Unum is a company of people serving people. As one of the world's leading employee benefits providers and a Fortune 500 company, Unum's financial protection benefits help protect more than 36 million working people and their families from the financial impact of illness or injury. Unum's three distinct, but similarly focused US businesses - Unum US, Colonial Life, and Starmount Life - are each a market leader in making disability, life, accident, critical illness, dental, and vision insurance accessible in the workplace.
Headquartered in Chattanooga, Tennessee, Unum also has significant US operations in Portland, Maine, - and over 35 field offices nationwide. Colonial Life is headquartered in Columbia, South Carolina with over 40 field offices nationwide. Starmount Life is based in Baton Rouge, Louisiana, and is the dental and vision center of excellence for Unum in the US.
This position provides strategic leadership to business partners across Unum Group, and directs activities and influences business decisions/outcomes. The incumbent will have direct and indirect management responsibility for professional staff. As a leader of the Company's Corporate accounting team, this role will work directly with product line leaders, actuaries, and other teams within Finance. The position will lead financial analyses with team members that serve to inform and ground business decisions and will collaborate with subject matter experts, provide quality financial analytics, and exercise judgment to drive optimum solutions for complex issues. Responsibilities will include the development of, implementation of, and adherence to financial policies and procedures that will improve the overall operations, consistency, controls, process efficiency, and effectiveness of the enterprise.
Principal Duties and Responsibilities
Lead the financial close process for the product and valuation accounting teams.
Provide oversight of the Company's state reporting and compliance.
Lead the compilation and review of the Company's statutory filings in accordance with the National Association of Insurance Commissioners (NAIC) for all U.S. insurance subsidiaries.
Ensure new standards are evaluated and implemented in accordance with GAAP and statutory requirements.
Seek out and maintain cooperative, productive cross-functional partnerships throughout the global enterprise.
Model positive change management, leading individuals and teams through new operating models and methodologies, creating opportunities for discussion and deliberation.
Build agility and resilience within teams and broader Finance organization to drive transformation.
Provide coaching and mentoring to assist individuals in achieving their full potential. Build bench strength and core competencies for the organization.
Seek out opportunities to increase business knowledge and create visibility within the organization.
Maintain a comprehensive working knowledge of Unum Group's finance functions, processes, reporting systems, and requirements.
Directly or indirectly lead a team on accurate completion of all reporting, analysis, and manages the day to day activities of the team including the GAAP and statutory accounting, general ledger processes, and reporting for specified financial area.
Direct maintenance of various systems and data assets that support the specific financial area(s) of responsibility.
Act as an expert consultant providing financial support to business areas regarding conformance to corporate policies and procedures, technical inquiries, planning and forecasting process, and various tax and accounting issues.
Review existing accounting, financial reporting and administrative processes and procedures in an effort to streamline activities to increase productivity;
Maintain compliance with corporate policies, procedures and controls and external regulatory requirements.
Lead business initiatives and projects.
Research, recommend, and implement new technical solutions to functional area(s) of responsibility.
Present reporting and analysis to senior management. Proactively identify and research unusual trends and make recommendations. Lead detailed analyses and forecasts complex aspects of financial performance.
Monitor industry trends and issues in support of business needs and assesses impacts.
Bachelor's degree, required
At least seven years relevant work experience in the finance department of large corporation.
Master's degree, CPA, CMA or CFA certification preferred.
Comprehensive knowledge of finance at practical and policy levels and the technical skills required to support it.
Proficient in technology necessary to carry out responsibilities.
In-depth understanding and application of financial services and/or insurance sector accounting preferred.
Strong negotiation and partnership skills, across all levels of management, with ability to influence and challenge decisions and processes.
Ability to frame up issues, options, and solutions using financial data for business decision-making.
Experience navigating change in a positive manner with both individuals and teams.
Experience working with all corporate levels including senior management and external contacts.
Proven ability to work in fast-paced, detailed, and deadline-oriented environment by balancing multiple priorities and resources simultaneously.
Excellent conflict resolution and facilitation skills.
Operates with strong conceptual thinking rather than strictly in a 'rules' framework.
Our company is built on helping individuals and families, and this starts with our employees. We want employees to maintain a positive balance, which is why we provide access to the benefits and resources they need to invest in themselves. From our onsite fitness facilities and generous paid time off to employee professional development programs, we are committed to helping employees live and work their best - both inside and outside the office.
Unum is an equal opportunity employer, considering all qualified applicants and employees for hiring, placement, and advancement, without regard to a person's race, color, religion, national origin, age, genetic information, military status, gender, sexual orientation, gender identity or expression, disability, or protected veteran status.
Internal Number: 819752
Unum is a company of people serving people. As one of the world's leading employee benefits providers and a Fortune 500 company, Unum's financial protection benefits help protect more than 36 million working people and their families from the financial impact of illness or injury. Unum's three distinct, but similarly focused US businesses – Unum US, Colonial Life, and Starmount Life – are each a market leader in making disability, life, accident, critical illness, dental, and vision insurance accessible in the workplace.
Headquartered in Chattanooga, Tennessee, Unum also has significant US operations in Portland, Maine and over 35 field offices nationwide. Colonial Life is headquartered in Columbia, South Carolina with over 40 field offices nationwide. Starmount Life is based in Baton Rouge, Louisiana, and is the dental and vision center of excellence for Unum in the US.