Senior Financial Consulting Associate – Insurance Accounting

Role Overview

• Utilizing intermediate knowledge of complex accounting concepts to assist insurance clients with its accounting and finance operations, including reinsurance, LDTI, audit readiness, claims and reserves, and revenue recognition.
• Prepare and review GAAP and STAT financial statements, schedules, and reports to ensure compliance with regulatory standards.
• Provide timely, high quality client service that meets or exceeds client expectations including coordinating the development and execution of the consulting work plan and client deliverables
• Collaborate directly with firm specialists/subject matter experts on complex accounting matters
• Actively participate with engagement team and function as an in-charge facilitating field work by monitoring and reporting regarding productivity and adherence to work plan schedules on each assignment
• Perform detailed investment accounting tasks for various asset classes, including fixed income, equities, derivatives, real estate investments, private placements, commercial mortgage loans, and alternative investments.
• Utilize investment accounting system for recording, monitoring, and reporting investment activity.
• Collaborate with internal and external stakeholders to provide expert guidance on investment accounting and regulatory reporting requirements.
• Conduct variance analysis, financial reporting analysis, and other ad hoc analyses to support client decision-making.
• Stay updated on regulatory changes and industry trends impacting investment accounting and insurance companies as a whole.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field; CPA or equivalent designation preferred.
• Minimum of 3 years of experience in investment accounting, preferably in the insurance industry.
• Strong knowledge of GAAP and STAT principles, with a focus on investment accounting.
• Experience with Investment accounting systems (Clearwater, Aladdin Accounting, PAM, others) is highly desirable.
• Proficiency in Microsoft Excel and other financial analysis tools.
• Excellent communication and interpersonal skills, with a client-focused mindset.
• Ability to manage multiple priorities in a fast-paced environment and meet deadlines.
• Strong analytical and problem-solving skills, with keen attention to detail.
• Willingness to travel up to 3 months a year.

Benefits

• Competitive benefits and compensation package
• Flexibility in schedule