Investment Accountant

WoodmenLIfe•Omaha, NE

3d•Onsite

About The Position

This is an in-office position located at the WoodmenLife Tower in downtown Omaha. WoodmenLife is looking for an Investment Accountant to join our team! We are currently searching for an Investment Accountant to promote effective investment accounting and reporting information by applying appropriate accounting and reporting principles and practices in partnership with internal and external customers to achieve the Organization’s goals.WoodmenLife is one of the best places to work in Omaha, with more than 135 years of service rooted in purpose and community. Since 1890, WoodmenLife has been dedicated to helping hardworking Americans secure their families’ financial futures and leave a lasting legacy. As a purpose‑driven, not‑for-profit life insurance company, our commitment is to our members and the communities they call home. As a member of the WoodmenLife family, you’ll join others who share a commitment to family, community, and country. We offer a comprehensive benefits package including health, dental, vision, 401(k), life insurance, and more. Apply today to learn more!

Requirements

Associates or Bachelor’s degree in Accounting/Finance or commensurate experience preferred
Five years investment accounting and/or statutory accounting experience preferred
Understanding of investment accounting and reporting principles and best practices for securities, mortgages and real estate, including mortgage participations and securitizations
Strong analytical skills with a high attention to detail
Proficient use of MS Office (Excel, Word, Access, Powerpoint)
Proficient use of PAM for Investments, PrecisionLM, PAM-Unit Value Trade and Lawson – Asset Manager investment administration and accounting systems
Ability to quickly learn other software systems (Impromptu, TCP, UVT) and resolve problems that arise
Ability to work well in a team-oriented environment where priorities can change frequently and deadlines are often under significant time pressure, while maintaining an effective approach
Ability to work hours needed to achieve business results
Ability to display strong customer service skills and effectively communicate clearly both verbally and in writing

Responsibilities

Processes accounting and performs record keeping functions for all real estate, mortgage loan and other long-term assets in accordance with established procedures. This includes modal payments, disposals, maturities, acquisitions and capitalized improvements.
Prepares monthly depreciation for all real estate records and maintains all records associated with that process.
Pays all real estate taxes and ensures that properties have been adequately insured
Serves as primary backup for the Financial Accountant, performing accounting and record keeping functions for securities (bonds, stocks, mutual funds, hybrid securities, derivatives) in accordance with established procedures. Reconciles related general ledger accounts with their investment administration system and performs other account analysis. Includes the ability to prepare the related exhibits and schedules for the statutory quarterly and annual statements, separate accounts statement and other internal financial reports in the absence of the Financial Accountant
Prepares financial reporting exhibits and schedules for the statutory quarterly and annual statements
Prepares mortgage and real estate related schedules for the organization’s internal and external audits and examinations and drafts responses to questions regarding those schedules
Reconciles a variety of general ledger accounts, real estate operating reports and invested asset activity, performs other analysis and reports on the same
Processes morning Unit Value Trade transactions in accordance with established procedures and updates various variable annuity balance control sheets. Maintains and coordinates the morning trade calendar for appropriate staffing.
Performs daily FTP upload of certain vital records of the Variable Annuity, subsidiaries and Foundation for business resumption purposes
Prepares reports for certain state insurance departments, regulatory agencies, rating agencies or external users of the statutory quarterly and annual statements. Process includes analyzing product statistics (certificates in force, premium, claims, etc.) on a state-by-state basis, obtaining necessary signatures, notarized documents, preparing cover letters and ensuring compliance by the proscribed due dates. Also maintains an Access database that houses the state filing requirements
Develops software testing procedures, documents and communicates them verbally and in writing
Tests and implements general releases, enhancements and program corrections for PAM-Mortgages software. Communicates within the department, Investment Division and the application provider with respect to problem resolution.