Job Information
NORTHWESTERN MUTUAL LIFE INSURANCE Risk Product Accounting Consultant in MILWAUKEE, Wisconsin
JOB REQUIREMENTS: At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference. Summary Independently performs financial accounting functions, and related control activities, for assigned products and processes to ensure conformance with statutory accounting standards. Leads the preparation and analysis of complex product line financial results. Analyzes numerous and complex contract administration systems to ensure the accuracy of product accounting information and identify potential enhancements to improve efficiency. Represents the Department in enterprise-wide system and/or process development activities related to products. Primary Duties and Responsibilities Independently performs financial accounting functions, and related control activities, for assigned products and processes to ensure conformance with statutory accounting standards. Assignments for this role may include accounting transactions and balances related to premiums, fees, policy benefits, field compensation, dividends, reinsurance and associated reserve and suspense accounts. Ensures the accuracy of the accounting generated by numerous contract administration systems as well as any necessary manual accounting. Researches and resolves complex reconciliation issues, imbalances and open suspense items. Provides guidance and coaching to others in the Division performing accounting and control activities. Analyzes balance sheet and income statement accounts to ensure the accuracy of accounting. Performs accurate, timely and value-added complex core financial statement and analytical reporting products for product lines. Prepares reports and information for inclusion in Board reporting, regulatory filings and other management financial reports. Analyzes financial activity for alignment with expectations and the identification of trends or unusual items. Utilizes operational indicators, business plans/projections and actuarial information in this analysis. Provides a deep understanding of the business transactions and related accounting performed by numerous and complex contract administration systems. Analyzes product accounting and related administration systems to identify potential enhancements to improve accuracy and efficiency. Leads efforts to implement system or process improvements, including those involving change in the operating departments. Represents the Department in enterprise-wide system and/or process development activities related to products. Collaborates with project teams to acquire a thorough understanding of changes. Independently develops and delivers comprehensive and clear accounting, reporting and testing requirements. Ensures that adequate accounting control structures are designed and implemented, and all necessary accounting information is completely and accurately recorded in the financial... For full info follow application link. EEO/AA Employer/Vets/Disability ***** APPLICATION INSTRUCTIONS: Apply Online: ipc.us/t/5B75151F5051446C Qualified females, minorities, and special disabled veterans and other veterans are encouraged to apply.