Director, Employee Benefits Accounting
Apply NowCompany: The Hartford Financial Services Group, Inc
Location: Hartford, CT 06106
Description:
Dir Accounting Reporting - FA06AE
We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.
We are seeking a Director, Employee Benefits Accounting. The Director will be self-motivated and bring experience in insurance accounting and complex problem-solving and thrive in a fast-paced, deadline-driven environment. The Director will bring strong people leadership and engagement skills and experience, and provide direction and oversight for the monthly accounting activities of The Hartford's Employee Benefits segment.
The Director will establish and maintain effective relationships within The Hartford's Controllers group (including External GAAP Reporting, Statutory Reporting and Reinsurance Accounting), Employee Benefits FP&A, Group Reinsurance Plus, Employee Benefits Actuarial, Corporate Tax, HIMCO Finance, and The Hartford's external auditors. With each of these constituencies, the Director will be the subject matter expert for the Employee Benefits monthly financial close. This role will report to the VP, Accounting Services, and be based in our Hartford, CT, Home Office on a hybrid basis (Tuesday, Wednesday, Thursday in the office).
Responsibilities:
Qualifications:
Compensation
The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:
$126,400 - $189,600
Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
About Us | Culture & Employee Insights | Diversity, Equity and Inclusion | Benefits
We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.
We are seeking a Director, Employee Benefits Accounting. The Director will be self-motivated and bring experience in insurance accounting and complex problem-solving and thrive in a fast-paced, deadline-driven environment. The Director will bring strong people leadership and engagement skills and experience, and provide direction and oversight for the monthly accounting activities of The Hartford's Employee Benefits segment.
The Director will establish and maintain effective relationships within The Hartford's Controllers group (including External GAAP Reporting, Statutory Reporting and Reinsurance Accounting), Employee Benefits FP&A, Group Reinsurance Plus, Employee Benefits Actuarial, Corporate Tax, HIMCO Finance, and The Hartford's external auditors. With each of these constituencies, the Director will be the subject matter expert for the Employee Benefits monthly financial close. This role will report to the VP, Accounting Services, and be based in our Hartford, CT, Home Office on a hybrid basis (Tuesday, Wednesday, Thursday in the office).
Responsibilities:
- Manage and lead a team of individuals, including three full-time employees as well as a team of offshore contractors who handle the completion of the monthly accounting close for The Hartford's Employee Benefits segment.
- Lead daily close meetings during month-end close peak periods with combined onshore and offshore teams to ensure coordination of efforts to complete the close.
- Partner closely with the Employee Benefits FP&A, Actuarial, Group Reinsurance Plus and Treasury teams to ensure timely and accurate reporting. Present monthly GAAP results and quarterly Statutory results to a subset of this group.
- Be the primary point of contact for Employee Benefits blocks of business acquired or sold through reinsurance transactions including Aetna, CNA and Talcott. Provide direct and ceded information, as well as other required reporting to those entities as necessary.
- Support Corporate Compliance, CT Department of Insurance and various auditors as needed for periodic exams.
- Serve as subject matter expert to provide correct accounting guidance for new product offerings, new accounting pronouncements, and for any system modernizations/implementations.
- Review for monthly journal entries and account reconciliation supporting documentation.
- Populate Close the Books metrics owned by Employee Benefits accounting operations.
- Identify and lead process improvement initiatives to drive efficiencies and enhance our control environment, including leveraging new technologies (e.g. generative AI) as appropriate.
Qualifications:
- Minimum of 10 years' accounting experience; insurance accounting and/or public accounting experience preferred, C.P.A. a plus.
- At least two years' experience successfully leading, managing, and developing a team.
- Strong relationship, communication and presentation skills; demonstrated ability to be effective working in a complex matrixed environment.
- Strong decision-making skills and sound judgement; ability both to work independently and as a member of team skills.
- Willingness to be flexible and able to successfully balance multiple competing priorities.
- Strong technical accounting and problem-solving skills with a mindset on ensuring a sound internal control environment. Well-developed analytical and documentation skills.
- Demonstrated ability to challenge the status quo and willingness to embrace change.
- Experience with financial systems: PeopleSoft General Ledger, TM1 and other finance modules, Workiva, insurance administrative systems, strongly preferred.
- Bachelor's degree in accounting, finance or related field required.
Compensation
The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:
$126,400 - $189,600
Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
About Us | Culture & Employee Insights | Diversity, Equity and Inclusion | Benefits