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EY- Assurance –Manager- FAAS – Statutory/NAIC Accounting & Reporting
As part of our EY-Assurance Team, the Manager will be responsible for working closely with FAAS Senior Managers and leadership on clients and engagements across Americas to manage project of accounting and reporting as per the Statutory Accounting Principal of NAIC.
The opportunity
We’re looking for incumbents who is responsible for the timeliness and quality of the work as per Project requirements for our FAAS team and possess solid accounting knowledge under US GAAP and Statutory Accounting Principal of NAIC. The role requires prior experience and knowledge of leading project of accounting and reporting as per the US GAAP and Statutory Accounting Principal of NAIC
Your key responsibilities
- Prepare and review quarterly and annual statutory financial statements,
including Risk-Based Capital (RBC) filings, April supplementals, and other NAIC-required schedules.
- Compile and validate supporting schedules, exhibits, and footnotes for NAIC filings.
- Exhibit controllership skills to ensure compliance with NAIC Accounting Practices and Procedures Manual and state-specific requirements.
- Maintain documentation of differences between US GAAP and Statutory Accounting Principal of NAIC and perform GAAP-to-STAT adjustments.
- Ensure maintaining accurate financial records for regulatory reporting.
- Collaborate in responding regulatory comments and ongoing communication with state insurance departments
- Monitor changes in statutory accounting regulations and standards to ensure ongoing compliance
- Lead in responding regulatory comments and ongoing communication with state insurance departments.
- Ensuring timely resolution of customer, clients and other stakeholder qu
📌 FAAS-Manager-ECRA-Insurance (Delhi)
🏢 EY
📍 Delhi