Manager Investment Accounting

Northbrook, IL - USA

Yearly Salary: USD 120000 - 150000

Posted on: 11 hours ago

Vacancies: 1 Vacancy

Job Summary

Who We Are

Everlake a leading life insurance company headquartered in Northbrook IL with offices in Chicago IL and Lincoln NE is conducting a search for a Manager-Investment Accounting to join our growing team. If you have a passion for business value working in a dynamic team environment and are ready to roll up your sleeves to help us achieve best in class results then this may be the role for you.At Everlake you will find the dynamics of a small entrepreneurial organization and the strength of a big corporation rolled into one. We think big and evolve quickly backed by a collaborative mindset and a solid financial foundation.

Position Summary

The Manager-Investment Accounting will be responsible for managing the accounting for the assets that support Everlakes new reinsurance transactions. This individual will provide accounting insight on investment decisions perform analysis of investment results and engage with cedents and the external investment manager to ensure accurate accounting. The Manager-Investment Accounting will need to develop a deep understanding of the reinsurance transactions including investment guidelines and trust requirements. This individual will work closely with Everlakes Investment and Corporate Development teams Everlakes external investment manager and third party cedents.

This role requires attention to detail and strong communication skills. The successful candidate must be intellectually curious detail oriented and able to operate effectively within a dynamic and evolving organization.

Key Responsibilities

Manage the accounting for the investments that support new reinsurance transactions by developing a detailed understanding of the reinsurance transactions investment strategy and investment structures

Work directly with Everlakes Investment team and 3^rd party cedents to ensure investment transactions are recorded completely and accurately

Identify issues and process improvements and work with Investments Everlakes external investment manager Clearwater investment software and cedents to implement solutions and resolve issues

Support the timely and accurate preparation and review of Statutory and GAAP financial statements and ensure compliance with relevant regulations guidance and reinsurance agreements

Qualifications

Bachelors degree in Accounting Finance or a related field. A masters degree or relevant professional certifications (e.g. CPA CMA) is a plus.

Minimum of 5 years of experience in investment or insurance accounting and financial reporting

An understanding of financial reporting standards (GAAP STAT) and regulatory compliance

Knowledge of investment and insurance principles and best practices and a strong grasp of reinsurance concepts

Strategic mindset with the ability to align accounting goals with broader business objectives

A strong understanding of and experience in the execution of financial reporting controls

Effective communication and presentation skills with the ability to convey technical information to non-technical stakeholders

Integrity and ethical leadership promoting a culture of accountability and professionalism within the team.

Proven track record in fostering a culture of continuous improvement and innovation within the team

Strong organizational and project management abilities with a focus on meeting deadlines and priorities

Proficiency in accounting software (e.g. SAP Oracle Workday) Clearwater and MS Excel

Familiarity with Artificial Intelligence (AI) tools and techniques for data analysis process automation and financial reporting enhancements

Benefits:

Medical dental and vision benefits

401-k plan

Incentive Program

Flexible paid time off plan

Hybrid work environment

Paid holidays

Tuition assistance

Required Experience:

Manager

Who We AreEverlake a leading life insurance company headquartered in Northbrook IL with offices in Chicago IL and Lincoln NE is conducting a search for a Manager-Investment Accounting to join our growing team. If you have a passion for business value working in a dynamic team environment and are rea...