Financial Consultant -GAAP and Statutory Financial Reporting - Retirement Income Solutions

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Date Posted: May 25, 2023

Location(s): Bridgewater, NJ, US, 8807 Remote, US, 0 Charlotte, NC, US, 28277 Cary, NC, US, 27513

Company: MetLife

Job Location: United States : New Jersey : Bridgewater

Alternate Job Location: Not Applicable : Not Applicable

Work Arrangement: Hybrid


Role Value Proposition

Responsible for GAAP and Statutory financial reporting and analysis in the Retirement Income Solutions segment to support U.S. Business Controllers and Corporate financial reporting requirements.


Key Responsibilities 

  • Product Controller for the Structured Settlements/Institutional Income Annuities and CMIP (Other)
  • Reporting of GAAP and Statutory monthly/quarterly financial results, including income statements, balance sheets and earnings by source in a timely and accurate manner to support U.S. Business Controllers and Corporate financial reporting requirements.
  • Analysis of financial results including comparisons to prior periods and projections,
  • Provide data and analysis to CFO/Business and other business partners as needed  to support projections, business plan, actuals etc,
  • Review of premium and benefit metrics for Structured Settlements and Institutional Income Annuities 
  • Review of Underwriting analysis in support of signoff
  • Support the completion of the RIS – Structured Settlements , Institutional Income Annuities  and CMIP Quarterly Financial Supplement (QFS),
  • Work on special projects, i.e. STATUTORY/GAAP by products.
  • Work closely with other units including Valuations, Product Management, Internal and external auditing to provide accurate and timely data and analysis.
  • Work on FAS 60/UW metric and any other metrics utilized to support analytics
  • Review GA rollforwards in support of QFS signoff.
  • Support MD&A process for MLINC and MLICC by creating support files as needed and creating support binders with referenced support to MD&A.


Essential Business Experience and Technical Skills 

Required:

  • 7+ years of experience in Accounting, Finance or an applicable field of expertise
  • General Ledger functional knowledge and proficiency and knowledge of STAT and GAAP accounting practices/procedures.
  • Strong Communication Skills and proficiency with advanced features of Excel

Preferred:

  • Bachelor’s degree in Accounting, Finance or an applicable field of expertise
  • CPA/MBA or working towards it
  • Ability to analyze facts and develop logical conclusions and effective time management and prioritization
  • Knowledge of People Soft, Essbase and Hyperion Financial Management (HFM)


Business Category

Financial Management Group_12713


Number of Openings

1


At MetLife, we’re leading the global transformation of an industry we’ve long defined. United in purpose, diverse in perspective, we’re dedicated to making a difference in the lives of our customers.

 

 


MetLife:

 


MetLife, through its subsidiaries and affiliates, is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.

 


We are one of the largest institutional investors in the U.S. with $642.4 billion of total assets under management as of March 31, 2021. We are ranked #46 on the Fortune 500 list for 2021. In 2020, we were named to the Dow Jones Sustainability Index (DJSI) for the fifth year in a row. DJSI is a global index to track the leading sustainability-driven companies. We are proud to have been named to Fortune magazine’s 2021 list of the “World’s Most Admired Companies.”      

 


MetLife is committed to building a purpose-driven and inclusive culture that energizes our people. Our employees work every day to help build a more confident future for people around the world.

 


The wage range for applicants for this position is $82,000 - $109,000. This role is also eligible for annual short-term incentive compensation. MetLife offers a comprehensive benefits program, including healthcare benefits, life insurance, retirement benefits, parental leave, legal plan services and paid time off. All incentives and benefits are subject to the applicable plan terms.

 


We want to make it simple for all interested and qualified candidates to apply for employment opportunities with MetLife.  For further information about how to request a reasonable accommodation, please click on the Disability Accommodations link below.

 


MetLife is a proud Equal Employment Opportunity and Affirmative Action employer dedicated to attracting, retaining, and developing a diverse and inclusive workforce. All qualified applicants will receive consideration for employment at MetLife without regards to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.

 


MetLife maintains a drug-free workplace.