Sr. Accountant - Investments

Overview

The Accounting Senior role supports the investment team by ensuring the completeness and accuracy of data in the Clearwater investment accounting tool and by recording investment transactions in the general ledger on a GAAP and statutory basis for six standalone insurance companies, including GAAP and statutory reporting on daily, weekly, monthly, and quarterly cycles.

• Monitor daily investment activity within the investment accounting tool, Clearwater.
• Review monthly investment reconciliations, including custodian, Clearwater, and Workday reconciliations.
• Review monthly investment journal entries on a GAAP and statutory basis for six insurance companies.
• Review monthly pricing and fair value levelling review for all securities.
• Review monthly investment expense accruals.
• Review daily summary of investment activity.
• Review weekly investment report.
• Review monthly investment report.
• Prepare various adhoc analyses of the investment portfolio for management as requested.
• Assist in monitoring actual investment expenses to planned expenses.
• Assist in the accounting and reporting of other invested assets.
• Review the quarterly preparation of the investment material for the Finance Committee, Risk Committee and Board of Directors.
• Prepare quarterly and annual GAAP reporting of investments within the consolidated financial statements, investor supplement, and any future reports utilized by management.
• Prepare quarterly and annual STAT reporting of investments within the yellow books, statutory financial statements, and various statutory exhibits.
• Prepare various compliance reporting of investment holdings for state insurance departments.
• Prepare investment data for AM Best reporting.
• Assist in the coordination among various banks and state insurance departments for investment transactions and account maintenance.
• Support internal and external audit requests related to the investments area.
• Maintain procedural documentation for assigned responsibilities.
• Assist in managing relationships (including invoicing and contracts) with various vendors.

• Must have good working knowledge of US GAAP accounting.
• Advanced Excel/spreadsheet skills including pivot tables and complex formulas.
• Excellent analytical and organizational skills.
• Ability to work independently and manage time effectively.
• Strong verbal and written communication skills.
• High level of efficiency, accuracy, and responsibility.
• Motivation and strong desire to take on new challenges and learn as much as possible.

• Bachelor’s degree in Accounting, Finance, or related field.
• 3+ years of accounting or auditing experience.
• Preferred experience with the insurance industry.
• Certified Public Accountant (CPA) designation is a plus.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over work authorization sponsorship now or in the future for this position.

At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan;
Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program.