Specialist, STAT Financial Reporting

$53,500 - $92,500/Yr

Lincoln Financial Group

Full-time - Entry Level

Remote

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

As a Specialist in Statutory Financial Reporting at Lincoln Financial Group, you will play a crucial role in preparing, analyzing, and reporting on financial statements in accordance with statutory accounting principles and standards. This position requires a strong understanding of financial reporting responsibilities and the ability to deliver on routine assignments and projects effectively. You will be expected to leverage your knowledge in financial reporting to support various business units and partners, ensuring compliance with accounting principles and regulatory requirements. Your responsibilities will include conducting financial analysis on consolidated and business unit results, participating in accounting close activities, and maintaining up-to-date knowledge on current developments in statutory accounting. You will also be tasked with identifying and researching reporting issues, preparing and filing quarterly and annual NAIC financial statements, and supporting change management initiatives within the organization. Additionally, you will be responsible for coordinating SOX, MAR, and regulatory testing to ensure compliance with key controls. This role requires a proactive approach to identifying process improvements that enhance efficiency and quality in financial reporting. You will work closely with management to incorporate new trends and developments into current and future solutions, making your contributions vital to the success of the financial reporting team and the organization as a whole.

Responsibilities

• Prepare, analyze and report on financial statements and supporting schedules according to the accounting and reporting calendars.
• Conduct financial analysis on consolidated and business unit results, providing ongoing support for business unit teams and partners.
• Participate in accounting close activities, including preparation of journal entries and account reconciliations.
• Maintain knowledge on current and emerging developments/trends for assigned areas of responsibility and assess their impact.
• Identify and research reporting issues arising from application of accounting principles and standards and assess their applicability.
• Prepare, review and file quarterly and annual NAIC financial statements and other regulatory filings.
• Promote and enhance organizational initiatives by positively influencing and supporting change management.
• Identify and communicate to management process improvements that reduce workloads or improve quality.
• Provide support with the coordination of SOX, MAR and regulatory testing to comply with key controls developed for the group.
• Prepare and/or review internal management reporting.

Requirements

• 4 Year/Bachelor's degree or equivalent work experience, preferably in Accounting.
• 1 - 3+ Years of experience in Financial Analysis or Reporting that aligns with the specific responsibilities for this position.
• CPA preferred, not required.
• Strong written and verbal communication skills.
• Ability to work collaboratively in a team environment.
• Ability to identify and recommend process improvements.
• Demonstrates a sense of urgency and ability to meet deadlines.
• Excellent organizational skills with the ability to prioritize workload and multi-task while maintaining strict attention to detail.
• Ability to use sound judgment and discretion regarding confidential information.
• Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).

Nice-to-haves

• Prior experience in insurance/financial services.
• Experience working with Hyperion Essbase, SAP Business Objects, PeopleSoft, Workiva, Sovos Statutory Reporting.

Benefits

• Clearly defined career tracks and job levels.
• Leadership development and virtual training opportunities.
• PTO/parental leave.
• Competitive 401K and employee benefits.
• Free financial counseling, health coaching and employee assistance program.
• Tuition assistance program.
• Remote work environment and flexible work hybrid situations.
• Effective productivity/technology tools and training.