Derivatives Accounting Leader – GAAP/Statutory Close

Resolution Life Group Services Limited; New York (NY); Hybrid; USD 127,500 - 167,000; Full time

Job summary

Resolution Life US is seeking a Manager of Derivatives Accounting to oversee GAAP and statutory close, financial reporting, and analytics for the company’s derivatives portfolio. The role reports to the Head of Derivatives Accounting and collaborates with third‑party providers and asset managers to ensure accurate investment accounting records.

You will supervise monthly close, prepare footnotes for US GAAP and statutory statements, and lead junior staff while driving process improvements across

Qualifications

• Bachelor's degree in Accounting or Finance required.
• CPA preferred.
• 6–10+ years of experience with 4+ years of derivatives accounting and/or insurance industry experience required.
• Expertise in US GAAP and Statutory Accounting Principles.
• Experience with Clearwater Analytics or Third-Party Investment Accounting model preferred.
• Strong research, verbal and written communication skills.

Responsibilities

• Serve as a subject matter expert on accounting and reporting for derivatives.
• Oversee and perform the monthly accounting close over derivatives.
• Perform balance sheet and income statement attribution and variance analysis.
• Manage relationship with third‑party accounting vendor to properly account for derivatives.
• Compile and/or review footnotes and schedules for U.S. GAAP and Statutory financial statements.
• Collaborate with Investment Front Office on new derivative strategies or investment managers.
• Evaluate investment results and prepare analytics package for finance leaders.
• Research accounting guidance on new derivative strategies or instruments.
• Identify manual journal entries needed for accurate results; prepare/review entries.
• Consult with Investment Management, Third‑Party Asset Managers, and Cedants.
• Execute internal financial controls to ensure accurate results.
• Assist and develop junior staff on tasks.
• Provide reporting to reinsurance cedants.
• Support continuous improvement.

Skills

Derivatives accounting

Financial reporting

Leadership

Communication

Problem solving

Attention to detail

Education

Bachelor's degree in Accounting or Finance

Tools

Microsoft Office

Job description

Resolution Life US is seeking a Manager of Derivatives Accounting to oversee GAAP and statutory close, financial reporting, and analytics for the company’s derivatives portfolio. The role reports to the Head of Derivatives Accounting and collaborates with third‑party providers and asset managers to ensure accurate investment accounting records.

You will supervise monthly close, prepare footnotes for US GAAP and statutory statements, and lead junior staff while driving process improvements across