Financial Analyst, US Statutory Financial Reporting and Accounting

Overview Career Opportunity Role Title Financial Analyst, US Statutory Financial Reporting and Accounting. Purpose of role Reporting to the Manager, US Statutory Financial Reporting and Accounting, this position will play a pivotal role in supporting the completion of the quarterly and annual statutory filings for The U.S. Branch of The Independent Order of Foresters. Additionally, this role will also be assisting with the IFRS reporting and accounting for segregated funds including the preparation of the audited financial statements. This is a Hybrid role, requiring a minimum of two (2) days per week working from the office. US Statutory Financial Reporting and Accounting Provide support for the preparation of quarterly and annual statutory financial statements including the Risk Based Capital (RBC) return for the National Association of Insurance Commissioners (NAIC) Assist with the timely quarterly reporting cycle on a US Statutory accounting basis by processing journal entries within the Corporate General Ledger Assist with the preparation of monthly and quarterly account reconciliations Support the preparation of the working papers for the annual external review of the reconciliation of The US Branch net income between IFRS and NAIC Assist with the internal coordination with the Corporate Actuarial and Investment Accounting team to ensure sufficient and complete information is obtained for US Statutory reporting US Regulatory Filings Assist with the preparation and submission of the quarterly and annual regulatory returns to the NAIC including state fillings Maintain the regulatory filings tracking sheet to ensure that filings are tracked and submitted in a timely manner Assist in coordinating internally with signatories and notaries as required for the approval of returns prior to submission Support with payment fulfilment to US State Regulators in a timely manner Segregated Fund Reporting Assist with the timely preparation of the annual audited IFRS financial statements Preparation of the quarterly segregated fund account reconciliations Compilation and provision of external audit support as part of the annual audit Preparation of the segregated fund annual fund facts document for publication Other Coordinate with Insurance Operations on the annual reporting and payments for unclaimed property Assist with the compilation of Board and Audit committee materials as required Other duties as assigned Key Qualifications University degree with a major in Accounting/Finance or equivalent Professional Accounting designation or enrolled in advanced stages of professional designation program 1-2 years of related industry experience, experience in life insurance/financial institution corporate reporting environment Knowledge of insurance accounting policies and procedures would be an asset Strong analytical, financial, and accounting skills Excellent verbal and written communication skills Enthusiastic individual who possesses flexibility and team commitment Demonstrated ability to work independently and establish priorities to meet tight deadlines Decisive with sound judgment to act effectively to anticipate problems and be proactive in finding solutions Demonstrated strong attention to detail and accuracy High degree of accountability, ownership and initiative Excellent computer skills in an MS Office environment Proactive and highly motivated individual who will take the initiative to get things done #LI-Hybrid Equal Opportunity Employment and Inclusion – at Foresters Financial, we are committed to sustaining an equal opportunity environment for all job applicants. We embrace Inclusion, Diversity and Equity (IDE) as a core strategic objective for building strong, innovative teams in which all our employees can show up wholly and authentically as themselves. Foresters Financial strives to provide an accessible candidate experience for prospective employees with different abilities. If you anticipate needing any type of accommodations during the recruitment process, please email in advance of your appointment. Thank you for choosing Foresters. Only those candidates who will be selected for further consideration will be contacted by our Talent Acquisition Team. #J-18808-Ljbffr