Investment Accountant

Martello Re Limited; North Carolina; À distance; USD 90 000 - 150 000; Plein temps

Résumé du poste

Martello Re Limited is seeking an Investment Accountant to manage monthly journal entries, reconciliations, and reporting for investment activity under US GAAP and Bermuda regulations. The role includes handling funds withheld, modified coinsurance portfolios, and various alternative investments, while coordinating with asset managers and internal stakeholders across Actuarial, Investments, and Finance.

The ideal candidate brings 3+ years of post-qualified accounting experience, strong Excel and

Qualifications

• Bachelor’s degree in finance, accounting, or a related field.
• Professional accounting designation (CA/ACCA/CPA) is required or strongly preferred.
• 3+ years of post-qualified accounting or investment accounting experience.
• Experience with US GAAP investment accounting across asset classes including fixed income and alternatives.
• Familiarity with funds withheld, coinsurance, or related structures is a strong plus.

Responsabilités

• Prepare and analyze monthly journal entries for investment activity for management and quarterly board reporting (US GAAP and Bermuda regulatory).
• Record investment activity on funds withheld and modified coinsurance portfolios and reconcile data to GL.
• Account for limited partnerships, funds, and other alternative investments, including equity method accounting and capital calls.
• Review external asset manager reporting and resolve accounting and data issues.
• Monitor accounts, ledgers, and reporting systems to ensure integrity of postings and reconciliations.
• Ensure timely completion of monthly and quarterly close processes and reporting deadlines.
• Prepare investment accounting notes and disclosures for management and external reporting.
• Develop and enhance reporting tools including reconciliation of investment accounting data.
• Maintain controls over investment accounting processes with narratives and audit support.
• Prepare schedules and reports for year-end financial statements and external audits.
• Collaborate with Actuarial, Investments, Corporate Accounting, and Strategic Initiatives.

Connaissances

Analytical skills

Multi-tasking

Clear and concise reporting

Time management

Investment accounting

Formation

Bachelor’s degree in finance/accounting

CA/ACCA/CPA designation

Outils

Clearwater

Microsoft Excel

Description du poste

About Martello Re

At Martello Re, we are building a distinctive reinsurance offering grounded in exceptional client service, innovative solutions, and advanced data analytics. We are committed to attracting top talent and empowering individuals to make meaningful contributions while advancing their careers. Our dynamic, high-energy environment fosters collaboration and encourages bold thinking at all levels. At the same time, we maintain a steadfast focus on long-term financial strength to serve the best interests of our cedants and their policyholders.

The Investment Accountant is responsible for the preparation, analysis, and reporting of investment activity in accordance with US GAAP and Bermuda regulatory requirements. The role covers a portfolio that includes directly held assets, funds withheld and modified coinsurance arrangements, and alternative investments. Responsibilities include investment-related journal entries, reconciliations, financial reporting, and the execution of internal controls, as well as working closely with external asset managers and internal stakeholders across Actuarial, Investments, and Finance.

Key Duties and Responsibilities

• Prepare and analyze monthly journal entries to record investment activity for management and quarterly board reporting (US GAAP and Bermuda regulatory).
• Account for investment activity on funds withheld and modified coinsurance portfolios, including reconciling cedant-reported asset and investment income data to the investment accounting system and general ledger, and supporting measurement of the related embedded derivatives.
• Account for limited partnerships, funds, and other alternative investments, including equity method accounting, capital calls and distributions, and reconciliation of manager statements.
• Review external asset manager reporting, holdings, and fee calculations, and serve as a point of contact for resolving accounting and data issues.
• Monitor accounts, ledgers, and reporting systems to ensure the integrity of postings and reconciliations across investment, transaction, treasury, and expense activity.
• Ensure timely completion of monthly and quarterly close processes and reconciliations to meet internal and external reporting deadlines.
• Prepare investment accounting notes and disclosures for management and external reporting.
• Assist in the development and enhancement of reporting tools, including analysis and reconciliation of investment accounting data.
• Execute and maintain documented controls over investment accounting processes, including control narratives, evidence, and support for internal and external audit testing.
• Prepare supporting documentation, schedules, and reports for year-end financial statements and external audit requests.
• Collaborate regularly with stakeholders across the organization, including Actuarial, Investments, Corporate Accounting, and Strategic Initiatives.
• Other duties as assigned.

Required Education and Experience

• Bachelor’s degree in finance, accounting, or a related field.
• Internationally recognized professional accounting designation (e.g., CA, ACCA, CPA).
• 3+ years of post-qualified accounting or investment accounting experience.
• Demonstrated experience with US GAAP investment accounting across a range of asset classes, including core fixed income, structured products, private assets, and alternatives.
• Experience with funds withheld, modified coinsurance, or coinsurance treaty structures is a strong plus, particularly from the assuming reinsurer side.
• Exposure to NAIC statutory accounting, including SSAPs and Schedule D, is a plus.
• Familiarity with BMA regulatory reporting, including BSCR.
• Strong attention to detail with a focus on continuous improvement in the efficiency and reliability of the monthly and quarterly close process.
• Sound knowledge of Microsoft Office, specifically advanced Excel skills.
• Experience with general ledger systems and investment accounting software (ideally Clearwater), with the ability to adapt to new technologies.
• Excellent organizational, written, and oral communication skills, and the ability to thrive in a small team within a dynamic environment.

Required Skills

• Strong analytical skills with a keen eye for detail.
• Proven ability to handle multiple priorities and work independently with minimal supervision.
• Ability to distill complex financial information into clear, concise reports for both technical and non-technical stakeholders.
• Excellent organizational and time-management skills, with a strong sense of urgency and results orientation.
• Proficiency in investment accounting processes, including journal entries, reconciliations, and reporting.

Supervisory Responsibilities

This position does not have direct supervisory responsibilities but may involve collaborating and providing guidance to other team members and departments as needed.

Location and Travel

• Martello Re welcomes applications for remote positions from candidates residing in the Eastern/Central time zones, or where the company currently operates (CT, FL, GA, IL, IN, MD, MA, MO, NJ, NY, NC, PA, SC, TN, TX & District of Columbia) or within a commutable distance to our Charlotte, NC office in the United States. We are proud to be an equal opportunity employer and consider all qualified applicants without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other legally protected status.
• Up to 5% travel, including occasional visits to corporate offices, client meetings, including occasional visits to industry events.

Physical Requirements

• Prolonged periods of sitting at a desk and working on a computer.
• Must be able to lift 15 pounds at times.

Note for Recruitment Agencies

We kindly request that you do not forward any resumes to Martello Re employees unless specifically requested for this position or other roles within our organization. Martello Re bears no responsibility for fees related to unsolicited resumes.

Note to Applicants

Personal Information collected is used for recruitment purposes only and will be shared with hiring managers and those involved in the hiring process. We may retain your personal information for a reasonable period in compliance with applicable regulations, typically one year post application submission, to enable us to match your details with other suitable job opportunities that may arise from time to time, unless otherwise requested. Please refer to Martello Re’s Privacy Notice for further information on your rights and how we protect your personal information: Privacy Notice– Martello Re.