Director, Investment Accounting
Posted 30+ Days Ago
Title:
Director, Investment Accounting
Company:
Everest Global Services, Inc.
Job Category:
Finance
Job Description:
Job Description:
It’s an exciting time for Everest Re Group, Ltd. (“Everest”)! As we continue on our journey, we see significant opportunity ahead of us to expand our reach, build diversity, and enhance our capabilities in critical markets.
Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Bermuda, Canada, Europe, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people.
At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including:
• Generous tuition/continuing education reimbursement
• Mentoring opportunities
• Flexible work arrangements
• Talent development initiatives
• Networking groups
Everest is a growth company with $14 Billion of Gross Written Premium offering Property, Casualty and specialty products among others, through its various operating subsidiaries located in key markets around the world. Everest has been a global leader in reinsurance with a broad footprint, deep client relationships, underwriting excellence, responsive service and customized solutions. Our insurance arm draws upon impressive global resources and financial strength to tailor each policy to meet the individual needs of our customers.
Our financial strength is evident in Financial Agency Ratings of: A+ A. M. Best, A+ S&P Global and A1 Moody’s Investor Service. We are a market leader for our broad diversified income streams, strong underlying underwriting performance with reduced volatility and strong cash flow. We take pride in being known in the industry as nimble, entrepreneurial, and responsive.
Although we are currently in the North American market, we see great opportunity to expand our markets.
To support this, we are currently looking for a Director of Investment Accounting in our Warren, New Jersey headquarters.
You will interact and support several aspects of accounting, financial analysis, and reporting for the group. This is a remote-hybrid position where you are required to be in the office three days a week and the remaining days you can work from home
Responsibilities include but are not limited to:
Accounting and reporting of investments on a GAAP and Statutory basis.
Support the management of the monthly and quarterly investment close process.
Preparation and or review of various U. S. statutory investment schedules.
Preparation and or review of various U.S. GAAP investment disclosures.
Support local reporting of foreign branches and subsidiaries.
Coordinate with financial reporting and investment management teams.
Support the preparation of standard and ad-hoc reports for senior leadership.
Establishing and maintaining internal controls.
Research accounting issues for new investment structures and coordinate any changes required in workflow and operations.
Assist with the review of fair value of investments and related impairment analysis.
Providing monthly, quarterly, and year-end analyses along with account reconciliations.
Assist with ad-hoc analyses and strategic projects determined by the needs of senior management.
Work Experience and Qualifications
10+ years of experience in accounting; public accounting and public company reporting environment a plus.
Solid understanding of investment accounting and reporting under U.S. GAAP.
Experience with U.S. insurance statutory accounting and reporting a plus.
Leadership skills and ability to motivate and develop staff.
Strong analytical and problem-solving skills.
Highly skilled in math, accounting, and financial processes.
Excellent communication and interpersonal skills.
Detail oriented and highly organized.
Skilled in time management and the ability to prioritize tasks.
Highly proficient with Excel.
Excellent critical thinking skills.
Bachelor’s degree (or equivalent degree) in accounting.
Certified Public Accountant (or equivalent certification) preferred.
Knowledge of PAM and Bloomberg a plus.
Insurance/ reinsurance industry experience a plus.
Our Culture
At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture.
Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.
Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.
All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.
In lieu of professional experience, we welcome equivalent military experience, and encourage all to learn more about diversity, equity & inclusion at Everest: https://www.everestglobal.com/us-en/career-opportunities/working-at-everest/dei
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Type:
Regular
Time Type:
Full time
Primary Location:
Warren, NJ
Additional Locations:
N/A