Job Description

Job Description

Job Description

Senior Investment and Financial Reporting Accountant

Location: Orlando, FL (Remote options available for East Coast residents)

Salary: $125,000 - $150,000 per year

Join a high-performing insurance program management company with an A rating, partnering with managing general agents across over 70 programs. Our client manages over $2.1 billion in gross premium annually and operates in Europe, the UK, and the US.

Job Purpose: The Senior Investment and Financial Reporting Accountant will support the Finance Department with consolidation, reporting, investment, financial planning & analysis, and treasury activities across the group. This role is essential to maintaining accurate financial statements and contributing to investment strategy within the organization.

Key Responsibilities:

• Prepare consolidated group financial statements and accompanying notes under US GAAP.
• Develop and review US GAAP accounting memos and journal entries.
• Conduct reconciliation of underwriting accounts from the general ledger to source documents.
• Review investment reconciliation and ensure alignment between the general ledger and Clearwater reports.
• Provide analysis and communicate accounting results to management.
• Ensure compliance with documented accounting and reporting processes, policies, and controls.
• Manage relationships with internal and external auditors, fulfilling requests for GAAP and statutory reporting.
• Drive process improvements to increase efficiency in financial statement support and footnote detailing.
• Lead or support investment accounting projects.
• Establish and enforce internal controls to safeguard company assets, policies, and workflows.
• Stay updated on and ensure compliance with relevant accounting rules, regulatory standards, and internal controls.
• Support investment strategy development and provide recommendations in alignment with company guidelines.
• Assist in providing investment data for managers and potential managers to ensure compliance with regulatory and internal guidelines.
• Evaluate and rationalize investment managers, custodians, and associated fees.
• Prepare appraisals, schedules, reports, and other materials for internal or external use.
• Coordinate with multiple departments, including Underwriting, Finance, Capital, and Legal.
• Attend audit and risk committee meetings.
• Oversee local liquidity management and coordinate capital movement within the group.
• Oversee internal loan documentation and liaise with the group controller on banking covenants.
• Collaborate with banking partners on liquidity products and solutions.
• Assist periodically with financial planning and analysis (FP&A) functions.

Skills & Qualifications:

• Strong understanding of investment products and accounting treatment for various asset classes (fixed maturity, equity, cash equivalents, alternative investments).
• Advanced knowledge of US GAAP, especially in producing financial statements.
• Proficient in Microsoft Excel, including pivot tables and data analysis functions.
• Familiarity with capital, debt, and currency markets.
• Understanding of investment KPIs and ratios.

Education & Experience:

• CPA, ACCA, ACA, or equivalent certification required.
• Bachelor's degree in Accounting or Finance.
• Minimum of 2 years of experience in P&C insurance.
• 5+ years of experience in financial reporting under US GAAP; Big 4 background preferred.

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