What are the responsibilities and job description for the Sr Accountant position at The Hartford?
Sr Accountant - FA08BE
We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.
The position will be responsible for analysis of The Hartford’s investment results. Primary responsibilities include monthly reconciliations and analytics of invested assets on both a GAAP and a statutory basis, the preparation of statutory footnotes and investment schedules, review NAIC designations, and NAIC filings, assess impacts of new statutory guidance on the Hartford’s investment portfolio, and internal management reporting.
This role will have a Hybrid work arrangement, with the expectation of working in the office (Hartford, CT) 3 days a week (Tuesday through Thursday).
Specific Tasks Include
Hartford Investment Management Company (HIMCO) is the asset management arm of The Hartford Financial Services Group, Inc. (The Hartford). HIMCO is an insurance asset manager with over $100 billion in assets under management across the global fixed income, equity and alternatives markets. The firm manages assets on behalf of The Hartford, as well as insurance, sub-advisory and other institutional clients.
The Hartford is a Fortune 200 company, with approximately 18,500 employees worldwide. The company is a leading provider of property and casualty insurance, group benefits, mutual funds and other investment products. At The Hartford, we are committed to practicing our business in a sustainable way. We work to address environmental, social and economic needs and to do the right thing for our stakeholders.
As a condition of your employment for HIMCO, you will be required to affirm to HIMCO’s Code of Ethics and understand that you will be required to comply with the disclosure of accounts, holdings and pre-clearance of trades for the accounts of you and your household family members as more fully described in the Code of Ethics Key Points. If you will be deemed to be a “Covered Associate” under HIMCO’s Pay to Play Policy, you will also need to disclose all political contributions that you have given within the past 2 calendar years.
Compensation
The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:
$76,000 - $114,000
Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.
The position will be responsible for analysis of The Hartford’s investment results. Primary responsibilities include monthly reconciliations and analytics of invested assets on both a GAAP and a statutory basis, the preparation of statutory footnotes and investment schedules, review NAIC designations, and NAIC filings, assess impacts of new statutory guidance on the Hartford’s investment portfolio, and internal management reporting.
This role will have a Hybrid work arrangement, with the expectation of working in the office (Hartford, CT) 3 days a week (Tuesday through Thursday).
Specific Tasks Include
- Assist in monthly close of investment results for The Hartford including reconciliations between the investment accounting platform, the investment sub-ledger and the general ledger
- Preparation and analysis of investment sections of statutory statements, disclosures, and supplements.
- Monitoring NAIC designations to make sure STAT reports are in compliance with NAIC requirements
- Gather required documents for NAIC filings and submit the filing on time
- Actively participate in NAIC and interested party discussions around exposure drafts
- Understand GAAP and statutory guidance to provide assistance on the implementation of new accounting standards and investment strategies
- Prepare analytics for senior management explaining primary drivers of asset movements
- Support Sarbanes documentation and continuously monitor internal controls
- Drive automation improvements and projects, including standardized variance analysis, utilizing AI and other internal applications
- Ownership over the creation of various internal monthly and quarterly management reporting tools and metrics
- Requirements
- GAAP and/or STAT accounting and reporting experience
- Familiarity with investment reporting standards and ability to apply knowledge in the preparation of investment disclosures and Stat schedules
- Bachelor's degree in accounting/finance or related field required, CPA a plus
- Big Four experience a plus
- 2 years of accounting, reporting or finance experience
- Strong analytical, communication, and documentation skills
- Ability to react and successfully balance multiple competing priorities in a dynamic, fast paced work environment under strict time constraints
- Proven track record of taking initiative to research and resolve issues
- Able to work both independently and as part of a team
- Proficiency with MS Word, MS Excel, MS PowerPoint required, TM1, Wdesk , Sovos, and Microsoft Copilot
Hartford Investment Management Company (HIMCO) is the asset management arm of The Hartford Financial Services Group, Inc. (The Hartford). HIMCO is an insurance asset manager with over $100 billion in assets under management across the global fixed income, equity and alternatives markets. The firm manages assets on behalf of The Hartford, as well as insurance, sub-advisory and other institutional clients.
The Hartford is a Fortune 200 company, with approximately 18,500 employees worldwide. The company is a leading provider of property and casualty insurance, group benefits, mutual funds and other investment products. At The Hartford, we are committed to practicing our business in a sustainable way. We work to address environmental, social and economic needs and to do the right thing for our stakeholders.
As a condition of your employment for HIMCO, you will be required to affirm to HIMCO’s Code of Ethics and understand that you will be required to comply with the disclosure of accounts, holdings and pre-clearance of trades for the accounts of you and your household family members as more fully described in the Code of Ethics Key Points. If you will be deemed to be a “Covered Associate” under HIMCO’s Pay to Play Policy, you will also need to disclose all political contributions that you have given within the past 2 calendar years.
Compensation
The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:
$76,000 - $114,000
Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
Salary : $76,000 - $114,000