Financial Analyst
Legal & General America - frederick, MD
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Financial Analyst Job LocationsUS-MD-Frederick ID # of Openings Remaining 1 Category Finance & Tax Overview At Legal & General America, we aim to make a positive difference in the lives of our customers, partners, colleagues, and the communities in which they live. As a recognized market leader of term life insurance, we're working to transform our business through innovation and technology to provide products and solutions that help American families secure their financial futures. We are a future-focused company, passionate about what we do and how we do it. This means working with pace and energy to reach our goals, and challenging ourselves to achieve more. We strive to create a unique environment where balance between work and life is possible. Our employees' passion, dedication and hard work, as well as our career development opportunities, benefits, and employee activities contribute to our positive workplace culture. Responsibilities The Financial Analyst will prepare timely and accurate monthly, quarterly, and annual financial statements on US statutory, International, and/or Bermuda statutory accounting bases. Prepare detailed International IFRS consolidations, analysis and reporting for the corporate holding company. Prepare high-level and detailed analysis of financial statements and subcomponents, particularly against plan and forecasts. Prepare research and analysis of financial operations and review these findings under the applicable basis of accounting. Prepare monthly, quarterly, and annual financial statements and analysis under three possible bases of accounting: United States statutory, International Financial Reporting Standards, and/or Bermuda statutory. Prepare position papers for new or newly relevant United States statutory and/or International accounting standards. Assist with implementation of changes in policies and procedures as a result of findings, as necessary. Prepare position papers for capital solutions under United States statutory and/or International accounting standards. Assist with implementation of changes in policies and procedures as a result of findings, as necessary. Prepare L&G required monthly and/or ad hoc reporting, including monthly solvency reports, advanced forecasting, debt reporting, subsidiary valuation reports, and other requested reports, as required by L&G. Prepare US, European and Bermuda statutory capital forecasting requirements reports. Complete special tasks and projects as assigned. Prepare monthly, quarterly, and annual financial statement exhibits and analysis on US statutory and IFRS consolidated bases of accounting. Prepare responses to internal and external audit and actuarial consultant requests on LGA and operating entity financial statements and internal controls. Coordinate year-end state filing process, including coordination of premium tax return filings. Prepare employee benefit plan financial statements and form 5500 filings. Respond to audit and outside actuarial consultant requests. Prepare monthly allocation of intercompany corporate expenses/services among entities. Research aspects of accounting as requested by LGA management regarding acquisition opportunities. Qualifications Education BS in Accounting or equivalent four year college degree CPA Experience/Knowledge 1-3 years cumulative relevant accounting experience Public accounting experience preferred Financial statement preparation or audit background Insurance industry accounting experience preferred Skills Communication - written & oral Analytical thought process Facility with software reflecting technical requirements of position What's in it for you? The expected hiring compensation range for this position is $76,600 - $105,325 annually. This position is hybrid requiring 3 or more days in our Frederick, Maryland office. The total compensation package for this position may include other elements, such as a sign-on bonus, long term incentives, and annual bonuses. This role is eligible to participate in the Legal & General America Annual Incentive Plan. The current target payment for the position is 8% of base salary, modified for corporate and individual performance. Bonuses are pro-rated based on start date. This role has 15 vacation days and 10 sick days that are accrued on a bi-weekly basis. Employees also have 9 paid holidays throughout the calendar year. We have a competitive compensation and benefits package focused on your overall wellbeing. Employee benefits include health, life, and dental insurance; 401K with company match up to 6% as well as a pension package; generous time off; and wellbeing initiatives throughout the year (we like doing fun stuff). We're big on professional development and we'll support and mentor you in your career progression and expect you to help us pay it forward by helping us develop tomorrow's leaders and growth-focused professionals. We value our teams and our communities and believe in giving back. Enjoy time off to volunteer for those causes that matter most to you! If hired, employee will be in an "at-will position" and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors. The Company reserves the right to change benefits plans at any time. We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment. Please contact us to request accommodation.
Created: 2024-11-01