Associate, Statutory Investment Accounting

Global Atlantic Financial Group • Boston, MA, United States • $200k - $250k / year • 1m ago

Position Overview

The Associate, Investment Accounting will join the Investment Accounting Team in a role responsible for ensuring the accuracy and timeliness of accounting and reporting related to statutory investment accounting. Coordination with counterparts within Investment Accounting, as well as in Investment Operations, Statutory Accounting and Reporting, Corporate Development, and other departments will be critical to success in this role. The position will report to the AVP of Investment Accounting and will review the work performed by two other team members.

Responsibilities include, but are not limited to:

Complete stat assignments including but not limited to investment NAIC Annual Statement schedules, footnotes, interrogatories for seven insurance company entities.
Train newer members of the team on assignable tasks related to investment accounting and reporting.
Perform control functions in compliance with Sarbanes-Oxley Section 404.
Perform frequent ad hoc analysis and support new business initiatives as needed.
Review journal entries and Annual Statement reporting schedules.
Review high volumes of recurring data monthly, as well as a high volume of new information, some of it on complex investments.
Assist in planning and executing improvements to the quarterly reporting process.
Support audit completion in regulatory communications.
Ensure annual rating agency survey process is completed.

Qualifications:

Bachelor’s degree in Accounting, Finance or related concentration.
4+ years relevant experience; insurance industry experience and accounting, reporting, and investments is preferred.
Public accounting experience is a plus; statutory accounting experience is a plus.
Strong communication skills, work ethic, and high level of personal integrity and accountability.
Organized, hardworking, great communicators, and technically strong, with a background in accounting and reporting.
PowerPoint, Excel, Word skills required.

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