Financial Reporting Consultant - Life & Annuity Product Accounting

Overview:

The Financial Reporting Consultant supports the growth of Securian’s Individual Life and Individual Annuity businesses through their leadership in financial reporting. As Individual Solutions expands its affiliate reinsurance strategy through Securian Re, this position will help shape and support the financial infrastructure needed to manage increasingly complex products, entities, and accounting frameworks. 

This role will is responsible for the reinsurance and product accounting across statutory, GAAP, and Bermuda economic accounting bases. This role will partner across finance, actuarial, and business teams to deliver accurate reporting, meaningful financial insights, and strong operational governance. The position offers a unique opportunity to build for our future growth and inform business management. 

Responsibilities include but are not limited to:

Accounting & Financial Reporting 

• Determine accounting treatment for Individual Solutions products and reinsurance structures, including statutory, GAAP, and Bermuda accounting bases.  

• Prepare journal entries, reconciliations, financial statements, and supporting schedules for monthly and quarterly reporting.  

• Validate and test accounting system results; develop procedures and controls to ensure accurate financial reporting.  

• Support reporting across multiple legal entities, including Minnesota Life, Securian Life, and Securian Re.  

Financial Analysis & Planning 

• Analyze financial results and key business drivers across products, entities, and accounting lenses.  

• Support goals and plans activities for Individual Solutions and Securian Re.  

• Provide insights to leadership on profitability, capital efficiency, and business performance.  

Audit, Governance & Process Improvement 

• Support audits, regulatory reviews, and communications with auditors, examiners, and rating agencies.  

• Maintain strong documentation, controls, and accounting governance practices.  

• Identify and implement process improvements to enhance reporting efficiency and effectiveness.  

• Participate in strategic projects and initiatives related to Securian Re, including future deals. 

Qualifications:  

• Accounting experience with exposure to statutory, management-based, tax and GAAP for financial reporting and budgeting.  

• Bachelor’s degree (preferably in Accounting, Finance, or Math).