Principal Accountant-Financial Reporting

About Our Company

We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. Our team of 22,000 people across 19 countries, serves more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses – Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Job Description

Ameriprise Financial is looking to add a Principal Accountant- Financial Reporting to the team! The individual in this role is responsible for the preparation and timely completion of statutory financial statements and disclosures for filing with State regulators and the NAIC and monitoring changes in accounting/reporting guidance and new transactions and events. The individual in this role will also ensure quality and accuracy of disclosures and are in compliance with insurance statutory accounting principles.

Key Responsibilities

Prepares life insurance company statutory annual and quarterly financial statements, and other reports, for filing with state insurance regulators and the NAIC

Provides insightful qualitative analysis around regulatory and legal entity reporting

Teams with internal and external partners to understand prioritize and review specialized/complex analysis, reports and accounting transactions and implement any changes needed for reporting

Maintain effective internal controls over financial reporting

Complete requests from and communicate with external auditors and examiners/regulators

Ad hoc projects

Assists in the preparation and review of various state and insurance company filings

Required Qualifications

Bachelor’s degree in accounting or related field

5 or more years’ experience - ideally with regulatory filings

Proven ability to lead through change and handle detailed work in a fast-paced, deadline-driven environment

Strong attention to detail and ability to problem solve

Strategic and independent thinker with ability to quickly adapt to change

Strong oral and written communication skills

Preferred Qualifications

Accounting degree

CPA license

Life insurance company statutory reporting experience

Ability to navigate NAIC statutory accounting and reporting guidance

Proficiency with Workday General Ledger

Demonstrated decision-making skills, ability to prioritize tasks to understand the impact to the business and develop best practices

Strategic and independent thinker with the ability to quickly adapt to change

In-Office Collaboration

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

Visa Sponsorship

Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).

Base Pay Salary

The estimated base salary for this role is $87,400-$120,200/year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Exempt

Job Family Group

Finance

Line of Business

FIN Finance

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law.

We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.