Financial Portfolio Manager

7 days ago


Austin, Texas, United States Texas Mutual Insurance Company Full time
About Us
Texas Mutual Insurance Company is a leading provider of workers' compensation insurance in Texas, serving thousands of businesses and protecting the well-being of their employees. Our mission focuses on preventing workplace accidents and ensuring quality care for injured workers.

We are proud to be consistently recognized as one of the Best Companies to Work for in Texas, with an average employee tenure of 10 years. This achievement is a testament to our competitive salaries, award-winning benefits package, and employee recognition programs.

At Texas Mutual, we prioritize creating a positive work environment that values mutual respect and equality among all employees. We are committed to fostering growth and development within our team, encouraging collaboration, and promoting professional excellence.

Salary & Benefits
The estimated annual salary range for this position is $72,932.55 - $119,914.20, reflecting the company's commitment to fair compensation based on market evaluation, performance, education, and experience. Additionally, our comprehensive benefits package includes:
  • An annual performance bonus and merit-based pay increase
  • Lifestyle Savings Account ($1,000 per year)
  • Automatic 4% employer contribution to retirement plan
  • 401k plan with 100% employer match up to 6%
  • Student loan repayment matching in 401k plan
  • Three weeks' time off for vacation
  • Nine paid holidays and two personal days each year
  • Day one health, Rx, vision, and dental insurance
  • Life and disability insurance
  • Flexible spending account
  • Pet insurance and pet Rx discounts
  • Free on-site gym, fitness classes, and health and wellness resources
  • Free identity theft protection
  • Free student loan repayment and refinancing consultation
  • Professional development and tuition reimbursement
  • Employee referral bonus
  • Free onsite snacks

Job Description
This role involves managing the monthly close process for the investment portfolio and reconciling the general ledger to the custodial bank. Key responsibilities include preparing Statutory and GAAP reporting, performing detailed analysis and reconciliation of the investment portfolio, monitoring compliance and regulatory issues, and managing commercial banking relationships.

To excel in this position, you will need a Bachelor's degree in accounting or a related field, along with at least two to four years of progressive investment accounting experience. Proficiency in an investment accounting package and Bloomberg is also desired. Additionally, having a CPA or MBA certification can be advantageous. As a member of our Investments team, you will contribute to maintaining financial stability for the company and its policyholder owners, working collaboratively to achieve shared goals.

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