Statutory Reporting Associate

As a Statutory Reporting Associate at Global Atlantic, your primary responsibilities will include reviewing and analyzing statutory financial statements and management reports, oversight of audit statements, and ensuring compliance with regulatory requirements. You will work closely with other departments to reconcile financial data and prepare analysis on business drivers, contributing significantly to our financial reporting processes.

To be considered for the Statutory Reporting Associate position at Global Atlantic, applicants must hold a Bachelor's degree in Accounting and have 5-7 years of experience in the insurance industry or public accounting. Experience with statutory, IFRS or GAAP accounting is preferred, along with strong analytical skills and effective communication abilities.

Global Atlantic is committed to investing in its employees' professional development. As a Statutory Reporting Associate, you will receive on-the-job training about statutory reporting, financial analysis, and compliance processes, allowing you to grow your skills in a supportive, meritocratic environment dedicated to your success.

The work environment for a Statutory Reporting Associate at Global Atlantic is fast-paced, collaborative, and characterized by a strong team ethos. With an entrepreneurial culture, employees are encouraged to take ownership of their responsibilities while fostering strong interpersonal relationships across various teams to ensure effective financial reporting and compliance.

Global Atlantic offers a comprehensive benefits package for its Statutory Reporting Associates, including competitive salaries, annual cash bonuses, retirement savings plans with company match, health, and well-being resources. Employees benefit from a culture that emphasizes work-life balance, diversity, and professional growth.

When asked about your experience with statutory financial reporting, be specific about the types of financial statements you've prepared or reviewed, particularly in relation to the life insurance industry. Highlight any software tools you've used, such as PeopleSoft or Hyperion, and detail any challenges you faced and how you overcame them.

In answering this question, emphasize your attention to detail and your methodical approach. Discuss processes like reconciliation, regular audits you participated in, or checks you implemented to ensure all financial data aligns with regulatory standards.

Provide examples of how you manage your time effectively under pressure. Discuss specific instances where you successfully met deadlines, such as using project management techniques or working collaboratively with team members to prioritize tasks.

Relate a specific experience where you recognized inefficiencies in internal controls within a previous role. Discuss your method of addressing the issue, including gathering data, conducting risk assessments, and proposing actionable suggestions to enhance workflows.

Your response should showcase your understanding of regulatory frameworks and their impact on business sustainability. Explain how compliance protects the organization, its clients, and strengthens trust in financial reporting processes.

Discuss your strategies for maintaining open lines of communication across departments. This might include regular meetings, updates, or collaboration tools that you have found effective in aligning goals and addressing potential issues swiftly.

Be specific about your experience with financial software relevant to statutory reporting, like PeopleSoft or Essbase. Provide details on how you utilized these tools to improve reporting accuracy, streamline processes, or deliver insights.

Prepare to discuss a specific analysis you've conducted, illustrating your analytical skills. Focus on the tools and methodologies you applied and the impact your analysis had on decision-making within your team or organization.

Share your commitment to continuous learning, whether through professional associations, certification courses, industry webinars, or reading relevant publications. Discuss how you apply that knowledge to your work and how it benefits your team.

Reflect on what drew you to this field, perhaps a passion for numbers, analysis, or helping organizations maintain financial stability. Convey your enthusiasm for contributing to the success of Global Atlantic and its clients through accurate financial reporting.