Job Summary

Support investment accounting and reporting on a GAAP and statutory basis for Nassau’s insurance company portfolios. Responsibilities include supervision of staff, troubleshooting of reconciliation and technical accounting issues, and analysis of diversified asset classes, and the related investment income for financial reporting purposes.

Principal Duties and Responsibilities

• Manage the accounting and reporting of investment holdings, including data reconciliation; develop and maintain reporting used in monthly, quarterly and annual filings.
• Oversee direct reports, including review of their work product.
• Act as liaison with third-party investment servicer Clearwater Analytics, as well as with internal teams in NAMCO, Actuarial, Tax and other areas, ensuring timely and accurate monthly transaction processing and reporting.
• Manage GAAP and Statutory analysis related to debt and equity securities, private equity/private placements, and other financial instruments, including analysis of fair and book values, unrealized gains/losses, other comprehensive income and impairments.
• Oversee the preparation of investment footnotes for quarterly and annual GAAP and Statutory financial statements including review of disclosure input prepared by others, working closely with the Corporate Accounting area
• Ensure that required regulatory quarterly and annual statutory schedules are prepared, balanced and reconciled for all Nassau’s insurance companies, including review of work performed by others.
• Responsible for ensuring all accounting, footnotes, and Statutory filings are in accordance with GAAP, and Regulatory requirements
• Participate in quarterly management analysis to aid in decision-making and proper documentation.
• Develop and maintain automated processes and reconciliations for various Investment Accounting functions on an ongoing basis.
• Identify opportunities and make recommendations to gain efficiencies and integrate processes where applicable.
• Maintain appropriate internal controls over investment accounting and related financial reporting.
• Provide support to internal and external auditors and respond to their requests in a timely manner.
• Perform other duties as assigned

Knowledge, Skills and Abilities

• Bachelor’s in Accounting or related field; CPA a plus
• 5-7 years accounting experience (Big-4 firm experience a plus).
• In-depth understanding of GAAP accounting and reporting requirements (Investment specific experience and/or Statutory accounting a plus).
• Demonstrated technical accounting expertise.
• Ability to lead direct and indirect staff, identify critical path items and drive the team to meet deliverables with tight deadlines and dependencies.
• Strong oral and written communication skills.
• Experience with general ledger, financial reporting and analytical tools, including excel. (PeopleSoft general ledger, Clearwater Analytics investment accounting system, and OneStream platform knowledge a plus).
• Strong project management skills and high standard for quality and attention to detail.
• Ability to manage multiple high visibility, time sensitive projects at once.

Compensation

Nassau maintains a holistic compensation philosophy focused on competitive base salaries, performance driven incentives, and unique professional development opportunities. The combination of compensation, benefits, and an entrepreneurial culture along with related experiences is key to recruiting and retaining talent. Our compensation system is designed to reward performance, support development and job growth, and compensate individuals relative to their contribution to our organization. The compensation for this position falls within Nassau’s salary band E: $100,000-$150,000.

Visit our Careers page and apply online at http://www.nfg.com/.

Based in Hartford, CT, Nassau Financial Group is a growth focused and digitally enabled financial services company with three distinct and closely connected businesses: insurance, reinsurance, and asset management. Nassau was founded in 2015 and has grown to $1.5 billion in total adjusted capital and $23.3 billion in assets under management.

As part of a young and growing financial services enterprise, our employees are tapping into a new entrepreneurial spirit while they build on a long track record of putting customers first, understanding the evolving income and protection needs, and developing quality products to meet those needs.

Nassau provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.