Senior Associate, Investment Accounting

3 days, 9 hours 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, investment yields, and asset class balances.
  • Support the accounting close process by preparing journal entries and balance sheet reconciliations under GAAP and STAT.
  • Perform analytical review of investment income, fair value changes, and realized and 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, commercial mortgage loans, private equity, hedge funds, and real estate.
  • Provide investment data for Economic Balance Sheet calculations and Bermuda reporting.
  • Monitor, research, and resolve investment suspense account balances.
  • Liaise with internal and external audit teams and provide evidence supporting internal controls.
  • Lead private equity operations processes, including data extraction from fund statements and system upload templates.
  • Drive continuous improvement in the investment close cycle and participate in system enhancements, UAT testing, and automation initiatives.
  • Develop and maintain desktop procedures and process documentation.
  • Leverage AI-enabled tools and advanced analytics to improve accounting and reporting efficiency and accuracy.

Requirements

  • Bachelor’s or graduate degree in Accounting or Finance; CPA preferred.
  • Minimum of 5 years of relevant experience in the reinsurance industry 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 Clearwater investment accounting platform desired.
  • Proficiency in Microsoft Office, especially Excel.
  • Excellent communication, presentation, and interpersonal skills.
  • Proven ability to manage multiple deliverables and meet deadlines.
  • Strong management, collaboration, analytical, and problem-solving skills.
  • Ability to work independently in a fast-paced, growth-oriented environment.
  • Strong ownership mindset and intellectual curiosity, with interest in automation and AI-enabled tools.

Benefits

  • Base salary range of $100,000 to $120,000 USD.
  • Annual bonus based on company and individual performance.
  • Generous benefits package.
  • Opportunity for professional development and career advancement.

Interested in this position?

Apply directly on the company website

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