Reinsurance Accounting- Senior Talent

What you'll be doing

• Evaluate reinsurance transactions, their structure and financial accounting implications of these transactions.
• You will also draw on your years of experience in identifying and recommending best practice opportunities to improve efficiencies as new reinsurance processes are established.
• The Life Insurance industry is leveraging Reinsurance more and more- you will be adding to your skill set while being exposed to the latest deals in Reinsurance in the Life Insurance industry.
• Ability to read reinsurance treaty agreements and apply concepts in the agreements to the appropriate accounting and administrative approach.
• Research accounting guidance and apply appropriate accounting guidance to complex reinsurance transactions and structures.
• Understand, evaluate, and conclude on risk transfer as it applies to new transactions on both a GAAP and Statutory basis.
• Collaborate on proforma financial statements for new and / or amended reinsurance accounting transactions.
• Review and analyze proforma financial statements to determine impacts of the transactions to the enterprise and ensure proforma financial statement reporting is accurate.
• Explain the financial statement impacts of the reinsurance transaction to key stakeholders and leaders.
• Evaluate treaty administrative implications of reinsurance structures to ensure the Reinsurance Accounting team can support ongoing administrative requirements.
• Responsible for Reinsurance reporting, internal and external, on new and current reinsurance transactions.
• Support a timely and accurate monthly and quarterly financial close process.
• Understand the relationship of applicable systems and data required to account for and support administration of new transactions as applicable.
• Develop control processes to ensure effective procedures are in place to support internal operating and SOX controls as new transactions are established.
• Identify and recommend best practice opportunities to improve efficiencies as new reinsurance processes are established.
• Provide training and development opportunities, including stretch assignments, for team members and give honest and open feedback to aid in the development of talent.
• Establish and implement individual and team priorities, performance goals and objectives .
• Manage and evaluate individual / team performance and take appropriate action to meet and / or exceed performance standards.
• Ensure that top talent is hired and retained to support these responsibilities.
• Develop and maintain a strong relationship with internal / external auditors as applicable and ensure identified issues are resolved in a collaborative manner.
• Carries out duties in compliance with all state and federal regulations and guidelines. Complies with all company and site policies and procedures.
• Performs other duties as required.

What we’re looking for

Application Deadline

Applications accepted until 3 / 31 / 25

What’s it like to work here? At Lincoln Financial Group, we love what we do. We make meaningful contributions each and every day to empower our customers to take charge of their lives. Working alongside dedicated and talented colleagues, we build fulfilling careers and stronger communities through a company that values our unique perspectives, insights and contributions and invests in programs that empower each of us to take charge of our own future. What’s in it for you :

Clearly defined career tracks and job levels, along with associated behaviors for each Lincoln leadership Attribute.

Leadership development and virtual training opportunities

PTO / parental leave

Free financial counseling, health coaching and employee assistance program

Tuition assistance program

A leadership team that prioritizes your health and well-being; offering a remote work environment and flexible work hybrid situations

Effective productivity / technology tools and training

The pay range for this position is with anticipated pay for new hires between the minimum and midpoint of the range and could vary above and below the listed range as permitted by applicable law. Pay is based on non-discriminatory factors including but not limited to work experience, education, location, licensure requirements, proficiency and qualifications required for the role. The base pay is just one component of Lincoln’s total rewards package for employees. In addition, the role may be eligible for the Annual Incentive Program, which is discretionary and based on the performance of the company, business unit and individual. Other rewards may include long-term incentives, sales incentives and Lincoln’s standard benefits package.