Senior Accountant

Security Benefit; Des Moines (IA); Hybrid; USD 90,000 - 120,000; Full time

Benefits offered by this job

Competitive salary

33 days of paid time off (PTO/holidays

Paid parental leave

Medical, dental & vision insurance

401(k) with company match

Profit Sharing & Savings Plan

Short- and Long-Term Disability

Flexible Spending Accounts

Life Insurance

Educational assistance

Associate assistance programs

Job summary

Security Benefit seeks an experienced Senior Accountant, Investment Accounting & Reporting, to join a collaborative finance team in Des Moines or remotely for the right candidate. This role blends ledger management, investment reporting, and regulatory support in a hybrid work environment.

You will work closely with internal stakeholders and external managers to ensure accurate financial results, timely close processes, and robust controls across Bermuda and Cayman entities.

Qualifications

• Bachelor’s degree in accounting or finance required.
• CPA preferred or willing to pursue CPA designation.
• 3–5 years of investment accounting, reinsurance accounting, or financial reporting experience.
• Knowledge of GAAP and STAT financial reporting.
• Experience with reinsurance accounting, including ceded and assumed transactions.
• Familiarity with Bermuda and Cayman regulatory reporting requirements preferred.
• Experience with investment-related ERP systems (PeopleSoft preferred).
• Strong analytical, problem-solving, and time management skills.
• Ability to work independently and communicate with all levels of management.
• Advanced Excel proficiency and familiarity with AI tools for efficiency.

Responsibilities

• Execute reinsurance-related ledger close activities across all applicable business units.
• Produce monthly investment reporting packages for Bermuda and Cayman entities with variance analysis.
• Perform ad hoc analyses and respond to reporting requests from internal stakeholders and leadership.
• Prepare and support regulatory reporting for Bermuda and Cayman entities, coordinating with stakeholders.
• Build and maintain reinsurance settlement statements including investment income and ceded activity.
• Prepare audit report footnotes and support PBC requests for reinsurance balances.
• Perform reconciliations between ledger activity and investment records and resolve items.
• Partner with Accounting Operations and external investment managers to align ledger activity with results.
• Maintain documentation and test controls over reinsurance-related reporting.
• Identify improvements to close, reconciliation, and reporting workflows.

Education

Bachelor’s degree in accounting or finance

CPA preferred or willing to obtain CPA designation

Strong analytical and problem-solving skills

Strong time management skills

Ability to work independently and communicate with all levels of management

Proficiency with MS Office Suite (advanced Excel)

Experience with AI tools (Copilot, ChatGPT, Claude) to enhance efficiency

Tools

PeopleSoft

Microsoft Excel

AI tools

Job description

We’re Looking for an experienced Senior Accountant, Investment Accounting & Reporting!

About the Company:

Security Benefit is a leader in the U.S. retirement market with more than $75 billion in assets under management. We offer opportunities to thrive, innovate, and make an impact. As part of our team, you’ll play a key role in driving the future of the U.S. retirement industry. Security Benefit is a PLACE where we promise to help our customers To and Through Retirement®.

We’re proud to have been recognized as one of the best in the business:

• Named to Ward’s 50 list of top-performing life-health insurance companies
• Recognized on list of Ingram’s Top 100 Private Companies in the Kansas City area in 2024

About the Role:

As a Senior Accountant, Investment Accounting, you’ll be an integral part of a collaborative, agile team. You’ll design, analyze, and implement innovative solutions that drive efficiency and exceed expectations.

The Senior Accountant position reports to the Senior Manager, and can be based out of Des Moines, Iowa, or remotely for the right candidate. We work a hybrid schedule, offering flexibility to work both remotely and on-site.

• Execute reinsurance-related ledger close activities, posting ceding and assuming entries across all applicable business units
• Produce monthly investment reporting packages for the Bermuda and Cayman entities, including variance analysis and explanations of significant activity
• Perform ad hoc analyses and respond to reporting requests from internal stakeholders and reinsurance leadership
• Prepare and support regulatory reporting for Bermuda and Cayman entities, coordinating with internal stakeholders to meet filing deadlines
• Build and maintain reinsurance settlement statements, including support for investment income, realized gains and losses, and other ceded activity
• Prepare audit report footnote disclosures and support audit PBC requests for reinsurance-related balances
• Perform reconciliations between ledger activity and investment records, and resolve reconciling items
• Partner with Accounting Operations and external investment managers to ensure alignment between ledger activity and reported results
• Maintain documentation and support testing of controls over reinsurance-related financial reporting
• Identify and implement improvements to close, reconciliation, and reporting workflows to enhance accuracy and efficiency

What We’re Looking For:

• Bachelor’s degree in accounting or finance
• 3-5 years of investment accounting, reinsurance accounting, or financial reporting experience
• CPA preferred or willingness to obtain CPA designation
• Knowledge of GAAP and STAT financial reporting
• Experience with reinsurance accounting, including ceded and assumed transactions, preferred
• Familiarity with Bermuda and Cayman regulatory reporting requirements preferred
• Experience with investment-related ERP systems (PeopleSoft preferred)
• Strong analytical and problem-solving skills
• Strong time management skills with the ability to meet critical deadlines
• Ability to work independently, make decisions, and effectively communicate with all levels of management
• Strong computer skills including MS Office Suite (advanced Excel required)
• Experience with AI tools (such as Microsoft Copilot, ChatGPT, Claude, etc.) to enhance efficiency and analysis preferred
• Ability to prioritize multiple tasks and manage competing deliverables

Why Choose Security Benefit?

When you join our team, you’re not just getting a paycheck — you’re getting a career path full of growth opportunities, plus a robust benefits package that puts your well-being first. Here’s what you can expect as a full-time Security Benefit associate:

• Competitive salary and annual incentive bonuses to reward your contributions.
• 33 days of paid time off (including PTO, holidays, Volunteer Day, and days of significance).
• Paid parental leave after 90 days of service.
• Comprehensive medical, dental & vision insurance.
• 401(k) with company match, plus Profit Sharing & Savings Plan.
• Short- and Long-Term Disability Insurance to give you peace of mind.
• Flexible Spending Accounts for medical and dependent care.
• Life Insurance to protect your loved ones.
• Educational assistance to support your career development.
• Associate assistance programs for your personal and professional well-being.

Security Benefit is an Equal Opportunity Employer.