Sr. Accountant - Investments

Key Accountabilities/Deliverables

• Monitor daily investment activity within the investment accounting tool, Clearwater
• Review monthly investment reconciliations, including custodian, Clearwater and Workday reconciliations
• Review monthly investment journal entries on a GAAP and statutory basis for six insurance companies
• Review monthly pricing and fair value levelling review for all securities
• Review monthly investment expense accruals
• Review daily summary of investment activity
• Review weekly investment report
• Review monthly investment report
• Prepare various adhoc analysis of the investment portfolio for management as requested
• Aid in the monitoring of actual investment expenses to planned expenses
• Aid in the accounting and reporting of other invested assets
• Prepare quarterly and annual GAAP reporting of investments within the consolidated financial statement, investor supplement and any future reports utilized by management
• Prepare quarterly and annual STAT reporting of investments within the yellow books, statutory financial statements, and various statutory exhibits
• Prepare various compliance reporting of investment holdings for state insurance departments
• Prepare investment data for AM Best reporting
• Aid in the coordination amongst various banks and state insurance departments for necessary investment transactions and account maintenance
• Support internal and external audit requests related to the investments area
• Maintain procedural documentation for assigned responsibilities
• Aid in managing relationships (including invoicing and contracts) with various vendors

  Technical Knowledge and Understanding

  • Good working knowledge of US GAAP accounting
  • Advanced Excel/spreadsheet skills including pivot tables and complex formulas
  • Excellent analytical and organizational skills
  • Strong verbal and written communication skills
  • High level of efficiency, accuracy, and responsibility
  • Motivation and strong desire to take on new challenges and learn

  Experience

  • Bachelor’s degree in Accounting, Finance, or related field
  • 3+ years experience of Accounting or Auditing
  • Preference for experience with insurance industry
  • Certified Public Accountant (CPA) designation is a plus