Manager, Investment Accounting
Insurance / Reinsurance Accounting | Hybrid
About the Opportunity
A growing insurance organization is seeking an Investment Accountant to join its finance team. This role offers a unique opportunity for accounting professionals looking to transition from public accounting into industry while gaining exposure to complex investment accounting, reinsurance structures, statutory reporting, and strategic transactions.
The position is particularly well-suited for professionals with 4-6 years of experience in public accounting who have audited insurance companies, asset managers, financial institutions, or other financial services organizations and are looking to leverage their technical accounting and financial reporting background in a highly visible corporate finance role.
You’ll work closely with investment professionals, finance leadership, external asset managers, and third-party business partners, gaining broad exposure to investment operations, reinsurance transactions, and insurance finance strategy.
Position Overview
The Investment Accountant will support the accounting and reporting for investment portfolios that support reinsurance and insurance operations. This individual will analyze investment activity, support financial reporting, collaborate with internal and external stakeholders, and help ensure investments are accounted for accurately under both statutory and GAAP reporting frameworks.
This role provides significant exposure to:
- Investment accounting
- Insurance and reinsurance transactions
- Statutory and GAAP reporting
- Financial statement preparation and analysis
- Process improvement and automation initiatives
- Cross-functional collaboration with investment, finance, and corporate development teams
The ideal candidate is intellectually curious, analytical, detail-oriented, and interested in building expertise within the insurance and investment accounting space.
Key Responsibilities
- Support accounting and reporting for investment portfolios supporting insurance and reinsurance operations.
- Analyze investment activity and ensure transactions are recorded accurately and completely.
- Partner with investment professionals, external asset managers, and third-party stakeholders to reconcile and validate investment results.
- Assist in the preparation and review of GAAP and Statutory financial reporting deliverables.
- Research and interpret accounting guidance related to investments, financial instruments, and insurance-related transactions.
- Perform account reconciliations, analytical reviews, and variance analysis.
- Identify opportunities to improve reporting processes, controls, and operational efficiency.
- Support internal and external audit requests and regulatory reporting requirements.
- Assist with implementation and optimization of investment accounting systems and reporting tools.
- Participate in strategic initiatives involving investment structures, reinsurance arrangements, and finance transformation projects.
Ideal Background
This opportunity is especially attractive for candidates coming from public accounting who are seeking a first move into industry.
Preferred Qualifications
- Bachelor’s degree in Accounting, Finance, or related field.
- CPA designation completed or in progress strongly preferred.
- 4-6 years of experience in public accounting, audit, or assurance.
- Experience auditing insurance companies, asset managers, banks, financial institutions, or other financial services organizations.
- Strong understanding of U.S. GAAP financial reporting and internal controls.
- Experience reviewing financial statements and researching accounting guidance.
- Advanced Excel skills and strong analytical capabilities.
- Excellent written and verbal communication skills.
- Demonstrated ability to manage multiple priorities and deadlines in a fast-paced environment.
Nice-to-Have Experience
- Exposure to insurance accounting, statutory accounting, or reinsurance.
- Experience with investment accounting concepts and financial instruments.
- Familiarity with investment accounting platforms such as Clearwater.
- Experience with ERP systems such as SAP, Oracle, or Workday.
- Exposure to data analytics, automation tools, or AI-enabled reporting solutions.
Why This Role?
For public accountants targeting their first industry move, this position offers:
- Direct exposure to complex insurance and investment accounting matters.
- Significant interaction with executive leadership and investment professionals.
- Opportunity to develop expertise in reinsurance and insurance finance.
- Strong technical accounting and reporting experience.
- A visible role within a growing organization.
- Career progression opportunities within accounting, financial reporting, investment accounting, and finance leadership functions.
Benefits
- Competitive compensation and bonus opportunity
- Medical, dental, and vision coverage
- 401(k) with company-sponsored benefits
- Flexible paid time off
- Hybrid work environment
- Paid holidays
- Tuition reimbursement and professional development support
