About the role
Job Description Summary
This role is with ERAC, Employers Reassurance Corporation and a corporate holding of GE Aerospace. We are a reinsurance company supporting the long-term care insurance, structure settlements and Life along with other insurance products. Responsible for driving both US GAAP and Statutory accounting compliance, financial and operational internal controls, process simplification, and operational excellence to deliver accurate actual financial reporting and analysis. In-depth understanding of key business drivers; uses this understanding to accomplish own work. In-depth understanding of how work of own team integrates with other teams and contributes to the area.Job Description
Job Description
Roles and Responsibilities
Responsible for the preparation of quarterly and annual Statutory Accounting Practices (SAP) and Generally Accepted Accounting Principles (GAAP) financial statements, including detailed analysis, supplemental schedules and disclosures.
Prepare periodic NAIC financial statement schedules and exhibits and other regulatory filings.
Prepares account reconciliations for both GAAP and STAT basis of accounting
Prepares routine monthly/quarterly journal entries
Developing in-depth knowledge of a discipline. Uses prior experience and acquired expertise to execute functional policy/strategy.
Support internal and external audits.
Required Qualifications
Bachelor's degree from an accredited university or college in Accounting or Finance.
Insurance industry experience required
Desired Characteristics
Demonstrated ability to analyze and resolve problems.
Ability to document, plan, market, and execute programs. Established project management skills.
Public accounting experience preferred
Salaried Postings or Hourly Roles With Merit Pay (i.e., a Pay Range)
The base pay range for this position is $86,000.00 - 120,000. The specific pay offered may be influenced by a variety of factors, including the candidate’s experience, education, and skill set. This position is also eligible for an annual discretionary bonus based on a percentage of your base salary/ commission based on the plan. This posting is expected to close on October 31, 2026.
GE Aerospace offers comprehensive benefits and programs to support your health and, along with programs like HealthAhead, your physical, emotional, financial and social wellbeing. Healthcare benefits include medical, dental, vision, and prescription drug coverage; access to a Health Coach from GE Aerospace; and the Employee Assistance Program, which provides 24/7 confidential assessment, counseling and referral services. Retirement benefits include the GE Aerospace Retirement Savings Plan, a 401(k) savings plan with company matching contributions and company retirement contributions, as well as access to Fidelity resources and planning consultants. Other benefits include tuition assistance, adoption assistance, paid parental leave, disability insurance, life insurance, and paid time-off for vacation or illness.
GE Aerospace (General Electric Company or the Company) and its affiliates each sponsor certain employee benefit plans or programs (i.e., is a “Sponsor”). Each Sponsor reserves the right to terminate, amend, suspend, replace or modify its benefit plans and programs at any time and for any reason, in its sole discretion. No individual has a vested right to any benefit under a Sponsor’s welfare benefit plan or program. This document does not create a contract of employment with any individual.
Additional Information
GE Aerospace offers a great work environment, professional development, challenging careers, and competitive compensation. GE Aerospace is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.
GE Aerospace will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable). Employees may also be subject to random and reasonable-suspicion drug and alcohol testing.
Relocation Assistance Provided: No
- This is a remote positionOriginally posted on Himalayas