Senior Financial Reporting Analyst II, Reinsurance
8 months ago
Employment Information
Job Description:
Pacific Life is investing in bright, agile, and diverse new talent to ensure we continue to innovate and strengthen relationships with our policyholders. That’s why we’re actively seeking a Senior Financial Reporting Analyst II to join our team to support our Reinsurance Financial Reporting function.
If you’re an experienced professional in the financial services industry with a strong technical grasp of insurance and reinsurance, you’re a great fit for this role. Technical capabilities aside, if you’re a mission-driven self-starter who’s comfortable with ambiguity, and who thrives in a fast-paced, collaborative culture, you’re a perfect fit for Pacific Life. This role is based in our Newport Beach, CA office (with a hybrid work schedule). However, we will consider 100% remote for the right candidate.
How you will make an impact:
Support the Reinsurance accounting and financial reporting function to fulfill our monthly, quarterly, and annual deliverables and controls
Develop and provide concise, relevant, meaningful reporting and analysis to facilitate management’s review of the financial results
Communicate issues and the business impact to management
As a Reinsurance subject matter expert, contribute interpretation, advice, and perspective especially on highly technical subject matters
Prepare monthly and quarterly data validations and analysis to generate required journal entries to support both our Statutory and GAAP ledgers
Responsible for end-to-end processes and calculations that support our Reinsurance financial results
Prepare reporting deliverables to support annual regulatory filings, reinsurance settlements, and other Company initiatives
Perform review of financial results to evaluate reasonableness in the context of current business events and trends
Support relationships with internal and external customers, owning communication channels and fulfill requests
Collaborate with other departments and supporting external parties to resolve issues and develop long-term solutions
Execution and updating of Internal Control over Financial Reporting (ICFR) flowcharts and documentation for the department
Leading or participating in department or divisional projects as required
Providing audit support to internal and external auditors
Creating and reviewing process documentation and pursuing and performing process improvements for areas of responsibility
Understand, learn, and apply accounting and financial reporting principles, insurance and reinsurance knowledge, and general business acumen
Use best practices and knowledge of internal or external business issues to improve services and solve long-term problems
Independently tackle complex problems, applying ingenuity and creativity to develop solutions
Actively seek out and increases knowledge of systems, products, and the business
Proactively engage in knowledge sharing and peer training
The experience you will bring:
Proficiency with Microsoft Office, including Excel, Teams, Outlook, etc.
5-8 years of experience in Accounting, Financial Reporting, Insurance, and/or Reinsurance
Ability to manage multiple responsibilities under tight time frames
Possesses excellent oral and written communication skills
Strong technical, analytical, and problem-solving skills
Strong organizational skills, ability to work well in deadline-driven environment
Strong accountability, customer focus, collaboration, and a team player
Comfortable with collaborating with all different levels of management
What will make you stand out:
CPA candidacy or licensure
Experience or certification with PeopleSoft, Oracle Analytics, Workiva, Essbase, Alteryx, Tableau, Profisee, SQL, or Snowflake
#LI-JA1
You belong at Pacific Life
At Pacific Life we are committed to a culture of belonging, a space where all employees are empowered to be authentic. One way we cultivate an inclusive culture is through our employee connection groups. The purpose of these employee-led groups is to offer a place to build community, connection, camaraderie, and a sense of belonging. Each group can be active in education, advocacy, recruitment, and community building throughout our organization. Learn more about our employee connection groups at www.pacificlife.com.
Want to learn more about life at Pacific Life? Take an inside look at our company culture: Instagram.com/lifeatpacificlife.
Base Pay Range:
The base pay range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.
$118,800.00 - $145,200.00
Your Benefits Start Day 1
Your wellbeing is important to Pacific Life, and we’re committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered.
Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents
Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off
Paid Parental Leave as well as an Adoption Assistance Program
Competitive 401k savings plan with company match and an additional contribution regardless of participation
EEO Statement:
Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.
Pacific Life is investing in bright, agile, and diverse new talent to ensure we continue to innovate and strengthen relationships with our policyholders. That’s why we’re actively seeking a Senior Financial Reporting Analyst II to join our team to support our Reinsurance Financial Reporting function.
If you’re an experienced professional in the financial services industry with a strong technical grasp of insurance and reinsurance, you’re a great fit for this role. Technical capabilities aside, if you’re a mission-driven self-starter who’s comfortable with ambiguity, and who thrives in a fast-paced, collaborative culture, you’re a perfect fit for Pacific Life. This role is based in our Newport Beach, CA office (with a hybrid work schedule). However, we will consider 100% remote for the right candidate.
How you will make an impact:
Support the Reinsurance accounting and financial reporting function to fulfill our monthly, quarterly, and annual deliverables and controls
Develop and provide concise, relevant, meaningful reporting and analysis to facilitate management’s review of the financial results
Communicate issues and the business impact to management
As a Reinsurance subject matter expert, contribute interpretation, advice, and perspective especially on highly technical subject matters
Prepare monthly and quarterly data validations and analysis to generate required journal entries to support both our Statutory and GAAP ledgers
Responsible for end-to-end processes and calculations that support our Reinsurance financial results
Prepare reporting deliverables to support annual regulatory filings, reinsurance settlements, and other Company initiatives
Perform review of financial results to evaluate reasonableness in the context of current business events and trends
Support relationships with internal and external customers, owning communication channels and fulfill requests
Collaborate with other departments and supporting external parties to resolve issues and develop long-term solutions
Execution and updating of Internal Control over Financial Reporting (ICFR) flowcharts and documentation for the department
Leading or participating in department or divisional projects as required
Providing audit support to internal and external auditors
Creating and reviewing process documentation and pursuing and performing process improvements for areas of responsibility
Understand, learn, and apply accounting and financial reporting principles, insurance and reinsurance knowledge, and general business acumen
Use best practices and knowledge of internal or external business issues to improve services and solve long-term problems
Independently tackle complex problems, applying ingenuity and creativity to develop solutions
Actively seek out and increases knowledge of systems, products, and the business
Proactively engage in knowledge sharing and peer training
The experience you will bring:
Proficiency with Microsoft Office, including Excel, Teams, Outlook, etc.
5-8 years of experience in Accounting, Financial Reporting, Insurance, and/or Reinsurance
Ability to manage multiple responsibilities under tight time frames
Possesses excellent oral and written communication skills
Strong technical, analytical, and problem-solving skills
Strong organizational skills, ability to work well in deadline-driven environment
Strong accountability, customer focus, collaboration, and a team player
Comfortable with collaborating with all different levels of management
What will make you stand out:
CPA candidacy or licensure
Experience or certification with PeopleSoft, Oracle Analytics, Workiva, Essbase, Alteryx, Tableau, Profisee, SQL, or Snowflake
#LI-JA1
You belong at Pacific Life
At Pacific Life we are committed to a culture of belonging, a space where all employees are empowered to be authentic. One way we cultivate an inclusive culture is through our employee connection groups. The purpose of these employee-led groups is to offer a place to build community, connection, camaraderie, and a sense of belonging. Each group can be active in education, advocacy, recruitment, and community building throughout our organization. Learn more about our employee connection groups at www.pacificlife.com.
Want to learn more about life at Pacific Life? Take an inside look at our company culture: Instagram.com/lifeatpacificlife.
Base Pay Range:
The base pay range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.
$118,800.00 - $145,200.00
Your Benefits Start Day 1
Your wellbeing is important to Pacific Life, and we’re committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered.
Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents
Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off
Paid Parental Leave as well as an Adoption Assistance Program
Competitive 401k savings plan with company match and an additional contribution regardless of participation
EEO Statement:
Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.
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