Nancy K. Email & Phone Number

Suffield, Ct, Us

One Hartford Plaza, Hartford, Ct

Lead an experienced team of professionals responsible for the company’s three annual Audited Financial Statements, the general interrogatories, and footnotes for the NAIC Statutory Annual and Quarterly Statements, and various DOI filings and data calls for 18 Property and Casualty companies and 1 Life Company. Lead the redesign and build out of a new Statutory Compliance and Reporting structure. • Drove the identification and implementation of process improvements to simplify and streamline more than 6,000 state, territory and agency filings performed by the team resulting in hundreds of hours saved, eliminating overtime thus leading to a better work-life balance while also providing improved accuracy• Developed and implemented a comprehensive plan to integrate onshore and offshore personnel resulting in the reduction of 2.5 offshore FTEs and providing transparency into the work being performed offshore• Maintained expense discipline by conducting a 6-month Offshore Process Confirmation Project which resulted in a reduction in offshore time of 274 business days per year (55 work weeks), a 73% annual savings which led to the reduction of another offshore FTE.• Collaborated with Government Affairs to change Connecticut state legislation to allow electronic notarization• Integrated company acquisitions, including the transition of more than 920 compliance filings, 4 additional annual/quarterly statements and a new audit into the existing team with no staff adds required• Managed two significant system implementations, Sovos Statutory Reporting software and the conversion from Workiva Wdesk Classic to NextGen• Led a 6-month cross-functional project to create and implement an automated process to complete the external audit accounting checklist for 4 audits• Developed a robust process to review Blanks Working Group footnote and general interrogatory changes on a quarterly basis to facilitate timely periodic updates versus a last-minute fire drill in December

1295 State Street, Springfield, Ma

Accounting Policy and Transaction Advisory LeadProactively monitor, influence, and synthesize regulatory accounting standards, including the FASB, SEC, NAIC, and state insurance departments, and communicate related changes and impacts to senior and executive leadership teams. Advocate and protect the Company throughout the standard setting process and provide high quality accounting advice across the enterprise. Adept at operationalizing the accounting change implementation process, lead projects that analyze and implement complex business and financial regulatory changes. Apply complex accounting and financial concepts and controls to support operations teams and external audits.• Key accounting member of working group that handled business reorganizations, mergers, acquisitions and change management.• Represented the company at ACLI, NAIC and FASB meetings and on insurance interested party calls where I spoke on topics related to my expertise to influence and formulate rules that were friendly to the company.• Ability to simplify complex accounting matters while also following through on the practical application which reduces errors and the risk of financial statement restatement and out of period adjustments.• Spearheaded projects to implement new US GAAP Revenue from Contracts with Customers (approximately $3 billion of revenue) and Statement of Cash Flow rules.• Streamlined Quarterly and Annual Accounting Policy Update process reducing preparation time by 9 days per quarter while adding new internal controls and improving overall quality.• Created procedures and improved efficiency of the team’s quarterly and dry run footnote processes which led to a quarterly time savings of 3 days per quarter.• Redesigned directory structure that allowed better team collaboration, flexibility and efficiency.

Springfield, Massachusetts Area

Director, Accounting Policy and Consolidation DeterminationsLed the accounting policy teams of the Company and its subsidiaries. Ensured presentation and disclosure requirements were met as a key member of the financial statement preparation team. • Interpreted and implemented complex accounting topics and developed proper Corporate Governance and Oversight. Identified opportunities to improve accounting and develop solutions to accounting challenges, including effective deal structuring.• Modernized the Finance team function by developing and documenting significant internal accounting policies and initiating and formalizing processes to identify, document and monitor non-GAAP policies.• Directed the full rewrite and reorganization of the Company’s annual financial statements.• Led multiple projects to implement revised US GAAP Consolidation Guidance - reviewed and documented more than 400 legal entities, ultimately consolidated 100 totaling more than $20 billion in assets.• Served as Project Manager of US GAAP Revised Fair Value Disclosure implementation for $19 billion of assets and $12 billion of liabilities in all 3 levels, involving the coordination of 15 - 20 cross-functional teams.• Launched a redesigned post financial crisis Stat and GAAP impairment process for MassMutual Financial Group’s approximately $65 billion investment portfolio.

Bachelor’S Degree, Accountancy

Activities and Societies: Student Activities Budget Committee, Jazz BandGraduated magna cum laude

Mba, Finance, 4.0

Most Outstanding Graduate Student Award