VP, Accounting Policy
About the role
VP, Accounting Policy
The VP, Accounting Policy serves as the firm-wide subject matter expert on technical accounting policy for complex reinsurance transactions, with accountability across U.S. GAAP, U.S. Statutory, and Bermuda statutory reporting frameworks. This role partners closely with actuarial, tax, legal, investments, and financial reporting teams to evaluate, structure, and account for new transactions, ensuring accounting outcomes are technically sound, well-documented, and defensible.
The role requires deep expertise in insurance and reinsurance accounting (ASC 944), understanding of how investment portfolios support insurance liabilities, and the ability to exercise professional judgment on complex and evolving issues. The VP, Accounting Policy reports to the SVP, Head of Accounting Policy.
What You Will Do
- Serve as the technical specialist for complex reinsurance transactions and policy interpretations, with specific expertise in ASC 944, Financial Services – Insurance.
- Research, interpret, and establish accounting policies for complex reinsurance structures and emerging transactions, ensuring consistency, accuracy, and audit defensibility.
- In close collaboration with actuarial, tax, and financial reporting teams, research, analyze, and prepare accounting policies in relation to U.S. GAAP, SEC, U.S. Statutory and Bermuda statutory and Economic Balance Sheet (EBS) accounting and reporting guidance relevant to reinsurance, insurance and other emerging issues.
- Provides technical accounting guidance that informs transaction structuring and execution.
- Monitor, analyze, and document developments (including new standards) from the FASB, SEC, NAIC and BMA that could impact the Company’s accounting policies, practices, and disclosures.
- Lead the design and documentation of financial processes and controls to promote compliance with the Company’s internal control program, with a specific focus on technical accounting matters.
- Act as a trusted advisor to internal stakeholders, providing timely guidance on accounting policy implications to support corporate development and strategic initiatives, including but not limited to reinsurance transactions.
- Provide coaching, training, and technical guidance to accounting and finance team members as needed.
- Support additional accounting policy initiatives and responsibilities as assigned.