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CNA
Chicago, Illinois, United States
(on-site)
Posted
4 days ago
CNA
Chicago, Illinois, United States
(on-site)
Job Type
Full-Time
Accounting Consulting Director - Statutory Reporting
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Accounting Consulting Director - Statutory Reporting
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.Job Summary
This Consulting Director individual contributor position on the Statutory Reporting team is responsible for a high level of technical reporting contribution and oversight related to the timely and accurate completion of all quarterly and annual Statutory financial statements and related filings, ensuring compliance with NAIC and other regulatory requirements. The team also has oversight of various intercompany accounting processes and is responsible for the development, analysis and distribution of key internal financial reports. This role provides opportunities to collaborate with a variety of teams across the organization and utilize new technologies, as we strive to continually enhance and improve processes. This role provides significant opportunities to enhance and develop insurance accounting and reporting skills and has high visibility to senior management.
The Statutory Reporting team is part of Corporate Financial Services, CNA's corporate controller organization. The group leads CNA's financial close process, driving efficient accounting and related analysis, along with meaningful internal and external reporting. The group's responsibilities encompass property & casualty and life & group insurance, reinsurance and corporate accounting as well as technical advisory, financial control, services operations and SEC/GAAP and Statutory reporting.
JOB DESCRIPTION:
Essential Duties & Responsibilities
- Reviews quarterly and annual Statutory financial statements, and other financial reports and regulatory filings for accuracy.
- Oversees the monthly intercompany accounting processes.
- Understands the Company's products, services, and the required regulatory reporting requirements and disclosures.
- Investigates financial results; understands and communicates the impact to management.
- Directs process improvement initiatives that enhance the efficiency and accuracy of financial reporting.
- Participates in technical accounting research and in determining the proper reporting treatment of complex or unusual transactions.
- Liaisons with internal and external auditors and regulators, and provides necessary support.
Reporting Relationship
Typically AVP or above
Skills, Knowledge & Abilities
- Highest level understanding and working knowledge of current accounting/finance principles, practices and procedures and industry issues (U.S. GAAP and Statutory Accounting) as they relate to the organization.
- Ability to foster and maintain collaborative relationships with peers, subordinates, and other members of management.
- Ability to achieve results by taking a proactive long-term view of business goals and objectives.
- Excellent analytical and problem-solving skills, with the ability to manage and prioritize multiple projects.
- Excellent organizational skills.
- Strong written and verbal communication and presentation skills, with the ability to interface with departmental staff, internal and external management, customers and other business units.
- Ability to exercise professional judgment and assume responsibility for decisions which have an impact on people and quality of service.
- Strong computer skills including Microsoft Office Suite and other business-related software systems such as Workday Reporting, Copilot and Tableau.
Education & Experience
- Bachelor's Degree in Finance or Accounting; CPA preferred.
- Typically, a minimum of ten years related work experience.
- Audit experience in a large public accounting firm and/or public company reporting experience is preferred.
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I n certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia , California, Colorado, Connecticut, Illinois , Maryland , Massachusetts , New York and Washington, the national base pay range for this job level is $97,000 to $189,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees - and their family members - achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA's benefits, please visit cnabenefits.com .
CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact leaveadministration@cna.com .
Requisition #: R-7486
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Job ID: 84223988

CNA
Insurance
Our History
Since 1897, CNA has been providing outstanding service and an ongoing commitment to building long-term relationships, earning us a reputation for being a carrier that inspires trust. At CNA, we take pride in our ability to offer innovative products and services that meet the evolving needs of our customers and business partners alike.
As the 7th largest U.S. commercial insurer and the 13th largest U.S. property & casualty insurer, we provide insurance protection to more than one million businesses and profess...
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