Talcott Financial Group
Director of Financial Reporting
Talcott Financial Group, Hartford, Connecticut, United States
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Director of Financial Reporting
role at
Talcott Financial Group .
Talcott Financial Group* is an international life insurance group and the industry’s trusted partner for comprehensive risk solutions. Talcott creatively designs and expertly delivers responsive solutions that transfer risk and manage capital in a way that supports the strategic needs of insurers today and into the future.
Talcott Financial Group has a proven track record of well‑executed transactions, and the enterprise benefits from its strong financial position with over $127 billion in assets under management, its investment‑grade financial strength ratings, and its partnership with Sixth Street, a leading global investment firm.
Talcott Financial Group’s two core business platforms include: U.S. based Talcott Resolution and Bermuda and Cayman based Talcott Re.
Overview The Director of Financial Reporting is a highly experienced accounting professional and engaging team leader that will be responsible for reporting the spread business on the U.S. Controllers Accounting team. This role has the critical accountability for the preparation and reporting of financial information for a variety of internal and external customers. The role provides a macro‑overview of Talcott’s insurance operations, reinsurance arrangements, and corporate business functions, as well as the opportunity to interact with stakeholders across the enterprise. This leader will be continuously challenged to implement best‑in‑class processes, identify process improvements, stand‑up analytics, and will be empowered to implement solutions. The role will lead a team of accountants based in the U.S. and South Africa.
Primary Responsibilities
Lead team responsible for U.S. GAAP and statutory quarterly/annual financial reporting process for the spread business within the U.S. legal entities.
Support the Company's external financial reporting that aligns with U.S. GAAP, statutory (including regulatory reporting) and Bermuda accounting requirements.
Accountable for ensuring accounting and reporting is in compliance with applicable accounting policies.
Accountable for various spread‑based product blocks of business, including FIA, Funding Agreement, Structured Settlements, and other retail annuity products, including related intercompany cessions of certain business on a ModCo and/or funds with withheld basis.
Analyze and document quarterly earnings and other key financial variances, including STAT and GAAP management reporting analytics.
Produce high‑caliber, executive‑ready business review materials and analysis, including key performance indicators to clearly communicate results commentary and drive accountability.
Lead special projects, including the implementation of new accounting standards and new transaction onboarding.
Streamline processes and procedures to continually improve efficiency and controls.
Interact with various internal and external stakeholders, including, but not limited to, Talcott management, third‑party administrators, and reinsurance partners.
Review and approve required internal controls and maintain documentation of the controls as required.
Perform review of ledger entries, account reconciliations, and internal control documentation.
Participate in ad‑hoc financial reporting needs and projects.
Qualifications
Undergraduate degree in accounting and CPA or MBA required; an advanced degree preferred.
15+ years of progressive accounting/finance experience in the financial services industry or auditing within a large life insurance company.
Experience in accounting, financial reporting, audit, financial statement preparation and analysis – Big Four accounting experience preferred.
Experience with accounting for complex reinsurance transactions required.
Ability to understand and analyze complex financial records and reports in a highly regulated environment.
Mastery of accounting standards and experience with performing technical research.
Ability to proactively identify, define, and resolve complex problems.
Management experience and demonstrates strong leadership skills, guiding and reviewing work performed.
Must be able to manage competing priorities, build relationships and work closely with a team in a fast‑paced environment.
Must be able to comfortably dig into the details and work collaboratively with the team to understand process mechanics as well as high‑level technical theory of accounting processes and transactions.
Strong collaboration skills, including the ability to influence outcomes within the team and across functions to achieve organizational goals in a dynamic environment.
Strong organizational, analytical, and problem‑solving skills with proven attention to details.
Polished communication skills, both verbal and written, with the ability to articulate complex information to all levels and functions.
Ability to understand leadership reporting needs and to creatively produce useful reports to meet those needs.
Strong practical knowledge in Microsoft Excel, PowerPoint, PeopleSoft/Oracle/other general ledger applications strongly preferred.
Compensation This range represents the minimum and maximum annual base salary we reasonably expect to pay for this role at the time of posting. The actual base pay could vary and may be above or below the listed range. The base pay is based on factors including but not limited to experience, competence, and demonstration of proficiencies essential for the role. The base pay is just one component of Talcott’s total annual compensation for employees. Other compensation may include annual bonuses, long‑term incentives, and recognition.
This role is not eligible for visa sponsorship. Applicants must be authorized to work in the United States on a full‑time basis without current or future visa sponsorship.
Talcott Financial Group is an equal employment employer. All qualified applicants will receive consideration without regard to race, color, sex, religion, age, national origin, disability, veteran status, sexual orientation, gender identity or expression, marital status, ancestry or citizenship status, genetic information, pregnancy status or any other characteristic protected by law. Talcott Resolution maintains a drug‑free workplace.
For more information regarding our Privacy Policy, please go to
https://talcott.com/onlineprivacypolicy/onlineprivacypolicy.html
Seniority level
Director
Employment type
Full‑time
Job function
Accounting / Auditing and Finance
Industries
Insurance
#J-18808-Ljbffr
Director of Financial Reporting
role at
Talcott Financial Group .
Talcott Financial Group* is an international life insurance group and the industry’s trusted partner for comprehensive risk solutions. Talcott creatively designs and expertly delivers responsive solutions that transfer risk and manage capital in a way that supports the strategic needs of insurers today and into the future.
Talcott Financial Group has a proven track record of well‑executed transactions, and the enterprise benefits from its strong financial position with over $127 billion in assets under management, its investment‑grade financial strength ratings, and its partnership with Sixth Street, a leading global investment firm.
Talcott Financial Group’s two core business platforms include: U.S. based Talcott Resolution and Bermuda and Cayman based Talcott Re.
Overview The Director of Financial Reporting is a highly experienced accounting professional and engaging team leader that will be responsible for reporting the spread business on the U.S. Controllers Accounting team. This role has the critical accountability for the preparation and reporting of financial information for a variety of internal and external customers. The role provides a macro‑overview of Talcott’s insurance operations, reinsurance arrangements, and corporate business functions, as well as the opportunity to interact with stakeholders across the enterprise. This leader will be continuously challenged to implement best‑in‑class processes, identify process improvements, stand‑up analytics, and will be empowered to implement solutions. The role will lead a team of accountants based in the U.S. and South Africa.
Primary Responsibilities
Lead team responsible for U.S. GAAP and statutory quarterly/annual financial reporting process for the spread business within the U.S. legal entities.
Support the Company's external financial reporting that aligns with U.S. GAAP, statutory (including regulatory reporting) and Bermuda accounting requirements.
Accountable for ensuring accounting and reporting is in compliance with applicable accounting policies.
Accountable for various spread‑based product blocks of business, including FIA, Funding Agreement, Structured Settlements, and other retail annuity products, including related intercompany cessions of certain business on a ModCo and/or funds with withheld basis.
Analyze and document quarterly earnings and other key financial variances, including STAT and GAAP management reporting analytics.
Produce high‑caliber, executive‑ready business review materials and analysis, including key performance indicators to clearly communicate results commentary and drive accountability.
Lead special projects, including the implementation of new accounting standards and new transaction onboarding.
Streamline processes and procedures to continually improve efficiency and controls.
Interact with various internal and external stakeholders, including, but not limited to, Talcott management, third‑party administrators, and reinsurance partners.
Review and approve required internal controls and maintain documentation of the controls as required.
Perform review of ledger entries, account reconciliations, and internal control documentation.
Participate in ad‑hoc financial reporting needs and projects.
Qualifications
Undergraduate degree in accounting and CPA or MBA required; an advanced degree preferred.
15+ years of progressive accounting/finance experience in the financial services industry or auditing within a large life insurance company.
Experience in accounting, financial reporting, audit, financial statement preparation and analysis – Big Four accounting experience preferred.
Experience with accounting for complex reinsurance transactions required.
Ability to understand and analyze complex financial records and reports in a highly regulated environment.
Mastery of accounting standards and experience with performing technical research.
Ability to proactively identify, define, and resolve complex problems.
Management experience and demonstrates strong leadership skills, guiding and reviewing work performed.
Must be able to manage competing priorities, build relationships and work closely with a team in a fast‑paced environment.
Must be able to comfortably dig into the details and work collaboratively with the team to understand process mechanics as well as high‑level technical theory of accounting processes and transactions.
Strong collaboration skills, including the ability to influence outcomes within the team and across functions to achieve organizational goals in a dynamic environment.
Strong organizational, analytical, and problem‑solving skills with proven attention to details.
Polished communication skills, both verbal and written, with the ability to articulate complex information to all levels and functions.
Ability to understand leadership reporting needs and to creatively produce useful reports to meet those needs.
Strong practical knowledge in Microsoft Excel, PowerPoint, PeopleSoft/Oracle/other general ledger applications strongly preferred.
Compensation This range represents the minimum and maximum annual base salary we reasonably expect to pay for this role at the time of posting. The actual base pay could vary and may be above or below the listed range. The base pay is based on factors including but not limited to experience, competence, and demonstration of proficiencies essential for the role. The base pay is just one component of Talcott’s total annual compensation for employees. Other compensation may include annual bonuses, long‑term incentives, and recognition.
This role is not eligible for visa sponsorship. Applicants must be authorized to work in the United States on a full‑time basis without current or future visa sponsorship.
Talcott Financial Group is an equal employment employer. All qualified applicants will receive consideration without regard to race, color, sex, religion, age, national origin, disability, veteran status, sexual orientation, gender identity or expression, marital status, ancestry or citizenship status, genetic information, pregnancy status or any other characteristic protected by law. Talcott Resolution maintains a drug‑free workplace.
For more information regarding our Privacy Policy, please go to
https://talcott.com/onlineprivacypolicy/onlineprivacypolicy.html
Seniority level
Director
Employment type
Full‑time
Job function
Accounting / Auditing and Finance
Industries
Insurance
#J-18808-Ljbffr