AVP, Derivatives Accounting

Overview

As Manager of Derivatives Accounting, you will oversee GAAP and statutory accounting close, financial reporting, and analytics for the company’s derivatives portfolio. You will report to the Head of Derivatives Accounting and work closely with third‑party investment accounting service providers and asset managers to ensure accurate and complete investment accounting records. You will also collaborate with the Reporting team to ensure appropriate GAAP and statutory reporting and disclosures, and with Finance to support analysis and communication of investment results.
Duties and Responsibilities

Serve as a subject matter expert on accounting and reporting for derivatives
Oversee and perform the monthly accounting close over derivatives
Perform balance sheet and income statement attribution and variance analysis
Manage relationship with third‑party accounting vendor to properly account for derivatives
Compile and/or review footnotes and schedules for U.S. GAAP and Statutory financial statements
Collaborate with Investment Front Office on new derivative strategies or investment managers
Evaluate investment results and prepare and communicate analytics package to finance leaders
Research accounting and reporting guidance on new derivative strategies or instruments
Identify manual journal entries needed for accurate financial results; prepare and review manual journal entries
Consult with Investment Management, Third‑Party Asset Managers, and Cedants
Execute key internal financial controls to ensure accurate investment accounting results
Assist and develop junior staff on daily, monthly, and quarterly tasks
Provide reporting and supplemental information to reinsurance cedants
Support an environment of continuous improvement
Qualifications

Bachelor’s degree in Accounting or Finance required
Certified Public Accountant preferred
6–10+ years of experience with 4+ years of derivatives accounting and/or insurance industry experience required
Expertise in US GAAP and Statutory Accounting Principles
Experience with Clearwater Analytics or Third‑Party Investment Accounting model preferred
Strong research, verbal and written communication skills
Confidence, credibility and character to liaise across corporate functions
Demonstrated leadership skills and ability to develop, coach, and train others in an organizational setting
Sense of urgency and high degree of flexibility – ability to conform to shifting priorities, demands, and timelines
Strong focus on stakeholder satisfaction and consistently works to provide a high level of service
Ability to act independently in identifying problems while exhibiting judgement and a realistic understanding of issues and interdependencies
Strong problem‑solving and decision‑making skills
High level of interpersonal skills, integrity and ethics
Self‑starter with a collaborative approach who values and encourages teamwork
Proficiency with Microsoft Office software
Location

West Chester, PA, New York, NY (Hybrid – 3 days per week in the office)
Benefits and Compensation

Resolution Life US offers a comprehensive benefits package, including a health & wellness program, incentive and recognition programs, and 401(k) contribution (subject to eligibility). Salary range reflects figures based on the primary location.
WestChester, PA – $117,000–$153,000
NewYork, NY – $127,500–$167,000

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