Sr. Manager of Regulatory Accounting and Reporting

Company: VSP Vision Care
Location: Rancho Cordova
Posted on: November 16, 2021

Job Description:

Do you have a robust regulatory accounting background combined with superior analytical skills? Are you a punctual leader with a demonstrated ability to build a team and influence decisions? VSP Vision Care is VSP Global's not-for-profit vision benefits and services company serving nearly 90 million members worldwide, and we're looking for a Senior Manager of Regulatory Accounting and Reporting to join our remote team.
In this role, you'll own and spearhead all financial reporting in accordance with Statutory Accounting Principles across Vision Care's regulated entities. You'll also oversee rating filing compliance, prepare narratives to support Management Discussion and Analysis, and monitor controls to ensure compliance with NAIC's Model Audit Rule. We're looking for a strong multitasker with a strong desire to learn and understand end-to-end processes. If you're a highly engaged leader interested in a position critical to the success of VSP by ensuring financial compliance and accurate reporting, apply today!
As our Senior Manager of Regulatory Accounting & Reporting, you'll also:

• Oversee the preparation and review of regulatory financial statements filed with states' insurance departments and the NAIC.
• Act as a key point of contact for insurance regulators and ensure timely, accurate accounting and analysis results reporting.
• Direct activities and a point of contact for insurance department examinations and external annual audits.
• Prepare risk assessment and analysis for annual risk and solvency assessment required by state insurance departments.
• Develop and prepare premium deficiency analysis to determine the impact on financial results and rate determination.
• Oversee activities required to meet state regulatory compliance in rate filings, unclaimed property, fee, and guaranty assessments.
• Monitor and implement internal controls and new accounting guidance to ensure proper compliance and protection of the company's interests.
• Collaborate with Legal and International divisions to assure international arrangements meet domestic requirements to assume the risk from operations.
  Must Haves:
  
  • Minimum of eight years of management experience
  • A Bachelor's Degree in Accounting, Finance, or related field
  • Experience with financial reporting within the insurance industry
  • In-depth knowledge of Generally Accepted Accounting Principles (GAAP), Statutory Accounting Principles (SAP), and the NAIC's Model Audit Rule (MAR)
  • Excellent verbal and written communication skills
    Why VSP Global? At VSP, we activate the full power of care by consciously reinvesting in greater vision, health, and opportunities for all. You'll join a team of thinkers, doers, adventurers, risk-takers, and boundary-pushers who think outside the peripheral to develop products, programs, and services that help people see every possibility. By investing in your career growth and personal development, we hope that together we can create a world where everyone can bring their best vision to life.

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