Director, Ceded Reinsurance Accounting & Financial Reporting

Dir Reinsurance - RB06BE We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future. The Director, Ceded Reinsurance Accounting & Financial Reporting will report to the AVP of Reinsurance Accounting and will play a key leadership role within the Corporate Controllers organization. The Director is responsible for leading the ceded reinsurance accounting function, including close, financial reporting, and control activities. This role manages a team of approximately eight professionals and partners closely with Finance, Actuarial, Reinsurance, and other stakeholders to ensure accurate, timely, and compliant accounting and reporting under U.S. GAAP and Statutory (STAT) accounting standards. Responsibilities Manage accurate and timely ceded reinsurance accounting and close activities, including key account analysis, reconciliations, and review of results. Oversee preparation and review of management and external reporting deliverables related to ceded reinsurance, including GAAP financial reporting and support for NAIC statutory reporting, as applicable. Ensure compliance with U.S. GAAP and applicable statutory and regulatory accounting requirements, applying strong technical judgment to complex reinsurance transactions and treaty structures. Lead, develop, and mentor a team of approximately eight accounting and financial reporting professionals; establish clear expectations, provide coaching, and support talent development. Maintain a strong internal control environment, including SOX and other financial controls, and implement enhancements as needed. Identify and oversee continuous improvement initiatives that reduce workload and/or improve quality across the team; act as a champion for embracing emerging technologies and innovative approaches to enhance efficiency, accuracy, and scalability of processes. Partner with internal stakeholders on enterprise initiatives and cross‑functional projects impacting ceded reinsurance accounting and reporting. Support implementation of new accounting and reporting guidance and integrate changes into existing processes, documentation, and controls. Serve as a key contact for audit support and respond effectively to inquiries related to ceded reinsurance accounting and reporting. Support and/or lead technology and data improvements within ceded reinsurance accounting processes; experience with reinsurance accounting systems, including Procede, is a plus. Qualifications 7–10 years of experience in a professional finance or accounting role, preferably within insurance and/or reinsurance accounting and financial reporting. Strong knowledge of U.S. GAAP and Statutory (STAT) accounting, with the ability to apply technical guidance to complex transactions and clearly communicate conclusions. Proven leadership skills required; experience managing staff strongly preferred. Bachelor’s or Master’s degree in Accounting, Finance, or related discipline required. CPA, MBA preferred but not required. Proactive, innovative individual with strong analytical, communication, and documentation skills and a strong desire to continuously evaluate current processes and identify and implement improvements. Demonstrated ability to leverage technology, data, and emerging tools to improve efficiency, strengthen controls, and enhance the quality and timeliness of deliverables. Proficiency in Excel and related reporting tools; reinsurance systems experience preferred (ProCede a plus). Ability to successfully balance multiple competing priorities in a close and reporting environment. Compensation The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short‑term or annual bonuses, long‑term incentives, and on‑the‑spot recognition. Annualized base pay range for this role is: $144,400 - $216,600 Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age #J-18808-Ljbffr The Hartford