Financial Analyst

$76,600 - $105,325/Yr

Legal & General America - Frederick, MD

Full-time - Entry Level

Hybrid - Frederick, MD

Management of Companies and Enterprises

About the position

The Financial Analyst at Legal & General America plays a crucial role in preparing accurate financial statements and analyses across various accounting standards. This position involves detailed financial reporting, research, and compliance with statutory requirements, contributing to the company's mission of securing financial futures for American families through innovative insurance solutions.

Responsibilities

• 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.
• Conduct high-level and detailed analysis of financial statements and subcomponents, particularly against plan and forecasts.
• Research and analyze financial operations and review findings under the applicable basis of accounting.
• Prepare position papers for new or newly relevant United States statutory and/or International accounting standards and assist with implementation of changes in policies and procedures as necessary.
• Prepare position papers for capital solutions under United States statutory and/or International accounting standards and assist with implementation of changes in policies and procedures as necessary.
• Prepare required monthly and/or ad hoc reporting, including monthly solvency reports, advanced forecasting, debt reporting, subsidiary valuation reports, and other requested reports.
• Complete special tasks and projects as assigned.
• Prepare 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 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, responding to audit and outside actuarial consultant requests.
• Prepare monthly allocation of intercompany corporate expenses/services among entities.
• Research aspects of accounting as requested by management regarding acquisition opportunities.

Requirements

• BS in Accounting or equivalent four year college degree
• CPA
• 1-3 years cumulative relevant accounting experience
• Public accounting experience preferred
• Financial statement preparation or audit background
• Insurance industry accounting experience preferred
• Strong written and oral communication skills
• Analytical thought process
• Proficiency with software reflecting technical requirements of position.

Benefits

• Health insurance
• Dental insurance
• Life insurance
• 401(k) with company match up to 6%
• Pension package
• 15 vacation days
• 10 sick days
• 9 paid holidays
• Wellbeing initiatives
• Professional development opportunities