Investment Accountant

Martello Re•City of Hamilton, CT

6d•Remote

About The Position

The Investment Accountant prepares and analyzes investment accounting entries, reconciliations, and reporting for management, board, regulatory, and external financial reporting. The role supports investment activity across funds withheld and modified coinsurance portfolios, limited partnerships, funds, and other alternative investments, while helping ensure accurate accounting under US GAAP and Bermuda regulatory requirements. The position maintains the integrity of investment-related accounts and reporting systems, supports monthly and quarterly close processes, prepares disclosures and year-end schedules, and maintains documented controls and audit evidence. It also contributes to reporting-tool improvements and collaborates with Actuarial, Investments, Corporate Accounting, and Strategic Initiatives. The role has no direct supervisory responsibilities, though it may involve providing guidance to colleagues and other departments. Remote applicants are welcomed from specified Eastern/Central time zones and states where the company operates, or candidates within commuting distance of the Charlotte, North Carolina office. Travel of up to 5% is expected, including occasional corporate office visits, client meetings, and industry events.

Requirements

Bachelor’s degree in finance, accounting, or a related field.
Internationally recognized professional accounting designation, such as CA, ACCA, or CPA.
At least 3 years of post-qualified accounting or investment accounting experience.
Demonstrated experience with US GAAP investment accounting across asset classes including core fixed income, structured products, private assets, and alternatives.
Strong attention to detail and focus on improving the efficiency and reliability of monthly and quarterly close processes.
Sound knowledge of Microsoft Office, particularly advanced Excel skills.
Experience with general ledger systems and investment accounting software, with the ability to adapt to new technologies.
Strong analytical skills and a keen eye for detail.
Ability to handle multiple priorities and work independently with minimal supervision.
Ability to communicate complex financial information clearly and concisely to technical and non-technical stakeholders.
Excellent organizational, written, oral communication, and time-management skills; a strong sense of urgency and results orientation.
Proficiency in investment accounting processes, including journal entries, reconciliations, and reporting.
Ability to thrive in a small team within a dynamic environment.

Nice To Haves

Experience with funds withheld, modified coinsurance, or coinsurance treaty structures, particularly from the assuming reinsurer side.
Exposure to NAIC statutory accounting, including SSAPs and Schedule D.
Familiarity with BMA regulatory reporting, including BSCR.
Experience with Clearwater investment accounting software.

Responsibilities

Prepare and analyze monthly journal entries for investment activity for management and quarterly board reporting under US GAAP and Bermuda regulatory requirements.
Account for investment activity on funds withheld and modified coinsurance portfolios, reconcile cedant-reported asset and investment income data to the investment accounting system and general ledger, and support measurement of related embedded derivatives.
Account for limited partnerships, funds, and other alternative investments, including equity method accounting, capital calls and distributions, and reconciliation of manager statements.
Review external asset manager reporting, holdings, and fee calculations, and resolve accounting and data issues as a point of contact.
Monitor accounts, ledgers, and reporting systems to ensure the integrity of postings and reconciliations across investment, transaction, treasury, and expense activity.
Complete monthly and quarterly close processes and reconciliations in time to meet internal and external reporting deadlines.
Prepare investment accounting notes and disclosures for management and external reporting.
Assist in developing and enhancing reporting tools, including analysis and reconciliation of investment accounting data.
Execute and maintain documented controls over investment accounting processes, including control narratives and evidence, and support internal and external audit testing.
Prepare supporting documentation, schedules, and reports for year-end financial statements and external audit requests.
Collaborate with stakeholders across Actuarial, Investments, Corporate Accounting, and Strategic Initiatives.
Provide guidance to team members and departments as needed.
Perform other duties as assigned.