Financial Services/Banking/Insurance

Manager of STAT Financial Reporting & Accounting

Full-time

Professional Project Partners

Manager of STAT Financial Reporting & Accounting Des Moines IA

Position Title: STAT Financial Reporting & Accounting Manager
Location: Des Moines IA, Hybrid
Industry: Financial Services / Insurance

Role Overview:
P3+Uplift’s client, a prominent player within the finance/insurance sector, is looking for a STAT Financial Reporting & Accounting Manager. In this role, you’ll ensure timely and accurate statutory reporting, enhance reporting processes, and oversee the operational aspects of reinsurance contract settlements. You’ll also lead a team of accounting professionals, collaborating with other departments to ensure smooth reinsurance settlements and compliance with regulatory requirements.

Primary Responsibilities:

  • Lead the preparation and review of statutory financial reports on a quarterly and annual basis.
  • Manage a team of accounting staff, overseeing daily, weekly, and monthly reporting tasks.
  • Provide leadership across the employee lifecycle, from selection and retention to ongoing performance and development.
  • Analyze statutory account balances as part of quarterly and annual financial reporting.
  • Prepare/review audited financial statements and coordinate with external auditors.
  • Review reconciliations and validate subsidiary reports to ensure accurate statutory reporting.
  • Draft/review journal entries, workpapers, and statutory filings.
  • Keep up-to-date with new statutory guidance impacting the insurance industry.
  • Maintain and enhance statutory reporting and reinsurance processes and controls.
  • Support internal audits as needed.

Qualifications:

  • Bachelor’s degree in Accounting, with at least five years in accounting or financial reporting, or a suitable mix of education and experience.
  • Experience within the life insurance sector and statutory reporting.
  • CPA designation is a must.
  • In-depth knowledge of life and annuity insurance products, operations, and the regulatory environment.
  • Solid understanding of financial statement accounts, especially around investments and actuarial entries.
  • Familiarity with statutory reporting rules, regulatory filings, and proficiency in Microsoft Office Suite.
  • Strong financial analysis and problem-solving abilities, with great attention to detail.
  • Effective communication skills and a customer-oriented approach.

Additional Information:
This role requires no travel and offers a meaningful opportunity to shape financial reporting and compliance functions within the organization.

Application Instructions:
If this opportunity resonates with you, please submit your resume and a brief cover letter. P3+Uplift and our client are committed to fostering an inclusive workplace, and we welcome all qualified candidates to apply.

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