Senior Accountant, Investment Accounting (Hybrid)

Selective Insurance Company of America•Short Hills, NJ

1d•Hybrid

About The Position

At Selective, we don't just insure uniquely, we employ uniqueness. Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years. Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including listing in Forbes Best Midsize Employers in 2025 and certification as a Great Place to Work® in 2025 for the sixth consecutive year. Employees are empowered and encouraged to Be Uniquely You by being their true, unique selves and contributing their diverse talents, experiences, and perspectives to our shared success. Together, we are a high-performing team working to serve our customers responsibly by helping to mitigate loss, keep them safe, and restore their lives and businesses after an insured loss occurs. Position monitors and analyzes general ledger accounts, financial statements, and reports. Supervises or performs major account analysis. Ensures accuracy in accordance with Generally Accepted Accounting Principles (GAAP), Statutory Accounting Principles (SAP), and the company’s policies and procedures. All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements. Note: (For NJ candidates) This role will be located at our future headquarters in Short Hills, N.J. Until the new headquarters is operational, the successful candidate will be offered the ability to work in our Branchville, N.J. location during this interim period.

Requirements

Prior exposure to accounting systems with knowledge of GAAP and SAP
Proficiency with MS office applications, particularly Excel
Excellent evaluation skills and troubleshooting abilities
Strong organizational, interpersonal and communication skills
Bachelor’s degree in accounting
Five or more years of financial accounting experience

Nice To Haves

Experience with investment accounting software solutions (Clearwater) and custodian (J.P.Morgan) platforms, preferred
CPA designation preferred (required for upward mobility)

Responsibilities

Prepares and reviews monthly account analysis and reconciliation
Establishes, interprets and analyzes complex accounting records of financial statements
Creates journal entries and adjustments
Assists with preparation of both GAAP and SAP investment disclosures
Prepares analytical review of financial statements during closing process
Handles field questions concerning financial results
Performs monthly financial close and financial statement preparation
Applies accurate accounting treatment for fixed income, equities, mortgage loans, cash equivalents, and alternative investments
Assists and provides support with annual external audit and budget processes
Ensures integrity of financial statements. Ensures financial statement compliance with GAAP, company policies and governmental requirements