AVP, Investment Accounting

4 weeks ago

Jersey City, United States Fortitude Re Full time

The AVP of Investment Accounting is responsible, along with other AVPs for managing the month-end and quarter-end close of all investment accounting and reporting for the company’s complex portfolio of investments, performing detailed analysis of investment results and communicating to senior management under both GAAP and Statutory (US STAT) reporting. This position will be involved in overseeing the investment component of periodic settlements of reinsurance and funds withheld transactions. This position includes conformance with the investment accounting internal control environment under Sarbanes Oxley and NAIC Model Audit Rule. This position will be involved in managing and reviewing activity in the GL, reconciliations, audit support, and ad hoc projects as the company acquires more blocks of business. This position requires the business and financial acumen to handle complex situations. This position will report into the Vice President of Investment Accounting and will be based in our Nashville, TN office on a hybrid basis.

What You Will Do:

Prepare ASC 810 consolidation analyses on private equity investments each quarter. Liaise with key stakeholders to evaluate the private equity structures.

On a quarterly basis, perform detailed analysis and overview of the private credit portfolios to ensure appropriate valuation and classification.

Work closely with the office of the Chief Investment Officer to evaluate new asset allocations and classification.

Review the investment holdings data that supports the periodic reinsurance settlements. Participate in monthly settlement calls and explain the movements in the relevant investment portfolios.

Perform quarterly control reviews as outlined within the Company’s Investment Accounting Risk Control Matrix.

Manage and assist compilation of quarterly and yearly footnotes, MD&A, Statutory investment exhibits, debt reporting covenants, valuation committee and audit committee reports.

Facilitate and assist with internal and external audits, related testing and the completion of audit work papers.

Explain fluctuations in portfolio movements to Management.

What You Will Have:

Bachelor’s or Graduate degree in Accounting or Finance with CPA or equivalent accounting certification must.

Minimum 8 years accounting experience, with 4 or more years of investment accounting experience with an insurance/reinsurance.

Knowledge of investment products, including public and private Fixed income, equity, derivatives, and foreign exchange instruments is important. The ideal candidate must have investment reporting experience.

Experience working with asset managers is preferable.

Experience with Life, Annuities and Property Casualty lines of business is important.

Demonstrated strong analytical and project management skills.

Demonstrated ability to apply U.S. GAAP and STAT investment accounting principles and reporting.

Proven track record for exceeding expectations on various, simultaneous projects with tight deadlines.

Capable of communicating and expressing ideas clearly and concisely, in both written and verbal formats.

Proficient in Microsoft Office products, with strong proficiency in Microsoft Excel

Ability to build and maintain working relationships with internal and external asset managers, accounting, compliance, actuarial, management, and systems personnel from junior staff to executive level.

Experience with Clearwater investment accounting platform highly desired.

#J-18808-Ljbffr

  • AVP of Reinsurance Accounting

    7 days ago

    Jersey City, United States AcctPositions Full time

    Our client, a Global Financial Services Organization, is adding a Reinsurance Accounting Manager and an AVP of Reinsurance Accounting to their team (2 different level positions).In these positions, the ideal candidate will be responsible for:Supervise Reinsurance Accounting teams & processing of reinsurance transactionsParticipate in Development of...

  • KYC Data AVP

    5 days ago

    Jersey City, United States Social Capital Resources Full time

    A top-tier Investment Bank is looking for a KYC Data candidate at the AVP level for a permanent position!Responsibilities: Perform post-production sample testing for New KYC, Refresh, PEP screening activities, ongoing adverse news monitoring and Enhanced Due Diligence screenings.Assist with remediating data issuesInvestigate discrepancies within large data...

  • KYC Data AVP

    5 days ago

    Jersey City, United States Social Capital Resources Full time

    A top-tier Investment Bank is looking for a KYC Data candidate at the AVP level for a permanent position!Responsibilities: Perform post-production sample testing for New KYC, Refresh, PEP screening activities, ongoing adverse news monitoring and Enhanced Due Diligence screenings.Assist with remediating data issuesInvestigate discrepancies within large data...

  • Supervisor, Investment Accounting

    1 day ago

    Jersey City, United States AmTrust Financial Full time

    Overview: The Investment Accounting Supervisor is an integral member of the Finance organization that is primarily responsible for (1) monitoring and tracking the monthly and quarterly U.S. and local GAAP financial close for domestic and international entities; (2) preparing U.S. GAAP and Statutory Accounting footnote disclosures and other external...

  • Supervisor, Investment Accounting

    3 weeks ago

    Jersey City, New Jersey, United States AmTrust Financial Services, Inc. Full time

    Overview: The Investment Accounting Supervisor is an integral member of the Finance organization that is primarily responsible for (1) monitoring and tracking the monthly and quarterly U.S. and local GAAP financial close for domestic and international entities; (2) preparing U.S. GAAP and Statutory Accounting footnote disclosures and other external...

  • Finance Investment Specialist

    1 month ago

    Jersey City, United States Artemis Consultants Full time

    This person will be working with Investment team for a major Insurance client. The ideal candidate should have hands-on experience in Actuarial /Financial modeling and a strong understanding of the BFSI and Investment instruments.Experience in Clearwater Accounting platform or similar investment accounting platform is a must haveBachelor’s/master's degree...

  • Finance Investment Specialist

    1 month ago

    Jersey City, United States Artemis Consultants Full time

    This person will be working with Investment team for a major Insurance client. The ideal candidate should have hands-on experience in Actuarial /Financial modeling and a strong understanding of the BFSI and Investment instruments.Experience in Clearwater Accounting platform or similar investment accounting platform is a must haveBachelor’s/master's degree...

  • Finance Investment Specialist

    5 days ago

    Jersey City, United States Artemis Consultants Full time

    This person will be working with Investment team for a major Insurance client. The ideal candidate should have hands-on experience in Actuarial /Financial modeling and a strong understanding of the BFSI and Investment instruments.Experience in Clearwater Accounting platform or similar investment accounting platform is a must haveBachelor’s/master's degree...

  • Finance Investment Consultant

    4 weeks ago

    Jersey City, United States Inizio Partners Corp Full time

    Job DescriptionJob DescriptionRole Overview:The person would be working with the Investment team for a major Insurance client. The candidate should have hands-on experience in Actuarial /Financial modeling and a strong understanding of the BFSI and Investment instruments.The person should be able to create/help build a mapping exercise for the investment...

  • Finance Investment Consultant

    4 weeks ago

    Jersey City, New Jersey, United States DiPietro Recruiting & Consulting Full time

    Role Overview: · The person would be working with Investment team for a major Insurance client. The candidate should have hands-on experience in Actuarial /Financial modeling and a strong understanding of the BFSI and Investment instruments. The person should be able to create/help build a mapping exercise for the investment data coming from various...

  • Finance Investment Consultant

    4 weeks ago

    Jersey City, United States DiPietro Recruiting & Consulting Full time

    Job DescriptionJob DescriptionRole Overview:· The person would be working with Investment team for a major Insurance client. The candidate should have hands-on experience in Actuarial /Financial modeling and a strong understanding of the BFSI and Investment instruments.The person should be able to create/help build a mapping exercise for the investment data...

  • Reinsurance Accounting Manager

    4 weeks ago

    Jersey City, United States AcctPositions Full time

    Our client, a Global Financial Services Organization, is adding a Reinsurance Accounting Manager and an AVP of Reinsurance Accounting to their team (2 different level positions). In these positions, the ideal candidate will be responsible for: Supervise Reinsurance Accounting teams & processing of reinsurance transactions Participate in Development of...

  • Reinsurance Accounting Manager

    8 hours ago

    Jersey City, United States AcctPositions Full time

    Acctpositions - Our client, a Global Financial Services Organization, is adding a Reinsurance Accounting Manager and an AVP of Reinsurance Accounting to their team (2 different level positions). In these positions, the ideal candidate will be responsible for: Supervise Reinsurance Accounting teams & processing of reinsurance transactions Participate in...

  • Managed Investments Product Manager

    2 weeks ago

    Jersey City, New Jersey, United States Bank of America Full time

    Job Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our...

  • Agile Scrum Master

    4 weeks ago

    Jersey City, New Jersey, United States Mitchell Martin Inc Full time

    Our client, one of the largest banks in the US with wealth management, investment banking, and international business, is seeking an Agile Scrum MasterLocation: Jersey City, NJPosition Type: Contract Qualifications:Looking for someone with 5+ relevant experience and less than 5-8 years of overall experience. Looking for someone who is top performing at AVP...

  • Product Support Specialist

    2 weeks ago

    Jersey City, United States State Street Corporation Full time

    (Jersey City, NJ - work location) What we are looking for The Post Production Support Specialist (PPSS) supports customers post go-live of the Charles River Investment Management Solution (CRIMS) implementation. Their contributions include defining new client requirements, configuring and tuning the application to the client's business and technical...

  • Investment Manager

    7 days ago

    Kansas City, United States Burns & McDonnell Full time

    **Description** The Investment Manager role will lead a variety of investment team activities, primarily focused on investments that have a strategic impact on Burns & McDonnells business. This role will support the advancement of the framework and strategy around how these strategic investments are evaluated, selected, and executed across the organization....

  • Investment Manager

    2 weeks ago

    Edison, New Jersey, United States Hackensack Meridian Health Full time

    Overview: A cover letter is required for this position. You can include a cover letter on the first page of your resume document, or you will be requested to submit one upon completing your application.    Our team members are the heart of what makes us better.   At Hackensack Meridian Health we help our patients live better, healthier lives — and...

  • Loan IQ Specialist

    5 days ago

    Jersey City, United States LevelUP HCS Full time

    Position Description: AVP, Loan IQ Specialist Responsibilities:- Assist with Daily Loan IQ Issues (review and assist the business)- Log issues with the vendor- Track and manage issues logged with the vendor- Assist with all testing within Loan IQ (deployed fixes, Upgrades, New businesses, new mappings, new accounts)- Assist with New account set up and...

  • Loan IQ Specialist

    1 month ago

    Jersey City, United States LevelUP HCS Full time

    Position Description: AVP, Loan IQ Specialist Responsibilities:- Assist with Daily Loan IQ Issues (review and assist the business)- Log issues with the vendor- Track and manage issues logged with the vendor- Assist with all testing within Loan IQ (deployed fixes, Upgrades, New businesses, new mappings, new accounts)- Assist with New account set up and...