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Investment Accountant Sr

Location Princeton, United States Job type Full-Time Work mode Hybrid Job level Professional Job ID 13890 Company Munich Re America Services Employment type Regular Area of expertise Finance, Accounting & Controlling
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Investment Accountant Sr

Applicants, including applicants holding a valid CPT/OPT visa, who will require employer sponsorship of a visa now or in the future will not be considered for this position.

We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients. 

The Company

As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help our clients stay competitive – from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.

The Opportunity

Responsible for supporting Munich Re America Services investment accounting function, including the preparation or review of balancing schedules, Munich Re required schedules, financial statement footnotes and disclosures, as well as management, regulatory and rating agency investment reporting. These activities encompass from one to three accounting bases and involve complex and at times, time sensitive tasks. The position also encompasses working on Investment Accounting related projects as well as working with the third-party accounting agent supporting the investment accounting process.

Responsibilities:

  • Responsible for the timely analysis, reconciliation and balancing of the monthly service provider investment interface package as well as the completion and review of the data tied to the global investment database within prescribed deadlines. This includes compiling and reconciling  investment interface information and identifying and resolving reconciling items. As well as communicating issues of significance to various parties, including the Munich Re  global investment database Data Management Team, the third-party accounting agent, Munich Re America's asset manager, as well as management personnel.
  • Prepare monthly and quarterly variance analysis and review plausibility checks associated with affiliated investment interface files.
  • Assist Investment Accounting Lead & Manager on various projects, as requested. To include:
  • ensure monthly, quarterly and annual investment financial filings and reports (including financial statement footnotes) are correct and in accordance with regulatory, management and inter¬ departmental guidelines. Review and maintain supporting documentation for internal and external audits, GAAP/STAT/IFRS statements and monthly investment interface deliverables.
  • Responsible for the timely analysis, reconciliation and balancing of the monthly service provider investment interface package as well as the completion and review of the data tied to the global investment database within prescribed deadlines. This includes compiling and reconciling  investment interface information and identifying and resolving reconciling items. As well as communicating issues of significance to various parties, including the Munich Re  global investment database Data Management Team, the third-party accounting agent, Munich Re America's asset manager, as well as management personnel.
  • Prepare monthly and quarterly variance analysis and review plausibility checks associated with affiliated investment interface files.
  • Assist Investment Accounting Lead & Manager on various projects, as requested. To include:
    • ensure monthly, quarterly and annual investment financial filings and reports (including financial statement footnotes) are correct and in accordance with regulatory, management and inter departmental guidelines. Review and maintain supporting documentation for internal and external audits, GAAP/STAT/IFRS statements and monthly investment interface deliverables.

Qualifications:

Successful candidates will possess the following skills/capabilities Bookkeeping and/or accounting experience

  • Bachelor’s degree in accounting, finance or equivalent experience. CPA and/or MBA credentials.
  • Professional experience of 4 +years in the insurance sector, with a strong background in investment  accounting, financial reporting or auditing.                     
  • Strong analytical skills, with the ability to articulate ideas clearly in written and verbal form.
  • Strong time management skills and the ability to adhere to strict deadlines.
  • Ability to think critically, analyze, prioritize, take initiative and problem-solve under pressure.
  • Strong knowledge of US statutory and GAAP accounting principles is essential, and a working understanding of IFRS accounting guidance is highly preferred.
  • Proficiency in Excel and experience with financial systems or investment software such as PAM, Aladdin, Clearwater, or CAMRA.
  • Strong team orientation, collaborating with co-workers to develop and implement solutions

The Company is open to considering candidates in Princeton, NJ. The salary range posted below applies to the Company’s Princeton location. The base salary range anticipated for this position is $106,000 - $155,000 plus opportunity for company bonus based upon a percentage of eligible pay.  In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).  The salary estimate displayed represents the typical salary range for candidates hired in this position in Princeton, NJ. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role. Most candidates will start in the bottom half of the range.  

At Munich Re, we see Diversity, Equity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.    

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

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Your Benefits

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary

We provide fair and competitive compensation that reflects your performance and commitment.

Company performance-based Incentives

In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.

Recognition and Special Rewards

We recognise outstanding individual contributions through a variety of targeted rewards and incentives.

Retirement Planning

We support your long-term financial wellbeing with retirement solutions aligned with local regulations.

Inclusive Workplace Culture

We foster a respectful, inclusive, and values-driven environment.

Learning & Development

We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.

Work-Life-Balance

Supporting your ability to balance family, leisure, and your career.

Health & Wellbeing

We support your physical and mental health through a range of programs and activities in each location.

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