Senior Accountant - Investment Accounting

Sr Accountant - FA08BE

We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.   

         

WHAT ARE THE RESPONSIBILITIES OF THIS POSITION?

The position will be responsible for analysis of The Hartford’s investment results. Primary responsibilities include: review NAIC designations, and NAIC filings, assess impacts of new statutory guidance on the Hartford’s investment portfolio, monthly reconciliations and analytics of invested assets on both a GAAP and a statutory basis, internal management reporting and preparation of statutory footnotes and investment schedules.

This role will have a Hybrid work arrangement, with the expectation of working in the Hartford, CT office 3 days a week (Tuesday through Thursday).

 Specific tasks include:

• Monitoring NAIC designations to make sure STAT reports are in compliance with NAIC
• Gather required documents for NAIC filings and submit the filing on time
• Actively participate in NAIC and interested party discussions around exposure drafts
• Understand GAAP and statutory guidance to provide assistance on the implementation of new accounting standards and investment strategies
• Assist in monthly close of investment results for The Hartford including reconciliations between the investment accounting platform, the investment sub-ledger and the general ledger.
• Prepare analytics for senior management explaining primary drivers of movements
• Preparation and analysis of investment sections of statutory statements, disclosures, and supplements.
• Support Sarbanes documentation and continuously monitor internal controls
• Drive automation improvements and projects, including standardized variance analysis, utilizing the TM1 application and other platforms
• Ownership over the creation of various internal monthly and quarterly management reporting tools and metrics

WHAT ARE THE QUALIFICATIONS FOR THIS POSITION?

• Strong STAT accounting knowledge, experience in NAIC investment filings a plus
• Familiar with STAT exposures such as principals-based bond definition and PLGI ratings
• Experience with SVO and AVS+ systems a plus
• Knowledge in price points for structure securities, understand capital structure, collateral types
• Bachelor's degree in accounting/finance or related field required, CPA a plus
• 2 -5 years of accounting, reporting or finance experience
• Strong analytical, communication, and documentation skills
• Proficiency with MS Word, MS Excel, MS PowerPoint required; TM1 and Wdesk is a plus
• Ability to react and successfully balance multiple competing priorities in a dynamic, fast paced work environment under strict time constraints
• Proven track record of taking initiative to research and resolve issues
• Able to work both independently and as part of a team

About the Firm:

Hartford Investment Management Company (HIMCO) is the asset management arm of The Hartford Financial Services Group, Inc. (The Hartford). HIMCO is an insurance asset manager with over $100 billion in assets under management across the global fixed income, equity and alternatives markets.  The firm manages assets on behalf of The Hartford, as well as insurance, sub-advisory and other institutional clients.

 

The Hartford is a Fortune 200 company, with approximately 18,500 employees worldwide.  The company is a leading provider of property and casualty insurance, group benefits, mutual funds and other investment products.  At The Hartford, we are committed to practicing our business in a sustainable way.  We work to address environmental, social and economic needs and to do the right thing for our stakeholders.

 

As a condition of your employment for HIMCO, you will be required to affirm to HIMCO’s Code of Ethics and understand that you will be required to comply with the disclosure of accounts, holdings and pre-clearance of trades for the accounts of you and your household family members as more fully described in the Code of Ethics Key Points.  If you will be deemed to be a “Covered Associate” under HIMCO’s Pay to Play Policy, you will also need to disclose all political contributions that you have given within the past 2 calendar years.

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role.