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Director, Investment Accounting

Everest
United Statesfull_timeVerifiedPosted 31 Jan 2025
💰 $170,000/yr($130,000/yr$170,000/yr)

About the role

Title:

Director, Investment Accounting

Company:

Everest Global Services, Inc.

Job Category:

Finance

Job Description:

About Everest:
Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

Job Summary:

To support this, we are currently looking for a Director of Investment Accounting in either our Warren, NJ or New York City office.

You will interact and support several aspects of accounting, financial analysis, and reporting for the group. This is a remote-hybrid position working 3 days in office, 2 remote.

Responsibilities include but are not limited to:

  • Accounting and reporting of investments on a GAAP and Statutory basis.

  • Support the management of the monthly and quarterly investment close process.

  • Preparation and or review of various U. S. statutory investment schedules.

  • Preparation and or review of various U.S. GAAP investment disclosures.

  • Support local reporting of foreign branches and subsidiaries.

  • Coordinate with financial reporting and investment management teams.

  • Support the preparation of standard and ad-hoc reports for senior leadership.

  • Establishing and maintaining internal controls.

  • Research accounting issues for new investment structures and coordinate any changes required in workflow and operations.

  • Assist with the review of fair value of investments and related impairment analysis.

  • Providing monthly, quarterly, and year-end analyses along with account reconciliations.

  • Assist with ad-hoc analyses and strategic projects determined by the needs of senior management.

Work Experience and Qualifications

  • 7+ years of experience in accounting; public accounting and public company reporting environment a plus.

  • Solid understanding of investment accounting and reporting under U.S. GAAP.

  • Experience with U.S. insurance statutory accounting and reporting a plus.

  • Leadership skills and ability to motivate and develop staff.

  • Strong analytical and problem-solving skills.

  • Highly skilled in math, accounting, and financial processes.

  • Excellent communication and interpersonal skills.

  • Detail oriented and highly organized.

  • Skilled in time management and the ability to prioritize tasks.

  • Highly proficient with Excel.

  • Excellent critical thinking skills.

  • Bachelor’s degree (or equivalent degree) in accounting.

  • Certified Public Accountant (or equivalent certification) preferred.

  • Knowledge of PAM and Bloomberg a plus.

  • Insurance/ reinsurance industry experience a plus.

For NYC Only: The base salary range for this position is $130,000 - $170,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location

Our Culture 

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. 

  

  • Our Values are the guiding p

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Company

Everest

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