Senior Accountant

Posted 16 Days Ago
Be an Early Applicant
Hartford, CT, USA
In-Office
76K-114K Annually
Senior level
Fintech • Payments • Financial Services
The Role
The Senior Accountant is responsible for GAAP financial close, statutory reporting, process improvement, and financial analysis in the insurance sector.
Summary Generated by Built In
Sr Accountant - FA08BE

We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.   

         

This position is within the Accounting Operations group, reporting to the Corporate Controllers organization, and is primarily responsible for the GAAP financial close and quarterly and annual statutory (Blue Book) reporting, including annual state filings and survey requests for the Employee Benefits segment.

The team partners closely with multiple business areas to ensure accurate and complete GAAP financial reporting for Employee Benefits by Line of Business and on a consolidated basis. This role offers significant exposure to key areas within Finance, including Employee Benefits FP&A, Actuarial, Group Reinsurance Plus, and Treasury, and is a key contributor to the monthly financial close process.

In addition, this role provides opportunities to identify process improvement initiatives and is empowered to help design and implement solutions that enhance efficiency, controls, and reporting quality.

This role will have a Hybrid work arrangement, with the expectation of working in an office (Hartford,CT) 3 days a week (Tuesday through Thursday).

Responsibilities:

  • Review, validate, and understand underlying data from administrative and financial systems to ensure accurate reporting; support Line of Business Finance, Reinsurance, and Actuarial teams by responding to inquiries and resolving data-related issues.
  • Analyze financial results by product line for reasonableness by comparing actuals to outlook and prior year; investigate material variances, identify key drivers, and determine whether adjustments are required.
  • Develop, maintain, and run system allocations and management reports using the general ledger and TM1.
  • Perform monthly reconciliations of complex balance sheet accounts; identify root causes of reconciling items and recommend corrective actions.
  • Review key balance sheet line items for reasonableness and research material period-over-period changes to clearly explain drivers.
  • Prepare and review quarterly and annual statutory reporting, including Exhibit of Life, Schedule T, and other statutory exhibits, state pages, supplemental forms, and survey requests.
  • Support audit and control activities in accordance with The Hartford’s policies, including SOX, internal audit, external audit, and other regulatory bodies.
  • Lead the evaluation and enhancement of existing processes, workflows, and procedures, ensuring documentation is sufficiently detailed to support ongoing operations and issue resolution.
  • Lead and participate in projects impacting financial systems, including platform enhancements and special initiatives.
  • Lead and contribute to special projects requiring accounting expertise; perform ad hoc analyses and provide well-supported recommendations.

Qualifications:

  • Bachelor’s degree in Accounting, Finance, or a related field.
  • Minimum of 6 years of experience in insurance accounting, including statutory reporting experience (Blue Book experience preferred).
  • Experience with financial systems, including general ledger, financial reporting tools, and administrative systems.
  • Strong critical thinking, analytical, and quantitative skills with a high attention to detail.
  • Ability to learn quickly, work independently, and collaborate effectively as part of a team.
  • Strong communication, technical accounting, and problem-solving skills.
  • Ability to manage multiple priorities in a fast-paced environment.
  • Demonstrated ownership and accountability for meeting objectives and delivering high-quality results.

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$76,000 - $114,000

Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

About Us | Our Culture | What It’s Like to Work Here | Perks & Benefits

Top Skills

Administrative Systems
Financial Reporting Tools
Gaap
General Ledger
Tm1
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The Company
HQ: Hartford, Connecticut
20,002 Employees
Year Founded: 1810

What We Do

Human achievement is at the heart of what we do. We put our belief into action by not only ensuring individuals and businesses are well protected, but by going even further – making an impact in ways that go beyond an insurance policy

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