Director, Investment Accounting

Title:

Director, Investment Accounting

Company:

Everest Global Services, Inc.

Job Category:

Finance

Job Description:

Job Description:

It’s an exciting time for Everest Re Group, Ltd. (“Everest”)! As we continue on our journey, we see significant opportunity ahead of us to expand our reach, build diversity, and enhance our capabilities in critical markets.

Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Bermuda, Canada, Europe, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people. 

At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including:

•          Generous tuition/continuing education reimbursement

•          Mentoring opportunities

•          Flexible work arrangements

•          Talent development initiatives

•          Networking groups

Everest is a growth company with $14 Billion of Gross Written Premium offering Property, Casualty and specialty products among others, through its various operating subsidiaries located in key markets around the world. Everest has been a global leader in reinsurance with a broad footprint, deep client relationships, underwriting excellence, responsive service and customized solutions. Our insurance arm draws upon impressive global resources and financial strength to tailor each policy to meet the individual needs of our customers.

Our financial strength is evident in Financial Agency Ratings of: A+ A. M. Best, A+ S&P Global and A1 Moody’s Investor Service. We are a market leader for our broad diversified income streams, strong underlying underwriting performance with reduced volatility and strong cash flow. We take pride in being known in the industry as nimble, entrepreneurial, and responsive.

Although we are currently in the North American market, we see great opportunity to expand our markets. 

 To support this, we are currently looking for a Director of Investment Accounting in our Warren, New Jersey headquarters.

You will interact and support several aspects of accounting, financial analysis, and reporting for the group. This is a remote-hybrid position where you are required to be in the office three days a week and the remaining days you can work from home

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

• 10+ 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, a