Senior Investment Reporting Accountant – Hybrid

Role Overview

• Lead monthly and quarterly investment accounting close processes, including preparing complex journal entries for valuations, income accruals, and realized/unrealized gains and losses.
• Prepare and review quarterly and annual statutory statements, annual audited statutory reports, subsidiary board reports, risk-based capital and other supplemental reports, and annual investment surveys.
• Review and maintain investment data required for GAAP and statutory accounting and reporting.
• Review statutory disclosures prepared by Investment accounting specialists, and audited statutory financials for accuracy, consistency and completeness.
• Prepare and review critical Statutory Filing schedules (e.g., Schedule BA, Schedule D, Investment Income Exhibits) and provide footnote disclosures for year-end audited financial statements.
• Ensure accounting policies are documented and compliant with US GAAP and insurance statutory reporting requirements.
• Prepare annual investment surveys from Rating Agencies and Regulators.
• Ensure compliance of portfolio holdings with relevant investment limitations and requirements.
• Create reports for boards and regulators that monitor investment exposures versus guidelines.
• Perform daily and monthly reconciliations of security positions, market values, and cost values between internal general ledgers and third-party custodian records or investment managers.
• Perform periodic system data reviews to ensure accuracy and completeness.
• Account for and analyze specialized investments such as Limited Partnerships (LPs), Commercial and Residential Mortgage Loans, and Asset Backed Securities, applying appropriate accounting methods.
• Implement accounting and reporting for new asset classes, such as Residential Mortgage Loans.
• Prepare ad-hoc investment reporting for senior management and other internal and external stakeholders.
• Identify opportunities to leverage automation and data analytics to streamline workflows, enhance reporting accuracy, and reduce manual tasks.
• Work with IT to automate existing manual spreadsheets using database environment.
• Evaluate investment accounting processes, identifying opportunities for improvement in efficiencies/effectiveness, and assist the department in the implementation of these improvements.
• Support internal and external audits by providing documentation and responding to technical queries.
• Maintain controls in compliance with Sarbanes-Oxley (SOX) and other internal controls.
• Perform periodic reviews of the internal control environment (SOX), critically evaluating existing controls to determine which remain necessary and which can be streamlined or eliminated to improve operational efficiency without increasing risk.
• Conduct technical research on complex accounting issues and document conclusions in formal policy memos.
• Research, interpret, document and implement new accounting releases.
• Coordinate the implementation of new accounting standards.
• Research GAAP and statutory accounting guidance associated with new investment strategies and monitor changes to accounting rules and policies, assessing potential impacts to Globe Life and its subsidiaries.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field is required.
• Five years’ experience in GAAP and insurance industry reporting or relevant experience.
• US GAAP and Insurance Statutory Accounting reporting experience required.
• Public accounting experience preferred.
• CPA (Certified Public Accountant) is highly preferred.
• Advanced knowledge of US GAAP and insurance statutory reporting concepts.
• Excellent written and verbal communication skills.
• Ability to work as a team player.
• Ability to lead and train other team members.
• Microsoft Excel – intermediate to advanced level.
• Workday General Ledger system exposure a plus.
• Wings annual statement software exposure a plus.
• Clearwater Investment Accounting exposure a plus.
• Precision LM Mortgage Loan Accounting Software exposure a plus.

Benefits

• Comprehensive health, dental, and vision insurance plans because your well-being is fundamental to your performance.
• Robust life insurance benefits and retirement plans, including company-matched 401k and pension plan.
• Paid holidays and time off to support a healthy work-life balance.
• Parental leave to help our employees welcome their new additions.
• Subsidized all-in-one subscriptions to support your fitness, mindfulness, nutrition, and sleep goals.
• Company-paid counseling for assistance with mental health, stress management, and work-life balance.
• Continued education reimbursement eligibility and company-paid FLMI and ICA courses to grow your career.
• Discounted Texas Rangers tickets for a proud visit to Globe Life Field.