Accounting Director, Reinsurance

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Job Summary
Leads and directs the accounting and reporting functions related to Reinsurance.
This Director role is part of Corporate Financial Services (CFS), 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, and corporate accounting, as well as technical advisory, financial control, services operations, and SEC/GAAP and Statutory reporting.
This role provides opportunities to collaborate across business units and utilize new technologies, as we strive to continually enhance and improve processes.
Essential Duties & Responsibilities
Performs a combination of duties in accordance with departmental guidelines:

  • Directs the work activities and has full leadership responsibility for the performance and development of the team.
  • Provides leadership and review as a technical advisor for:
    • monthly close and related processing and analysis (e.g. financial analysis, journal entry preparation).
    • preparing and analyzing account reconciliations.
    • analytical schedules, variances analyses, and analytical support for internal requests.
    • quarterly/annual statutory and/or GAAP financial statements and schedules/exhibits in compliance with SEC, FASB, NAIC and other regulatory requirements, and monthly internal financial results packages.
  • Leads projects and process improvement efforts.
  • Liaisons with internal and external auditors and provides necessary support.
  • Participates in determining the proper accounting treatment of complex or unusual transactions.


Reporting Relationship
AVP or VP
Skills Knowledge and Abilities
1. Highest level knowledge of accounting/finance principles practices and procedures and industry issues as they relate to the organization and senior-level knowledge of GAAP and statutory accounting procedures.
2. Ability to effectively lead, coach, and develop the accounting group while encouraging creativity and innovation.
3. Ability to achieve results by taking a proactive long-term view of business goals and objectives.
4. Excellent analytical and problem solving skills with the ability to manage and prioritize multiple projects.
5. Excellent organizational skills.
6. Strong communication and presentation skills with the ability to interface with departmental staff internal and external management customers and
other business units.
7. Ability to exercise professional judgment and assume responsibility for decisions which have an impact on people and quality of service.
8. Strong computer skills including Microsoft Office Suite and other business related software systems.
Education and Experience
1. CPA preferred.
2. Typically a minimum of nine to twelve years related work experience.
*LI-MR1

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Location

Located in the heart of the loop, CNA’s headquarters are at 151 N Franklin. With close proximity to both L and Metra stations.

An Insider's view of CNA

How would you describe the company’s work-life balance?

Work-life balance has always been a priority for me. It always will be. CNA’s hybrid working model allows me to not only maximize collaboration with my peers but also take advantage of increased flexibility by combining remote and in-office work. I’m empowered to take control of my schedule based on what works best for me and my team.

Alison Massey

Agile Scrum Master Consultant

How does the company support your career growth?

Throughout my five-year career, I’ve seen CNA value creating thinking and continuous learning. My managers actively encourage me to pursue rewarding professional development opportunities. Those opportunities have had a direct impact on my career growth. At CNA, the opportunities are endless and your career aspirations matter.

Alaina Cole

Underwritting Specialist

What unique initiatives do you have that encourage innovation?

We have an Innovation program and team that designs processes to encourage creative thinking and capture ideas across CNA. In addition to collaborating with and learning from world-class technology partners, we also host events such as our Innovation Summit and Hackathon, which bring winning competition ideas to life in real products and services.

Keith Zhang

Architecture Consulting Director

What's the biggest problem your team is solving?

A primary focus of my team is reducing the time-to-market associated with machine learning models. By leveraging cutting-edge cloud services and streamlining processes, we’re enhancing the model development lifecycle. That enhancement allows us to use efficient, effective predictive analytics when making business decisions.

Ryan Gulden

Senior AI/ML Engineer

What are CNA Perks + Benefits

CNA Benefits Overview

One of the many advantages of working at CNA is the benefits program we offer you and your eligible dependents,
beginning on the first day of your employment. The program features a variety of plans that provide health care
benefits, well-being, disability and survivor protection, and 401(k) savings, among others. Below are highlights
of the offerings.

Culture
Volunteer in local community
Partners with nonprofits
Open door policy
OKR operational model
Open office floor plan
Flexible work schedule
Remote work program
Diversity
Dedicated diversity and inclusion staff
Diversity employee resource groups
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Wellness programs
Financial & Retirement
401(K)
401(K) matching
Company equity
Employee stock purchase plan
Performance bonus
Charitable contribution matching
Child Care & Parental Leave Benefits
Generous parental leave
Family medical leave
Adoption Assistance
Vacation & Time Off Benefits
Generous PTO
Paid holidays
Paid sick days
Office Perks
Relocation assistance
Onsite gym
Professional Development Benefits
Job training & conferences
Tuition reimbursement
Lunch and learns
Online course subscriptions available

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