Investment Accounting Associate

Summary

Prosperity Life Insurance Group, LLC is seeking a talented Investment Accounting Associate to assist with operations, accounting, and reporting functions as it relates the Company’s general account investment portfolio.  Candidates should have strong oral and written communication skills, and experience with insurance investment accounting.

Major Duties and Responsibilities 

• Work closely with Company’s third-party accounting service providers to ensure accounting and reporting of investments is performed accurately and timely
• Prepare journal entries related to cash and investments
• Prepare investment accounting reports as needed to support finance, actuarial, tax, and investment department needs
• Perform reconciliations of monthly ledger balances back to sub-ledger systems
• Prepare and perform analysis to assist in the review of reasonability of results
• Assist with research and analysis over correct accounting treatment for new investments
• Assist with preparing Statutory and GAAP quarterly/annual financial statements
• Assist with requests from auditors and/or state examiners
• Other items as necessary

Supervisory Responsibilities

This job currently does not have supervisory responsibilities.

Job Qualifications

 Education and/or Experience and Skills

• Bachelor’s degree in Math or Economics preferred
• 1-3 years of experience in insurance investment accounting preferred
• Knowledge of various investment types, including securities and mortgage loans
• Knowledge of US GAAP rules for investments required. Knowledge of US Statutory Accounting Principles rules for investments preferred
• Ability to multi-task and adjust quickly in a fast-paced environment, with the ability to change priorities to meet critical deadlines
• Position requires proficiency and accuracy in using computer system databases
• MS Word and Excel spreadsheet skills are required