Senior Accountant Statutory Reporting

Chicago, IL
December 18, 2024
Apply Now

Job Description

You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.
CNA seeks to offer a comprehensive and competitive benefits package to our employees that helps them – and their family members – achieve their physical, financial, emotional and social wellbeing goals.
For a detailed look at CNA’s benefits, check out our Candidate Guide .
The Statutory Reporting team is part of Corporate Financial Services, CNA’s corporate controller organization. The group leads CNA’s financial close process, driving efficient accounting and related analysis, along with meaningful internal and external reporting. The group’s responsibilities encompass property & casualty and life & group insurance, reinsurance, planning & analysis, and corporate accounting as well as accounting policy, financial control, services operations and SEC/GAAP and Statutory reporting.
JOB DESCRIPTION:
As the Senior Accountant, you will be part of the team that has responsibility for the timely and accurate completion of all quarterly and annual Statutory financial statements and related filings, ensuring compliance with NAIC and other regulatory requirements. The team also has oversight of various intercompany accounting processes and is responsible for the development, analysis and distribution of key internal financial reports. You will have the opportunity to collaborate with a variety of teams across the organization and utilize new technologies, as we strive to continually enhance and improve processes which will provide you with the ability to enhance and develop insurance accounting and reporting skills.
Are you a self-motivated, team-player that possesses a strong analytical mindset and a high degree of accountability for accurately reporting externally on CNA’s financial position and internally to deliver meaningful financial insights that shape the direction of the Company? Do you have strong communication and organizational skills, attention to detail, and the desire to innovate and improve; we want to talk to you!
This role is located in Chicago, IL and the team comes into the office in a hybrid model.
Your Day to Day
Prepares the quarterly/annual statutory financial statements and supplemental schedules and exhibits in compliance with NAIC and other regulatory requirements. Completes multiple state filing deliverables to ensure insurance licensure requirements are met. Prepares analytical schedules, analyzes variances, and provides analytical support for internal requests. Investigates financial results, understands and effectively communicates impact to management. Participates in evaluating the impact of new disclosure guidance. Performs benchmarking analysis against peer financial statements. Leads process improvement initiatives that enhance the efficiency and accuracy of financial reporting, including furthering use of technology to streamline processes. Works collaboratively within the team, across the department, and with individuals external to CNA. Liaisons with internal and external auditors and provides necessary support.
May perform additional duties as assigned.
Reporting Relationship
Director
Skills & Qualifications

  • Basic knowledge of accounting and industry issues as they relate to the organization.
  • General knowledge of GAAP and statutory accounting principles.
  • Strong knowledge of Microsoft Office Suite and other business-related software systems.
  • Detail oriented with strong organizational skills and ability to manage multiple assignments and projects effectively.
  • Strong analytical and problem solving skills and the ability to work independently.
  • Ability to foster and maintain collaborative relationships with peers, business partners and other members of management.
  • Effective verbal and written communication skills.

Education & Experience

  • Bachelor’s Degree, preferably in accounting or finance, CPA desirable.
  • Typically three to five years of work experience in accounting/finance or reporting related role.
  • Public accounting experience a plus.

As determined by CNA and depending on the applicant’s experience and/or qualifications, candidates may be hired into one of two Statutory Accountant positions: Senior Accountant, statutory reporting or Accountant statutory reporting .Typically 3-7+ years of related experience.
#LI-DS1
#LI-Hybrid
CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact [email protected] .