Regulatory Finance - Accounting Manager - Remote - Hybrid in Minnetonka, MN

$88,000 - $173,200/Yr

UnitedHealth Group - Minnetonka, MN

Full-time - Mid Level

Remote - Minnetonka, MN

Insurance Carriers and Related Activities

About the position

At UnitedHealthcare, we are dedicated to simplifying the health care experience, creating healthier communities, and removing barriers to quality care. The work you do here will have a significant impact on the lives of millions of people, making it more responsive, affordable, and equitable. We invite you to join us in building the health care system of tomorrow. In this role, you will enjoy the flexibility to work remotely from anywhere within the U.S. while tackling some challenging responsibilities. As a key member of our team, you will be responsible for financial reporting and accounting, which includes planning, coordinating, and managing the work of others. You will monitor compliance with key controls and standard accounting and reporting practices. Your role will involve managing the preparation and review of quarterly and annual statutory financial statements, including balance sheets, income statements, changes in capital and surplus, statements of cash flow, and supplemental financial exhibits in accordance with Statutory Accounting Principles. You will also research, analyze, and resolve accounting issues by proposing solutions and communicating with stakeholders. In addition to financial reporting, you will conduct financial analysis by reviewing and analyzing business and financial metrics for assigned legal entities throughout the year. This will require close collaboration with internal stakeholders to ensure accuracy and compliance. You will also be responsible for team leadership, developing and engaging a team of Early Career personnel through continuous mentoring and coaching, and supporting recruitment activities by participating in Early Career events. Your responsibilities may evolve as you grow your career in Regulatory Finance, and you will be rewarded and recognized for your performance in an environment that challenges you and provides clear direction for success. You will also have opportunities for development in other roles you may be interested in.

Responsibilities

• Plan, coordinate and manage the work of others.
• Monitor compliance with key controls and standard accounting and reporting practices and procedures.
• Manage the preparation and perform the review of quarterly and annual statutory financial statements, including balance sheets, income statements, changes in capital and surplus, statements of cash flow, and supplemental financial exhibits pursuant to Statutory Accounting Principles.
• Research, analyze and resolve accounting issues by researching activity and guidance, proposing solutions and communicating with stakeholders.
• Manage the preparation and perform the review of supplements to statutory filings, and other state supplemental filings.
• Review prepared documentation in support of external and internal audits.
• Review and analyze business and financial metrics, on a forecasted and reported basis, for assigned legal entities throughout the year by working closely with the internal stakeholders.
• Review quarterly premium deficiency reserve models and supporting exhibits.
• Develop and engage a team of Early Career personnel with direct and indirect reporting relationships through continuous mentoring and coaching.
• Support recruitment activities by participating in Early Career events.
• Review drafted responses to regulator inquiries and support Department of Insurance examinations.
• Participate on a project team to develop and implement innovative approaches in department process and execute on projects for continued improvement by managing the related initiatives.
• Lead conversations with internal stakeholders to present results, clarify forecasts, conduct research, and complete projects.

Requirements

• Bachelor's degree in Accounting, Finance or equivalent.
• 3+ years of accounting or financial analysis experience.
• Intermediate to Advanced level of proficiency with Microsoft Excel, Microsoft Word and PowerPoint.
• Technical and functional skills necessary to review and analyze financial statements.

Nice-to-haves

• Managerial/ supervisory experience.
• Proven ability to anticipate customer needs and proactively develop solutions to meet them.
• Proven solid financial analytical and problem-solving skills.
• Proven solid short-term planning skills and ability to prioritize and organize workload to meet multiple hard deadlines.
• Proven solid interpersonal skills and the ability to influence others.
• Proven excellent oral and written communication skills.

Benefits

• Comprehensive benefits package
• Incentive and recognition programs
• Equity stock purchase
• 401k contribution