Manager, Investment Accounting

Trustmark Services Company; Lake Forest (IL); Hybrid; USD 81,000 - 117,000; Full time

Benefits offered by this job

Health/dental/vision insurance

401(k) plan

Wellness program

Job summary

Trustmark is seeking a Manager, Investment Accounting to join our Lake Forest office, working hybrid 3 days on-site. You will manage investment accounting records, report generation, and variance analysis to support compliance and strategic decision making.

The role requires solid investment accounting experience, strong analytical skills, and collaboration with cross-functional teams to optimize investment strategies and statutory reporting.

Qualifications

• Bachelor’s Degree or equivalent in finance or accounting.
• 6–8 years of related experience for progression.
• Experience with investment accounting and financial reporting.

Responsibilities

• Analyze and monitor investment accounting transactions and reporting.
• Reconcile monthly investment journal entries and resolve discrepancies.
• Prepare investment statement notes and related exhibits for audits.

Skills

Investment accounting

Financial analysis

Variance analysis

Regulatory compliance

GAAP knowledge

Education

Bachelor’s Degree or equivalent

Tools

Excel

Financial reporting software

Job description

Trustmark’s mission is to improve wellbeing – for everyone. It is a mission grounded in a belief in equality and born from our caring culture. It is a culture we can only realize by building trust. Trust established by ensuring associates feel respected, valued and heard. At Trustmark, you’ll work collaboratively to transform lives and help people, communities and businesses thrive. Flourish in a culture of diversity and inclusion where appreciation, mutual respect and trust are constants, not just for our customers but for ourselves. At Trustmark, we have a commitment to welcoming people, no matter their background, identity or experience, to a workplace where they feel safe being their whole, authentic selves. A workplace made up of diverse, empowered individuals that allows ideas to thrive and enables us to bring the best to our colleagues, clients and communities.

About the role Trustmark is looking for a Manager, Investment Accounting to work in the office 3 days a week. Responsible for managing financial records, preparing reports, analyzing investment data, and identifying variances. Ensure compliance with accounting standards and regulations, assess risks, and help optimize investment strategies.

Key Accountabilities

• Investment Transactions: Analyzes and monitors vendor investment accounting transactions and reporting.
• Interacts with vendor to understand transaction and accounting/reporting trends.
• Reconciles monthly investment journal entries and resolves discrepancies.
• Partners with Investment department to understand properties of purchased investments.
• Statutory reporting: Prepares quarterly and annual statutory statement schedules/exhibits.
• Prepares NAIC filings for more complex schedules, exhibits and notes.
• Reviews annual investment schedules and exhibits, including AVR and IMR.
• Prepares investment statement notes, general interrogatories, and notes to the audited financials.
• Cash Management: Prepares cash management reports for quarterly non-insurance meetings.
• Partners with Corporate and business unit Finance teams to analyze and understand cash flow results and key variances.
• Variance Analysis: Prepares and reviews for significant, unusual, or unreasonable variances in the quarterly financial statements.
• Analyzes key investment variances for the TIC and TLC legal entities.
• Develops and implements metrics to analyze variances.
• Tax Work Papers: Prepares and reviews investment tax work papers and explanations of key variances for Tax department.
• Audit: Oversees investment-related audit requests from both internal and external auditors.

Minimum Requirements

Bachelor’s Degree and/or 6 – 8 years of related experience OR High School Diploma or GED with 8-10 years of related experience.

The compensation range for this role is (based on the corporate location in Lake Forest, Illinois): $81,274.30 - $117,396.33 per year. The final salary offer will be determined based on factors such as location, qualifications, experience, skill set, and other relevant factors. This position may also be eligible for bonus. We understand that compensation is an important factor when considering a new opportunity, and we strive to provide a competitive salary within the market.

Brand: Trustmark

Benefits

• Health/dental/vision, life insurance, FSA and HSA, 401(k) plan, Employee Assistant Program, Back-up Care for Children, Adults and Elders and many health and wellness initiatives.

We also offer a Wellness program that enables employees to participate in health initiatives to reduce their insurance premiums.

Trustmark is committed to leveraging the talent of a diverse workforce to create great opportunities for our people and our business. We are an equal opportunity employer, including disability and protected veteran status.

Join a passionate and purpose-driven team of colleagues who contribute to Trustmark’s mission of helping people increase wellbeing through better health and greater financial security. At Trustmark, you’ll work collaboratively to transform lives and help people, communities and businesses thrive. Flourish in a culture where appreciation, mutual respect and trust are constants, not just for our customers but for ourselves. When you join Trustmark, you become part of an organization that makes a positive difference in people’s lives. You will play a vital role in delivering on our mission of helping people increase wellbeing through better health and greater financial security. Our customers tell us they simply appreciate the personal attention and knowledgeable service. Others tell us we’ve changed their lives. At Trustmark, you’ll be part of a close-knit team. You’ll enjoy abundant opportunities to grow your career. That’s why so many of our associates stay at Trustmark and thrive. Trustmark benefits from more than 100 years of experience but pairs that rich history with a palpable sense of optimism, growth and excitement for what’s ahead – and beyond. This is a place where associates bring their whole selves to work each day. A place where you can be yourself. Whatever your beyond is, you can achieve it at Trustmark.