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Assistant Vice President, Investment Accounting
Fortitude Re. Manage the day-to-day investment accounting team and Fortitude Re’s investment accounting platform .
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in investment accounting principles, including GAAP and STAT reporting, while effectively managing a high-performing team. Proficient in investment analysis, reporting, and compliance with Sarbanes-Oxley and NAIC guidelines.
Highest-signal resume keywords
Investment Accounting ExperienceGAAP And STAT ReportingSarbanes-Oxley ComplianceTeam Management And DevelopmentInvestment Reporting
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Investment AccountingFinancial AnalysisProject ManagementInvestment ValuationGeneral Ledger ManagementAudit SupportData AnalysisFinancial ReportingRegulatory ComplianceInvestment Yields Analysis
Soft Skills
Analytical SkillsCommunication SkillsMentoringCollaborationProblem-Solving
Tools & Technologies
Microsoft OfficeMicrosoft ExcelClearwater Investment Accounting Platform
Certifications & Qualifications
CPABachelor’s Degree In AccountingGraduate Degree In Finance
Industry Keywords
InsuranceReinsurancePublic CompanyFASB GuidelinesNAIC Model Audit RuleLife InsuranceAnnuitiesProperty Casualty
About the role
Key responsibilities & impact- Manage the day-to-day investment accounting team and Fortitude Re’s investment accounting platform
- Lead month-end and quarter-end close for investment accounting and reporting
- Analyze investment results under GAAP, U.S. STAT, Bermuda STAT, and management reporting bases
- Manage analysis of net investment income, realized gains and losses, investment yields, and investment balances by asset class
- Support Capital teams with investment results and reporting
- Support the investment accounting internal control environment under Sarbanes-Oxley and the NAIC Model Audit Rule
- Manage and review general ledger activity, reconciliations, audit support, and ad hoc projects
- Onboard and integrate new investment portfolios and build associated reporting, processes, and controls
- Manage quarterly and annual footnotes, MD&A, statutory investment exhibits, debt reporting covenants, and committee reports
- Prepare earnings reports, audited financial statements, footnotes, and rating agency reporting
- Perform investment valuation and reconciliation controls
- Create automated investment reporting and automate manual processes and controls
- Facilitate external audits, testing, and audit work papers
- Review and compile investment data and post GAAP and STAT general ledger entries
- Assess emerging FASB and NAIC investment accounting guidelines
- Develop analytic tools to monitor results and trends
- Partner with investment teams and managers on reporting for transactions and accounting policy changes
- Build and lead a high-performing investment accounting team, mentoring and developing team members
Requirements
What you’ll need- Bachelor’s or Graduate degree in Accounting or Finance with CPA or equivalent accounting certification required
- Minimum 7+ years accounting experience
- 3 or more years of investment accounting experience with an insurance/reinsurance company and Big 4 background
- Investment reporting experience
- Public company SOX controls experience
- Experience managing and developing a team of investment accounting professionals
- Strong analytical and project management skills
- Ability to apply U.S. GAAP and STAT investment accounting principles and reporting
- Experience with Life, Annuities and Property Casualty lines of business highly desired
- Ability to manage simultaneous projects with tight deadlines
- Clear and concise written and verbal communication
- Ability to review forecasts and trends and identify issues and opportunities
- Proficient in Microsoft Office, especially Microsoft Excel
- Ability to maintain working relationships with internal and external asset managers, accounting, compliance, actuarial, management, and systems personnel
- Experience with Clearwater investment accounting platform highly desired
Benefits
Comp & perks- Annual bonus based on company and individual performance
- Generous benefits package
- Equal opportunity and inclusive workplace culture