The Senior Investment Accountant role completes STAT reporting for investments, assists in preparation of Bluebook schedules, and prepares IMR (Interest Maintenance Reserve) and AVR (Asset Valuation Reserve) calculations. This role will also help support the NAIC Ratings process, completion of surveys and regulatory reporting.
Organization
This position reports to the Manager, Investment Accounting and works closely with an external third-party investment accounting administrator and external investment managers.
Duties and Responsibilities
Completion of STAT reporting for investments, including NAIC annual and quarterly statements and related analysis, ensuring completeness, accuracy and the timely delivery of completed results. Provides analysis of results for variance in trends and against expected results.
Assist in preparation of Bluebook schedules, which may include Schedule D, DB, B, or BA
Preparation of IMR (Interest Maintenance Reserve) and AVR (Asset Valuation Reserve) calculations
Provide support for the NAIC Ratings and SVO process
Completion of surveys and regulatory reporting
Assist with STAT footnotes and audited financial statements
Ensure compliance with internal control procedures and maintenance of evidence of controls. Assists in the review and maintenance of control documentation and ensures all controls are completed timely.
Completes and or assists in the coordination of external auditor, internal audit requests, and state insurance department examinations.
Actively seeks and proposes methods for continuing process improvements in the reporting, analysis and system functions.
Assists on special projects and other duties as assigned.
Experience and Education Requirements
Bachelor's degree in Accounting or Finance
Minimum 3 years of experience in Investment Accounting required.
Experience developing process optimization within the boundaries of corporate infrastructure and regulatory environment
Experience with accounting and reporting for insurance company general account investments and derivatives, valuation of investments or SOX 404 requirements is beneficial.
Preferred Experience
CPA
Insurance industry (Life, annuity, reinsurance)
Skills and Abilities
Highly motivated, self-starter & team player with a high energy level; willingness to aggressively take on responsibility and hold self and others accountable
Strong computer knowledge including working knowledge of financial based accounting packages (Clearwater and Oracle experience preferred).
Highly proficient in Microsoft Excel, including usage of complex formulas and general ledger-based add-ins
Able to work & effectively communicate with all levels of management, including executive management.
Strong verbal and writing skills
Unconditional integrity and commitment to achieving goals.
Ability to establish goals, structures, and processes necessary to implement a mission and strategic vision.
Support effective partnerships with key groups and individuals and have good consultation and change management skills.
Detail oriented problem solver
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Additional Information
Work Environments
F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements. During the hiring process, you'll work with your leader to decide what works best for your role.
F&G complies with federal and state disability laws and makes reasonable accommodations for applicants and candidates with disabilities, unless such accommodation would cause an undue hardship for F&G. If reasonable accommodation is needed to participate in the job application or interview process, please contact talentacquisition@fglife.com.
Join our employee-centric hybrid work environment: F&G Careers
About F&G
Since 1959, Fidelity & Guaranty Life Insurance Company (F&G) has offered annuity and life insurance products to those who are seeking security in retirement and protection during life's unexpected events.
As a national Top Workplace1, an Iowa Top Workplace2 and a proud equal opportunity employer, F&G team members are empowered, collaborative, dynamic and authentic. We believe that by embracing these values, we will continue to build and strengthen the company while continuing to be a great place to work.
1Top Workplaces USA 2022 - 2023
2Des Moines Register Top Workplaces 2018 - 2022
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