Senior Finance Manager- Insurance

Reposted 8 Days Ago
Be an Early Applicant
Hiring Remotely in USA
Remote
119K-158K Annually
Senior level
Aerospace • Energy
The Role
The Senior Finance Manager will lead financial reporting, compliance, and process improvements for ERAC, focusing on statutory and GAAP financial statements in the insurance sector.
Summary Generated by Built In
Job Description SummaryThis role is with ERAC, Employers Reassurance Corporation and a corporate holding of GE Aerospace. We are a reinsurance company supporting the long-term care insurance, structure settlements and Life along with other insurance products. Responsible for driving technical accounting compliance, financial and operational internal controls, process simplification, and operational excellence to deliver accurate actual financial reporting and analysis for both Statutory and US GAAP. Leads continuous process improvements initiatives. Has in-depth knowledge of best practices and how own area integrated with others; Stays informed of industry trends that may influence workJob Description

Roles and Responsibilities

  • This role will be with a subsidiary of GE Aerospace whose core business is Insurance primarily in the life, accident and health insurance space. Experience with financial services industry is required
  • Prepare and coordinate quarterly Statutory Accounting Practices (SAP) and Generally Accepted Accounting Principles (GAAP) financial statements, including detailed analysis, supplemental schedules and disclosures; coordinate internal reviews
  • Prepare and coordinate annual SAP statements and audited financial statements, including detailed analysis, supplemental schedules and disclosures; coordinate internal reviews
  • Complete periodic NAIC financial statement data and other regulatory filings
  • Prepare and review ERAC's legal entity Board reports
  • Support internal and external audits
  • Initiate and drive simplification initiatives and projects to continuously improve controllership environment, primarily related to financial reporting processes
  • Support other ERAC, regulatory and strategic/operational initiatives

Required Qualifications

  • Bachelor's degree in accounting or finance
  • Minimum 6 years of accounting or finance experience
  • Insurance industry experience in finance

Desired Characteristics

  • Certified Public Accountant (CPA) or equivalent certification
  • Financial reporting experience
  • Public Accounting experience; demonstrated expertise in SAP and GAAP accounting
  • Experience with OSFI regulatory reporting and IFRS accounting a plus
  • Leadership experience with senior management interaction
  • Demonstrated experience influencing and communicating at all levels across the business and managing multiple priorities
  • Demonstrated oral and written communication skills and ability to work cross-functionally
  • Proven project management and coordination skills
  • Proficient use of financial systems and Microsoft Office (e.g., Excel, Word, PowerPoint)

The base pay range for this position is $119,000.00 - 158,000.00 Annual. The specific pay offered may be influenced by a variety of factors, including the candidate’s experience, education, and skill set. This position is also eligible for an annual discretionary bonus based on a percentage of your base salary. This posting is expected to close on 6/4/26.

GE Aerospace offers comprehensive benefits and programs to support your health and, along with programs like HealthAhead, your physical, emotional, financial and social wellbeing. Healthcare benefits include medical, dental, vision, and prescription drug coverage; access to a Health Coach from GE Aerospace; and the Employee Assistance Program, which provides 24/7 confidential assessment, counseling and referral services. Retirement benefits include the GE Aerospace Retirement Savings Plan, a 401(k) savings plan with company matching contributions and company retirement contributions, as well as access to Fidelity resources and planning consultants. Other benefits include tuition assistance, adoption assistance, paid parental leave, disability insurance, life insurance, and paid time-off for vacation or illness. ​

GE Aerospace (General Electric Company or the Company) and its affiliates each sponsor certain employee benefit plans or programs (i.e., is a “Sponsor”). Each Sponsor reserves the right to terminate, amend, suspend, replace or modify its benefit plans and programs at any time and for any reason, in its sole discretion. No individual has a vested right to any benefit under a Sponsor’s welfare benefit plan or program. This document does not create a contract of employment with any individual.

Additional Information

GE Aerospace offers a great work environment, professional development, challenging careers, and competitive compensation. GE Aerospace is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

GE Aerospace will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).

Relocation Assistance Provided: No

#LI-Remote - This is a remote position

Skills Required

  • Bachelor's degree in accounting or finance
  • Minimum 6 years of accounting or finance experience
  • Insurance industry experience in finance
  • Certified Public Accountant (CPA) or equivalent certification
  • Financial reporting experience
  • Public Accounting experience; demonstrated expertise in SAP and GAAP accounting
  • Leadership experience with senior management interaction
  • Demonstrated experience influencing and communicating at all levels across the business

GE Aerospace Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about GE Aerospace and has not been reviewed or approved by GE Aerospace.

  • Healthcare Strength Health coverage is described as comprehensive, spanning medical, dental, vision, behavioral health support, disability, and company‑paid life/AD&D. Feedback suggests these provisions are competitive and materially enhance total rewards.
  • Retirement Support Retirement programs combine a 401(k) savings plan with company matching and an additional company retirement contribution. Feedback suggests this structure is valued for long‑term financial security.
  • Parental & Family Support Family‑oriented benefits include enhanced paid parental leave, bereavement leave for pregnancy loss, adoption assistance, and caregiver support services. Feedback suggests these policies provide meaningful support during major life events.

GE Aerospace Insights

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The Company
HQ: Boston, MA
156,896 Employees

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