What are the responsibilities and job description for the Manager, Reinsurance position at Unum?
Unum is a company of people serving people. As one of the world's leading employee benefits providers and a Fortune 500 company, Unum's financial protection benefits help protect more than 36 million working people and their families from the financial impact of illness or injury.
Unum's two distinct, but similarly focused US businesses – Unum US and Colonial Life – are each a market leader in making disability, life, accident, critical illness, dental, and vision insurance accessible in the workplace.
Headquartered in Chattanooga, Tennessee, Unum also has significant US operations in Portland, Maine and Baton Rouge, Louisiana - and over 35 field offices nationwide. Colonial Life is headquartered in Columbia, South Carolina with over 40 field offices nationwide.
General Summary:
General SummaryThis is an expert level position responsible for providing leadership on highly complex accounting and financial activities and contributions across accounting-focused areas of the finance organization. The incumbent may have direct or indirect management responsibility for professional staff. The position will lead accounting and financial analyses with team members that serve to inform and ground business decisions and will collaborate with subject matter experts, provide quality accounting/financial analytics, and exercise judgment to drive optimum solutions for various accounting, financial and business issues. Responsibilities will include the development of, implementation of, and adherence to accounting/financial policies and procedures that will improve the overall operations, consistency, controls, process efficiency, and effectiveness of the enterprise.
Principal Duties and Responsibilities
- Responsible for complex analysis and reporting of financial transactions in accordance with accounting standards
- Prepares, records, analyzes, and reports complex accounting transactions and ensures the integrity of accounting records for completeness, accuracy and compliance with accepted accounting policies and principals
- Prepares and distributes periodic complex financial statements for various governmental and/or regulatory agencies
- Conducts research regarding the impact to financial statements of potential changes to accounting rules proposed by accounting standards setters
- Develops, implements, and communicates to management (at times senior management) on new policies and processes to comply with newly issues accounting standards.
- May supervise and/or manage work of staff.
- May actively participate in the hiring, development, performance and compensation decisions affecting assigned staff.
- Seek out and maintain cooperative, productive cross-functional partnerships throughout the global enterprise.
- Model positive change management, leading individuals and teams through new operating models and methodologies, creating opportunities for discussion and deliberation.
- Build agility and resilience within the team to drive transformation.
- Provide coaching and mentoring to assist individuals in achieving their full potential. Build bench strength and core competencies for the organization.
- Seek out opportunities to increase business knowledge and create visibility within the organization.
- Direct the team on accurate completion of all accounting, reporting, analysis, and manages the day to day activities of the team including the GAAP and statutory accounting, general ledger processes, and reporting for specified financial area.
- Direct maintenance of various systems and data assets that support the specific financial area(s) of responsibility.
- Act as consultant providing financial support to business areas regarding conformance to corporate policies and procedures, technical inquiries, planning and forecasting process, and various tax and accounting issues.
- Review existing accounting, financial reporting and administrative processes and procedures in an effort to streamline activities to increase productivity
- Maintain compliance with corporate policies, procedures and controls and external regulatory requirements.
- Lead and/or participate in business initiatives and projects.
- Present reporting and analysis to management. Proactively identify and research unusual trends and make recommendations. Lead and/or perform analyses and forecasts.
- Reconcile and balance accounts related to the specific financial area(s) to maintain control and accuracy by identifying discrepancies and their cause and recommend corrective action.
- Maintain integrity of data in various systems and data assets that support the specific financial areas of responsibility.
- Analyze financial data, provide recommendations for appropriate action, and prepare related reports in consultation with business partner.
- Direct resources and produce results to solve problems or issues.
- Take ownership for the outcome of their team’s work as well as their own efforts.
- Clearly communicate issues identified and recommend the most appropriate/effective solutions.
- Maintain a strong, specialized working knowledge of Unum’s products, services and business processes including, his/her specific business area, the issues and technical skills required to support the area.
Job Specifications
- Bachelor’s degree required
- Must be CPA eligible and have passed all parts of the CPA
- 5 years of accounting experience or equivalent relevant work experience.
- Demonstrates extensive knowledge and/or a proven record of success in financial accounting, managerial accounting, taxation, and financial reporting systems including generally accepted accounting principles and current accounting policies and procedures.
- Strong understanding of the components of multiple financial statements and how they interact with one another
- Experience navigating change in a positive manner.
- Has mastered solid customer service skills while working effectively with functional area, team and other resources to complete assigned work while broadening contacts in other functional areas.
- Highly motivated individual able to take independent actions to solve problems/issues with limited involvement from manager.
- Manages multiple projects simultaneously with minimal guidance from manager.
- Strong communication and negotiation skills. Adept at handling group dynamics
- Intermediate to advanced EXCEL Skills
- General ledger systems and reporting tools experience preferred
- Proficient in Word and PowerPoint
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Our company is built on helping individuals and families, and this starts with our employees. We want employees to maintain a positive balance, which is why we provide access to the benefits and resources they need to invest in themselves. From our onsite fitness facilities and generous paid time off to employee professional development programs, we are committed to helping employees live and work their best – both inside and outside the office.
Unum is an equal opportunity employer, considering all qualified applicants and employees for hiring, placement, and advancement, without regard to a person's race, color, religion, national origin, age, genetic information, military status, gender, sexual orientation, gender identity or expression, disability, or protected veteran status.
Company:
Unum