Investment Accounting Manager

# Investment Accounting ManagerInvestment Accounting ManagerSalary$100000 - $135000LocationChicago, IL, USAContractPermanentIndustryLife Insurance---ContactTyler CloutierTyler.Cloutier@oliverjames.com## **Investment Accounting Manager**Oliver James is pleased to partner with an AM Best A rated life and annuities carrier in their search for a technically minded investment accounting leader. This opportunity is open due to growth, and our client seeks sharp individuals with strong Statutory reporting skill sets and hands on accounting experience across investment complex portfolios. Ideal candidates will come from Big 4 insurance audit backgrounds or have previous experience in public accounting.### **The Role**As Investment Accounting Manager, you’ll lead and support a team responsible for accounting and reporting across the company’s diversified investment portfolio – including fixed income, structured securities, common/preferred equities, derivatives, limited partnerships, and other alternative assets. You’ll partner closely with Treasury, investment managers, and auditors to drive efficiency, enhance governance, and deliver high-quality financial insights.### **Duties and Responsibilities*** Serve as a subject matter expert on accounting and reporting for multi-billion dollar investment portfolio* Manage relationships with Treasury, third party investment managers and external auditors* Compile and/or review footnotes and schedules for U.S. GAAP and Statutory financial statements* Perform balance sheet and income statement attribution and variance analysis* Evaluate investment results and prepare and communicate analytics package to finance leaders* Research accounting and reporting guidance on new investments* Review investment portfolio and discuss with investment managers to determine if an allowance or impairment is needed* Identify, book and review manual journal entries needed for accurate financial results* Calculate and evaluate Interest Maintenance Reserve and Asset Valuation Reserve* Execute key internal financial controls to ensure accurate investment accounting results* Assist and develop junior staff on daily, monthly, and quarterly tasks* Provide reporting and supplemental information to reinsurance cedants* Support an environment of continuous improvement### ### **What You Bring*** Bachelor’s degree in Accounting, Finance, or a related field. A master’s degree or relevant professional certifications (e.g., CPA, CMA) is desired.* Previous public accounting/audit experience required.* Minimum 4+ years of experience in investment accounting and financial reporting for an insurance carrier.* Thorough understanding of financial reporting standards (GAAP, STAT) and regulatory compliance.* Effective communication and presentation skills, with the ability to convey technical information to non-technical stakeholders.* Excellent analytical and problem-solving skills.* Integrity and ethical leadership, promoting a culture of accountability and professionalism within the team.* Proven track record in fostering a culture of continuous improvement and innovation within the team.* Strong organizational and project management abilities, with a focus on meeting deadlines and priorities.* Proficiency in accounting software (e.g., Clearwater Analytics, Workday, Oracel) and MS Excel.**Whats on offer:*** Competitive compensation with performance-based incentives* Comprehensive medical, dental, and vision coverage* 401(k) with company match* Flexible paid time off and paid holidays* Tuition reimbursement for continued professional development* Hybrid work model promoting flexibility and balance #J-18808-Ljbffr