Accounting Specialist at MetLife in Warren

Job description

Location Warren, New Jersey The Team You Will Join Join MetLife’s Retirement & Income Solutions team and help shape the future of financial security for millions. As the trusted market leader in institutional retirement, you’ll contribute to delivering $5.5 billion in annual benefits payments to almost one million retirees and beneficiaries. Here, you’ll work with annuities, risk solutions, and stable value products that help companies reduce risk and maintain financial strength while empowering individuals to retire with confidence. Join us to help solve today’s most complex retirement challenges and make a lasting impact on our customers’ lives. The Opportunity The Accounting Specialist is responsible for the daily banking and accounting functions for MetLife's Corporate and Bank Owned Life Insurance products (COLI and BOLI) and Post Retirement Benefit products (PRB), both within MetLife's Retirement & Income Solutions (RIS) division of US Business. As a key member of the Financial Management team, you will actively participate in receipts and disbursements transactions routinely involving amounts of several million to several hundred million dollars and often require manual cash movements and accounting entries due to the customized nature of the products. This is an exciting opportunity to work closely with cross-functional partners and with stakeholders in Finance, Treasury, Fund Transfer Unit, Separate Account Controller's, Cash Management, Client Services and Policy Holder Services. Key Responsibilities Accepting and booking of incoming cash and performing associated reconciliations. Preparing ledger entries on both a GAAP and STAT reporting basis. Establishing wire transfer in Kyriba. Monitoring, and clearing of suspense accounts. Providing state premium detail for Statutory reporting. Assisting in the daily work for the separate account cash movements. Required Qualifications Undergraduate degree in a related field or High School Diploma with 1-3 years or relevant experience. Diligence and ability to manage multiple tasks efficiently; detail oriented. Ability to work both independently and as a team member. Proficient in Microsoft Office Suite including Work, Excel, PowerPoint, Outlook & OneDrive. Ability to use AI to improve speed, quality, and efficiency across a broad range of day-tp-day tasks. Preferred Qualifications Working knowledge of GAAP and STAT accounting. Knowledge of PeopleSoft general ledger, sub-ledger, finance/accounting systems including MetCheck, Kyriba, KAPS, CUBUS, ReconNet and Cadency. Prior related experience in the insurance accounting. Location Expectation: This is a hybrid role requiring a minimum of 3 days per week in office. The expected salary range for this position is $54,200 - $72,300 . This role may also be eligible for annual short-term incentive compensation. All incentives and benefits are subject to the applicable plan terms. Benefits We Offer Our U.S. benefits address holistic well-being with programs for physical and mental health, financial wellness, and support for families. We offer a comprehensive health plan that includes medical/prescription drug and vision, dental insurance, and no-cost short- and long-term disability. We also provide company-paid life insurance and legal services, a retirement pension funded entirely by MetLife and 401(k) with employer matching, group discounts on voluntary insurance products including auto and home, pet, critical illness, hospital indemnity, and accident insurance, as well as Employee Assistance Program (EAP) and digital mental health programs, parental leave, paid time off, paid holidays, volunteer time off, tuition assistance and much more! For more information regarding MetLife’s U.S. benefits, please click here . About MetLife Recognized on Fortune magazine's list of the "World's Most Admired Companies", Fortune World’s 25 Best Workplaces™, as well as the Fortune 100 Best Companies to Work For®, MetLife,