Investment Accountant

Investment Accountant

Job Locations US-MD-Frederick

ID

2025-3206

# of Openings Remaining

Category

Finance & Tax

Overview

At Legal & General America (LGA), we aim to make a positive difference in the lives of our customers, partners, colleagues, and the communities in which they live. As a recognized market leader of term life insurance, we're working to transform our business through innovation and technology to provide products and solutions that help American families secure their financial futures.

We are a future-focused company, passionate about what we do and how we do it. This means working with pace and energy to reach our goals and challenging ourselves to achieve more. We strive to create a unique environment where balance between work and life is possible. Our employees' passion, dedication and hard work, as well as our career development opportunities, benefits, and employee activities contribute to our positive workplace culture.

The Investment Accountant will assist in the process of providing all investment-related income and balance sheet information for the Company's financial statements on United States (US) statutory, International Financial Reporting Standards (IFRS), and / or Bermuda statutory accounting bases . Prepares monthly reports, quarterly financial statements, completes journal entries, analyzes and reconciles accounts. This position ensures the integrity of the investment assets and provides guidance for investment accounting software.

Responsibilities

Process and analyze investment accounting data including match to trade tickets, reconcile investment system to bank, and prepare various reports relating to monthly and quarterly closings. Prepare monthly journal entries and reconcile general ledger to subsystem. Work with Senior Accountant and vendor to troubleshoot and correct system and processing issues.

Prepare and analyze US statutory and IFRS investment schedules per internal or regulatory reporting requirements.

Prepare responses to internal and external audit requests on LGA and subsidiary entity financial statements and internal controls.

Prepare various reports for actuaries, management, and reporting group.

Identify and evaluate trends in investment results for multiple basis of accounting

Participate in the design, implementation, and maintenance of financial information management systems affecting investment accounting functions.

Enhance existing investment reporting for the division and develop summary reports for Senior Management.

Identify opportunities to improve analysis of investment results providing concise and timely reports to management for key decision making, such as, establishing crediting rates.

Monitor entries generated by the accounting system and interfaced to the general ledger to assure they reflect the appropriate results.

Assist in the implementation of any future new systems.

Research investment accounting regulations and accounting guidance related to current and future asset classes.

Lead liaison to all investment managers.

Qualifications

Education

BS / BA in Accounting, solid understanding of general accounting principles

CPA preferred

Experience / Knowledge

2-4 years cumulative relevant investment accounting experience

Insurance industry accounting experience preferred

Knowledge of GAAP, IFRS, & Statutory Investment Accounting Principles

Skills Required

Interest in investments and aptitude for financial calculations

Strong Excel skills

Good organizational, time management and communication skills

Critical thinking with a focus on continuous learning

Proven track record of taking initiative to research and resolve issues.

General understanding of different fixed income investments and derivatives

What's in it for you?

The expected hiring compensation range for this position is $78,800 - $108,400 annually. This is a remote opportunity with preference given to candidates local to Frederick, MD.

The total compensation package for this position may include other elements, such as a sign-on bonus, long term incentives, and annual bonuses. This role is eligible to participate in the Legal & General America Annual Incentive Plan. The current target payment for the position is 8% of base salary, modified for corporate and individual performance. Bonuses are pro-rated based on start date. This role has 15 vacation days and 10 sick days that are accrued on a bi-weekly basis. Employees also have 9 paid holidays throughout the calendar year .

We have a competitive compensation and benefits package focused on your overall wellbeing. Employee benefits include health, life, and dental insurance; 401K with company match up to 6% as well as a pension package; generous time off; and wellbeing initiatives throughout the year (we like doing fun stuff). We're big on professional development and we'll support and mentor you in your career progression and expect you to help us pay it forward by helping us develop tomorrow's leaders and growth-focused professionals. We value our teams and our communities and believe in giving back. Enjoy time off to volunteer for those causes that matter most to you!

If hired, employee will be in an "at-will position" and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department / team performance, and market factors. The Company reserves the right to change benefits plans at any time.

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment. Please contact us to request accommodation.