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Work Arrangement: Work from Home
Relocation assistance: : is not available for this opportunity.
Pay Range: $63,100 - $137,900
Bonus Potential: 5%
Requisition #: 69177
General Purpose of Job
This position will support onboarding of strategic reinsurance transactions that are part of Lincoln's long-term strategy and growth plans. These transactions optimize and improve Lincoln's capital structure and improve capital returns. This position will also support ongoing accounting and administrative efforts of existing strategic reinsurance transactions. S/he will prepare, record, analyze & report accounting transactions & ensure the integrity of accounting records for completeness, accuracy & compliance with accepted accounting policies & principles.
Duties and Responsibilities
Able to assist in the design and implementation of new reinsurance administrative processes, including working with large volumes of data coming from various source systems/ledger.
Displays strong leadership skills to direct and drive large project milestones.
Researches and provides accounting impacts on new & existing reinsurance structures/transaction including assisting with preparation of proforma financial statements.
Determines classifications & records financial transactions applying accounting technique, standard practices & accepted accounting policies & principles
Performs complex reinsurance accounting activities including preparing, classifying, recording, maintaining & reconciling the General Ledger accounts, sub-ledgers & subsystems in compliance with the accepted accounting policies & principles.
Serves as a resource to team members and applicable internal/external stakeholders on strategic reinsurance transactions and other assigned projects.
Identifies best practice and/or recommends process improvements that reduce workloads or improve quality for his/her assigned area(s) of responsibility including assisting in automation initiatives.
Reviews reinsurance & financial reports & accounting statements to ensure their accuracy
Identifies accounting issues/concerns & recommends mitigation solution(s) to mgmt.
Ensures the integrity accounting records for completeness, accuracy & compliance with accepted accounting policies & principles & compliance with internal controls and SOX.
Identifies and resolves issues with internal &/or external auditors in a collaborative manner.
Identifies, researches & resolves discrepancies or out of balance situations amongst assigned General Ledger Accounts, subaccounts & subsystems.
Conducts quality assurance checks on his/her journal entries & post to General Ledger Accounts.
Prepares financial foot note information for SEC, GAAP & statutory reporting
Completes accurate & timely reinsurance treaty administration which includes cash settlements & analyzing & validating data.
Communicates with third party reinsurers on identified discrepancies & resolves in a collaborative & timely fashion.
Additional Position Responsibilities
Carries out duties in compliance with all state and federal regulations and guidelines. Complies with all company and site policies and procedures.
Remains current in profession and industry trends.
Makes a positive contribution as demonstrated by: - Making suggestions for improvement - Learning new skills, procedures and processes
Performs other duties as required.
Education and Experience
4 Year/Bachelor's degree
3 - 5+ Years of experience in Accounting that directly aligns with the specific responsibilities for this position (Required)
Travel Requirements
Travel Type: National Domestic
Travel Amount: up to 10%
Language Skills
Ability to read, analyze and interpret both internal and external documents such as general media/publications, professional journals, technical procedures, governmental regulations, policies, proposals, and standard operating procedures.
Confident, comfortable communicator with strong written and verbal communication skills.
Mathematical Skills
Apply concepts such as probability, statistics, modeling, percentages, ratios, and proportions to practical solutions.
Works with mathematical concepts such as averages and/or variances.
Reasoning Ability
Ability to analyze information and to evaluate the implications of a course of action or solution.
Ability to interpret and apply common sense understanding to carry out a variety of instructions furnished in written, oral, or diagram form.
Ability to solve problems and deal with a variety of concrete variables in situations where only limited standardization exists.
Define problems, collect data, establish facts and draw valid conclusions.
Evaluate trends in data or information.
Other Skills and Abilities
Ability to perform under stress in cases of emergency, critical or hazardous situations.
Ability to work with others in a team environment.
Demonstrated strong relationship management skills with internal clients (e.g. management, peers and colleagues); proven ability to develop collaborative approaches.
Demonstrates excellent organizational skills with the ability to prioritize workload and multi-task while maintaining strict attention to detail.
Demonstrates strong interpersonal skills with a collaborative style.
Demonstrates the ability to use sound judgment and discretion regarding confidential information.
Finds common ground and can gain collaboration among management, colleagues and peers; can influence outcomes without directing or commanding.
Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).
Strong project management skills including, critical ability to coordinate and balance multiple projects in a time-sensitive environment, under pressure, and meeting deadlines.
Successfully completes regulatory and job training requirements.
Certifications
No Licensure or Certification Required. CPA is Preferred
Physical Demands
Must be able to lift up to 25 lbs
While performing the duties of this job, the employee is frequently required to sit, use hands to finger, handle & feel & talk, hear & see.
The employee is occasionally required to stand, walk & reach with hands & arms.
Employee must be able to work more than 40 hrs per week.
What's it like to work here?
At Lincoln Financial Group, we love what we do. We make meaningful contributions each and every day to empower our customers to take charge of their lives. Working alongside dedicated and talented colleagues, we build fulfilling careers and stronger communities through a company that values our unique perspectives, insights and contributions and invests in programs that empower each of us to take charge of our own future.
What's in it for YOU:
A clearly defined career framework to help you successfully manage your career
Leadership development and virtual training opportunities
PTO/parental leave
Competitive 401K and employee benefits (https://hrdirectdocs.lfg.com/misc/HR/Recruiting/BenefitsResourcesGuide.pdf)
Free financial counseling, health coaching and employee assistance program
Tuition assistance program
A leadership team that prioritizes your health and well-being; offering a remote work environment and flexible work hybrid situations
Effective productivity/technology tools and training
Work Arrangement
Work from Home : Employees will work from home and are not required to work in a Lincoln office on a regular basis.
Lincoln will evaluate the following when setting the successful candidate's wage rate:
- Prior work or industry experience.
- Education level to the extent education is relevant to the position.
- Unique skills
About The Company
Lincoln Financial Group, a Fortune 200 company with over 10,000 employees, provides advice and solutions that help empower Americans to take charge of their financial lives with confidence. Our core business areas - Life Insurance, Annuities, Retirement Plan Services and Group Protection - focus on supporting, preserving and enhancing over 17 million customer's lifestyles and retirement outcomes.
Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. The company had $324 billion in end-of-period account values as of June 30, 2021.
Ranked one of the Best Large Employers in America and Best Employers for Women by Forbes magazine as well as one of Newsweek's Most Responsible Companies, Lincoln Financial Group makes a serious investment in our employees' futures through a broad range of wealth accumulation and protection plans, health and wellness programs, and career development resources designed to help each individual reach their personal and professional goals.
Lincoln is committed to creating a diverse and inclusive (https://www.lfg.com/public/aboutus/companyoverview/diversityinclusion?audience_page_id=1422918942386) environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and FTSE4Good. Dedicated to diversity and inclusion, we earned perfect 100 percent scores on the Corporate Equality Index and the Disability Equality Index. Follow us on Facebook (http://www.facebook.com/lincolnfinancialgroup) , Twitter (https://mobile.twitter.com/lincolnfingroup) , LinkedIn (https://www.linkedin.com/company/4307?trkInfo=tas%3Alincoln+financial%2Cidx%3A3-1-3&trk=tyah) , and Instagram (https://www.instagram.com/lincolnfingroup/) . Sign up for email alerts at http://newsroom.lfg.com
Be Aware of Fraudulent Recruiting Activities
If you are interested in a career at Lincoln, we encourage you to review our current openings and apply on our website. Lincoln values the privacy and security of every applicant and urges all applicants to diligently protect their sensitive personal information from scams targeting job seekers. These scams can take many forms including fake employment applications, bogus interviews and falsified offer letters.
Lincoln will not ask applicants to provide their social security numbers, date of birth, bank account information or other sensitive information in job applications. Additionally, our recruiters do not communicate with applicants through free e-mail accounts (Gmail, Yahoo, Hotmail) or conduct interviews utilizing video chat rooms. We will never ask applicants to provide payment during the hiring process or extend an offer without conducting a phone, live video or in-person interview. Please contact Lincoln's fraud team at fraudhotline@lfg.com if you encounter a recruiter or see a job opportunity that seems suspicious.
Additional Information
This position may be subject to Lincoln's Political Contribution Policy. An offer of employment may be contingent upon disclosing to Lincoln the details of certain political contributions. Lincoln may decline to extend an offer or terminate employment for this role if it determines political contributions made could have an adverse impact on Lincoln's current or future business interests, misrepresentations were made, or for failure to fully disclose applicable political contributions and or fundraising activities.
Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Lincoln Financial Group are considered property of Lincoln Financial Group and are not subject to payment of agency fees.
Lincoln Financial Group (-LFG-) is an Equal Opportunity employer and, as such, is committed in policy and practice to recruit, hire, compensate, train and promote, in all job classifications, without regard to race, color, religion, sex (including pregnancy), age, national origin, disability, sexual orientation, gender identity and expression, Veteran status, or genetic information. Applicants are evaluated on the basis of job qualifications. If you are a person with a disability that impedes your ability to express your interest for a position through our online application process, or require TTY/TDD assistance, contact us by calling 260-455-2558.
This Employer Participates in E-Verify. See the E-Verify (https://www.e-verify.gov) notices.
Este Empleador Participa en E-Verify. Ver el E-Verify (https://www.e-verify.gov/es) avisos.
Lincoln Financial Group ("LFG") is an Equal Opportunity employer and, as such, is committed in policy and practice to recruit, hire, compensate, train and promote, in all job classifications, without regard to race, color, religion, sex (including pregnancy), age, national origin, disability, sexual orientation, gender identity and expression, veterans status, or genetic information. Opportunities throughout LFG are available to employees and applicants and are evaluated on the basis of job qualifications. We have a drug free work environment and we perform pre-employment substance abuse testing.
