Director, Investment Accounting

About the Opportunity

A well-established insurance organization is seeking a Director of Investment Accounting to lead its investment accounting function. This role will oversee a team responsible for the accounting and reporting of a large, complex investment portfolio while partnering closely with Investments, Finance, and Executive Leadership.

This is not a general investment accounting position. Candidates must have direct investment accounting experience within the insurance industry and prior people management experience.

Responsibilities

• Lead the investment accounting team and oversee day-to-day operations
• Manage the accounting and reporting for a diverse investment portfolio, including fixed income securities, equities, alternatives, and other invested assets
• Review and approve monthly, quarterly, and annual investment accounting activities
• Ensure compliance with GAAP and Statutory accounting requirements related to invested assets
• Oversee investment-related journal entries, reconciliations, and financial reporting disclosures
• Partner with Investment, Treasury, FP&A, and Executive Leadership teams on investment-related initiatives
• Support external audits, regulatory examinations, and internal controls processes
• Monitor new accounting guidance and assess the impact on investment reporting
• Drive process improvements, automation initiatives, and operational efficiencies
• Develop, mentor, and manage a team of accounting professionals

Required Qualifications

• Bachelor's degree in Accounting or Finance
• CPA strongly preferred
• 7+ years of direct investment accounting experience within an insurance company
• Prior people management experience leading and developing accounting teams
• Strong understanding of investment accounting, including fixed income securities, equities, and alternative investments
• Experience with both Statutory and GAAP reporting requirements
• Knowledge of insurance company investment structures and reporting processes
• Advanced Excel skills and experience working with accounting and investment systems
• Strong leadership, communication, and stakeholder management abilities