Principal Accountant, Financial Reporting

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Minneapolis, MN
86K-116K Annually
Fintech
The Role

Ameriprise Financial Services is seeking a Principal Accountant of Financial Reporting to join our team! As the Principal Accountant, you will be responsible for preparation and timely completion of statutory financial statements and disclosures for filing with State regulators and the NAIC and monitoring changes in accounting/reporting guidance and new transactions and events. You will ensure quality and accuracy of disclosures and are in compliance with insurance statutory accounting principles.

Key Responsibilities

  • Prepares life insurance company statutory annual and quarterly financial statements, and other reports, for filing with state insurance regulators and the NAIC

  • Provides insightful qualitative analysis around regulatory and legal entity reporting

  • Teams with internal and external partners to understand prioritize and review specialized/complex analysis, reports and accounting transactions and implement any changes needed for reporting

  • Maintain effective internal controls over financial reporting

  • Complete requests from and communicate with external auditors and examiners/regulators

  • Ad hoc projects

  • Assists in the review of various state and insurance company filing

Required Qualifications

  • Bachelor’s degree in Accounting or related field

  • 5 or more years’ experience - ideally with regulatory filings

  • Proven ability to lead through change and handle detailed work in a fast-paced, deadline-driven environment

  • Strong attention to detail and ability to problem solve

  • Strategic and independent thinker with ability to quickly adapt to change

  • Strong oral and written communication skills

Preferred Qualifications

  • Accounting degree

  • CPA license

  • Life insurance company statutory reporting experience

  • Ability to navigate NAIC statutory accounting and reporting guidance

  • Proficiency with Workday General Ledger

  • Demonstrated decision-making skills, ability to prioritize tasks to understand the impact to the business and develop best practices

  • Strategic and independent thinker with the ability to quickly adapt to change

About Our Company
We’re a diversified financial services leader with more than $1 trillion in assets under management and administration as of 2022. Our team of 20,000 people in more than 20 countries, advise and manage assets and income of more than 2 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Base Pay Salary

The estimated base salary for this role is $85,700 - $115,700/ year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Exempt

Job Family Group

Finance

Line of Business  

FIN Finance

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The Company
Minneapolis, MN
16,649 Employees
On-site Workplace
Year Founded: 1894

What We Do

Ameriprise Financial has helped millions of clients feel confident about their financial futures for more than 125 years. Our network of approximately 10,000 financial advisors* delivers personalized financial advice to help clients reach their goals.

We believe that with the right advisor, the right advice, and the right firm, life can be brilliant.

Ameriprise has corporate locations throughout the U.S. and across the globe, and advisor offices in all 50 states.

Learn how you can build your career at Ameriprise Financial.

*Ameriprise Financial Q2 2020 Statistical Supplement

All content on this page is provided for informational purposes only and should not be used as the sole basis for investment decisions. Ameriprise Financial cannot guarantee future financial results. Investment products are not federally or FDIC insured, are not deposits or obligations of, or guaranteed by, any financial institution, and involve investment risks including possible loss of the entire amount invested.

By clicking on a hyperlink, you may be directed to a non-Ameriprise website. Be aware that the linked site will be subject to rules, regulation, and privacy and security provisions that are separate, and may differ, from Ameriprise Financial.

Investment advisory products and services are made available through Ameriprise Financial Services, LLC., a registered investment adviser.

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