VP, Investment Accounting - Financial Reporting

You desire impactful work.

You’reRGA ready

RGA is a purpose-driven organization working to solve today’s challenges through innovation and collaboration. A Fortune 200 Company and listed among its World’s Most Admired Companies, we’re the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.

A Brief Overview

Leads, manages and prioritizes financial reporting for the Company’s consolidated investment portfolio, both external SEC filings and internal financial analysis and presentations. Leads reporting across numerous legal entities under various guidelines including: US GAAP, US STAT, IFRS, capital adequacy under various regimes, ESG, tax and trust reporting.

What you will do

Strategic Leadership:

• As part of the Investment Accounting senior leadership team, help to define and execute the strategic vision for the function in alignment with Global Finance strategies and Investment strategies.
• Collaborate cross-functionally to learn and apply complex investment concepts to advise financial impact to new investment structures and strategies
• Leads investment accounting reporting activities related to integration of new business opportunities, new asset classes and other new investment related matters.

Reporting & Compliance:

• Lead month-end, quarter-end, and annual financial reporting processes for invested assets, income, and expenses in accordance with GAAP, IFRS, and statutory accounting principles, including preparation of financial statements and related disclosures.
• Oversee reporting and analysis for capital adequacy regimes (S&P, NAIC RBC, Solvency II, Bermuda BSCR), Tax reporting, ESG sustainability reporting, internal management reporting and plan, and trust reporting.
• Own the control environment over investment accounting reporting (design, documentation, operating effectiveness), meeting SOX 404 requirements, remediate findings, and mature controls through automation.
• Coordinates communication with external auditors, external advisors, service providers as well as local accounting offices and internal business stakeholders to ensure clear understanding of investment risks, drive issue resolution, and exchange of data for proper accounting and management reporting.

Policy:

• Oversee research and documentation of accounting treatment for new investment strategies and complex instruments, balancing Company’s investment goals, strategies and operational needs with accounting requirements.
• Develop and maintain accounting policies and position papers for investment-related transactions.

Team & Process Management:

• Own investment accounting reporting governance, sponsor system enhancements and build data marts and automated dashboards / performance metrics / self-service analytics for Finance and Investments partners for efficient data consolidation, analysis and visual presentation.
• Leads and manages work area activities including delivery of financial statements, disclosures, and analysis, team/department workflow, establishing and monitoring quality goals, reviewing work completed by direct reports, ensuring quality investment accounting practices and communication to associates and management.
• Performs management duties including hiring, training, evaluating, coaching, and disciplining direct reports. Fosters a positive and engaged work environment. Mentors associates and gives guidance on associate development.

Qualifications

Education and Experience

Required:

• Bachelor’s Degree in Accounting/Finance or equivalent related work experience
• 12+ years accounting or auditing experience
• 10+ years leadership experience
• Advanced experience in GAAP, IFRS and Statutory accounting
• Microsoft Office 365 (Excel, Outlook, Word, PowerPoint)

Preferred:

• Master’s Degree
• CPA certification
• 7+ years insurance/reinsurance or financial services accounting experience

Skills and Abilities

Required:

• Knowledge of accounting/finance, including broad business practices, investment accounting, GAAP, IFRS and/or statutory requirements.
• People management skills, demonstrating an ability to lead, mentor and develop associates and resolve conflicts; including the ability to delegate key areas of responsibility.