Financial Analyst, US Statutory Financial Reporting and Accounting

Overview Financial Analyst, US Statutory Financial Reporting and Accounting role at Foresters Financial. This hybrid position requires a minimum of two days per week in the office. The role reports to the Manager, US Statutory Financial Reporting and Accounting and supports the quarterly and annual statutory filings for the U.S. Branch of The Independent Order of Foresters, as well as IFRS reporting and accounting for segregated funds including the preparation of the audited financial statements. Responsibilities Provide support for the preparation of quarterly and annual statutory financial statements, including the Risk Based Capital 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 working papers for the annual external review of the reconciliation of The US Branch net income between IFRS and NAIC. Assist with internal coordination with the Corporate Actuarial and Investment Accounting teams to ensure sufficient and complete information is obtained for US Statutory reporting. Assist with the preparation and submission of quarterly and annual regulatory returns to the NAIC, including state filings. Maintain the regulatory filings tracking sheet to ensure timely tracking and submission of filings. Coordinate with signatories and notaries as required for approval of returns prior to submission. Support timely payment fulfilment to US State Regulators. Assist with the timely preparation of the annual audited IFRS financial statements for segregated funds. Prepare quarterly segregated fund account reconciliations and provide external audit support as part of the annual audit. Prepare the segregated fund annual fund facts document for publication. Coordinate with Insurance Operations on annual reporting and payments for unclaimed property. Assist with the compilation of Board and Audit Committee materials as required. Other duties as assigned. 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, preferably in a life insurance/financial institution corporate reporting environment. Knowledge of insurance accounting policies and procedures is an asset. Strong analytical, financial, and accounting skills. Excellent verbal and written communication skills. Enthusiastic, flexible, and team-focused with the ability to work independently and meet tight deadlines. Decisive with sound judgment to anticipate problems and proactively find solutions. Strong attention to detail and accuracy; high degree of accountability and initiative. Proficiency with MS Office; proactive and motivated to take initiative. Equal Opportunity Employment and Inclusion Foresters Financial is 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 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 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