NJ Employer Senior Financial Reporting Associate - Statutory Reporting in Newark, New Jersey

The Senior Financial Reporting Associate position is in the Statutory Finance Unit and part of the Corporate Controllers Department within Financial Management. The Associate is responsible for assisting in the coordination and production of the Regulatory (Statutory) financial statements for certain domestic insurance subsidiaries of the Company.This position works closely with the other Senior Financial Reporting Associates, Financial Analysts, Managers, and Directors in the Unit on various ongoing issues and reports to one of the Managers in the Unit. Specific responsibilities include:Assist with the coordination of the production and preparation of the various quarterly and annual statutory financial statements, which are filed with each state insurance department and the National Association of Insurance Commissioners (NAIC)Work with our external auditors (PwC) closely in the preparation of the annual audited financial statements and footnotes. In addition to the coordination and of the audit process, this individual may be heavily involved in the engagement and relationship management of PwC and our business partners throughout the yearAssist with coordinating the writing and preparation of variance analysis on statutory statement results, which is used to compile the Statutory MD&A (Managements Discussion & Analysis) and other internal/external analysis, as well as presentations on statutory results for senior officers and subsidiary board meetingsImplement and monitor/test key controls for the Corporate Statutory Reporting process as part of the Companys Managements Report on internal controls per the NAICs Model Audit Rule requirementSupport the preparation of Company responses to letters from various State and other regulators asking about certain variances, etc. within the Statutory Financial StatementsParticipate in the coordination of the ongoing maintenance of the statutory statement Oracle reports that support most statutory statement pages, exhibits, and schedules. Work with systems area (ESFS) to create and improve statutory reports as appropriateDevelop close work contacts with peers in each of the applicable profit center accounting and actuarial areas, including ESFS, the Tax Department, Investment Reporting (ALM), Investment Operations, Corporate Accounting Policy, Treasurers, and the Corporate Actuarial UnitVEVRAA Federal ContractorRequest Priority Protected Veteran ReferralsEOE -Veteran /Disabled/Minority/AA/F/M/SO