Director - Reinsurance Accounting

Finance Team – As a highly collaborative team, we serve as effective partners and balance-sheet stewards providing the financial leadership to deliver on Corebridge’s strategic objectives.

About The Role
This role assists in overseeing a team dedicated to delivering timely and accurate financial information relating to complex affiliate and external reinsurance treaties. Key responsibilities include reviewing reinsurance settlement calculations and managing the monthly/quarterly close for reinsurance to ensure timely and accurate close for GAAP, U.S. Statutory, and Bermuda Statutory. The Director of Reinsurance Accounting also identifies, recommends, and develops process improvements, focusing on standardization, collaboration, and innovation thinking.

Organizational Structure
The Director of Reinsurance Accounting is part of the Reinsurance Accounting team within the Controllership. The role reports to the Head of Reinsurance Accounting and collaborates with Business Unit CFOs, CAO, and various functional areas such as investments, actuarial, strategic planning, accounting policy, and auditors.

Responsibilities

Lead a team of professionals to complete monthly and quarterly reinsurance accounting closes on time and accurately.

Review reinsurance cession calculations and settlements.

Coordinate and review various financial statement disclosures and regulatory filing submissions.

Assist in explaining monthly/quarterly reinsurance results to stakeholders.

Support the accounting implementation for new reinsurance deals or related transactions ensuring accuracy and compliance with accounting regulation.

Maintain an effective control environment with control and process documentation and coordinate internal and external audits.

Continuously assess existing processes to identify, recommend, and develop process improvements and standardization.

Participate in special projects and ad hoc requests.

Skill and Qualifications

8+ years experience in the insurance industry, including hands‑on experience with complex reinsurance treaties.

Strong analytical abilities and practical problem‑solving skills, excellent organizational skills and keen attention to detail.

Experience in successful process improvements and automations.

Ability to collaborate and interact effectively with all levels of staff.

Ability to multitask with a variety of systems and processes.

Adaptability to organizational changes and willingness to take on new responsibilities and assignments.

Familiarity with financial systems is preferred, particularly SAP and BPC.

Proficiency in data tools, including Excel, Word, PowerBI, and Alteryx.

Compensation
This position is eligible for a discretionary bonus in accordance with the terms of the applicable incentive plan. Corebridge offers a range of competitive benefits as part of the total compensation package.

Work Location
This position is based in Corebridge Financial’s Houston, TX office and follows a hybrid working policy, offering both office and remote options. Full remote candidates outside the Hub location may be considered.

Estimated Travel
Minimal Travel.

Benefit Offerings Include

Health and Wellness: Medical, dental, vision insurance plans, mental health support, and wellness initiatives.

Retirement Savings: Competitive 401(k) plan with up to 6% company match and a 3% company contribution (vest immediately).

Employee Assistance Program: Confidential counseling services.

Matching Charitable Donations: 1:1 matching up to $5,000.

Volunteer Time Off: 16 volunteer hours annually.

Paid Time Off: At least 24 PTO days for eligible employees.

We Are an Equal Opportunity Employer
Corebridge Financial is committed to being an equal opportunity employer and complies with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company also complies with all fair employment practices concerning citizenship and immigration status. Corebridge Financial provides reasonable accommodations to job applicants and employees, including accommodations for physical or mental disabilities or sincerely held religious beliefs. Reasonable accommodations are determined on a case-by-case basis in accordance with applicable law.

Corebridge Financial will consider qualified applicants with criminal histories, consistent with applicable law.

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