Friday, May 13, 2011

[WNO] Digest Number 876

Messages In This Digest (2 Messages)

Messages

1.

Chief Accounting Officer - Annuity / Life Insurance from Marty Latma

Posted by: "Marty Latman" baconml@nac.net   martylatman

Thu May 12, 2011 10:25 am (PDT)



CHIEF ACCOUNTING OFFICER
(Annuity or Life Insurance)

CLIENT COMPANY:

We are a leading provider of fixed deferred and immediate annuities and life insurance products to financial service professionals and their clients across the United States. They are a listed Company with $300 million in revenue, a 13% increase over the previous year and approximately $3.7 billion in assets. .

REPORTING
RELATIONSHIP

The Chief Accounting Officer will report directly to the Chief Financial Officer, and will have a significant and integral interaction with the other members of the senior management team.

MISSION STATEMENT & PURPOSE:

The core business strategy is to expand the individual annuity business and to increase the risk-adjusted returns on invested capital by prudently managing investment spreads and investment risk.

Key elements to this strategy are:

• Expand Regional Platform into National Platform.
• Broaden Annuity Product Offerings to include all four major product types.
• Build on existing distribution channels.
• Enhance investment spread capabilities.
• Focus high quality service to Agents and Policyholders.

POSITION:

While this is not a new position, the Chief Accounting Officer will provide enhanced leadership and vision.

Supported by a professional and dedicated staff, the Chief Accounting Officer will have responsibility for the General Accounting, Governmental and SEC reporting, Financial Planning and Analysis, and a strong understanding of taxes.

Specifics will include, but are not limited to the following:

• Responsible for GAAP and NYS Statutory reporting compliance.
• Responsible for SEC filings (10Q, 10K, Proxy, Form 4, etc.).

Page 2

POSITION (Cont'd)

• Responsible for financial reporting oversight for all business functions.
• Responsible for Accounting and Corporate policy and procedure development.
• Drive the Annual Operating Budget process
o Revenue enhancement
o Cost Analysis
• Support Strategic Planning and Capital Analysis, as well as M&A activities.
• Responsible for Cash Flow Management
• Responsible for the Corporate Insurance Program (Errors & Omissions and Director & Officers)
• Will give input to the ERM Committee
• Work with the CFO in establishing a new non-New York State domiciled entity (49 & 1) that will be used for new product development.
• Support the CFO in migrating the company from an investment company orientation to a more insurance product orientation.

EXPERIENCE:

• Must have insurance industry experience within an Annuity or Life company to adequately administer the complexities of the position.
• Must be a CPA with a graduate degree preferred.
• Must have demonstrated experience in Statutory reporting, inclusive of NYS, GAAP Accounting Principles, SEC and Management Reporting, Financial and Operational Controls.
• Proficient in Fair Value accounting.
• Proficient in planning, analysis and budgeting a must.
• Strong knowledge of financial systems and adept at profitability systems.
• Working knowledge of actuarial concepts greatly preferred.
• History of staff development and mentoring.

COMPENSATION:

Compensation will depend upon experience necessary to satisfy the requirements of the position. Compensation package includes a competitive base and a performance bonus, plus potential for equity (stock options) and benefits.

LOCATION: Metro New York
For further information, please contact:
Our search consultant
JB Chanko
Chanko-Ward, Ltd.
2 West 45th Street-12th fl
New York, NY 10036
Email: jchanko@chankoward.com
212-869-4040

2.

LEAD:  Brkr Dlr Floor Supp Assoc - NY - to 65/hr C2C

Posted by: "john sampson" jcsspike@yahoo.com   jcsspike

Thu May 12, 2011 6:08 pm (PDT)



Job Description                    A Broker Dealer located in New York is looking for a Trade Floor Support Associate.
 
Skills Required                      Need a trading floor support associate to start as soon as possible.
 
Salary Range                          This is a temporary position which will pay up to $65 an hour Corp to Corp and less for W-2.
 
How to Apply                         Contact Tony Savoca at Momentum Resource Solutions at asavoca@momentumrs.com and then call him at 732-738-0929.
 
Tony Savoca
Vice President
Director of Financial Services
Momentum Resource Solutions
1090 King Georges Post Road
Edison, NJ 08837
732-738-4700

MIS Ntwk Assoc Mtg Dates:

May 10th - Tues Reg Mtg - 6 pm - Berman Larson Kane Offices, Paramus - DO NOT use GPS for directions - Bring 15 copies of your resume
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