Senior Investment Accountant
About The Position
Guarantee Trust Life Insurance Company (GTL) is currently seeking a Senior Investment Accountant to join our team! Since 1936, GTL has offered cutting-edge insurance solutions and personalized service for our policyholders and distributors, while supporting personal growth and civic involvement from our employees. We’re seeking candidates who are looking for meaningful work, who want to invest in their growth, and contribute to a company built on timeless virtues and best business practices. This position is required to work on-site in our Chicagoland (Glenview, IL) office most days. Everyone receives 3 flexible remote days per month and 6 additional Friday PTO days each year! And, we offer half-day Fridays – every Friday!
Requirements
- Bachelor’s degree in Accounting, Finance, or related field.
- 7+ years of investment accounting experience (insurance or financial services preferred).
- Strong knowledge of Statutory and NAIC reporting requirements.
- Experience working with outsourced investment accounting providers or custodians.
- Proficiency with Clearwater or similar investment accounting platforms.
- Advanced Excel skills and strong analytical capabilities.
- Excellent verbal and written communication skills.
Nice To Haves
- CPA, CFA, or active progress toward a certification.
- Experience with private funds and alternative investments
- Prior experience applying new accounting standards and guidance.
- Experience with process automation and system integration.
- Engagement in cultural or community-building activities (ERGs, volunteering, etc.).
- Willingness to travel for team meetings, conferences or other business needs.
- Flexible and willing to support broader business priorities as needed.
Responsibilities
- Oversee daily work of the outsourced investment accounting provider to ensure accuracy, timeliness, and compliance with service level agreements.
- Review and validate investment-related journal entries, reconciliations, valuations, and reports.
- Analyze complex investment transactions and determine appropriate accounting treatment.
- Evaluate and apply new accounting guidance as needed.
- Lead month-end and quarter-end investment accounting close processes.
- Oversee statutory filings, including NAIC Schedules D, DA, BA, and E, and related disclosures.
- Mentor junior team members and drive continuous process improvement initiatives.
- Prepare Fair Value adjustments required for impaired securities
- Prepare, review, and validate Investments Schedules for Statutory Filings, including Investment Income Exhibits, Realized/Unrealized Gain/Loss Exhibits and prepare related footnote disclosures
- Assist with monitoring and replacing securities in statutory deposits
- Support surplus relief initiatives and underlying investment reporting.
- Prepare and coordinate communications required because of capital markets transactions, including those with financial guarantors, trustees, asset custodians, rating agencies, and investment managers.
- Ensure compliance with all contractual requirements associated with the surplus relief reinsurance transactions.
Benefits
- Medical
- Health Savings Account (including employer contribution)
- Dental
- Vision
- Basic Life Insurance (full premium paid by employer)
- Voluntary Employee, Spouse and Child Life Insurance
- Short-Term and Long-Term Disability
- Paid Holidays
- Paid time off including vacation, personal days, and sick time
- 401(k) and Profit-Sharing retirement plan
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What This Job Offers
Job Type
Full-time
Career Level
Senior
