Lead- Investment Accounting

Sun Life; Gurugram District; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Sun Life in India (Gurugram) seeks an experienced Lead – USI Accounting to manage securities accounting and reporting for institutional insurance clients and private wealth accounts on a STAT/GAAP basis. The role requires handling client deadlines, coordinating with senior management, portfolio managers, and IT, and ensuring data integrity and asset safeguarding through strong controls.

The position emphasizes collaboration with cross-functional teams, adherence to regulatory requirements, and

Qualifications

• BS Degree in Accounting or Finance; Master’s degree is a plus
• Minimum 5-8 years of strong investment accounting experience
• Knowledge of back office operations and securities investments
• Experience with statutory reporting, Schedule D and annual statements
• Proficiency with CAMRA, PAM or other insurance accounting systems
• Excellent attention to detail and ability to work in a fast-paced, team-oriented environment
• Knowledge of Aladdin is a must
• Microsoft Reporting Services and report development is a plus
• Excel experience with pivot tables, VLOOKUP and macros is a plus

Responsibilities

• Maintain and review client investment activity
• Reconcile invested assets and cash activity with custodian banks
• Prepare, analyze, and deliver monthly reporting within established client deadlines
• Prepare quarterly and annual Schedule D regulatory reports and footnote disclosures
• Monitor and reconcile internal systems
• Provide technical support on accounting records, policies and procedures
• Identify enhancements to accounting and systems workflow
• Assist in accounting conversions of new clients
• Gather third party data and create files
• Maintain quality client communications and relationships
• Respond to ad-hoc requests from clients and auditors

Skills

Interpersonal skills

Communication

Attention to detail

Team collaboration

Ability to work under deadlines

Education

Bachelor/Master in Accounting or Finance

Tools

Aladdin

Microsoft Reporting Services

Excel (Pivot, VLOOKUP, Macros)

CAMRA / PAM or insurance accounting systems

Job description

Job Description:

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do.

At Sun Life, we're driven by our Purpose: helping our Clients achieve lifetime financial security and live healthier lives. Our values shape how we work: caring, authentic, bold, inspiring, and impactful.

When you join Sun Life, you'll work with passionate colleagues and empowering leaders who support your growth and celebrate your contributions, so you can make a meaningful difference in our Clients' lives.

Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description: Lead – USI Accounting

Band – 5.1

Shift timings:

Shift D: 3.30PM to 12.00 AM IST

About the business:

Private Fixed Income Operations is a department within the Investment Services and Operations Group at SLC Management that is responsible for the administration and reporting of all non-public investments and loans to corporations situated in various locations globally. The investment portfolio of approximately $41 billion includes bonds, debentures, limited partnerships, lease securitization and project financing.

About the role:

The position is for an Insurance Investment Accounting role. The position involves providing and maintaining securities accounting and reporting for institutional insurance clients, as well as private wealth accounts, on a STAT/GAAP basis, with the ability to operate within a deadline driven environment and deliver exceptional client service. Strong interpersonal skills are required as there is frequent contact and interaction with clients and all levels within the organization including Senior Management, Portfolio Managers and Strategists, IT and Systems Development. This position also shares responsibility for the integrity and timeliness of financial data and for ensuring the safeguarding of assets through proper control applications.

Key Responsibilities

• Maintain and review client investment activity.


• Reconcile invested assets and cash activity with custodian banks.


• Prepare, analyze, and deliver monthly reporting within established client deadlines.


• Preparation of quarterly and annual Schedule D regulatory reports and corresponding footnote disclosures and interrogatories.


• Monitor and reconcile internal systems.


• Provide technical support and advice on accounting records, policies and procedures.


• Identify and help develop enhancements to the accounting and systems workflow.


• Accounting conversion of new clients.


• Third party data gathering and file creation.


• Establish and maintain quality client communications and relationships.


• Provide responses to ad-hoc requests from clients, consultants, auditors and internal stakeholders

Education, Required Skills and Competencies

• BS Degree in Accounting or Finance / Master’s degree is a plus


• Minimum 5-8 years of strong investment accounting experience


• Effective interpersonal and communication skills


• Knowledge of back office operations


• Strong Knowledge of securities investments


• Good knowledge of Statutory reporting, Schedule D and annual statements


• Experience with CAMRA, PAM or other insurance accounting systems


• Excellent attention to detail


• Ability to work effectively in a fast-paced, team-oriented environment


• Knowledge of Aladdin is a must


• Microsoft Reporting Services and new report development a plus


• Excel experience with pivot tables, VLOOKUP and macros a plus

Note:

• The shift starts at 3:30 PM IST, however more overlap with North America will be required during the onboarding process and peak times – month-end, quarter-end and year-end


• Certain days during the month/year may not be eligible for vacation days, specifically around month-end, quarter-end and year-end


• Rotation coverage for Canadian Statutory holidays

Job Category:

Asset Management

Posting End Date:

15/09/2026