Manager, Statutory Accounting

We're Looking for an experienced Manager, Statutory Accounting!

                                                                                                                                                                                    
About the Company:
Security Benefit is a leader in the U.S. retirement market with more than $75 billion in assets under management. We offer opportunities to thrive, innovate, and make an impact. As part of our team, you’ll play a key role in driving the future of the U.S. retirement industry. Security Benefit is a PLACE where we promise to help our customers To and Through Retirement®.

We’re proud to have been recognized as one of the best in the business:

• Named to Ward’s 50 list of top-performing life-health insurance companies
• Recognized on list of Ingram’s Top 100 Private Companies in the Kansas City area in 2024

About the Role:
The Manager, Statutory Accounting  position leads a team responsible for the financial reporting function in accordance with Statutory Accounting Principles (SAP). This role owns the accuracy, timeliness, and quality of financial reporting and accounting deliverables — including journal entries, financial statement preparation and analysis, state filings, analytical reviews, and account reconciliations — while directly supervising and developing staff.  This position offers significant ownership over specific insurance entities, regular exposure to senior leadership, and the opportunity to shape processes and people across the financial reporting function.

The Manager, Statutory Accounting position reports to the Senior Manager, Statutory Accounting and can be based out of our office in Topeka or Overland Park, Kansas, or Des Moines, Iowa. We work a hybrid schedule, offering flexibility to work both remotely and on-site.

• Lead and oversee the SAP accounting close, ensuring journal entries and account reconciliations are completed accurately and on schedule in accordance with the accounting close calendar.
• Work with staff to review and prepare financial statements, MD&A, and supporting schedules.
• Analyze financial statements and results to identify trends, ensure accuracy, and communicate findings to key stakeholders and senior leadership.
• Prepare and manage state filings for 4 life insurance companies.
• Lead the preparation and review of FABN disclosures and statutory accounting basis notes, supporting the transition of this work from external consulting to internal ownership.
• Manage the SAP audit process, including preparation and review of audit reports and coordination of audit deliverables for 4 life insurance companies and 14 separate accounts.
• Serve as a primary point of contact for internal and external auditors, overseeing the gathering of data, preparation of schedules, and response to inquiries.
• Research and resolve technical accounting and reporting matters, documenting conclusions in accordance with relevant accounting literature, and communicate impacts to the broader team.
• Ensure the team's work is performed in compliance with the internal control environment and help strengthen controls where needed.
• Train, mentor, and coach staff to build a high-performing team and support long-term talent retention.
• Conduct performance management activities, including goal setting, feedback, and performance evaluations for direct reports.
• Review and approve journal entries and account reconciliations prepared by staff in accordance with the accounting close calendar.
• Identify and lead process improvement initiatives to increase the efficiency and effectiveness of the financial reporting function.
• Develop and maintain effective, collaborative relationships with internal and external customers and business partners.
• Partner with department leadership on resource planning, workflow prioritization, and special projects.

What We’re Looking For:

Qualifications:

• Bachelor's or Master's degree in Accounting required.
• CPA preferred, with 7+ years of progressive accounting experience, including public accounting and/or insurance industry experience.
• 3+ years of experience managing or leading a team, with demonstrated ability to develop staff and hold accountability for team performance.
• Insurance industry experience required.

Key Skills & Capabilities:

• Proven ability to lead, coach, and develop a team while holding high standards for quality and accuracy.
• Strong analytical and problem-solving skills with the ability to identify trends and communicate financial findings clearly.
• Strong verbal and written communication skills, with the ability to present findings to senior leadership.
• High level of interpersonal skills and integrity; self-starter with a collaborative approach who values and encourages teamwork.
• Ability to work independently, make sound decisions, and effectively communicate with all levels of management.
• Strong time management and prioritization skills, with the ability to manage a team toward critical deadlines.
• Intermediate to advanced proficiency in Microsoft Excel, Word, Outlook, or similar programs.
• Willingness to develop and share industry-related knowledge with the team.

Why Choose Security Benefit?
When you join our team, you’re not just getting a paycheck — you’re getting a career path full of growth opportunities, plus a robust benefits package that puts your well-being first. Here’s what you can expect as a full-time Security Benefit associate:

• Competitive salary and annual incentive bonuses to reward your contributions.
• 33 days of paid time off (including PTO, holidays, Volunteer Day, and days of significance).
• Paid parental leave after 90 days of service.
• Comprehensive medical, dental & vision insurance.
• 401(k) with company match, plus Profit Sharing & Savings Plan.
• Short- and Long-Term Disability Insurance to give you peace of mind.
• Flexible Spending Accounts for medical and dependent care.
• Life Insurance to protect your loved ones.
• Educational assistance to support your career development.
• Associate assistance programs for your personal and professional well-being.

Ready to Make an Impact?
Apply today by visiting our career page to submit your resume. We’re excited to meet you!

Security Benefit is an Equal Opportunity Employer.