Investment Accountant

Flybridge Staffing is currently searching for an Investment Accountant for a NY City based client. This is a direct hire position that works off a hybrid schedule of 3 days in 2 days remote.

The Senior Investment Accountant is responsible for ensuring the timely and accurate reporting and analysis related to investment accounting. This role specifically addresses the investments held in the General Account of the Life Co and its subsidiaries.

Responsibilities:

• Responsible for various aspects of accounting, reporting and analytics of the fixed income and equity investment portfolios.
• Prepare monthly and quarterly accruals for various funds and investments.
• Familiar with Statutory Accounting Principles(SAP); such as performing accounting for IMR, AVR, Schedule D, and Footnotes.
• Review and correct vendor accounting data by performing validations and enhancing various pre-close tasks.
• Prepare Fair Value adjustments required for impaired securities.
• Account for Limited Partnerships, Private Placements, and other Alternative investments
• Prepare monthly accounting statements and ensure proper reinsurance settlements.
• Prepare, review, and validate Investments Schedules for Statutory Filings, including Investment Income Exhibits, Realized/Unrealized Gain/Loss Exhibits and prepare related footnote disclosures.
• Assist with monitoring and replacing securities in statutory deposits.
• Coordinate and review the posting of the investment accounting JEs feed into NetSuite.
• Validation of Clearwater’s financial reports into NetSuite
• Validation of vendors’ Tri-Party reports
• Assist in satisfying the requests of internal and external auditors.
• Assist Financial Reporting with completing rating agency surveys (i.e..; S&P, Fitch, AM Best)

Required Qualifications:

• BS/BA Degree in Accounting
• Strong knowledge of investment accounting with 5+ years in insurance investment accounting for the General Account
• Strong Excel skills
• Strong analytical and sound decision-making skills, ability to work independently
• CPA-Preferred
• Familiarity with VBA, SQL and Bloomberg functionality-Preferred

****NO SPONSORSHIP AVAILABLE**** US Citizen, GC, EAD only please. If your background aligns with the above details and you would like to learn more, please submit your resume to jobs@flybridgestaffing.com or on our website, www.flybridgestaffing.com and one of our recruiters will be in touch with you ASAP.

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