Director, Office of Accounting Policy

Who We Are
At Corebridge Financial, we believe action is everything. That’s why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow.
We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life:

• We are stronger as one: We collaborate across the enterprise, scale what works and act   decisively for our customers and partners.
• We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders.
• We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future.
• We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work.

About The Role

Primary responsibilities of the Accounting Policy Director role include providing relevant technical accounting expertise under both US GAAP and Statutory guidance for ongoing and complex transactions, leading the implementation of new accounting standards, and maintaining and updating the Company’s US GAAP Accounting Manual for day-to-day transactions.

This position reports to the Corebridge Head of Accounting Policy & External Reporting and works closely with others within Finance, including business unit controllers, investments, actuarial, statutory reporting, SEC financial reporting, as well as the Company’s external auditors.

Responsibilities

• Research, interpret and document complex accounting issues, including those relating to insurance and annuity transactions, ensuring compliance with GAAP, NAIC and other applicable industry standards.
• Identify potential accounting issues with proposed transactions and proactively work with internal stakeholders to identify solutions to issues identified.  
• Communicate complex accounting concepts and findings to internal stakeholders in a clear and concise manner. 
• Prepare technical accounting analyses and documentation for complex accounting matters and support internal stakeholders responsible for recording and implementing such matters.
• Work to validate technical accounting conclusions with the Company’s external auditors.
•  Collaborate with other accounting policy team members and internal stakeholders to ensure appropriate accounting for transactions is identified, discussed and all issues resolved efficiently. 
• Maintain and update critical accounting policies, including conducting regular reviews and updates of accounting policies and procedures to ensure they reflect current requirements.
• Monitor and proactively identify/research proposed new accounting standards and guidance (i.e. FASB, SEC and NAIC guidance)
• Lead implementation of new accounting standards, including training of internal stakeholders on new requirements.
• Review GAAP and statutory financial statement disclosures to ensure compliance with accounting requirements.
• Develop relationships with members of other departments to facilitate resolution of issues and staying informed of potential future issues.
• Assist in managing special projects and ad hoc requests.
• Continuously assess existing processes to identify, recommend, and develop process improvements.

Skills and Qualifications

• CPA License
• 10+ years of relevant technical accounting experience, preferably within the insurance sector.
• In-depth understanding of both Statutory and US GAAP accounting and reporting requirements.
• Analytical and practical problem-solving skills with strong organizational skills and attention to detail.
• Excellent verbal and written communication skills demonstrating a consultative mindset.
• Ability to communicate and explain complex concepts to internal stakeholders, including non-Finance staff.
• Proven leadership skills and positive attitude with the ability to make consistent, sound and effective decisions with minimal direction.
• Strong Microsoft Office skills, including Word, Excel, and PowerPoint.
• Demonstrate high level of integrity and professionalism.
• Strong interpersonal skills and a desire to work in a collaborative environment
• Actively pursues learning and self-development to enhance personal, professional and business growth, shares learning and development with their team

Compensation

Corebridge also offers a range of competitive benefits as part of the total compensation package, as detailed below.

Work Location

If the position is based in one of Corebridge Financials' hub offices which are Houston, TX, Jersey City, NJ. or Woodland Hills, CA office the role is subject to our hybrid working policy, which gives colleagues the benefits of working both in an office and remotely. However, we are open to considering full remote candidates outside of these areas.

#LI-SB1  #LI-SAFG #LI-Remote

This role is deemed a “covered associate” under SEC Rule 206(4)-5, 17 CFR § 275.206(4)-5, Political contributions by certain investment advisers, and other federal and state pay-to-play rules. Candidates for the role must not have made any political contributions that, under 17 CFR § 275.206(4)-5 or other federal or state pay-to-play regulations, would disqualify the candidate or Corebridge Financial from conducting Corebridge Financial’s business, or that would otherwise create a conflict of interest for Corebridge Financial. Applicants who are selected to move forward with the application process will be required to disclose all U.S. political contributions they and their household family members have made over the past two years.

Why Corebridge?
At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive.
Benefit Offerings Include:

• Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
• Retirement Savings: We offer retirement benefits options, which vary by location.  In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
• Employee Assistance Program: Confidential counseling services and resources are available to all employees.
• Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
• Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
• Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.

Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law, governing Plan document(s) and Company policy.

We are an Equal Opportunity Employer
Corebridge Financial, is committed to being an equal opportunity employer and we comply with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial, we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our colleagues are respected as individuals and valued for their unique perspectives.
Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees, including any accommodations needed on the basis of physical or mental disabilities or sincerely held religious beliefs.  If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to [email protected].  Reasonable accommodations will be determined on a case-by-case basis, in accordance with applicable federal, state, and local law.
We will consider for employment qualified applicants with criminal histories, consistent with applicable law.

To learn more please visit: www.corebridgefinancial.com

Functional Area:

FA - Finance

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

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