Senior Investment Accounting Manager

Role Overview

• Own accounting policy and application for the investment portfolio under US GAAP and US STAT.
• Direct accounting for the company’s derivative and hedging programs, including hedge designation, documentation, and effectiveness testing for programs supporting embedded derivative liabilities (e.g., FIA/index-linked products) and other risk management activities.
• Oversee accounting for alternative investments, including private credit and real estate investments.
• Prepare and review technical accounting memos and white papers on new investment structures, impairment conclusions, and emerging guidance; present conclusions to the Controller and, as needed, the external auditor.
• Oversee GAAP and STAT investment disclosures in audit reports.
• Oversee annual statement reporting for invested assets and SVO designation processes.
• Partner with Risk and Actuarial teams on the investment-related inputs to risk-based capital (RBC) calculations and statutory filings.
• Lead the monthly and quarterly investment accounting close, including reconciliation of investment sub-ledgers/systems to the Workday general ledger.
• Maintain and strengthen internal controls over investment accounting processes.
• Drive process improvement and automation opportunities within investment accounting workflows.
• Serve as the primary investment accounting liaison for the external audit (Deloitte), managing PBC requests, control walkthroughs, and resolution of audit issues.
• Partner with Treasury and the Investment Management team on new investment evaluation, providing feedback, and portfolio strategy from an accounting impact perspective.
• Manage and develop a small team of investment accounting professionals; set priorities, review work product, and build technical bench strength.

Requirements

• Bachelor's degree in accounting, finance, or equivalent work experience
• 7 years of related work experience in finance / accounting
• 3 years of supervisory experience in finance / accounting
• CPA; MBA / CMA / CFA preferred
• Demonstrated Project Management / Process Improvement experience
• Highly proficient in MS Office Applications; Advanced user of MS Office (Excel) preferred
• Proven ability to recruit, retain and develop high-quality individuals
• Excellent written and verbal communication skills
• Demonstrated ability to collaborate effectively and influence business leaders throughout the organization that have varying backgrounds and business acumen
• Proven thought leader with ability to drive positive change across an organization
• Ability to prioritize and deploy resources consistent with organizational goals, evaluate alternatives and negotiate for additional resources
• Proficient with ERP / Financial / Accounting systems (ex. General Ledger, Insurance Annual Statement, etc.); background in Insurance Accounting (STAT & GAAP) preferred

Tech Stack

• ERP

Benefits

• medical
• dental
• vision
• employee assistance program
• life insurance
• disability plans
• parental leave
• paid time off
• 401k
• tuition reimbursement