Sr. Investment Accountant - STAT Reporting
Job Description
Summary
The Sr. Investment Accountant role completes STAT reporting for investments, assists in preparation of Bluebook schedules, and prepares IMR (Interest Maintenance Reserve) and AVR (Asset Valuation Reserve) calculations. This role will also help support the NAIC Ratings process, completion of surveys and regulatory reporting.
Organization
This position reports to the Manager, Investment Accounting and works closely with an external third party investment accounting administrator and external investment managers.
Duties and Responsibilities
- Completion of STAT reporting for investments, including NAIC annual and quarterly statements and related analysis, ensuring completeness, accuracy and the timely delivery of completed results. Provides analysis of results for variance in trends and against expected results.
- Assist in preparation of Bluebook schedules, which may include Schedule D, DB, B, or BA
- Preparation of IMR (Interest Maintenance Reserve) and AVR (Asset Valuation Reserve) calculations
- Provide support for the NAIC Ratings and SVO process
- Completion of surveys and regulatory reporting
- Assist with STAT footnotes and audited financial statements
- Ensure compliance with internal control procedures and maintenance of evidence of controls. Assists in the review and maintenance of control documentation and ensures all controls are completed timely.
- Completes and or assists in the coordination of external auditor, internal audit requests, and state insurance department examinations.
- Actively seeks and proposes methods for continuing process improvements in the reporting, analysis and system functions.
- Assists on special projects and other duties as assigned.
Experience and Education Requirements
- Bachelor’s degree in Accounting or Finance
- Minimum 3 years of experience in Investment Accounting required.
- Experience developing process optimization within the boundaries of corporate infrastructure and regulatory environment     Â
Preferred Experience
- CPA
- Insurance industry (Life, annuity, reinsurance)
#LI-JW1
#LI-Remote
Work Environments
F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements. During the hiring process, you'll work with your leader to decide what works best for your role.
Join our employee-centric hybrid work environment: fglife.com/about/culture.html
About F&G
Since 1959, Fidelity & Guaranty Life Insurance Company (F&G) has offered annuity and life insurance products to those who are seeking security in retirement and protection during life’s unexpected events.
As an Iowa Top Workplace1 and a proud equal opportunity employer, F&G employees are empowered, collaborative, dynamic and authentic. We believe that by embracing these values, we will continue to build and strengthen the company, while continuing to be a great place to work.
1Des Moines Register Top Workplaces 2018-2021.
Link:Â https://topworkplaces.com/company/fidelity-guaranty-life/desmoinesregister/
Date Posted
09/24/2022
Views
6