Senior Accountant, Statutory Reporting
Job Details
- Location:
- Hartford, CT
- Category:
- Finance
- Employment Type:
- Full time
- Job Ref:
- R2625756-168
We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.
The Statutory Reporting Unit is within the Corporate Controllers Organization and is primarily responsible for managing processes for statutory financial reporting to the NAIC and the State Departments of Insurance. The Unit is also responsible for preparing and supporting state compliance filings, rating agency surveys and other statutory-based governmental requests. The Senior Accountant Statutory Reporting position will report directly to the Statutory Reporting Director who reports to the Assistant Vice President of Statutory External Reporting for The Hartford.
This role offers broad exposure across the statutory reporting function and related cross-functional activities. The position will support accounting, close and reporting activities; preparation of quarterly, annual and audited statutory statements; state and regulatory compliance filings; statutory outlook and RBC forecasting processes; process enhancements and automation initiatives; and special projects that may extend beyond the department. The individual in this role should expect to work across a wide range of priorities, partnering with teams inside and outside of Corporate Controllers to support business, regulatory and operational needs.
This role will have a Hybrid work arrangement, with the expectation of working in an office (Hartford, CT) 3 days a week (Tuesday through Thursday).
Responsibilities:
- Support monthly, quarterly and annual statutory close activities, including preparation of journal entries, supporting analyses, account reconciliations and close documentation.
- Prepare and/or review quarterly, annual and audited statutory financial statements, including balance sheets, income statements, cash flows, footnotes, exhibits and schedules, using applicable reporting tools and systems.
- Coordinate with internal business partners and stakeholders across finance, accounting, actuarial, tax, legal, compliance and other functions to gather information, resolve issues and ensure complete, accurate and timely reporting and filings.
- Own or support the preparation, review and timely submission of state, regulatory and rating agency compliance filings, including tracking requirements, maintaining filing calendars and monitoring completion status.
- Assist with statutory outlook, capital and RBC forecasting processes, including analysis of results, preparation of supporting materials and collaboration with management on key drivers and trends.
- Participate in departmental and cross-functional projects, including implementation of new reporting requirements, process redesign, automation efforts, control enhancements and other strategic initiatives.
- Evaluate existing processes and identify opportunities to improve efficiency, strengthen controls, enhance reporting quality and leverage technology and automation tools.
- Support system administration of Workiva Wdesk and Sovos, including maintenance of permissions and updates for changing requirements.
- Maintain process documentation, procedures, checklists and instructions to support consistency, knowledge transfer and ongoing compliance.
- Collaborate with offshore partners, as applicable, to monitor assigned tasks, review output and ensure timely completion of deliverables.
- Provide flexible support across the department and related functions, taking on a variety of assignments that may extend beyond core statutory reporting responsibilities based on business priorities.
Skills and Requirements:
- Bachelor’s degree in accounting, finance or related discipline required.
- Relevant accounting and insurance industry experience, with knowledge of statutory accounting, financial reporting and compliance filing requirements preferred.
- Strong analytical, organizational and problem-solving skills, with a high level of accuracy, accountability and attention to detail.
- Excellent written and verbal communication skills, with the ability to collaborate effectively across departments and with internal and external stakeholders.
- Demonstrated ability to manage multiple priorities, adapt to changing business needs and work across a broad range of assignments and projects.
- Proficient in Microsoft Office and willingness to learn new tools such as Copilot, AI-enabled MS applications, Sovos, Workiva Wdesk, and TM1. Experience with AI and emerging technologies to improve efficiency, automate tasks, and enhance processes, or the ability to quickly learn and leverage new AI tools for continuous improvement.
- Previous experience interacting with state regulators or supporting regulatory examinations and requests is a plus.
Compensation
The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:
$76,000 - $114,000Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
About Us
We believe every day is a day to do right.
And that belief has guided us for over 200 years. Showing up for people isn’t just what we do, it’s who we are. We’re devoted to finding innovative ways to serve our customers, communities and employees – continually asking ourselves what more we can do.
And while how we contribute looks different for each of us, it’s these values that drive all of us to do more and to do better every day.
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