What are the responsibilities and job description for the Director, Investment Accounting position at Everest Global Services, Inc.?
Title: Director, Investment Accounting Company: Everest Global Services, Inc. Job Category: Finance Job Description: About Everest: Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups. Job Summary: To support this, we are currently looking for a Director of Investment Accounting in our Warren, New Jersey headquarters. You will interact and support several aspects of accounting, financial analysis, and reporting for the group. This is a remote-hybrid position working 3 days in office, 2 remote. Responsibilities include but are not limited to: Accounting and reporting of investments on a GAAP and Statutory basis. Support the management of the monthly and quarterly investment close process. Preparation and or review of various U. S. statutory investment schedules. Preparation and or review of various U.S. GAAP investment disclosures. Support local reporting of foreign branches and subsidiaries. Coordinate with financial reporting and investment management teams. Support the preparation of standard and ad-hoc reports for senior leadership. Establishing and maintaining internal controls. Research accounting issues for new investment structures and coordinate any changes required in workflow and operations. Assist with the review of fair value of investments and related impairment analysis. Providing monthly, quarterly, and year-end analyses along with account reconciliations. Assist with ad-hoc analyses and strategic projects determined by the needs of senior management. Work Experience and Qualifications 7 years of experience in accounting; public accounting and public company reporting environment a plus. Solid understanding of investment accounting and reporting under U.S. GAAP. Experience with U.S. insurance statutory accounting and reporting a plus. Leadership skills and ability to motivate and develop staff. Strong analytical and problem-solving skills. Highly skilled in math, accounting, and financial processes. Excellent communication and interpersonal skills. Detail oriented and highly organized. Skilled in time management and the ability to prioritize tasks. Highly proficient with Excel. Excellent critical thinking skills. Bachelor’s degree (or equivalent degree) in accounting. Certified Public Accountant (or equivalent certification) preferred. Knowledge of PAM and Bloomberg a plus. Insurance/ reinsurance industry experience a plus. Our Culture At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion. Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together. All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve. #LI-Hybrid #LI-KG1 Type: Regular Time Type: Full time Primary Location: Warren, NJ Additional Locations: Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at everestbenefits@everestglobal.com. Everest U.S. Privacy Notice | Everest (everestglobal.com) Beware of recruitment fraud Please be cautious of phishing scams involving fake Everest job postings and individuals posting as Everest representatives making phony job offers. Always verify the identity of the recruiting professionals you work with. What you should know: At Everest, your privacy, security, and safety are of utmost importance to us. Everest will never ask for payment or any financial information as part of the hiring process. All job-related written communications from our internal recruitment team will come from official email addresses that end in our company domain. EVEREST is a leading international reinsurance and insurance group with an extensive distribution network that spans five continents. With roots dating back to 1973, Everest has developed a global footprint and deep client relationships that are largely unmatched by its peers. The Company’s principal business strategies seek to leverage its strengths to optimize returns over the underwriting cycle, thereby creating value for its shareholders and business partners.
