Job description
Symetra has an exciting new opportunity to join us as a Reinsurance Senior Financial Reporting Analyst!
About the role
This role is a Senior Financial Reporting Analyst on the Finance – Reinsurance Reporting team, focused on reinsurance accounting and financial analysis for life and annuity products. The position requires strong technical expertise in reinsurance structures (including Modco and funds withheld) and supports the delivery of accurate financial reporting and disclosures. The role also partners cross-functionally and plays a key part in implementing new reinsurance transactions in a dynamic environment.
What you will do
Support research and documentation of technical accounting matters related to reinsurance under GAAP, U.S. Statutory, and Bermuda Statutory frameworks
Prepare analyses of accounting treatments for new and complex transactions, including impacts to financial statements and operational processes
Coordinate with external auditors as needed to support reviews and discussions
Lead key components of the reinsurance accounting close process, including:
Preparing and reviewing journal entries, general ledger reconciliations, and reporting schedules
Analyzing variances and delivering management reports and key financial outputs
Demonstrate deep expertise in assigned areas while maintaining a strong understanding of related processes and cross-functional impacts
Drive ad hoc initiatives and special projects, including:
Supporting the implementation of new reinsurance treaties
Identifying and executing process improvements and operational efficiencies
Collaborate cross-functionally with Actuarial, Tax, Legal, and other partners to evaluate and operationalize new reinsurance arrangements
Why Work at Symetra
Here’s what some of our employees have to say about why they work at Symetra:
“We're big enough to make an impact on the country, but small enough to care and know who you are and what you're contributing to the organization. All new ideas are welcome!” - Stephanie F., VP Customer Service & Operations
“From day one, I felt welcomed and encouraged to bring my full self to work. Symetra truly lives up to its commitment to Diversity, Equity, and Inclusion—it's more than just words here; it's part of the culture.” - Whitney T., Talent Development
What we offer you
Benefits and Perks
We don’t take a “one-size-fits-all” approach when it comes to our employees. Our programs are designed to make your life better both at work and at home.
Flexible full-time or hybrid telecommuting arrangements
Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%
Paid time away including vacation and sick time, flex days and ten paid holidays
Give back to your community and double your impact through our company matching
Want more details? Check out ourSymetra Benefits Overview
Compensation
Salary Range: $79,900 - $133,200 base plus eligibility for the company annual bonus program.
Who You Are:
High School Diploma is required, plus a Bachelor's degree in Accounting or Finance
3+ years of experience in reinsurance accounting of life and annuity insurance and reinsurance, with exposure to complex reinsurance arrangements (such as modco, coinsurance with funds withheld, etc.) is preferred
Proficiency in the fundamentals of accounting principles for life insurance and annuity products
CPA or CPA-eligible, preferred
Experience in public accounting, including preparation, review, and audit of financial statements and related footnote disclosures
Goal-oriented with a track record of task and project completion
Ability to work a flexible schedule, as the need arises (quarter and year-ends, ad hoc projects)
Proven ability to interact effectively and communicate complex reinsurance accounting guidelines and policies in an understandable manner to various levels of management, staff, and auditors
High expectations for themselves, with an irresistible urge to exceed them
Ability to perform assignments independently and adapt to changing priorities
Creativity, problem solving, and decision-making skills
A positive attitude and sense of humor!
We empower inclusion
At Symetra, we aspire to be the most inclusive insurance company in the country. We're building a place where every employee feels valued, respected, and has opportunities to contribute.
Inclusion is about recognizing our assumptions, considering multiple perspective, and removing barriers. We accept and celebrate diverse experiences, identities, and perspectives, because lifting each other up fuels thought and builds a stronger, more innovative company. We invite you to learn more about our efforts here.
Creating a world where more people have access to financial freedom
Symetra is a national financial services company dedicated to helping people achieve their financial goals and feel confident about the future. In our daily work, we're guided by the principles of Value, Transparency and Sustainability. This means we provide products and services people need at a competitive price, we communicate clearly and openly so people understand what they're buying, and we design products--and operate our company--to stand the test of time. We're committed to showing up for our communities, lifting up our employees, and standing up for diversity, equity and inclusion (DEI). Join our team and help us create a world where more people have access to financial freedom.
For more information about our careers visit:
Work Authorization
Employer work visa sponsorship and support are not provided for this role. Applicants must be currently authorized to work in the United States at hire and must maintain authorization to work in the United States throughout their employment with our company.
Please review Symetra's Remote Network Minimum Requirements:
As a remote-first organization committed to providing a positive experience for both employees and customers, Symetra has the following standards for employees' internet connection:
Minimum Internet Speed:100 Mbps download and 20 Mbps upload, in alignment with the FCC's definition of "broadband."
Internet Type:Fiber, Cable (e.g., Comcast, Spectrum), or DSL.
Not Permissible:Satellite (e.g., Starlink), cellular broadband (hotspot or otherwise), any other wireless technology, or wired dial-up.
When applying to jobs at Symetra you'll be asked to test your internet speed and confirm that your internet connection meets or exceeds Symetra's standard as outlined above.
Identity Verification
Symetra is committed to fair and secure hiring practices. For all roles, candidates will be required (after the initial phone screen) to be on video for all interviews. Symetra will take affirmative steps at key points in the process to verify that a candidate is not seeking employment fraudulently, e.g. through use of a false identity.
Failure to comply with verification procedures may result in:
Disqualification from the recruitment process
Withdrawal of a job offer
Termination of employment and other criminal and/or civil remedies, if fraud is discovered
#REMOTE
Originally posted on Himalayas
Who can apply
Eligible countries: United States. Accepted UTC offsets: UTC-10, UTC-9, UTC-8, UTC-7, UTC-6, UTC-5, UTC+14. Review the full description for employer-specific work authorization, residency and schedule requirements.