Senior Manager - Accounting and Financial Reporting
tiaa · Charlotte, NC, USA ·
- Seniority
- Senior
- Category
- Finance
TIAA’s Corporate Controller group is looking for an experienced Senior Manager to lead statutory accounting and financial reporting activities across our insurance and reinsurance operations. This role is responsible for ensuring the accuracy of the statutory accounting and reporting for insurance and reinsurance activities, overseeing the general ledger close process for related activities, and ensuring compliance with statutory accounting requirements. The Senior Manager will oversee a small US-based team of associates and leverage our India-based resources, and will serve as a key partner to senior leadership on technical accounting and reporting matters.
Key Responsibilities and Duties
- Manage the close process related to insurance and reinsurance activities, ensuring timely and accurate reporting
- Review and approve journal entries prepared by team members within the general ledger
- Ensure journal entries are properly supported, accurately classified, and compliant with accounting policy
- Maintain strong controls over journal entry preparation, review, and approval workflows
- Oversee balance sheet and other reconciliation processes across insurance and reinsurance balances
- Ensure reconciliations are performed timely, accurately, and with appropriate supporting documentation
- Review and resolve reconciling items, escalating significant issues as needed
- Serve as the Financial Reporting Owner for various operating subsidiaries ensuring they are properly accounted for on TIAA’s financial statements and to ensure associated capital needs are met
- Drive efficiency improvements in close, reconciliation, and reporting workflows, including identifying opportunities for automation and standardization across US and India teams
- Coordinate with external auditors and manage audit requests for insurance and reinsurance activities
- Oversee certain disclosures and schedules within TIAA’s annual statement for the general account (Blue Book) and separate accounts (Green Books), as well as the audited financial statements
- Responsible for the US statutory accounting for certain Bermuda based insurance subsidiaries, which requires working with Bermuda service providers, auditors and regulators as needed
- Research, interpret and document technical accounting positions on complex insurance and reinsurance transactions, applying relevant accounting guidance and coordinating with the Accounting Policy team to ensure appropriate application of accounting principles.
- Prepare and review technical accounting analysis specific to insurance/reinsurance transactions (e.g., premium accounting, reserves, ceded/assumed reinsurance treaties)
- Help to manage, mentor, and develop a US-based team and leverage our India-based resources
- Participate in setting performance goals, conducting regular performance reviews, and supporting professional development of related team
- Maintain and strengthen internal controls over accounting and financial reporting for insurance and reinsurance activities
- Partner cross-functionally with Actuarial, FP&A, Tax, Treasury and Legal teams
Educational Requirements
- University (Degree) Preferred
Work Experience
- 5+ Years Required; 7+ Years Preferred
Physical Requirements
- Physical Requirements: Sedentary Work
Career Level
8PL
Required Qualifications
- 5 + years of experience with life and annuity insurance companies, including related Statutory Accounting Principles (SAP) and Annual Statements (Blue Book and Green Book).
Preferred Qualifications
- 7 + years of experience with life and annuity insurance companies, including related Statutory Accounting Principles (SAP) and Annual Statements (Blue Book and Green Book).
- Certified Public Accountant
- Experience in the financial services industry
- Understanding of and ability to manage parts of the monthly general ledger close process regarding journal entries and reconciliations.
- Ability to maintain and strengthen the internal control environment, including managing the preparation of audit work papers and supporting schedules
- Experience working with both internal and external auditors.
- Leadership and team management experience, including the ability to develop talent, manage workloads across multiple filing deadlines, and foster a culture of accuracy and accountability.
- Strong written and verbal communication skills are necessary for presenting financial results to senior leadership and external stakeholders including auditors.
- Ability to analyze financial statements, general ledger detail, and supporting schedules to identify discrepancies, unusual trends, or potential misstatements, and investigate root causes rather than accepting surface-level explanations.
- Ability to research and apply accounting guidance for reporting and accounting requirements.
- Strong knowledge of reinsurance accounting and its statutory reporting implications.
- Knowledge of GAAP and Bermuda Statutory & Economic Balance Sheet accounting and reporting.
- A background in driving process improvements, including leveraging automation and data analytics to reduce manual effort and improve reporting accuracy.
- Strong project management capabilities, including experience managing cross-functional teams through complex regulatory filings and system implementations.
- Experience working with Actuarial, Finance, Tax, Treasury and Accounting Policy teams.
Anticipated Posting End Date:
2026-11-05Base Pay Range: $119,000/yr - $150,000/yrActual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).
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Company Overview
Every worker deserves a secure retirement. For more than 100 years, TIAA has delivered it for millions of people. Founded to help educators retire with dignity, today weʼre a market-leading retirement company fueled by world-class asset management. But weʼre not just another legacy financial services firm. Weʼre fighting harder than ever before for our clients and the many Americans who need us.
Our Culture of Impact
At TIAA, we're on a mission to build on our 100+ year legacy of delivering for our clients while evolving to meet tomorrow's challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together, we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People, Be Client Obsessed, Lead with Integrity, Own It, and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose, accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveen's entrepreneurial spirit, where we work hard and work together to create lasting impact. Here, every associate can grow through meaningful learning experiences and development pathways—because when our people succeed, our impact on clients' lives grows stronger.
Benefits and Total Rewards
The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary.
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We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.
Our full EEO & Non-Discrimination statement is on our careers home page, and you can read more about your rights and view government notices here.
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