Senior Manager - Accounting and Financial Reporting

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.

Key Responsibilities and Duties Manage the close process related to insurance and reinsurance activities, ensuring timely and accurate reporting

Review and approve journal entries prepared by team members within the general ledger

Ensure journal entries are properly supported, accurately classified, and compliant with accounting policy

Maintain strong controls over journal entry preparation, review, and approval workflows

Oversee balance sheet and other reconciliation processes across insurance and reinsurance balances

Ensure reconciliations are performed timely, accurately, and with appropriate supporting documentation

Review and resolve reconciling items, escalating significant issues as needed

Serve as the Financial Reporting Owner for various operating subsidiaries ensuring they are properly accounted for on TIAA’s financial statements and to ensure associated capital needs are met Drive efficiency improvements in close, reconciliation, and reporting workflows, including identifying opportunities for automation and standardization across US and India teams

Coordinate with external auditors and manage audit requests for insurance and reinsurance activities

Oversee certain disclosures and schedules within TIAA’s annual statement for the general account (Blue Book) and separate accounts (Green Books), as well as the audited financial statements

Responsible for the US statutory accounting for certain Bermuda based insurance subsidiaries, which requires working with Bermuda service providers, auditors and regulators as needed

Research, interpret and document technical accounting positions on complex insurance and reinsurance transactions, applying relevant accounting guidance and coordinating with the Accounting Policy team to ensure appropriate application of accounting principles.

Prepare and review technical accounting analysis specific to insurance/reinsurance transactions (e.g., premium accounting, reserves, ceded/assumed reinsurance treaties)  Help to manage, mentor, and develop a US-based team and leverage our India-based resources

Participate in setting performance goals, conducting regular performance reviews, and supporting professional development of related team Maintain and strengthen internal controls over accounting and financial reporting for insurance and reinsurance activities

Partner cross-functionally with Actuarial, FP&A, Tax, Treasury and Legal teams

Educational Requirements University (Degree) Preferred Work Experience5+ Years Required; 7+ Years Preferred

Physical Requirements

Physical Requirements:

Sedentary Work Career Level8

PLRequired Qualifications

Preferred Qualifications 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…