Life Insurance Accounting Associate — Growth & Reporting

Obra Capital, Inc; New York (NY); On-site; USD 99,000 - 121,000; Full time

Benefits offered by this job

Medical, Dental & Vision

401(k) with company match

Flexible Savings Account (FSA)

Healthcare Savings Account (HSA) with

Life Insurance

Long-Term Disability (LTD)

Short-Term Disability (STD)

Commuter Benefits

Daily lunch stipend

Job summary

Obra Capital, Inc is seeking an Associate, Insurance Accounting to join the Finance & Accounting team with a primary focus on life insurance investment portfolios. The role supports accounting, reporting, and cash control processes for portfolios backed by life insurance assets and related financing structures.

The ideal candidate will be detail-oriented, organized, and comfortable working in a fast-paced environment that blends traditional accounting with investment and insurance analytics.

Qualifications

• Bachelor’s degree in Accounting or Finance required.
• 2–4 years of accounting experience with insurance clients (Big Four or equivalent).
• Working knowledge of GAAP accounting; familiarity with insurance investment structures or policy valuation preferred.
• Proficiency in Microsoft Excel; experience with general ledger or portfolio accounting systems a plus.
• Strong analytical, organizational, and problem-solving skills.
• Excellent communication and interpersonal abilities.
• Ability to manage multiple priorities, meet deadlines, and operate in a collaborative team environment.

Responsibilities

• Support accounting and financial reporting for life insurance–related investments and entities.
• Prepare and process daily wire transactions, cash transfers, and funding requests across life insurance portfolios.
• Perform reconciliations of investment accounts, premiums, and cash movements for life insurance assets.
• Record and maintain general ledger activity for insurance-linked assets, liabilities, and financing structures.
• Assist with month-end and quarter-end close processes, including journal entries, schedules, and supporting documentation.
• Coordinate with investment, operations, and actuarial teams to ensure accurate accounting treatment of life insurance policies, reserves, and proceeds.
• Support audit requests, portfolio reviews, and ad hoc projects related to the life insurance investment business.
• Contribute to process improvements, internal control enhancements, and system integrations across the finance function.

Skills

Analytical skills

Organizational skills

Communication skills

Team collaboration

Multitasking

Education

Bachelor’s degree in Accounting or Finance

Tools

Microsoft Excel

Portfolio accounting systems

Job description

Obra Capital, Inc is seeking an Associate, Insurance Accounting to join the Finance & Accounting team with a primary focus on life insurance investment portfolios. The role supports accounting, reporting, and cash control processes for portfolios backed by life insurance assets and related financing structures.

The ideal candidate will be detail-oriented, organized, and comfortable working in a fast-paced environment that blends traditional accounting with investment and insurance analytics.