One of our top clients in the life insurance space is looking for a Director of Financial Reporting for their office in Hartford, CT area.

This person will be assisting the VP and Head of Finance, US Retirement by overseeing the financial reporting, valuation and planning for the Retirement division. 

Essential Responsibilities

Financial Reporting:

Work closely with the Finance and Reporting teams at the Life company and the Retirement division (UK) to ensure the completeness and accuracy of financial reporting results, on IFRS, US statutory, US GAAP, and other bases. 
Ensure that process documentation and controls are appropriate for the business, and are in accordance with corporate reporting and risk requirements.
Review the appropriateness of accounting policies as developed and applied to the retirement business.
Work closely with the Finance and Reporting teams at the Life company and the Retirement division (UK) to assess impacts on financial results of proposed products, investments and transactions, on IFRS, US statutory, US GAAP, and other bases
Assist with the development and approval of updated assumptions.
Planning and Projections:

Work closely with the Financial Planning & Analysis (FPA) and Modeling teams in producing business plan and projections, including scenarios and sensitivities, MI, forecasts and updates, ensuring sufficient frequency, granularity, accuracy and insight to facilitate appropriate management decision-making. 
Prepare budgets, expense analyses and other financial data.
Work closely with the actuarial teams at the Life company and the Retirement division to calculate and analyze required capital on various bases (US RBC, EC, other).
Expense Management:

Monitor direct and allocated expenses on a monthly basis.  Assist in the analysis of value received for expenses incurred. 
Ensure timely reporting, analysis and communication of the expense position. 
Conduct training for the team on expense and procurement policies and procedures. 
Monitor outstanding expenses and accruals. 
Perform other assignments as directed.
Job Requirements
Education/Certifications

Bachelor’s degree or equivalent - Accounting degree is preferred
Qualified accountant or actuary with strong insurance financial reporting experience
Experience/Knowledge

Minimum 6 -10 years of experience
Financial reporting background required
Solid knowledge of US statutory accounting required; US GAAP/IFRS preferred
Experience in life insurance or annuities required; pension risk transfer (PRT)/payout annuities desirable
Awareness of finance best practice and controls required
Understanding of the general business and financial services environment and regulatory business requirements and their impact on the insurance industry
Demonstrated ability to create analytics and models, identify key drivers, and communicate to different audiences
Experience working with customer/stakeholder roles and/or cross-functional teams preferred
Positive attitude, resilience, confidence in own judgment, enthusiasm for taking on new challenges, and a strong interest in gaining exposure to a start-up business in the US market