Senior Investment Accountant - Vantage Risk Companies

About the Company

Vantage Group Holdings Ltd. (Vantage) was established in late 2020 as a re/insurance partner designed for the future. Driven by relentless curiosity, our team of trusted experts provides a fresh perspective on our clients’ risks. We add creativity to tech-enabled efficiency and robust analytics to address risks others avoid. Vantage provides specialty re/insurance through its operating subsidiaries in Bermuda and the U.S.

Vantage has approximately 340 colleagues in both the United States and Bermuda.  We have offices in Chicago, IL, Norwalk, CT, Alexandria, VA, Boston, MA, New York, NY, and Hamilton, Bermuda. Additionally, we are a highly geographically diverse workforce with colleagues based in 25 states and counting. We fully support work flexibility including remote and hybrid work arrangements.

Role: Senior Investment Accountant 

Reporting to the Vice President, Corporate Accounting, the Senior Investment Accountant is primarily responsible for investment accounting and analysis of financial data as it relates to the Company’s investment portfolio. The role includes involvement with the quarterly investment accounting close, assisting with various reconciliations, investment accounting disclosures, and liaising with portfolio managers, custodians and other external third-party service providers on an ongoing basis to ensure that investment accounting related matters are resolved on a timely basis.  In addition, the Senior Accountant will assist with other accounting activities for the Company’s Corporate segment, including the design and execution of the internal control framework, as well as tactical process improvement initiatives.

The base salary expectation for this role is between $90,000 and $125,000. Actual base salary for the selected candidate may be higher commensurate with candidate experience and expectations. Additionally, Vantage offers its colleagues performance-based bonus potential, strong health & welfare benefits, retirement plans with company match, competitive time off plans, a highly flexible work environment, and much more.

Responsibilities:

• Review, on an ongoing basis, the data integrity of the Clearwater accounting system, liaising with contacts at Clearwater to resolve identified issues timely.
• Analyze variances, highlighting potential inaccurate trade bookings or accounting treatment, and creating exception reports to identify potential data issues.
• Review journal entries for entities’ investment portfolios on a quarterly basis.
• Oversee and review the processing for intercompany securities transactions and investment clearing on monthly basis.
• Assist in preparing and analyzing quarterly investment accounting reports as required by executive management, including financial reports, in accordance with GAAP & Statutory Accounting Principles.
• Assist the corporate finance team with non-investment related close processes, including:
  • Prepare detailed monthly and quarterly journal entries, including but not limited to; equity accounts, fixed and intangible assets, stock comp, etc.
  • Prepare account reconciliations.
  • Prepare and maintain the appropriate level of workpapers and process & control documentation.
  • Assist in the preparation of financial statements and related footnotes, including:
  • Consolidated US GAAP financial statements.
  • Regulatory financial statements (US Statutory and Bermuda).
  • Maintain internal controls over financial reporting (SOX and MAR).
  • Liaise with external audit team.
  • Support special project work.

Qualifications:

• Bachelor’s degree in accounting required.
• CPA designation or candidacy and action plan required.
• Experience with Clearwater Investment Accounting System required.
• 2+ years accounting experience in Re/Insurance Industry.
• Public accounting / “Big 4” experience.
• Statutory basis accounting knowledge.
• Experience with preparing US GAAP and US Statutory financial statements and footnotes.

Vantage Values

Do What’s Right – be a force for good,for our customers, shareholders, colleagues, industry and communities

Be Relentlessly Curious – ask questions, listen to understand, challenge the status quo, look for ways to say YES, drive innovation, be opportunistic and disciplined

We’re Better Together– collaborate, be inclusive, supportive, respectful and humble, be a trusted partner internally and externally

Be Transparent – in who you are, what you think, and how you work, seek and provide alternative points of view, be true to yourself

Make A Difference –focus on impact, embrace technology, leverage data and analytics as critical assets, act intentionally to deliver on our mission