Statutory Reporting Accounting Consultant

You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.

CNA seeks to offer a comprehensive and competitive benefits package to our employees that helps them — and their family members — achieve their physical, financial, emotional and social wellbeing goals.

For a detailed look at CNA’s benefits, check out our Candidate’s Guide.

JOB DESCRIPTION:

This position reports to the Director and is part of the Statutory Reporting team which has responsibility for the timely and accurate completion of all quarterly and annual Statutory financial statements and related filings, ensuring compliance with NAIC and other regulatory requirements. The team also has oversight of various intercompany accounting processes and is responsible for the development, analysis and distribution of key internal financial reports. The role provides opportunities to collaborate with a variety of teams across the organization and utilize new technologies, as we strive to continually enhance and improve processes. This role provides significant opportunities to enhance and develop insurance accounting and reporting skills and has high visibility to senior management.

The Statutory Reporting team is part of Corporate Financial Services, CNA’s corporate controller organization. The group leads CNA’s financial close process, driving efficient accounting and related analysis, along with meaningful internal and external reporting. The group’s responsibilities encompass property & casualty and life & group insurance, reinsurance, planning & analysis, and corporate accounting as well as technical advisory, financial control, services operations and SEC/GAAP and Statutory reporting.

The ideal candidate is a self-motivated, team-player that possesses a strong analytical mindset and a high degree of accountability for accurately reporting externally on CNA’s financial position and internally to deliver meaningful financial insights that shape the direction of the Company. This role requires strong communication and organizational skills, attention to detail, and the desire to innovate and improve. This hybrid role is located in Chicago, IL.

Essential Duties & Responsibilities

1. Reviews the quarterly and annual Statutory financial statements, and other financial reports and regulatory filings for accuracy.
2. Oversees the monthly intercompany accounting processes.
3. Understands the Company’s products and services, and the necessary reporting requirements and disclosures.
4. Investigates financial results, understands and effectively communicates impact to management.
5. Participates in technical accounting research and in determining the proper accounting and reporting treatment of new or complex transactions.
6. Leads process improvement initiatives that enhance the efficiency and accuracy of financial reporting, including furthering use of technology to streamline processes.
7. Works collaboratively within the team, across the department, and with individuals external to CNA.
8. Liaisons with internal and external auditors and provides necessary support.

May perform additional duties as assigned.

Reporting Relationship

Director or above

Skills, Knowledge & Abilities

1. General knowledge of accounting principles, practices and procedures as well as GAAP and Statutory accounting procedures.
2. Basic knowledge of accounting and industry issues as they relate to the organization.
3. Strong analytical and problem solving skills, and ability to work independently.
4. Detail oriented with strong organizational skills and the ability to prioritize and manage multiple projects effectively.
5. Strong interpersonal and communication skills; ability to effectively and clearly communicate and influence others.
6. Excellent computer skills including Microsoft Office Suite and other business-related software systems.

Education & Experience

1. Bachelor's Degree, preferably in accounting or finance, CPA desirable.
2. Typically a minimum of five to eight years related work experience.
3. Audit experience in a large public accounting firm preferred.

What's In It For You

1. CNA Benefits (including generous 401K, tuition assistance & PTO)
2. A commitment to Diversity & Inclusion including robust employee resource groups
3. Career development through formal channels as well as CNA's proven culture of continuous learning

CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact