Senior Accountant, Investment Accounting
Senior Accountant, Investment Accounting
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
EMPLOYER: A-CAP Services LLC
DEPARTMENT: Finance
REPORTS TO: Head of Investment accounting
LOCATION: Onsite in Miami FL(Hybrid)
ABOUT THE COMPANY
A-CAP is a rapidly growing organization that owns and operates multiple insurance companies and ancillary insurance businesses and has over $10 billion of total invested assets. This opening is with the holding company which primarily performs asset management actuarial accounting and other oversight functions on behalf of A-CAPs insurers and third-party clients. This group also provides strategic and operational support to A-CAPs portfolio companies/subsidiaries proactively formulates new investment strategies oversees external financing and acquisition activities and provides modeling support for insurer liabilities and capital. On the insurance product side A-CAPs primary lines of business are traditional fixed and equity-indexed annuities with additional business in whole life insurance Medicare supplement and hospital indemnity products. A-CAP insurers originate over $2 billion of new premium annually.
ABOUT THE ROLE
We are seeking an experienced and highly analytical Senior Investment Accountant to join our growing team. This role will be responsible for overseeing the accounting and reporting of investment activities across A-CAPs five insurance entities with a focus on complex investment structures and regulatory requirements. The ideal candidate will bring deep expertise in investment accounting a strong understanding of both statutory and GAAP principles and a proactive solution-oriented approach to process improvement and collaboration across teams.
WHAT YOU WILL DO:
- Prepare and review investment schedules for monthly quarterly and annual financial statements including investment footnotes audit schedules and off-quarter filings
- Oversee monthly journal entries and reconciliations of balance sheet and income statement investment-related accounts
- Serve as a key contributor to quarterly GAAP financial statements and annual statutory statements (blue books)
- Support investment components of NAIC Risk-Based Capital (RBC) reporting and ensure compliance with evolving regulatory guidance
- Support the completion of AM Best Supplemental Rating Questionnaire as it relates to investments
- Collaborate with the Middle Office and Investment team to ensure timely and accurate trade recording and resolve discrepancies
- Coordinate with external auditors during interim and year-end audits providing key schedules and analysis
- Review and validate monthly collateral reports for reinsurance counterparties and other investment-related reporting
- Identify and implement process improvements efficiencies and automation opportunities within the investment accounting function
- Perform other related duties and special projects as assigned
- Bachelors degree in Accounting Finance or related field
- 7 years of relevant investment accounting experience in life insurance or financial services
- Advanced proficiency in Microsoft Excel; experience with investment accounting systems is a plus
- In-depth knowledge of GAAP and statutory accounting principles related to investments
- Strong problem-solving and analytical skills; ability to interpret complex financial instruments
- Exceptional organizational skills with the ability to manage multiple priorities and deadlines
- Excellent interpersonal and communication skills with the ability to collaborate effectively across departments
- A proactive mindset with a commitment to accuracy continuous improvement and professional development
BENEFITS:
A-CAP works hard to create a positive and supportive environment. Thats why we offer great benefits to safeguard the health and well-being of our employees. Our comprehensive benefits package includes:
- Competitive salary/base pay
- Employer-sponsored medical dental and vision insurance
- Paid Life & AD&D Insurance (for employees and families)
- Paid Disability Insurance (STD LTD)
- Paid Parental Leave
- Paid Vacation and Sick Leave
- Paid Holidays (13 scheduled in 2025)
- Voluntary Supplemental Insurance policies
- Safe Harbor 401(k) plan with employer match
- And other benefits and perks!
POSITION TYPE AND EXPECTED HOURS OF WORK
This is a full-time position. Days and hours of work are Monday through Friday 9:00 a.m. to 6:00 p.m. 40 hours weekly or as otherwise arranged with the manager of the department.
US work authorization is required.
Who We Are: Statement
A-CAP is an Equal Opportunity Employer and does not discriminate in recruiting hiring promotion or any other personnel action based on the basis of race ethnicity national origin color sex gender gender identity or expression sexual orientation religion age disability veteran status or any other basis covered by appropriate law. We comply with the laws and regulations set forth in the Know Your Rights poster. All employment is decided on the basis of qualifications merit and business need. To request an accommodation contact and we will make every effort to respond to your request within 48 business hours to work towards a positive solution.
Disclaimer:
The above is intended to describe the general content of and requirements for the performance of this job. It should not be construed as an exhaustive statement of duties responsibilities or physical requirements. Nothing in this job description restricts managements right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Required Experience:
Senior IC
Employment Type
Full-Time
