Securian Financial Group

Financial Reporting Consultant - Life & Annuity Product Accounting

Securian Financial Group$73K — $136K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Accounting experience with statutory, management-based, tax, and GAAP reporting.
  • Bachelor’s degree in Accounting, Finance, or Math.
  • Strong analytical skills for financial statement analysis.
  • Effective communication skills for stakeholder collaboration.
  • Excellent attention to detail.

Responsibilities

  • Determine accounting treatment for products and reinsurance structures across various accounting bases.
  • Prepare journal entries, reconciliations, financial statements, and schedules for reporting.
  • Validate and test accounting system results; develop controls for accurate reporting.
  • Support financial reporting across multiple legal entities.
  • Analyze financial results and key business drivers by product and entity.
  • Support goals and plans for Individual Solutions and Securian Re.
  • Provide insights on profitability, capital efficiency, and business performance.

Benefits

  • Hybrid work model allows for flexibility between virtual and office work.
  • Opportunity to engage in strategic projects related to Securian Re.
  • Support for professional development amidst the evolving financial landscape.
  • Collaborative environment for meaningful relationship building with colleagues.
Full Job Description

Overview:

TheFinancial ReportingConsultant supportsthe growth of Securians Individual Life and Individual Annuity businessesthrough theirleadership in financial reporting. As Individual Solutions expands its affiliate reinsurance strategy through Securian Re, this position will help shape and support the financial infrastructure needed to manage increasingly complex products, entities, and accounting frameworks.

This role willisresponsible for thereinsurance and product accounting across statutory, GAAP, and Bermuda economic accounting bases. This role will partneracrossfinance, actuarial, and business teams to deliveraccuratereporting, meaningful financial insights, and strong operational governance. The position offers a unique opportunity tobuild for our future growthandinform business management.

Responsibilitiesinclude but are not limited to:

Accounting & Financial Reporting

  • Determineaccounting treatment forIndividualSolutionsproductsand reinsurance structures, includingstatutory, GAAP, and Bermuda accounting bases.

  • Prepare journal entries, reconciliations, financial statements, and supporting schedules for monthly and quarterly reporting.

  • Validate and testaccountingsystem results;develop proceduresand controlsto ensureaccuratefinancial reporting.

  • Support reporting across multiplelegalentities, including Minnesota Life, Securian Life, and Securian Re.

Financial Analysis & Planning

  • Analyze financial results and key business drivers across products, entities, and accounting lenses.

  • Supportgoals andplansactivitiesforIndividual Solutions and Securian Re.

  • Provideinsightstoleadershiponprofitability, capital efficiency, and business performance.

Audit, Governance & Process Improvement

  • Support audits, regulatory reviews, and communications with auditors, examiners, and rating agencies.

  • Maintain strong documentation, controls, and accounting governance practices.

  • Identifyand implement process improvements to enhance reporting efficiency and effectiveness.

  • Participate in strategic projects and initiatives related to Securian Re, including future deals.

Qualifications:

  • Accounting experience with exposure to statutory, management-based, tax and GAAP for financial reporting and budgeting.

  • Bachelors degree (preferably in Accounting, Finance, or Math).

  • Demonstrated analytical skills to review and analyze financial statements.

  • Ability to communicate and work with a variety of stakeholders.

  • Excellent attention to detail.

Preferred Qualifications:

  • Knowledge of insurance accounting concepts and products, including individual life and individual annuities.

  • Reinsurance accounting experience.

Securian Financial believes in hybrid work as an integral part of our culture. Associates get the benefit of working both virtually and in our offices. If youre in a commutable distance (90 minutes), youll join us 3 days each week in our offices to collaborate and build relationships. Our policy allows flexibility for the reality of business and personal schedules.

Preferred Skills:

Analytical Thinking, Cash Flow Management, Collaboration, Critical Thinking, Data Analysis, Detail-Oriented, Financial Forecasting, Problem Solving, Statement Analysis

The estimated base pay range for this job is:

$73,700.00 - $136,800.00

Pay may vary depending on job-related factors and individual experience, skills, knowledge, etc. More information on base pay and incentive pay (if applicable) can be discussed with a member of the Securian Financial Talent Acquisition team.

About Securian Financial Group

Securian Financial Group, Inc. is a mutual holding company that provides a range of financial products and services. Founded in St. Paul, Minnesota by Russell Dorr on August 6, 1880, Securian Financial provides insurance, investment retirement products and Trust services to more than 19 million clients in the United States, Puerto Rico and Canada. As of 2018, the company managed $78.6 billion in assets and had nearly $1.2 trillion in insurance in force. Robert Senkler was the CEO from 1994 to 2014. Chris Hilger is the current chairman, president and CEO. Minnesota Mutual Companies, Inc. is the parent holding company headquartered in St. Paul, MN with a mutual ownership model that operates under the name "Securian Financial". It is the parent of Securian Financial Group, Inc., as well as several other companies that provide a broad range of financial services, including:
Learn more about Securian Financial Group
Industry
Founded
1880

Similar Jobs

More Jobs at Securian Financial Group

More Finance & Insurance Jobs

Find similar Financial Reporting Consultant - Life & Annuity Product Accounting jobs: