Senior Financial Reporting Analyst II, Reinsurance
Newport Beach CA-700
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. Thatâs why weâre actively seeking a Senior Financial Reporting Analyst II to join our team to support our Reinsurance Financial Reporting function.
If youâre an experienced professional in the financial services industry with a strong technical grasp of insurance and reinsurance, youâre a great fit for this role. Technical capabilities aside, if youâre a mission-driven self-starter whoâs comfortable with ambiguity, and who thrives in a fast-paced, collaborative culture, youâre 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.Â
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 managementâs 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 requiredÂ
- 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
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Restrictions100% remote Hybrid Hybrid work Hybrid work schedule
Benefits/Perks100% Remote 100% remote option 401k savings plan with company match Adoption Assistance Program Dental Financial Planning Time Off Flexible benefits Fully remote Holiday Schedules Hybrid work Hybrid work schedule Incentive pay Medical Paid parental leave Paid Time Off Vision Wellbeing Reimbursement Account
Tasks- Collaborate with departments
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Experience5-8 years
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