Acadia Insurance (a Berkley Company) · 2 months ago
Investment Accounting Manager
CT, Greenwich
Full-time
Onsite
Senior Level
5+ years expAcadia Insurance, part of W. R. Berkley Corporation, is a leading commercial lines property and casualty insurer. They are seeking an Investment Accounting Manager responsible for recording and reconciling investment transactions, analyzing investment activities, and ensuring compliance with accounting standards.
Commercial InsuranceInsurance
Responsibilities
Record and reconcile investment transactions and positions from PAM to the general ledger
Provide analysis of investment activity and provide commentary and variance analysis for balance sheet and income statement movements
Investigate and propose corrective actions for investments where accounting results are not in alignment with expected economics
Effectively communicate with members of the trade settlement team to correct trade or interest settlement discrepancies which may arise
Prepare/review statutory investment schedules (including A, B, BA, D, DA, DB and E)
Prepare/review Supplemental Investment Risk Interrogatory
Prepare/review Summary Investment Schedule
Prepare/review investment-related GAAP and Statutory footnotes and management reports
Monitor and research aged open receivable/payable items
Review bank reconciliations
Lead and/or participate in process improvement projects as assigned
Ensure ongoing compliance with internal controls as well as the development and implementation of new controls as needed
Prepare and provide investment related support to external auditors as required
Other assignments as necessary
Qualification
Required
5 to 7 years of back-office investment accounting experience
Experience interpreting and applying U.S. GAAP and Statutory accounting rules related to Fixed Income, Equity and Partnership investments
Strong Excel skills working with data (Pivot Tables, Power Query, filters, sorts, lookups, modeling)
Bachelor's degree in accounting
Preferred
Experience with PeopleSoft general ledger a plus
Experience with PAM for Securities a plus
Company
Acadia Insurance (a Berkley Company)
Acadia Insurance specializes in commercial property casualty insurance. Our company began in 1992 insuring businesses in Maine.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Simone Grimes, CPA, MBA
Chief Financial Officer
Steve Rich, CPCU
Senior Vice President & Chief Claims Officer
Recent News
2024-03-06
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2022-06-28
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