Senior Associate, Investment Accounting

The Senior Associate of Investment Accounting is responsible for the compilation of monthly and quarterly investment data for Fortitude Re, including analysis of net investment income, realized gains and losses, investment yields, investment balances by asset class, etc. This position will be involved in recording activity into the GL, reconciliations, audit support, and ad hoc projects as the company acquires more blocks of business.

What You Will Do

Support the accounting close process, including preparation of journal entries and corresponding balance sheet reconciliations for both GAAP and STAT bases of accounting. Perform detailed analytical review of investment income, yields, fair value changes, and realized/unrealized gains and losses.

Why It Might Be a Fit

The successful candidate will have a strong understanding of GAAP and STAT investment accounting principles, knowledge of derivative accounting principles (ASC 815) and familiarity with derivative products, and experience managing large volumes of data, with strong general ledger and/or analysis tool systems background.

Requirements

• Bachelor’s or Graduate degree in Accounting or Finance
• Minimum of 5 years of relevant experience in the reinsurance industry or financial services
• Experience managing large volumes of data, with strong general ledger and/or analysis tool systems background
• Strong understanding of GAAP and STAT investment accounting principles
• Knowledge of derivative accounting principles (ASC 815) and familiarity with derivative products
• Familiarity with reinsurance structures and investment implications preferred
• Experience with Power Query, SQL, or similar data query/transformation tools desired
• Experience using Clearwater investment accounting platform desired
• Excellent communication, presentation, and interpersonal skills
• Proven ability to manage multiple deliverables and meet deadlines
• Proficient in Microsoft Office products, with strong proficient in Microsoft Excel
• Highly motivated and creative strategic thinker
• Strong management and collaboration skills, with the ability to manage processes working with a diverse team across multiple departments and locations
• Detail-oriented with strong analytical and problem-solving capabilities
• Ability to operate in a fast-paced, growth-oriented environment
• Strong ownership mindset with the ability to work independently while collaborating cross-functionally
• Intellectual curiosity and commitment to continuous learning, particularly in automation and AI-enabled tools

Benefits

• Annual bonus based on company and individual performance
• Generous benefits package