Senior Accountant

Security Benefit Business Services / Everly Life; Des Moines (IA); Hybrid; USD 90,000 - 130,000; Full time

Benefits offered by this job

Competitive salary and annual bonus

33 days paid time off

Paid parental leave after 90 days

Medical, dental & vision insurance

401(k) with company match

Job summary

Security Benefit seeks a Senior Accountant, Investment Accounting & Reporting to join a collaborative, agile team. This role designs, analyzes, and implements solutions to drive efficiency in investment accounting, reinsurance reporting, and regulatory filings for Bermuda and Cayman entities.

Based in Des Moines, IA or remote for the right candidate, this full-time position offers hybrid work arrangements and career growth within a respected U.S. retirement firm.

Qualifications

• 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.

Responsibilities

• 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.

Skills

Analytical thinking

Time management

Independent worker

Communication

Education

Bachelor's degree in accounting or finance

Tools

PeopleSoft

Advanced Excel

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.