Senior Associate, Investment Accounting

5 hours, 8 minutes ago
Full-time
Senior
Finance and Accounting
Puck

Puck

Puck helps great teams find great teammates through employer branding, conversations, and authentic candidate engagement, using personalized automation to enhance the candidate experience and improve hiring metrics.

Internet Software & Services
1-10
Founded 2020

Description

  • Compile monthly and quarterly investment data, including net investment income, realized gains and losses, yields, and asset-class balances.
  • Support the accounting close process by preparing journal entries and balance sheet reconciliations for GAAP and STAT bases.
  • Perform detailed analytical review of investment income, fair value changes, and realized/unrealized gains and losses.
  • Support quarterly and annual statutory and GAAP investment disclosures and footnotes.
  • Assist with onboarding and implementation of new investment portfolios related to block acquisitions.
  • Support regulatory filings and ad hoc requests related to Bermuda Monetary Authority requirements.
  • Execute internal control procedures across a diverse asset mix, including derivatives, fixed income securities, equities, loans, private equity, hedge funds, and real estate.
  • Provide investment data for Economic Balance Sheet calculations and Bermuda reporting.
  • Monitor and resolve investment suspense account balances and related issues.
  • Liaise with internal and external audit teams and provide evidence of internal control operation.

Requirements

  • Bachelor’s or graduate degree in Accounting or Finance; CPA preferred.
  • Minimum 5 years of relevant experience in reinsurance or financial services.
  • Experience managing large volumes of data with a strong general ledger and/or analysis tool systems background.
  • Strong understanding of GAAP and STAT investment accounting principles.
  • Knowledge of derivative accounting principles (ASC 815) and familiarity with derivative products.
  • Familiarity with reinsurance structures and investment implications preferred.
  • Experience with Power Query, SQL, or similar data query/transformation tools desired.
  • Experience using the Clearwater investment accounting platform desired.
  • Proficiency in Microsoft Office products, especially Excel.
  • Excellent communication, presentation, interpersonal, analytical, and problem-solving skills.

Benefits

  • Base salary range of $115,000 to $135,000 USD.
  • Annual bonus based on company and individual performance.
  • Generous benefits package.
  • Opportunity for professional development and career advancement.
  • Growth-oriented environment with exposure to new business acquisitions and system enhancements.

Interested in this position?

Apply directly on the company website

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