Senior Life & Annuity Product Accountant

Overview

This role supports the growth of the organization’s Individual Life and Individual Annuity businesses. As a Senior Consultant, you will solve complex accounting challenges, establish accounting solutions, and help shape reporting and governance capabilities for sophisticated products, transactions, and legal entities.

You will partner across finance, actuarial, risk, audit, technology, and business teams while working across statutory, GAAP, and Bermuda economic accounting frameworks. This position is open to candidates at either the P3 (Financial Reporting Consultant) or P4 (Financial Reporting Sr. Consultant) level; the appropriate level will be discussed during the interview process based on experience and qualifications.

This role is open to local and remote talent:

• If you live within a commutable distance of the St. Paul Home Office, this position follows a hybrid work schedule.
• If you live outside of a commutable distance, you may be eligible to work as a virtual employee.

Responsibilities

Accounting and Financial Reporting

• Serve as the primary accounting expert for assigned life, annuity, and affiliated reinsurance products and transactions.
• Lead the interpretation and application of statutory, GAAP, and Bermuda accounting requirements.
• Manage preparation, review, and delivery of financial reporting across multiple legal entities and accounting bases.
• Establish and implement accounting policies and reporting practices for new products, transactions, and reinsurance structures.
• Provide technical direction to accountants, actuaries, and other contributors.

Financial Analysis and Business Partnership

• Independently analyze and interpret financial results for senior leadership.
• Serve as a trusted advisor on profitability, capital efficiency, accounting, financial forecasting, and reporting implications.
• Translate complex financial information into actionable insights and recommendations.
• Partner across the organization to resolve complex reporting issues and influence business decisions.
• Lead projects with significant financial reporting or business impact.

Systems, Controls and Process Leadership

• Lead development and improvement of financial reporting processes, controls, and governance.
• Define and approve accounting requirements for system feeds, reporting solutions, and new transactions.
• Direct testing and implementation of accounting and financial-system changes.
• Improve efficiency, scalability, accuracy, and control of reporting processes.

Audit, Regulatory and Technical Leadership

• Support audits, regulatory reviews, and communications with auditors, examiners, and rating agencies.
• Maintain strong documentation, controls, and accounting governance practices.
• Identify and implement process improvements to enhance reporting efficiency and effectiveness.
• Participate in strategic projects and initiatives related to Securian Re, including future deals.

Requirements

• Bachelor’s degree in Accounting, Finance, Business, Mathematics, or a related field.
• 7+ years of experience in reinsurance and/or product, insurance, financial reporting accounting.
• Strong knowledge of statutory and GAAP accounting and reporting requirements.
• Demonstrated ability to resolve complex accounting issues independently.
• Experience leading projects and influencing outcomes without direct authority.
• Strong analytical, communication, and stakeholder-management skills.

Preferred Qualifications

• CPA or equivalent professional certification.
• Familiarity with Bermuda accounting and reporting.
• Experience implementing new products, legal entities, accounting processes, or reporting solutions.
• Experience with SAP or another enterprise general-ledger platform.

Compensation & Benefits

Estimated Base Pay Range

• $91,700.00 - $169,600.00
• Pay may vary based on job-related factors and individual experience, skills, knowledge, etc.
• More information on base pay and incentive pay (if applicable) can be discussed during the hiring process.

P3 level base salary range (if hired at P3)

• $73,700 to $136,800

Paid Time Off and Leaves

• PTO program provides flexibility for associates to take meaningful time away from work.
• Additional PTO is provided the longer you stay with the organization.
• Leave programs include parental leave, caregiver leave, bereavement leave, and military leave.
• Nine company paid holidays.

Retirement

• Company-funded pension plan.
• 401(k) retirement plan with company contribution tied to performance up to 10 percent of eligible earnings, with a target of 5 percent.

Health Insurance

• Medical, dental, and vision coverage from the first day of employment for associates and eligible family members (including spouses, domestic partners, and children).

Additional Benefits

• Volunteer time and opportunities, including volunteer paid time off and a dollar-for-dollar matching gift program.
• Associate Resource Groups (ARGs) for a variety of interests and affinities, including Environmental Health & Sustainability; Mental Wellness and Disability; Pride; Young Professionals Network; Multicultural Network; Women and Allies Network; and Servicemember ARG.

Location

• St. Paul Home Office (hybrid schedule for candidates within a commutable distance).
• Associates who live within a 90-minute commute of the Home Office spend 3 or more days each week working from the office.
• Virtual eligibility may apply for candidates outside a commutable distance.