eFinancialCareers

• Location

  New York, NY, 10111

• Compensation

  Base Salary Plus Bonus Potential

• Position Type

  Permanent

• Employment type

  Full time

• Updated

  25 Nov 2009

• eFC Ref no

  543792

Responsibilities:

• Report directly to the Domestic and Foreign General Insurance segment CFO’s and the Corporate Director of Accounting Policy

• Assist all General Insurance business unit controllers and CFOs in the implementation, interpretation and administration of US GAAP accounting policies, including ongoing technical assistance and periodic training

• Assure that accounting policies are consistently applied throughout the General Insurance segment

• Perform initial research and document the appropriate US GAAP (and US Statutory) accounting and reporting for all significant and non-standard transactions emanating from the General Insurance segment

• Serve as a voting member on all key transaction review and new product review and approval committees

• Serve as key contact in all accounting policy related matters with the Corporate Office of Accounting Policy, Internal Audit department and the independent auditors

• Identify and document areas where US GAAP differs from International Accounting Financial Standards (IFRS) as they relate to General Insurance Operations

Education and Experience:

• Proficiency in US GAAP required

• CPA with recent accounting policy experience within the insurance industry is required or at least 6-8 years of public accounting experience serving insurance industry clients.  Financial services experience is also helpful, but not required. 

Knowledge of U.S. Statutory Accounting preferred