AVP, Investment Accounting

Overview

Come join one of America’s fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Our mission extends beyond the insurance and annuities policies that we offer, including grants from our charitable foundation, paid volunteer time for our employees, environmentally sustainable and healthy workplaces, and events that promote nonprofit work.

We foster a collaborative environment with opportunities for growth and encourage our associates to live our values:
Do good. Be good. Make good.

Please note that we do not offer visa sponsorship for this position.

Position Summary:

The AVP of Investment Accounting will provide professional management and oversight for the investment accounting activities of the organization. Responsible for internal and external investment accounting needs, including the review and development of existing and new GAAP and statutory reports, implementation of new information technology, and assistance of new investment accounting initiatives with other business partners. The successful candidate will play a key role in supporting NLG Capital in executing our investment strategy across all asset classes, ensuring the financial security of the company.

Asset class focus will be broad-based but experience with alternative investments such as private equity, private credit and CLOs is key. This role is expected to serve as a catalyst for building a next-generation investment accounting team, leveraging advanced technology to create a scalable, intelligent, and resilient accounting function. The Director of Investment Accounting reports to the Controller.

• Responsible for the Investment Accounting function, including oversight and direction of GAAP and statutory accounting, reporting for all asset classes in the Company’s consolidated investment portfolio
• Including, but not limited to Bonds, RMLs, CMLs, alternative investments, debt and equity securities, private equity/private placements, and other financial instruments
• Ensure accurate month-end, quarter-end and annual reporting of balances relating to investment assets, liabilities, income and expenses on a GAAP and statutory basis of accounting
• Build and maintain external relationships with auditors, vendors and other business partners
• Build and maintain internal relationships with diverse lines of businesses and other parts of the organization, including financial reporting, tax, treasury, and investment operations to support their specific needs
• Assist management in the development of key business indicators, metrics, analytic reports, and investment-related strategies. Communicate with business leaders and internal business partners on the same
• Stay abreast of financial reporting and regulatory developments related to investment accounting
• Manage a team of investment accounting professionals, including establishing and monitoring goals, reviewing work completed by team on a timely basis, and ensuring proper communication of investment accounting and corporate policies, practices, and performance
• Demonstrated ability to deploy generative AI tools to enhance reporting, audit support, and regulatory documentation processes is a strong plus

• 14+ years of investment accounting experience and financial reporting
• Bachelor's degree, concentration in accounting
• CPA (preferred)
• Solid experience with US GAAP and Statutory Accounting as it relates to simple and complex investment products within the insurance industry, including expertise with private credit
• Proven ability to meet daily/monthly/quarterly/annual deliverables
• Ability to anticipate, identify and resolve financial issues
• Ability to continually manage multiple priorities
• Curiosity about emerging technologies and their application in regulated environments
• Bias toward innovation and experimentation within strong governance frameworks

The base pay range for this position is $181,875 - $266,750 USD. The final salary may be outside this range based on factors such as experience, education, and market conditions. The total…