Senior Manager, Statutory Accounting And Financial Reporting

Company Description

TIAA’s Corporate Controller group is looking for an experienced Senior Manager to lead statutory accounting and financial reporting activities across our insurance and reinsurance operations. This role is responsible for ensuring the accuracy of the statutory accounting and reporting for insurance and reinsurance activities, overseeing the general ledger close process for related activities, and ensuring compliance with statutory accounting requirements. The Senior Manager will oversee a small US-based team of associates and leverage our India-based resources, and will serve as a key partner to senior leadership on technical accounting and reporting matters.

TIAA’s Corporate Controller group is looking for an experienced Senior Manager to lead statutory accounting and financial reporting activities across our insurance and reinsurance operations. This role is responsible for ensuring the accuracy of the statutory accounting and reporting for insurance and reinsurance activities, overseeing the general ledger close process for related activities, and ensuring compliance with statutory accounting requirements. The Senior Manager will oversee a small US-based team of associates and leverage our India-based resources, and will serve as a key partner to senior leadership on technical accounting and reporting matters.

• 5 + years of experience with life and annuity insurance companies, including related Statutory Accounting Principles (SAP) and Annual Statements (Blue Book and Green Book).

• 7 + years of experience with life and annuity insurance companies, including related Statutory Accounting Principles (SAP) and Annual Statements (Blue Book and Green Book).
• Certified Public Accountant
• Experience in the financial services industry
• Understanding of and ability to manage parts of the monthly general ledger close process regarding journal entries and reconciliations.
• Ability to maintain and strengthen the internal control environment, including managing the preparation of audit work papers and supporting schedules
• Experience working with both internal and external auditors.
• Leadership and team management experience, including the ability to develop talent, manage workloads across multiple filing deadlines, and foster a culture of accuracy and accountability.
• Strong written and verbal communication skills are necessary for presenting financial results to senior leadership and external stakeholders including auditors.
• Ability to analyze financial statements, general ledger detail, and supporting schedules to identify discrepancies, unusual trends, or potential misstatements, and investigate root causes rather than accepting surface-level explanations.
• Ability to research and apply accounting guidance for reporting and accounting requirements.
• Strong knowledge of reinsurance accounting and its statutory reporting implications.
• Knowledge of GAAP and Bermuda Statutory & Economic Balance Sheet accounting and reporting.
• A background in driving process improvements, including leveraging automation and data analytics to reduce manual effort and improve reporting accuracy.
• Strong project management capabilities, including experience managing cross-functional teams through complex regulatory filings and system implementations.
• Experience working with Actuarial, Finance, Tax, Treasury and Accounting Policy teams.