Senior Reinsurance Accountant II

Reposted 6 Days Ago
2 Locations
In-Office
122K-149K Annually
Senior level
Financial Services
The Role
As a Senior Reinsurance Accountant II, you'll support reinsurance accounting, reporting, and analysis, ensuring compliance and collaborating with different departments.
Summary Generated by Built In

Job Description:

Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead – our policyholders count on us to be there when it matters most. It’s a big ask, but it’s one that we have the power to deliver when we work together. We collaborate and innovate – pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it’s the right thing to do. Pacific Life is more than a job, it’s a career with purpose. It’s a career where you have the support, balance, and resources to make a positive impact on the future – including your own.
We’re actively seeking a talented Senior Reinsurance Accountant II to join our Reinsurance Accounting and Reporting team in Newport Beach, CA or Omaha, NE.
As a Senior Reinsurance Accountant II you’ll move Pacific Life, and your career, forward by supporting the Company's fast-moving reinsurance initiatives with specialized financial literacy and perspective. You will fill an existing role that sits on a small team of reinsurance accounting subject matter experts within the Corporate division, reporting into the broader Enterprise Accounting and Reporting group.
How you’ll help move us forward:

  • Support the Reinsurance accounting and financial reporting function to fulfill our monthly, quarterly, and annual deliverables and controls.

  • Develop and provide concise, relevant, meaningful reporting and analysis to facilitate management’s review of the financial results.

  • Communicate issues and the business impact to management.

  • As a Reinsurance subject matter expert, contribute interpretation, advice, and perspective especially on highly technical subject matters.

  • Prepare monthly and quarterly data validations and analysis to generate required journal entries to support both our Statutory and GAAP ledgers.

  • Responsible for end-to-end processes and calculations that support our Reinsurance financial results.

  • Prepare reporting deliverables to support annual regulatory filings, reinsurance settlements, and other Company initiatives.

  • Perform review of financial results to evaluate reasonableness in the context of current business events and trends.

  • Support relationships with internal and external customers, owning communication channels and fulfill requests.

  • Collaborate with other departments and supporting external parties to resolve issues and develop long-term solutions.

  • Execution and updating of Internal Control over Financial Reporting (ICFR) flowcharts and documentation for the department.

  • Leading or participating in department or divisional projects as required.

  • Providing audit support to internal and external auditors.

  • Creating and reviewing process documentation and pursuing and performing process improvements for areas of responsibility.

  • Understand, learn, and apply accounting and financial reporting principles, insurance and reinsurance knowledge, and general business acumen.

  • Use best practices and knowledge of internal or external business issues to improve services and solve long-term problems.

  • Independently tackle complex problems, applying ingenuity and creativity to develop solutions.

  • Actively seek out and increases knowledge of systems, products, and the business.

  • Proactively engage in knowledge sharing and peer training.

The experience you bring:

  • 8+ years of experience in Reinsurance or Insurance Accounting and Financial Reporting.

  • Proficiency with Microsoft Office, including Excel, Teams, Outlook, etc.

  • Ability to manage multiple responsibilities under tight time frames.

  • Possesses excellent oral and written communication skills.

  • Strong technical, analytical, and problem-solving skills.

  • Strong organizational skills, ability to work well in deadline-driven environment.

  • Strong accountability, customer focus, collaboration, and a team player.

  • Comfortable with collaborating with all different levels of management.

What makes you stand out:

  • CPA candidacy or licensure.

  • Experience or certification with PeopleSoft, Oracle, Appian, Workiva, Essbase, Alteryx, Tableau, Profisee, SQL, or Snowflake.

You can be who you are.

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential. What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife

#LI-TM1

Base Pay Range:

The base pay range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.

$121,770.00 - $148,830.00

Your Benefits Start Day 1  
 

Your wellbeing is important to Pacific Life, and we’re committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered.

  • Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents

  • Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off

  • Paid Parental Leave as well as an Adoption Assistance Program

  • Competitive 401k savings plan with company match and an additional contribution regardless of participation

EEO Statement:

Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.

Top Skills

Alteryx
Appian
Essbase
MS Office
Oracle
Peoplesoft
Profisee
Snowflake
SQL
Tableau
Workiva
Am I A Good Fit?
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The Company
HQ: Newport Beach, CA
3,447 Employees
Year Founded: 1868

What We Do

For more than 150 years, Pacific Life has helped millions of individuals and families with their financial needs through a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Whether your goal is to protect loved ones or grow your assets for retirement, Pacific Life offers innovative products and services that provide value and financial security for current and future generations. Pacific Life counts more than half of the 100 largest U.S. companies as its clients and has been named one of the 2022 World’s Most Ethical Companies® by the Ethisphere Institute. For additional company information, including current financial strength ratings, visit www.PacificLife.com.

Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Client count as of June 2022 is compiled by Pacific Life using the 2022 FORTUNE 500® list.

Learn more about Pacific Life:
www.instagram.com/pacificlife
www.twitter.com/pacificlife
www.facebook.com/PacificLife
www.youtube.com/user/PacificLifeInsurance

Please review our social media guidelines: paclife.co/social

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