Lead Accountant - Investment Reporting

UFG is currently hiring a Lead Accountant - Investment Reporting who will be responsible for leading critical investment accounting and reporting activities and supporting the completeness, accuracy, and timeliness of the Company’s investment financial information, related financial statement disclosures, security pricing, and reporting deliverables. This role performs and reviews complex accounting and reporting procedures to ensure the integrity of investment balances, transactions, valuations, income, and related disclosures while maintaining compliance with generally accepted accounting principles, statutory accounting principles, and applicable reporting requirements.

Working closely with the GAAP Financial Reporting Manager, Finance teams, and the Company’s Investment, Tax, Actuarial, Legal, and Technology teams, this position supports the accounting and reporting of the Company’s investment portfolio, including investment-related financial statement disclosures, supporting schedules, security pricing, reconciliations, analyses, and regulatory reporting requirements. The Lead Accountant serves as a subject matter expert for investment accounting and reporting, provides functional direction and reviews investment-related work performed by other team members, supports internal and external audits, and leads process improvement and automation initiatives within the investment accounting and reporting function.

This position requires strong investment accounting and reporting, analytical, functional leadership, project leadership, and communication skills, with the ability to work independently, coordinate the work of others, and collaborate effectively across departments and with external partners in a complex, fast-paced insurance environment.

• Lead the preparation and review of investment-related components of monthly, quarterly and annual consolidated GAAP financial statements, statutory financial statements, regulatory filings, and related financial statement disclosures, ensuring compliance with generally accepted accounting principles, statutory accounting principles, and applicable reporting requirements.
• Prepare and review investment supporting schedules, financial disclosures, security pricing and valuation information, reconciliations, analyses, and related documentation for accuracy, completeness, and compliance.
• Coordinate assigned investment accounting and reporting work streams and support the timely completion of key close, financial reporting, and regulatory reporting requirements and deadlines.
• Oversee the accounting for investment purchases, sales, income, amortization, realized and unrealized gains and losses, impairments, and other investment-related activity.
• Review security pricing and valuation information, investigate pricing exceptions or unusual valuation changes, and coordinate the resolution of identified discrepancies with appropriate internal and external parties.
• Analyze investment balances, income, performance-related accounting results, valuations, and financial trends, identify significant or unusual items, and communicate findings to the GAAP Financial Reporting Manager and other stakeholders.
• Review investment-related journal entries, account reconciliations, roll forwards, and data received from investment systems, custodians, investment managers, pricing sources, and other external service providers.
• Partner with Financial Accounting, Regulatory Reporting, GAAP Reporting, Tax, Actuarial, FP&A, Investor Relations & Corporate Development and third party investment partners to ensure the accuracy, consistency, completeness, and integrity of data used in investment accounting, financial reporting, and regulatory reporting.
• Support the implementation of new accounting standards, accounting policies, and reporting requirements affecting investments in partnership with financial reporting leadership and the technical accounting function.
• Assist with gathering information and preparing investment accounting and reporting documentation for complex or nonroutine transactions, escalating matters requiring technical accounting interpretation or significant judgment to the GAAP Financial Reporting Manager.
• Serve as the subject matter expert for assigned investment accounting, reporting, pricing, valuation, and related financial reporting processes and provide guidance to other members of the team.

• Prepare and maintain SOX-compliant…