Sr. Investment Accountant - Close and Analysis

Job Summary

The Sr. Investment Accountant- Close and Analysis is responsible for performing various duties related to accounting and reporting for investments.  This position is part of the Close and Analysis team within the organization’s Investment Center of Excellence structure and will be responsible for the reconciliation and controls of multiple investment types including fixed maturity, private placements, derivatives and mortgage loans.  Candidate will also be responsible for net investment income analysis and review of investment cash flows.  The ideal candidate will be highly analytical, enjoy collaborating with other teams, have the ability to challenge current processes and drive efficiencies. 

Organization

This position reports to the Manager of Investment Accounting and will work closely with team members and leaders across the Investment COE and third-party investment accounting administrator.

 Duties and Responsibilities

• Maintain GAAP and STAT General Ledger to Sub Ledger reconciliations for investments ensuring completeness, accuracy and timely delivery for review; also have the ability to research, document and resolve variances
• Review of transaction level data within investment accounting system to ensure completeness and accuracy
• Liaise with Investments FP&A and Investment Strategy teams on analysis of net investment income and other key financial data
• Support internal control objectives for Investment accounting by identifying key risks, adhering to controls, documenting controls for compliance and testing, and remediating any control gaps.
• Assist in the coordination of both external and internal audit requests
• Provide regular updates to investment accounting senior management keeping them well-informed of any issues, shortcomings, or accomplishments of the team

Actively seeks and proposes methods for continuing process improvements in the reporting, analysis and system functions.

• Assist in other relevant projects and ad hoc tasks as assigned

Experience and Education Requirements

• Bachelor’s Degree in accounting or finance required or equivalent experience
• 3 years of experience in investment accounting industry
• Must possess GAAP and Statutory financial accounting knowledge for investments
• Knowledge of various investment asset types, i.e. fixed, equity, derivatives, mortgage loans, etc.
• Experience developing process optimization within the boundaries of corporate infrastructure and regulatory environment

Preferred Skills

• CPA
• Insurance industry (Life, annuity, reinsurance)
• Clearwater, Oracle and Essbase experience