Job Type: Full-Time

Location: New York, NY (Hybrid)

Company Description

Winthrop Capital Management was founded in 2007. We implement value-oriented investment strategies in both equity and fixed income portfolios and serve both institutional and individual investors. Our goal is to provide outstanding long-term investment performance results consistent with the risk tolerance and investment constraints of each client. We seek to provide the highest level of service to our clients to help them achieve their investment objectives.

Position Overview

The Senior Investment Accountant is responsible for ensuring the timely and accurate reporting and analysis related to investment accounting. This role specifically addresses the investments held in the General Account of our insurance company clients.

Responsibilities:

•General Account:

•Responsible for various aspects of accounting, reporting and analytics of the fixed income and equity investment portfolios
•Prepare monthly and quarterly accruals for various funds and investments
•Review and correct vendor accounting data by performing validations and enhancing various pre-close tasks
•Prepare Fair Value adjustments required for impaired securities
•Perform the accounting for IMR and AVR
•Account for Limited Partnerships, Private Placements, and other Alternative investments
•Prepare monthly accounting statements and ensure proper reinsurance settlements
•Prepare, review, and validate Investments Schedules for Statutory Filings, including Investment Income Exhibits, Realized/Unrealized Gain/Loss Exhibits and prepare related footnote disclosures
•Assist with monitoring and replacing securities in statutory deposits
•Validation of Vendor’s financial reports

•Other:

•Document policies & procedures
•Assist in developing ad hoc analysis at client’s request
•Assist in satisfying the requests of internal and external auditors
•Assist Financial Reporting with completing rating agency surveys (i.e..; S&P, Fitch, AM Best)

Required Qualifications:

• BS/BA Degree in Accounting
• Very strong investment accounting experience with 3-5 years in insurance investment accounting for the General Account
• High technical aptitude
• Strong Excel skills
• Strong analytical and sound decision making skills, ability to work independently
• Excellent written & oral communication with strong interpersonal skills

Preferred Qualifications:

• CPA
• Familiarity with VBA, SQL and Bloomberg functionality

What We Offer You:

• Competitive base salary
• Annual Bonus
• Comprehensive Benefits Package (medical, dental, and vision)
• 401(k) Contribution: You will be eligible to receive up to 3% of your pay (salary and incentive compensation) in company contributions
• Paid time off: 20 days plus two floating personal holidays

The salary range below describes the minimum to maximum base salary range for this role. The role is also eligible for an annual bonus, whereby total compensation may exceed this range depending on individual and / or company performance.

Base Salary Range:
$85,000 – $115,000

To apply, please send an updated, resume to:

Gregory Hahn
10201 N. Illinois Street,
Suite 275
Carmel, IN 46290

Or send via email to
[email protected]

All resumes are considered confidential.
Winthrop Capital Management is an equal opportunity employer.
Posted on 8/23/2023

Visit www.winthropcm.com for additional details about life at Winthrop Capital Management.