Bright House Financial, LLC

Senior Accountant, Reinsurance (Charlotte, NC (Hybrid) or Remote)

Bright House Financial, LLC • $78K — $90K *
Charlotte, NC 28269Hybrid
Finance & Insurance
5 - 7 years of experience
2 months ago
Job Overview by Ladders

Qualifications

  • BS/BA in accounting or finance
  • 5+ years of financial accounting and reporting experience
  • Preferred insurance industry background
  • Strong ability to multitask and meet deadlines
  • Excellent communication, analytical, and problem-solving skills
  • Team player with the ability to work independently
  • Knowledge of GAAP and statutory accounting practices
  • Highly proficient in Excel and quick to learn new systems

Responsibilities

  • Support preparation of monthly, quarterly, and year-end financial statements and regulatory reporting
  • Research variances and conduct monthly/quarterly analytics reviews
  • Review and complete monthly/quarterly account reconciliations
  • Prepare monthly journal entries and financial reporting
  • Manage monthly reinsurance settlements and modeling
  • Coordinate with business lines, reinsurers, and actuaries for financial reporting
  • Drive process improvements and communicate project progress to management
  • Perform additional related duties as required

Benefits

  • Flexible work environment with remote or office options
  • Minimum of 20 days paid time off plus 16 paid holidays and additional volunteer/study time
  • 401(k) savings plan with company match and contributions
  • Comprehensive medical, vision, and dental plans with health savings account contributions
  • Up to 16 weeks paid leave for new parents and various family support benefits
  • Company-paid basic life and short-term disability insurance
  • Opportunities for team-building events throughout the year
Full Job Description
Where you'll work:

Our flexible, hybrid work model offers the option to work remotely or in the office.

How you'll contribute:

As a Senior Accountant, Reinsurance, you'll be responsible for supporting Brighthouse Financials' reinsurance subsidiaries' accounting and reporting functions. Coordinates with team for successful completion of the financial statements, preparation of monthly journal entries, reinsurance settlements and models, analysis, account reconciliations, and participation in unit projects to maintain and improve business continuity. Works within reporting requirements and guidelines of applicable regulatory agencies to maintain records and prepare required financial reports.

In this role, you'll get to:
  • Support the preparation of monthly, quarterly and year-end regulatory reporting, financial statements and related information for both GAAP and STAT accounting.
  • Research variances and reviews monthly/quarterly analytics.
  • Reviews/completes monthly/quarterly reconciliations.
  • Review/prepare monthly journal entries, reconciliations and monthly financial reporting.
  • Review/prepare monthly reinsurance settlements and models.
  • Interact and coordinate with the lines of business, reinsurers, administrative areas and actuaries in carrying out assigned financial reporting responsibilities.
  • Process improvements, ongoing initiatives and projects and communication with management on progress of such items.
  • Perform other related duties as assigned or required.


We're looking for people who have:
  • BS/BA in accounting or finance.
  • 5 or more years ofexperience in financial accounting and reporting.
  • Insurance experience preferred.
  • Ability to handle multiple tasks and deadlines.
  • Excellent verbal, written and interpersonal communication skills, strong analytical and problem-solving skills.
  • Ability to work effectively as part of a team as well as independently.
  • Knowledge of statutory and GAAP accounting practices/procedures.
  • Highly proficient in Excel and must be able to learn other systems used quickly as the projects will require a lot of research and analysis.


Research shows some people may not apply for a role if they don't check all the boxes of a job description. If you don't check every box listed, that's okay. We would love to hear from you.

What you'll receive:
  • Compensation - Base salary ranging from $78,000 to $90,000 plus competitive performance-based incentives determined by company and individual results.
  • Flexible Work Environment - Work remotely or in the office to better thrive in all areas of life.
  • Paid Time Off - Recharge with a minimum of 20 days of paid time off and 16 paid company holidays per calendar year plus paid volunteer time and paid study time.
  • Financial Health - Work toward achieving your financial goals through our401(k) savings plan with company match (up to 6%) and annual company nondiscretionary contribution (3%), and financial counseling services.
  • Health and Wellness - Enjoy competitive medical, vision, and dental plans plus tax-free health savings accounts with potential company contributions up to $1,000 per family.
  • Family Support - Care for loved ones with up to 16 weeks of paid leave for new parents, back-up dependent care, dependent care flexible spending account, and up to a $25,000 lifetime maximum during your adoption, infertility, or surrogacy journey.
  • Life and Disability Support - Gain access to company-paid basic life insurance and short-term disability insurance.


The company and your department may occasionally gather in person throughout the year to foster a culture of belonging and promote team building. We'd love for you to join us during those company-wide and department-wide events to help you strengthen connections across the company.

About Bright House Financial, LLC

Brighthouse Financial offers annuities and life insurance that help protect what people have earned and ensure it lasts. The company is built on a foundation of experience and knowledge, which enables it to provide the value the customers deserve. The company has over $200 billion in total assets, more than 2 million customers, and approximately 2.5 million annuity contracts and insurance policies in force. Brighthouse Financial is the brand name for Brighthouse Life Insurance Company, Brighthouse Life Insurance Company of NY, and New England Life Insurance Company. Brighthouse Financial was founded in 2017 and is headquartered in Charlotte, North Carolina.

Bright House Financial, LLC Careers

Join the dynamic team at Bright House Financial, LLC, a premier financial services provider where innovation meets expert financial guidance. We are currently expanding our talented team, offering a range of job opportunities that promise not only professional growth but also a chance to be part of a culture that values leadership and diversity.

Why Bright House Financial, LLC?

At Bright House Financial, LLC, we believe in empowering our employees to excel through comprehensive training and development programs. As a company, we are committed to fostering an inclusive environment where diverse ideas and perspectives lead to innovative financial solutions for our clients.

Explore Career Opportunities

Whether you're a seasoned professional looking for your next career challenge or a recent graduate eager to start your internship, Bright House Financial, LLC offers a variety of positions across multiple disciplines. Our team is hiring individuals who are passionate about financial services and dedicated to client success.

What We Offer

- **Professional Growth**: Advance your career with our leadership programs, diversity training, and opportunities for promotion. - **Innovative Culture**: Be part of a culture that thrives on innovation and continuous improvement. - **Competitive Benefits**: Enjoy a comprehensive benefits package that supports the health and well-being of you and your family. - **Networking and Mentorship**: Engage with industry leaders and gain valuable insights through structured networking events and mentorship.

Join Our Team

Bright House Financial, LLC is looking for curious, creative, and solution-driven team players. Explore job opportunities that match your skills and interests. We value the unique contributions of each employee and are excited to see how your skills and ideas can help shape the future of our company.

Prepare for Your Interview

Ready to join our team? Prepare your resume to highlight your relevant experience and skills. Our interview process is designed to understand your capabilities and how they align with the goals of Bright House Financial, LLC. We look forward to learning about your professional journey and discussing how you can contribute to our team.

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Discover Bright House Financial, LLC

Explore the exciting and rewarding career opportunities at Bright House Financial, LLC. See what positions are available and how you can contribute to our mission of delivering exceptional financial services.

SEARCH BRIGHT HOUSE FINANCIAL JOBS

Join us at Bright House Financial, LLC, where your career is just as important to us as it is to you. Let’s build a brighter future together.
Learn more about Bright House Financial, LLC
Size
1,500 employees
Market Cap
$3.5 billion
Industry
Finance & Insurance
Net Income
-$1 billion
5 Year Trend
-7.1%
Revenue
$8.5 billion
NASDAQ
BHF
* Ladders Estimates

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