Job Overview

Join the dynamic team at ERAC, Employers Reassurance Corporation, a corporate entity of GE Aerospace. As a leading reinsurance organization, we specialize in long-term care insurance, structured settlements, life insurance, and a variety of additional insurance products. In this role, you will play a pivotal part in ensuring adherence to technical accounting standards, implementing robust financial and operational internal controls, and driving process enhancements. Your efforts will contribute to delivering precise financial reporting and analysis in compliance with both Statutory and US GAAP principles. You’ll also spearhead initiatives for continuous improvement and stay abreast of industry advancements that can impact our operations.

This position can be located in Overland Park, KS, or can be executed remotely within the U.S.

Key Responsibilities

• Develop and oversee the preparation of quarterly Statutory Accounting Practices (SAP) and Generally Accepted Accounting Principles (GAAP) financial statements, complete with comprehensive analyses, supplemental schedules, and disclosures, while facilitating internal review processes.

• Coordinate the production of annual SAP statements and audited financial statements, ensuring detailed analysis, supplemental schedules, and disclosures are included, while managing internal reviews.

• Execute the completion of periodic NAIC financial statement data and other essential regulatory filings.

• Prepare and analyze ERAC’s legal entity Board reports.

• Support both internal and external audit processes.

• Initiate and promote simplification projects aimed at continually enhancing the controllership environment, particularly focused on financial reporting workflows.

• Assist with various ERAC and regulatory projects, alongside strategic and operational initiatives.

Essential Qualifications

• A Bachelor’s degree in accounting or finance.

• Proven experience in statutory accounting practices.

• A minimum of 6 years in accounting or finance roles.

• Experience within the insurance industry, particularly in finance.

• Strong background in financial reporting.

Preferred Attributes

• Certified Public Accountant (CPA) designation or comparable certification.

• Experience in public accounting with a solid understanding of SAP and GAAP standards.

• Familiarity with OSFI regulatory reporting and IFRS accounting is a plus.

• Demonstrated leadership experience interacting with senior management.

• Proven ability to influence and communicate effectively across all organizational levels while managing multiple priorities.

• Excellent oral and written communication skills, with a track record of working effectively in cross-functional teams.

• Strong project management capabilities and coordination skills.

• Proficiency in financial systems and Microsoft Office Suite (including Excel, Word, PowerPoint).

Compensation for this position ranges from $110,200 to $155,200, influenced by various factors like experience, education, and skill set. The role also offers eligibility for an annual discretionary bonus based on a percentage of your base salary, along with commission opportunities per the defined plan. This position’s application period concludes on May 25, 2025. We provide extensive healthcare benefits, including medical, dental, vision, and prescription drug coverage, access to health coaching, a 24/7 nurse-based resource, and an Employee Assistance Program for confidential counseling and referrals. Additionally, our retirement benefits are robust, featuring the GE Retirement Savings Plan, tax-advantaged 401(k) options with matching contributions, and access to Fidelity resources for financial planning. Other perks include tuition assistance, adoption support, paid parental leave, disability and life insurance, as well as paid time off for vacations or illnesses.

General Electric Company, Ropcor, Inc., and their affiliates sponsor specific employee benefit plans, reserving the right to modify, suspend, or terminate these plans at any time. Participation does not confer any vested rights under any benefit program.

Additional Information

GE Aerospace fosters a supportive work environment with ample professional development opportunities, challenging career paths, and competitive salary packages. As an Equal Opportunity Employer, we ensure that employment decisions are made irrespective of race, color, religion, national or ethnic origin, gender identity or expression, age, disability, veteran status, or any other legally protected characteristics.

Please note that GE Aerospace will only consider candidates legally authorized to work in the United States for this role. Employment offers are conditional upon the successful completion of a drug screening process, where applicable.

Relocation Assistance: Not provided.

GE Aerospace champions diversity and inclusion in the workplace, ensuring equal employment opportunities for all applicants.