Sammons Financial Group Companies · 10 hours ago
Sr Investment Accounting Analyst
West Des Moines, IA
Full-time
Onsite
Senior Level
$68K/yr - $128K/yr
5+ years expSammons Financial Group Companies is seeking a Senior Investment Accounting Analyst to manage the preparation of investment statements and reports. The role involves maintaining the investment accounting system and serving as a subject matter expert while collaborating across the organization to improve reporting processes.
FinanceFinancial ServicesRetirement
No H1B
Responsibilities
Serve as subject matter expert (SME) and ‘go to’ individual for the department by handling complex work items and questions presented to the team
Research and understand new accounting and financial reporting requirements including in-depth knowledge of how to apply the existing statutory National Association of Insurance Commissioners (NAIC or STAT) guidelines and most aspects of Generally Accepted Accounting Principles (GAAP) insurance investment accounting to our investment processes and systems
Prepare and review annual and quarterly regulatory (i.e. GAAP and STAT) filings for compliance, data quality and overall trend analysis for all investments, including but not limited to long-term bonds, derivatives, equity securities, limited partnerships (and other equity method investments), mortgage loans and short-term investments
Serve as the first point of contact for investment accounting in responding to follow-up questions from internal and external stakeholders
Review the daily and monthly asset reconciliation of custodian to investment system, cash flow projections and investment database; address any issues or concerns immediately
Collaborate with leaders across the business to develop reporting requirements or identify opportunities for improvements in existing reporting packages
Lead initiatives from ideation to implementation and follow-up with stakeholders to confirm objectives were met
Positively collaborate with team members to create and maintain process flow documentation
Analyze current state processes and examine for opportunities to build efficiencies and automation
Review and edit standard operating procedures as needed
Prepare and review compliance/regulatory and distribute external reports
Execute and lead key controls for the purposes of both the Model Audit Rule (MAR) and the external audit of our year-end GAAP financials and other all product filings with the SEC, with a focus on controls over the investment accounting system
Design and identify all appropriate checks and balances within those key controls, along with ensuring compliance with regulatory requirements
Prepare and review internal reports for management, actuary, finance and investment advisors
Prepare and review monthly investment accounting trial balance reconciliations
Continuously scrub and enhance data within the investment systems. (i.e. holdings, transactions, security master file, etc.)
Act as an investment system consultant for users of the system, answering day-to-day questions with security master set-ups, system functions, etc., performing secondary system administrator functions
Assist in transferring files in and out of the investment system for a variety of processes including but not limited to: pricing, PSA speeds for mortgage backed securities, NAIC uploads, feeds to Bondedge and Bloomberg, etc
Contribute to the development and maintenance of investment accounting policies and procedures documentation (i.e. MAR documentation)
Communicate effectively with areas outside of Corporate Accounting to proactively identify and implement projects that impact Investment Analysis and Reporting
Identify and achieve common objectives across the team and department
Empower team and share important or relevant information; value and use individual differences and talents
Listen and participate in team decisions and actions
Develop and maintain effective working relationships with key stakeholders across the organization including several geographic locations
The workload may occasionally demand additional work outside of the company's standard 40-hour work week
Develop well documented procedures and cross training others
Commitment to embrace Sammons Financial Group Companies shared values (Accountability, Connection, Openness, Respect and Integrity)
As stated within the Company Attendance and Punctuality policy, regular attendance is required and expected in order to meet the business service levels and workflow demands
Participate in other initiatives and/or projects as necessary
Qualification
Required
Bachelor's Degree in Accounting, Finance or Business Management with a strong accounting background
Minimum 5 years' accounting, insurance, financial reporting, auditing or related experience
Strong familiarity with the investment guidelines as it relates to the various annual and quarterly statements also with the unique aspects of GAAP and statutory insurance accounting as it relates to investment accounting
Strong knowledge of the investment system data elements, processes, report schedules and report writers
Extensive knowledge of complex investment instruments with the proven ability to build and maintain a strong working relationship with staff and managers within Corporate Accounting and Investments
Advanced knowledge in the use of financial databases and spreadsheets
Excellent attention to detail
Effective oral and written communication skills with an engaging, approachable style. Active listener
Exceptional problem solving skills who encourages others to think critically, demonstrated ability to informally coach others
Highly organized, self-directed, high level of accuracy and ability to meet strict deadlines
Exemplifies organizational values in day to day actions
Criminal background check required
This role will be subject to a SEC compliance program, which can include monitoring personal securities transactions, restrictions on outside business activities, as well as other oversight and restrictions
Preferred
Previous investment accounting systems experience
CPA and/or working towards CFA
Some travel, mostly between office locations, may be required
Benefits
Health, Dental, Vision, Company Paid Retirement, PTO and Holiday Pay.
Our Employee Stock Ownership Plan (ESOP) is a 100% company-funded retirement plan, so you can save for retirement without contributing a penny of your own paycheck.
Healthy balance between work and personal lives. Friday afternoons off all year long, competitive PTO, and generous number of paid holidays.
Our incentive program for defined goals subject to eligibility and performance. Monetary rewards are based on individual and/or overall company performance.
Company
Sammons Financial Group Companies
Sammons® Financial Group Companies (collectively, Sammons Financial Group) provide today’s most sought after life insurance, annuity, and retirement products.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Esfand Dinshaw
Chairman and Chief Executive Officer
Recent News
2026-01-24
2026-01-22
Morningstar.com
2025-12-08
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