Senior Investment Accountant

Job Description

Job Description

Location: Glenview, IL (Primarily On-site)

A well-established insurance organization is seeking an experienced Senior Investment Accountant to join its finance team. This role is responsible for overseeing investment accounting operations, ensuring compliance with statutory reporting requirements, and supporting complex investment transactions. The ideal candidate will have a strong background in insurance investment accounting, statutory reporting, and investment accounting systems.

Key Responsibilities

• Oversee the daily activities of the outsourced investment accounting provider to ensure accuracy, timeliness, and compliance with service level agreements.

• Review and validate investment-related journal entries, reconciliations, valuations, and financial reports.

• Analyze complex investment transactions and determine the appropriate accounting treatment.

• Research, evaluate, and implement new accounting guidance and reporting requirements.

• Lead month-end and quarter-end investment accounting close processes.

• Prepare and review statutory investment schedules, including NAIC Schedules D, DA, BA, and E, along with related disclosures.

• Prepare fair value adjustments for impaired securities.

• Review and validate investment schedules for statutory filings, including investment income exhibits and realized/unrealized gain and loss exhibits.

• Assist in monitoring and replacing securities held in statutory deposits.

• Support surplus relief initiatives and investment reporting.

• Coordinate communications related to capital markets transactions with trustees, custodians, investment managers, financial guarantors, and rating agencies.

• Ensure compliance with contractual requirements associated with surplus relief reinsurance transactions.

• Mentor junior accounting staff and contribute to process improvements and operational efficiencies.

Required Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.

• Minimum of 7 years of investment accounting experience, preferably within the insurance or financial services industry.

• Strong knowledge of statutory accounting principles and NAIC reporting requirements.

• Experience working with outsourced investment accounting providers or custodians.

• Proficiency with Clearwater or a similar investment accounting platform.

• Advanced Microsoft Excel skills.

• Strong analytical, organizational, and problem-solving abilities.

• Excellent verbal and written communication skills.

Preferred Qualifications

• CPA, CFA, or actively pursuing a professional certification.

• Experience with private funds and alternative investments.

• Experience implementing new accounting standards and regulatory guidance.

• Exposure to process automation and system integration initiatives.

• Participation in employee engagement, volunteer, or community-building activities.

• Willingness to travel occasionally for business meetings or conferences.

• Flexible and adaptable to support broader organizational priorities.

Work Schedule & Benefits

• Primarily on-site position with limited remote work flexibility.

• Flexible scheduling benefits, including half-day Fridays and additional paid time off.

• Comprehensive benefits package including:

  • Medical, Dental, and Vision Insurance

  • Health Savings Account with employer contribution

  • Employer-paid Basic Life Insurance

  • Voluntary Life Insurance options

  • Short-Term and Long-Term Disability coverage

  • Paid Holidays, Vacation, Personal, and Sick Leave

  • 401(k) Retirement Plan with employer match

  • Profit-Sharing Plan (subject to eligibility)

Compensation: Salary is competitive and will be based on experience, qualifications, and relevant certifications.

Company Description

W3Global was established in 2006 in Fremont, CA with a vision: simplify the recruiting process and develop an industry-disrupting platform to connect candidates with clients. Our cutting-edge Applicant Tracking System enables us to find the right person for the right job, creating value for job seekers and employers. While W3Global initially focused on IT staffing, we have expanded the business to serve many other industries, including accounting and finance, legal, engineering, human resources, government and more.

We’re proud of the investments we’ve made in our team, having grown from four to 1000 employees and evolving into one of the leading recruitment and staffing solution providers in the industry. Our recruiters and account managers are passionate about connecting qualified professionals with the right positions in small, medium, and large companies.

Our Services
W3Global understands the natural ups and downs of an organization’s staffing needs. We are continuously adapting to industry and economic changes to find the right candidates.

We specialize in placing permanent, direct, contract, and temporary positions for companies of any size. Our recruiting services include sourcing, recruiting, screening, interview management, salary negotiations, training, and onboarding.

We are committed to helping organizations redefine their recruitment process by delivering our SaaS-based proprietary application tracking system software.

Our Expertise
W3Global has been delivering staffing solutions for nearly two decades; we know which recruiting strategies work best. Our expert team is committed to developing a customized solution to fit your company’s unique needs.

As a W3Global client, you’ll also receive personalized assistance from a seasoned team of staffing specialists. We are committed to providing both technical support and industry expertise to simplify the hiring process. We know that your time matters. W3Global will help you streamline the hiring process, getting it done and getting it right.

Company Description

W3Global was established in 2006 in Fremont, CA with a vision: simplify the recruiting process and develop an industry-disrupting platform to connect candidates with clients. Our cutting-edge Applicant Tracking System enables us to find the right person for the right job, creating value for job seekers and employers. While W3Global initially focused on IT staffing, we have expanded the business to serve many other industries, including accounting and finance, legal, engineering, human resources, government and more.\r\n\r\nWe’re proud of the investments we’ve made in our team, having grown from four to 1000 employees and evolving into one of the leading recruitment and staffing solution providers in the industry. Our recruiters and account managers are passionate about connecting qualified professionals with the right positions in small, medium, and large companies.\r\n\r\nOur Services\r\nW3Global understands the natural ups and downs of an organization’s staffing needs. We are continuously adapting to industry and economic changes to find the right candidates.\r\n\r\nWe specialize in placing permanent, direct, contract, and temporary positions for companies of any size. Our recruiting services include sourcing, recruiting, screening, interview management, salary negotiations, training, and onboarding.\r\n\r\nWe are committed to helping organizations redefine their recruitment process by delivering our SaaS-based proprietary application tracking system software.\r\n\r\nOur Expertise\r\nW3Global has been delivering staffing solutions for nearly two decades; we know which recruiting strategies work best. Our expert team is committed to developing a customized solution to fit your company’s unique needs.\r\n\r\nAs a W3Global client, you’ll also receive personalized assistance from a seasoned team of staffing specialists. We are committed to providing both technical support and industry expertise to simplify the hiring process. We know that your time matters. W3Global will help you streamline the hiring process, getting it done and getting it right.