA; Rochester, NY; Rockville, MD; Rolling Meadows, IL; Rye Brook, NY; Sacramento, CA; Salt Lake City, UT; San Antonio, TX; San Diego, CA; San Francisco, CA; San Ramon, CA; Schaumburg, IL; Scottsdale, AZ; Seattle, WA; Southfield, MI; St. Louis, MO; St. Petersburg, FL; Syosset, NY; Tampa, FL; Toledo, OH; Tucson, AZ; Tupelo, MS; US All Regions; US Midwest; US Northeast; US Southeast; US Southwest; US West; Vienna, VA; Virginia Beach, VA; Walnut Creek, CA; Washington, DC; West Palm Beach, FL; Westlake Village, CA; White Plains, NY; Windsor, CT; Woodmere, OH; Work from Home. Work Arrangement:
Remote: Work at home employee residing outside of a commutable distance to an office location. Relocation assistance:
is not available for this opportunity. Requisition #:
73985 General Purpose of Job:
This position will provide leadership and direction to ensure group results for their assigned Reinsurance accounting area(s) of responsibility. They will direct the preparation, recording, analysis, and reporting of complex Reinsurance accounting transactions and ensure the integrity of accounting records for completeness, accuracy and compliance with accepted accounting policies and principles. Part of this strategy also entails strategic reinsurance deals, and as they move to the future, these transactions will help us add tremendous value and reinforce a long-term commitment as stewards of Lincoln’s capital. The Role at a Glance:
As a Senior Reinsurance Accounting resource, you will manage staff, help lead the onboarding of new strategic reinsurance transactions and administration of existing reinsurance. This role will require working with various business areas and key stakeholders to evaluate the structure of reinsurance transactions to identify and communicate accounting issues, propose accounting resolutions, and communicate status to accounting stakeholders. In this position you will collaborate within the Chief Accounting Office to provide clarity, on a GAAP and STAT basis and the reporting of new and existing reinsurance transactions, overseeing onshore and offshore affiliate captive reinsurance. Support the monthly and/or quarterly close process and reinsurance GAAP and Statutory financial reporting requirements. What you'll be doing: Evaluate reinsurance transactions, their structure and financial accounting implications of these transactions. Draw on your years of experience in identifying and recommending best practice opportunities to improve efficiencies as new reinsurance processes are established. Ability to read reinsurance treaty agreements and apply concepts in the agreements to the appropriate accounting and administrative approach. Research accounting guidance and apply appropriate accounting guidance to complex reinsurance transactions and structures. Understand, evaluate, and conclude on risk transfer as it applies to new transactions on both a GAAP and Statutory basis. Collaborate on proforma financial statements for new and/or amended reinsurance accounting transactions. Review and analyze proforma financial statements to determine impacts of the transactions to the enterprise and ensure proforma financial statement reporting is accurate. Explain the financial statement impacts of the reinsurance transaction to key stakeholders and leaders. Evaluate treaty administrative implications of reinsurance structures to ensure the Reinsurance Accounting team can support ongoing administrative requirements. Support a timely and accurate monthly and quarterly financial close process. Develop control processes to ensure effective procedures are in place to support internal operating and SOX controls as new transactions are established. Provide training and development opportunities, including stretch assignments, for team members. Establish and implement individual and team priorities, performance goals and objectives. Manage and evaluate individual/team performance and take appropriate action to meet and/or exceed performance standards. Develop and maintain a strong relationship with internal/external auditors as applicable and ensure identified issues are resolved in a collaborative manner. What we’re looking for: 5+ Years of experience in Reinsurance accounting that directly aligns with the specific responsibilities for this position, including 3+ years of managerial, supervisory, and/or demonstrated leadership experience. CPA Certification is a plus. Demonstrated ability to successfully hire, retain, develop and coach staff via a culture of real-time performance feedback. Strong relationship management skills with internal clients. Demonstrated ability to identify and recommend processes improvements. Demonstrates strong project management leadership skills. Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook). Application Deadline:
Applications accepted until 3/31/25. What’s it like to work here?
At Lincoln Financial Group, we love what we do. We make meaningful contributions each and every day to empower our customers to take charge of their lives. What’s in it for you:
Clearly defined career tracks and job levels, along with associated behaviors for each Lincoln leadership Attribute. Leadership development and virtual training opportunities. PTO/parental leave. Competitive 401K and employee benefits. Free financial counseling, health coaching and employee assistance program. Tuition assistance program. A leadership team that prioritizes your health and well-being; offering a remote work environment and flexible work hybrid situations. About The Company:
Lincoln Financial Group helps people to plan, protect and retire with confidence. As of Dec. 31, 2023, approximately 17 million customers trust our guidance and solutions across four core businesses – annuities, life insurance, group protection and retirement plan services. Lincoln is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer.
#J-18808-Ljbffr