Investment Accounting and Reporting Advisor

Investment Accounting and Reporting Advisor

As an Investment Accounting and Reporting Advisor at Symetra, you will play a pivotal role as a key individual contributor within Symetra’s Investment Accounting & Reporting team. This position demands technical accounting and reporting expertise across a diverse range of investment assets. You will work in close partnership with the Director to manage regulatory and reporting updates, offer guidance on complex transactions and new investment structures, ensure strict compliance with US GAAP and NAIC Statutory standards, and provide crucial insights on asset valuations and capital/RBC considerations. This role is ideal for a proactive, analytical professional who possesses strong technical knowledge and embraces a collaborative approach across the organization.

What You Will Do

• Research and provide practical guidance on accounting treatments for diverse asset types, including traditional investments, mortgage loans, private equity, alternative assets, derivatives, and new products or entity structures.
• Advise leadership on accounting implications of new investments and emerging guidance.
• Deliver transaction advisory support on the implementation of new accounting standards in collaboration with the Investment Accounting Policy Specialist.
• Serve as a trusted advisor to internal teams and stakeholders, including Enterprise and Financial Reporting, Investment Advisors, Tax, and Actuarial, by translating complex accounting concepts into actionable recommendations aligned with strategic objectives.
• Assess the impact of regulatory and accounting developments on Investment Accounting and Reporting processes and ensure policies remain appropriate and effectively implemented.
• Provide VIE and consolidation analysis on new limited partnership positions.
• Prepare, review, and present technical memos and documentation related to accounting treatments and transactions.
• Lead ad hoc projects, including the implementation of new accounting standards and other initiatives within Investment Accounting and Reporting.

What We Offer You

We don’t take a “one-size-fits-all” approach when it comes to our employees. Our programs are designed to make your life better both at work and at home.

Benefits and Perks

• Flexible full-time or hybrid telecommuting arrangements.
• Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%.
• Paid time away including vacation and sick time, flex days and ten paid holidays.
• Give back to your community and double your impact through our company matching.

Compensation

Salary Range: $113,700 - $189,400 plus eligibility for the company annual bonus program.

Who You Are

• High School Diploma is required. BA/BS in Accounting or Finance with 5+ years of experience in public accounting and/or financial services, including broad exposure to investment accounting.
• Strong technical accounting background, including advanced knowledge of US GAAP, working knowledge of NAIC Statutory accounting (IFRS a plus), and experience with technical accounting policy, advisory, or consulting; CPA or CPA-eligible preferred.
• Experience preparing and reviewing financial statements and footnote disclosures, performing technical accounting research, and supporting accounting conclusions; VIE consolidation experience a plus.
• Proven ability to manage projects such as implementing new accounting standards, with familiarity in internal controls over financial reporting and related documentation.
• Excellent written and verbal communication skills, with the ability to collaborate across business units and levels.
• Highly organized, self-directed, and adaptable professional with strong problem-solving skills and flexibility to meet deadlines during peak reporting periods.

Remote Network Minimum Requirements

As a remote-first organization committed to providing a positive experience for both employees and customers, Symetra has the following standards for employees’ internet connection:

• Minimum Internet Speed: 100 Mbps download and 20 Mbps upload, in alignment with the FCC's definition of "broadband."
• Internet Type: Fiber, Cable (e.g., Comcast, Spectrum), or DSL.
• Not Permissible: Satellite (e.g., Starlink), cellular broadband (hotspot or otherwise), any other wireless technology, or wired dial-up.

When applying to jobs at Symetra, you’ll be asked to test your internet speed and confirm that your internet connection meets or exceeds Symetra’s standard as outlined above.

Key skills/competency

• Investment Accounting
• US GAAP
• NAIC Statutory Accounting
• Financial Reporting
• Technical Accounting Research
• Complex Transactions
• Asset Valuation
• Accounting Policy
• Project Management
• VIE Consolidation