Nationwide Insurance

Sr. Analyst, Financial Reporting

Nationwide Insurance$62K — $115K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree in business administration, accounting, finance, or insurance.
  • Minimum of 2 years of relevant industry experience.
  • Proficient in GAAP and statutory accounting bases.
  • Familiarity with insurance regulatory requirements.
  • Strong verbal and written communication skills.
  • Ability to analyze complex financial statements and trends.

Responsibilities

  • Prepare and review complex federal and state financial statements and reports.
  • Assist in evaluating quarterly financial results and analyzing trends.
  • Analyze pending legislation and revise accounting policies as needed.
  • Ensure timely tax payments in compliance with laws and regulations.
  • Provide audit support for external auditors and regulatory agencies.
  • Improve the monthly/quarterly close and reporting process.
  • Participate in the development of enhanced financial reporting systems.

Benefits

  • Comprehensive medical, dental, and vision insurance.
  • Life insurance and short/long term disability coverage.
  • Paid time off of a minimum of 18 days per year plus holidays.
  • 401(k) plan with company match and a company-paid pension plan.
  • Business casual attire and flexible work arrangements.
Full Job Description
This role will assist in the preparation of audited financial statements for Nationwide's Separate Accounts, broker-dealer entities, and benefit plans. The role requires proficiency in insurance accounting, Woriva, OACS, and the data infrastructure that supports financial reporting, along with an understanding of Nationwide's products. A significant focus will be continuous improvement of reporting team processes to enable efficiencies and reduce operational risk. This position will be hired on a SuccessFlex basis. The hired associate must reside within 35 miles of the following location(s): 1 Nationwide Plaza Work schedule: 2 days in office, 3 days remote. This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program. #LI-CA1 #nationwidefinance #financialreporting Job Description Summary Do you want to invest in yourself and thrive in an environment of innovation, problem solving, collaboration and learning? If you're prepared to work in a technology-enable, digitally focused organization, where controllership is a captivating and respected career, we want to hear from you! As a Senior Analyst, you'll perform complex functions associated with GAAP and statutory financial reporting, premium taxes, payroll taxes, and/or statistical and supplemental statutory reporting requirements. Your responsibilities also may also include preparation and analysis of reports that are filed with the SEC, industry bureaus, government agencies, state departments of insurance, taxing authorities, and/or other regulatory agencies. We'll count on you to work closely with others on monitoring and evaluating controls, income/expense analysis and special projects. Job Description Key Responsibilities: - Prepares and reviews complex federal, state and local statutory financial statements and reports, supplemental and statistical forms and data calls and/or employment, premium, sales/use and personal property tax returns, as well as related journal entries as assigned in accordance with state and federal laws, regulations and/or instructions. These reports, forms, returns, and data calls are provided to various state and federal regulatory bodies, Fortune Magazine, various ratings agencies (S&P, Moody's, AM Best, etc.), debt-holders, the Nationwide Audit Committee, various state agencies and/or others. - Assists in reviewing and evaluating quarterly financial results and assists in analyzing trends to ensure accurate reporting, integrity of data and to avoid fines and penalties. - Stays informed and assists in analyzing the potential impact of pending legislation and proposed new or revised GAAP and statutory accounting policies, as directed. Participates in research, analysis and implementation of new and/or revised accounting policies, procedures and disclosures with Accounting policy. - Ensures the timely initiation of high dollar amounts of related tax and fee payments as required by the state and federal laws, regulations and instructions. - Provides audit evidence and support to external audit firms and state departments of insurance, under direction. Assists in responding to requests and inquiries from external auditors, IRS, state departments and examiners, statistical bureaus and/or other regulatory agencies on analytical inquiries, compliance and/or data quality/integrity matters. Helps prepare information to be used in the administration and settlement of financial and tax audits. - Assists in improving monthly/quarterly close and reporting process. - Reviews work performed by offshore contractors, as requested and under direction. - Prepares, reviews and maintains documentation and testing of controls over financial reporting, as assigned. - Participates in the development and design of new and enhanced systems and processes to produce high-quality results in an efficient manner, while meeting all established and regulatory timelines. - Prepares special reports and presentations to management and internal customers as advised. - Participates on selected projects as advised. May perform other responsibilities as assigned. Reporting Relationships: Reports to Manager or Director Typical Skills and Experiences: Education: Undergraduate degree in business administration, accounting, finance, insurance or other relevant academic subject areas preferred. Experience: More than two years of relevant industry experience. Knowledge, Abilities and Skills: GAAP and/or statutory accounting bases. Insurance regulatory requirements. Complex financial statement preparation, including consolidation of companies/subsidiaries. Financial/statistical analysis. Principles of taxation and the related impact on financial statement preparation. Accounting and/or business computer systems. Must have the ability to analyze financial or statistical results and trends and understand complex financial reporting requirements. Must have verbal and written communication skills to communicate professionally with regulators and business partners. Ability to understand changes in financial or statistical reporting and legal/regulatory requirements relative to the impact on financial statement preparation, premium and payroll taxes and supplemental or statistical filings and to the formulation of company or business area policies and procedures. Must have the ability to operate and maintain efficient financial information networks, systems and software. Other criteria, including leadership skills, competencies and experiences may take precedence. Staffing exceptions to the above must be approved by the hiring manager's leader and Human Resources Business Partner. Values: Regularly and consistently demonstrates Nationwide Values. Job Conditions: Overtime Eligibility: Exempt (Not eligible) Working Conditions: Normal office environment; extended and/or non-standard work hours as needed. ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties. Benefits We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here. NOTE TO EMPLOYMENT AGENCIES: We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means. Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule. The national salary range for Sr Analyst, Financial Reporting : $62,500.00-$115,500.00 The expected starting salary range for Sr Analyst, Financial Reporting : $62,500.00 - $93,500.00

About Nationwide Insurance

Nationwide Mutual Insurance Company & Affiliated Companies is a group of large U.S. insurance and financial services companies based in Columbus, Ohio. Nationwide has grown from a small mutual auto insurer owned by policyholders to one of the largest insurance and financial services companies in the world, with more than $158 billion in statutory assets.

Nationwide Insurance Careers

Join the Nationwide Insurance team today and be part of a company that values innovation, leadership, and diversity. As one of the leading insurance and financial services providers, Nationwide offers unparalleled job opportunities that foster professional growth and development. Work You’ll Do At Nationwide Insurance, you’ll contribute to projects that impact lives and help communities thrive. You’ll work alongside a team of experts dedicated to upholding the highest standards in insurance and financial services. Our culture is built on a foundation of respect and integrity, driving us to achieve excellence in everything we do. Nationwide Insurance is not just about insurance; it’s about fostering an environment of continuous growth and innovation. With a variety of career paths available, from customer service to claims management, each position offers the chance to make a significant impact. Join Our Market-Leading Team Nationwide Insurance is home to some of the most dedicated professionals in the industry. Our team benefits from leadership that is committed to personal and professional development, ensuring that every employee has the opportunity for career advancement and skill enhancement. Innovate with Us Embrace the opportunity to work on groundbreaking projects that set industry standards. Nationwide’s commitment to innovation means constantly seeking out new ways to improve our services and processes, benefiting both our customers and our team members. Internship and Employment Opportunities Start your career with Nationwide Insurance through our internship programs or dive straight into a fulfilling career with vast employment opportunities. We are looking for passionate, curious, and driven individuals ready to make a difference in the insurance industry. Diversity and Inclusion At Nationwide, diversity and inclusion are more than just words—they are principles guiding how we build our teams, cultivate leaders, and create a company that’s the right fit for every person inside of it. We offer diversity training and resources that promote an inclusive workplace. Benefits and Culture Nationwide Insurance is committed to supporting our team members’ well-being both inside and outside of work. Our benefits package includes comprehensive health care, retirement plans, and generous paid time off. More than just benefits, our company culture encourages networking, mentorship, and community involvement. Career Development Invest in your future with Nationwide Insurance’s career development programs. From resume and interview workshops to advanced leadership training, we provide the tools to help you succeed and advance within the company. Stay Connected Join Our Team Explore the various positions available at Nationwide Insurance that match your skills and interests. We are continuously hiring and looking for new talent to join our professional network. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights—all from the people who work at Nationwide Insurance. Job Alert Emails Customize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Nationwide Insurance. Join Nationwide Insurance today and be part of a team that is dedicated to making a difference in the lives of our customers and communities.
Learn more about Nationwide Insurance
Size
28,000 employees
Industry
Founded
1925

Similar Jobs

More Jobs at Nationwide Insurance

More Finance & Insurance Jobs

Find similar Sr. Analyst, Financial Reporting jobs: