Principal, Accounting Policy
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About the role
Key Responsibilities:
Monitor emerging accounting and reporting developments from standard-setting and regulatory bodies, including FASB, SEC, NAIC, IASB, and other relevant organizations.
Lead the evaluation, implementation, and adoption of new accounting and reporting standards across the organization.
Develop, maintain, and communicate accounting policies that align with U.S. GAAP and Statutory Accounting Principles.
Serve as a technical accounting advisor on complex and non-routine transactions, including acquisitions, reinsurance arrangements, investments, business combinations, and other strategic initiatives.
Partner with Investment Accounting, Financial Reporting, Actuarial, Tax, Compliance, and business leaders to assess accounting implications of proposed transactions and business decisions.
Support external audit activities and serve as a key liaison with auditors on technical accounting matters, financial statement issues, and regulatory compliance topics.
Research and resolve complex accounting, statutory, and regulatory inquiries from stakeholders across the enterprise.
Coordinate cross-functional projects associated with new accounting guidance, ensuring timely implementation and organizational readiness.
Develop and deliver technical accounting training programs and presentations for accounting, actuarial, and business teams.
Participate in industry advocacy efforts and monitor developments affecting the insurance industry.
Lead special projects and strategic initiatives as assigned.
Core Competencies (Skills, Knowledge and Abilities):
Advanced technical expertise in U.S. GAAP accounting and financial reporting.
Strong knowledge of insurance accounting principles and regulatory reporting requirements.
Ability to analyze complex transactions and translate technical guidance into practical business solutions.
Proven ability to influence and advise senior leaders and cross-functional stakeholders.
Strong project management skills with the ability to coordinate multiple priorities and deadlines.
Excellent research and problem-solving capabilities.
Effective presentation and training skills with the ability to communicate complex topics to diverse audiences.
Strong negotiation and stakeholder management abilities.
Exceptional written and verbal communication skills.
High attention to detail and commitment to accuracy.
Ability to build collaborative relationships across business, finance, and regulatory functions.
Proficiency with Microsoft Office applications.
Required Qualifications:
Bachelor's degree in Accounting or equivalent accounting-focused coursework.
Certified Public Accountant (CPA) designation.
Minimum of 7 years of technical accounting experience.
Experience interpreting and applying U.S. GAAP guidance.
Demonstrated ability to research and resolve complex accounting issues.
Experience managing projects and driving cross-functional initiatives.
Proven ability to interact with and influence senior leadership on complex accounting matters.
Preferred Qualifications:
10-12 years of progressive accounting experience.
Public accounting experience, particularly with a Big Four accounting firm.
Life insurance industry experience.
Experience within an insurance carrier environment.
Accounting policy and technical accounting experience.
Knowledge of Statutory Accounting Principles (SAP) and regulatory reporting.
Experience supporting acquisitions, reinsurance transactions, and complex investment structures.
Master's degree in Accounting.
Familiarity with IFRS and international accounting standards.
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