Senior Accountant - Reinsurance Accounting

CNA Insurance in Chicago, IL

  • Industry: Accounting - Others
  • Type: Full Time
position filled


Job Summary

The Senior Accountant within the Financial Accounting and Reporting (FAR) team facilitates the timely completion and analysis of accounting entries and results, the leadership of an efficient close process, and an understanding of internal and external requirements to ensure accurate reporting. The responsibilities of the group encompass property and casualty, life and group, reinsurance, and corporate related accounting and reporting principles and data flows.

Essential Duties & Responsibilities

·Monthly close and related processing and analysis (e.g. financial analysis, journal entry preparation)

·Preparing and analyzing account reconciliations, including those related to accounting processes

·Preparing quarterly/annual statutory and/or GAAP financial statements and schedules/exhibits in compliance with SEC, FASB, NAIC and other regulatory requirements, and monthly internal financial results packages.

·Liaison with internal and external auditors and provides necessary support

·Prepares analytical schedules, analyzes variances, and provides analytical support for internal requests

·Implementing, reporting, and communicating the impact of business and accounting related initiatives on assigned processes and financial statements

·Working collaboratively within the team, across the department, and individuals external to CNA

·Prepares schedules and performs controls to ensure compliance with Sarbanes Oxley

·Participating in process improvement projects

May perform additional duties as assigned.

Skills, Knowledge & Abilities 

·Basic knowledge of corporate, departmental and/or specialty accounting practices, procedures and principles as they relate to the organization, business unit and industry

·General knowledge of GAAP and statutory accounting principles

·Strong knowledge of Microsoft Office Suite and other business-related software systems, including processing systems and applications

·Detail oriented with strong organizational skills and ability to manage multiple projects effectively as well

·Strong interpersonal skills with the ability to work with staff at all levels

·Strong analytical and problem solving skills, and ability to work independently

·Effective verbal and written communication skills

Education & Experience

·Bachelor's Degree, preferably in accounting or finance

·Typically a minimum of three years of work experience in accounting/finance related role

·CPA or CPA eligible preferred

·Public accounting experience a plus


Finance and Accounting

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