Accounting Consultant, Accounting Policy

Posted 10 Hours Ago
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Chicago, IL
Hybrid
Senior level
Cloud • Insurance • Professional Services • Analytics • Cybersecurity
The Role
The Accounting Consultant will advise on complex transactions, research accounting standards, monitor developments from regulators, and provide leadership with technical accounting guidance. The role involves collaborating with various stakeholders and contributing to accounting policy projects, ensuring compliance with US GAAP, IFRS, and statutory standards.
Summary Generated by Built In

You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.
CNA seeks to offer a comprehensive and competitive benefits package to our employees that helps them - and their family members - achieve their physical, financial, emotional and social wellbeing goals.
For a detailed look at CNA's benefits, check out our Candidate Guide .
JOB DESCRIPTION:
About CNA
CNA is one of the largest U.S. commercial property and casualty insurance companies. Backed by more than 120 years of experience, CNA provides a broad range of standard and specialized insurance products and services for businesses and professionals in the U.S., Canada and Europe.
About the Finance Team
We are trusted partners who enable smart decisions that enhance shareholder value. We are a group of nimble, resilient and tenacious finance professionals who thrive on solving problems, continuously learning, and improving. We are strengthened by diversity and we are committed to inclusion. Most of all, we are all leaders. We unlock our full potential by investing in our development - both individually and together, as a team.
We're looking for team members who are excited about developing and growing their careers while moving our business forward.
About the Job
CNA Is seeking an experienced Accounting Consultant to join the Accounting Policy Team. The Accounting Policy team is responsible for ensuring that the Company's US GAAP, IFRS and Statutory accounting policies and practices are in compliance with current FASB, IASB, and NAIC standards and are consistent with SEC regulations and industry practice. The team supports senior leadership and other functional areas by researching and interpreting accounting guidance, consulting on complex transactions, and preparing technical accounting memos. The successful candidate will have a background in accounting policy research, or insurance accounting, with excellent communication skills.
This is a highly collaborative role that requires interfacing with fellow Accounting Policy team members, as well as diverse stakeholders including: GAAP and Statutory Reporting, Investments, Foreign and Domestic Subsidiaries, P&C and Corporate Accounting, Reinsurance, Tax, and Legal. The role contributes to enterprise objectives primarily through project-based work, and provides significant opportunities to develop insurance accounting skills, with high visibility to senior leadership.
This role is located in Chicago, IL and the team comes into the office in a hybrid model.
Your Day to Day

  • Acts as an advisor to the business and leads the accounting analysis of complex and non-routine transactions.
  • Contributes accounting policy expertise to large, cross-functional projects, ensuring that applicable accounting and regulatory guidance are applied appropriately. These projects may include: impact analysis and implementation of newly issued GAAP, IFRS, and statutory accounting guidance, benchmarking analysis of industry peers, and accounting evaluations of new enterprise initiatives.
  • Monitors developments in accounting or other technical guidance from standard setters and regulatory agencies (e.g., FASB, SEC, NAIC) to ensure that the company is aware of emerging issues with a potential impact.
  • Leads stakeholder education to deliver key takeaways regarding emerging accounting issues to leadership and impacted business areas.
  • Provides accounting analysis, interpretation and advice to leadership to resolve technical issues; drafts and reviews technical accounting memos.
  • Collaborates with external auditors for review of technical accounting memos.
  • Continuously challenges policies and procedures and implements process improvements, as appropriate.
  • May assist in providing feedback to standard setters and regulators by drafting comment letters on emerging accounting issues
  • Manage other accounting and finance special projects, as needed.


May perform additional duties as assigned.
Reporting Relationship
Director
Skills & Qualifications

  • Thorough knowledge of USGAAP, IFRS, and Statutory accounting principles.
  • Detail oriented with strong organizational and presentation skills.
  • Strong interpersonal skills with the ability to work with personnel at all levels, and explain complex technical accounting issues to stakeholders from broad range of functional areas.
  • Ability to exercise professional judgement and make recommendations to management
  • Ability to prioritize and manage multiple projects effectively.
  • Strong analytical and problem solving skills; ability to break down complex problems and drive to resolution.
  • Excellent verbal and written communication skills.
  • Excellent computer skills including Microsoft Office Suite.


Education & Experience

  • Bachelor's Degree, preferably in accounting or finance; CPA strongly preferred.
  • Typically a minimum of 5 to 8 years of related work experience in accounting.
  • Previous experience in audit at a public accounting firm, in the insurance industry, or in an accounting policy research role is a plus.


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CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact [email protected] .

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What the Team is Saying

Meghan Bautista
Mehrzad Adelzadeh
Alison Massey
SenthilKumar Asokan
Zach Jones
Lisa Smith
Josie Lee
The Company
HQ: Chicago, IL
7,000 Employees
Hybrid Workplace
Year Founded: 1897

What We Do

CNA is one of the largest U.S. commercial property and casualty insurance companies. Backed by more than 125 years of experience, CNA provides a broad range of standard and specialized insurance products and services for businesses and professionals in the U.S., Canada and Europe.

As a company of allies, we understand the importance of fostering an inclusive and supportive culture for all employees. Our eight Employee Resource Groups elevate the voices of underrepresented groups and champion critical DEI initiatives in the workplace and beyond. We strive to promote an environment of inclusion and continuously work to ensure all employees feel valued and respected.

Why Work With Us

CNA knows the importance of having the tools you need to expand your expertise and develop your career. With a variety of cross-discipline and cross-functional opportunities, CNA provides you with the tools and resources needed to customize your career path and understand what is needed to be effective in your role.

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CNA Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: Flexible
Company Office Image
HQChicago, IL
Located in the heart of the loop, CNA’s headquarters are at 151 N Franklin. With close proximity to both L and Metra stations.

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