Nassau Financial Group
Director or AVP, Investment Accounting (Insurance)
Nassau Financial Group, Hartford, Connecticut, us, 06112
This role can be filled at the Director or AVP level.
Job Summary Support investment accounting and reporting on a GAAP and statutory basis for Nassau’s insurance company portfolios. Responsibilities include supervision of staff, troubleshooting of reconciliation and technical accounting issues, and analysis of diversified asset classes, and the related investment income for financial reporting purposes.
Principal Duties and Responsibilities
Manage the accounting and reporting of investment holdings, and develop and maintain reporting used in monthly, quarterly and annual filings.
Oversee direct reports, including review of their work product.
Act as liaison with third-party investment servicer Clearwater Analytics, as well as with internal teams in NAMCO, Actuarial, Tax and other areas, ensuring timely and accurate monthly transaction processing and reporting.
Manage GAAP and Statutory analysis related to debt and equity securities, private equity/private placements, and other financial instruments, including analysis of fair and book values, unrealized gains/losses, other comprehensive income and impairments.
Responsible for ensuring all accounting and Statutory records are in accordance with GAAP, and Regulatory requirements.
Participate in quarterly management analysis to aid in decision-making and proper documentation.
Manage and oversee daily cash activity to ensure timely and accurately input into general ledger, sub-ledger, and spreadsheets.
Reviews monthly reconciliation between multiple custodians, asset managers and accounting subledgers.
Analyzes data, runs queries, and review journal entries within the general ledger and other investment systems.
Identify opportunities and make recommendations to gain efficiencies and integrate processes, including through automation, where applicable.
Maintain appropriate internal controls over investment accounting and related financial reporting.
Provide support to internal and external auditors and respond to their requests in a timely manner.
Perform other duties as assigned.
Knowledge, Skills and Abilities
Bachelor’s in Accounting or related field; CPA a plus.
5-7 years accounting experience (Big‑4 firm experience a plus).
In‑depth understanding of GAAP accounting and reporting requirements (Investment specific experience and/or Statutory accounting a plus).
Demonstrated technical accounting expertise.
Ability to lead direct and indirect staff, identify critical path items and drive the team to meet deliverables with tight deadlines and dependencies.
Strong oral and written communication skills.
Experience with general ledger, financial reporting and analytical tools, including excel. (PeopleSoft general ledger, Clearwater Analytics investment accounting system, and OneStream platform knowledge a plus).
Strong project management skills and high standard for quality and attention to detail.
Ability to manage multiple high visibility, time sensitive projects at once.
Compensation Nassau maintains a holistic compensation philosophy focused on competitive base salaries, performance driven incentives, and unique professional development opportunities. The combination of compensation, benefits, and an entrepreneurial culture along with related experiences is key to recruiting and retaining talent. Our compensation system is designed to reward performance, support development and job growth, and compensate individuals relative to their contribution to our organization. The compensation for this position falls within Nassau’s salary band E: $100,000-$160,000.
Apply online at http://www.nfg.com/.
Based in Hartford, Connecticut, Nassau Financial Group is a growth focused and digitally enabled financial services company with a fully integrated platform across insurance and asset management. Nassau was founded in 2015 and has grown to $1.6 billion in total adjusted capital, $25.5 billion in assets under management, and 363,000 policies and contracts as of June 30, 2025.
As part of a young and growing financial services enterprise, our employees are tapping into a new entrepreneurial spirit while they build on a long track record of putting customers first, understanding the evolving income and protection needs, and developing quality products to meet those needs.
Nassau provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
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Job Summary Support investment accounting and reporting on a GAAP and statutory basis for Nassau’s insurance company portfolios. Responsibilities include supervision of staff, troubleshooting of reconciliation and technical accounting issues, and analysis of diversified asset classes, and the related investment income for financial reporting purposes.
Principal Duties and Responsibilities
Manage the accounting and reporting of investment holdings, and develop and maintain reporting used in monthly, quarterly and annual filings.
Oversee direct reports, including review of their work product.
Act as liaison with third-party investment servicer Clearwater Analytics, as well as with internal teams in NAMCO, Actuarial, Tax and other areas, ensuring timely and accurate monthly transaction processing and reporting.
Manage GAAP and Statutory analysis related to debt and equity securities, private equity/private placements, and other financial instruments, including analysis of fair and book values, unrealized gains/losses, other comprehensive income and impairments.
Responsible for ensuring all accounting and Statutory records are in accordance with GAAP, and Regulatory requirements.
Participate in quarterly management analysis to aid in decision-making and proper documentation.
Manage and oversee daily cash activity to ensure timely and accurately input into general ledger, sub-ledger, and spreadsheets.
Reviews monthly reconciliation between multiple custodians, asset managers and accounting subledgers.
Analyzes data, runs queries, and review journal entries within the general ledger and other investment systems.
Identify opportunities and make recommendations to gain efficiencies and integrate processes, including through automation, where applicable.
Maintain appropriate internal controls over investment accounting and related financial reporting.
Provide support to internal and external auditors and respond to their requests in a timely manner.
Perform other duties as assigned.
Knowledge, Skills and Abilities
Bachelor’s in Accounting or related field; CPA a plus.
5-7 years accounting experience (Big‑4 firm experience a plus).
In‑depth understanding of GAAP accounting and reporting requirements (Investment specific experience and/or Statutory accounting a plus).
Demonstrated technical accounting expertise.
Ability to lead direct and indirect staff, identify critical path items and drive the team to meet deliverables with tight deadlines and dependencies.
Strong oral and written communication skills.
Experience with general ledger, financial reporting and analytical tools, including excel. (PeopleSoft general ledger, Clearwater Analytics investment accounting system, and OneStream platform knowledge a plus).
Strong project management skills and high standard for quality and attention to detail.
Ability to manage multiple high visibility, time sensitive projects at once.
Compensation Nassau maintains a holistic compensation philosophy focused on competitive base salaries, performance driven incentives, and unique professional development opportunities. The combination of compensation, benefits, and an entrepreneurial culture along with related experiences is key to recruiting and retaining talent. Our compensation system is designed to reward performance, support development and job growth, and compensate individuals relative to their contribution to our organization. The compensation for this position falls within Nassau’s salary band E: $100,000-$160,000.
Apply online at http://www.nfg.com/.
Based in Hartford, Connecticut, Nassau Financial Group is a growth focused and digitally enabled financial services company with a fully integrated platform across insurance and asset management. Nassau was founded in 2015 and has grown to $1.6 billion in total adjusted capital, $25.5 billion in assets under management, and 363,000 policies and contracts as of June 30, 2025.
As part of a young and growing financial services enterprise, our employees are tapping into a new entrepreneurial spirit while they build on a long track record of putting customers first, understanding the evolving income and protection needs, and developing quality products to meet those needs.
Nassau provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
#J-18808-Ljbffr