Principal Investment Accountant

Looking to join a growing company dedicated to helping others? We offer that, plus competitve salaries, a culture of learning, and a fast-paced environment. This is a hybrid position with 3 days in-office. Join our team to help make a difference in the lives of others!
Remote work eligibility is based on proximity to the office location (11001 Lakeline Blvd., STE 120, Austin, TX 78717).

Applicants must be authorized to work for ANY employer in the U.S. We do not sponsor employment visas or other immigration processes to attain or maintain employment eligibility. Hybrid positions are open to applicants based in the Austin, Texas area.

About Continental General:

The Continental General family of companies has provided insurance, including life and long-term care policies, to individuals and groups for over 30 years, and currently supports over 200,000 policyholders. Both our insurance company, Continental General Insurance Company, and our third-party administrator, Continental General Services, are committed to the continuous development of our infrastructure, processes, and people. The group is actively growing through expansion of both its insurance portfolio and its administrative services.

With each opportunity, we take a collaborative approach to address challenges and unique solutions.

Continental General Insurance Company is seeking a highly experienced Principal Investment Accountant to serve as a technical leader within the Investment Accounting function. This role will provide strategic oversight of investment accounting and reporting for a complex insurance investment portfolio, including fixed income securities, structured products, equities, mortgage loans, derivatives, private equity, hedge funds, and other alternative investments.

As the organization's subject matter expert for insurance investment accounting, the Principal Investment Accountant will lead the interpretation and application of Statutory Accounting Principles (SAP), NAIC guidance, and insurance regulatory requirements while ensuring accurate financial reporting, strong internal controls, and operational scalability. This position will partner closely with executive leadership, Investment Operations, Treasury, Actuarial, Financial Reporting, Risk Management, and external stakeholders to support investment strategy, regulatory compliance, and enterprise growth.

• Provide guidance or assistance on complex transactions, new investment structures, and emerging regulatory requirements.
• Lead accounting, analysis, and reporting for a diversified investment portfolio, ensuring accuracy across SAP, GAAP, and management reporting frameworks as applicable.
• Assist in preparation or review of investment-related statutory reporting, including NAIC investment schedules, AVR/IMR reporting, RBC, investment footnotes, interrogatories, and related disclosures.
• Interpret and implement new NAIC statutory guidance, SSAP updates, and state regulatory requirements, proactively assessing organizational impacts and recommending appropriate accounting treatment.
• Partner with investment management, treasury, and executive leadership to evaluate accounting implications of investment strategies, portfolio transactions, and capital management initiatives.
• Perform month-end, quarter-end, and year-end close activities related to investments, including investment income recognition, fair value measurements, impairments, OTTI analyses, unrealized gains and losses, and complex reconciliations.
• Prepare investment analysis and materials for monthly and quarterly management meetings.
• Design, enhance, and monitor internal controls supporting investment accounting, financial reporting, and regulatory compliance.
• Drive…