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.

The Sr Manager VSA Accounting and Reporting is responsible for overseeing and reviewing U.S. Statutory (NAIC – National Association of Insurance Commissioners) and U.S. GAAP,  regulatory, tax and/or Board accounting and financial reporting for Separate Accounts of the Insurance Company, subsidiaries and affiliates.  This role requires a thorough understanding of accounting pronouncements and appropriate application to the investment portfolio.

What you will do:

• Manage staff responsible for the preparation and review of the quarterly/annual statutory NAIC state financial reporting, supplements, annual audited financial statements, and VSA accounting.
• Oversee investment presentation in the financial statements on a quarterly basis.  
• Support leadership analysis of business results of the areas being accounted for to ensure that all required accounting has been properly performed.
• Manage the design and implementation of controls pertaining to accounting and financial reporting processes.
• Maintain an effective control environment through the mitigation and remediation of control compliance issues.
• 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 for accounting and reporting implications.
• Recommend appropriate changes to accounting systems and presentation of information.
• Oversee process improvements and system enhancements to increase overall effectiveness and efficiency to support internal and external accounting and reporting initiatives.
• Oversee new processes and project implementation.
• Oversee audits for Investments and explaining Company’s position. 

What you will bring:

• Bachelor’s degree in accounting, Finance, related field, or equivalent experience.
• Public accounting or investment related financial reporting experience
• CPA license preferred
• 7+ years of financial reporting experience required
• Advanced MS Office Skills (Excel, Access and PowerPoint)
• 3-5 years of supervisory experience preferred
• 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

***Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time, including CPT/OPT.***

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 means to lead healthy balanced lives results in the best possible work performance.

• Medical, dental, vision and life insurance
• Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
• Tuition reimbursement up to $5,250/year
• Business-casual environment that includes the option to wear jeans
• Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
• Paid volunteer time — 16 hours per calendar year
• Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
• Business Resource Groups (BRGs) –  BRGs facilitate inclusion and collaboration across our business internally and throughout the communities where we live, work and play. BRGs are open to all.

Base Salary Range

The salary range above shows the typical minimum to maximum base salary range for this position in the location listed. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation offered may vary from posted hiring range based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

Equal opportunity employer •  Drug-free workplace

We are an equal opportunity employer with a commitment to diversity.  All individuals, regardless of personal characteristics, are encouraged to apply.  All qualified applicants will receive consideration for employment without regard to age (40 and over), race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law. 

***For remote and hybrid positions you will be required to provide reliable high-speed internet with a wired connection as well as a place in your home to work with limited disruption. You must have reliable connectivity from an internet service provider that is fiber, cable or DSL internet. Other necessary computer equipment, will be provided. You may be required to work in the office if you do not have an adequate home work environment and the required internet connection.***

Job Posting End Date at 12:01 am on:

Want the latest money news and views shaping how we live, work and play? Stay in the know with The Currency  and sign up for Empower’s free newsletter.