Head of Investment Accounting

Argonaut Management Services, Inc
Chicago, IL Full Time
POSTED ON 7/20/2024 CLOSED ON 8/9/2024

What are the responsibilities and job description for the Head of Investment Accounting position at Argonaut Management Services, Inc?

Argo Group is a leader in specialty insurance with a vibrant culture built on respect, equality, wellness and opportunity. We're an innovative organization that's small enough to be agile and big enough to make a difference in our industry.

Our flexible workplace is continuously evolving to ensure all employees feel:

  • Comfortable bringing their whole selves to work.
  • Confident that they will be treated respectfully.
  • Recognized for their performance and provided with equal opportunities to succeed.

At Argo, skill meets opportunity. If you're wired to raise your hand and ask, "Where can I help?", you'll thrive with us.

Argo Group US is a national underwriter of specialty insurance in niche areas of the property-casualty market. Focused on the success of each of our customers, Argo Group offers specialty coverage through its subsidiaries. Our full line of high-quality products and services is designed to meet the unique coverage and claim-handling needs of our Excess and Surplus Lines and Commercial Specialty segments.

Argo Group US currently has an exciting and challenging opportunity for a Head of Investment Accounting in our offices located in New York City, NY, Chicago, IL, or San Antonio, TX. This team supports the various US business unit leaders in the technical accounting for their various specialty lines.

This position will work a hybrid-schedule of 3 days in the office each week.

The primary responsibilities are:

  • Ensure accurate and timely compilation of accounting information, analysis and reporting in accordance with Generally Accepted Accounting Principles (GAAP).
  • Oversee and manage the Investment Accounting financial processing and reporting for all Investment Accounting.
  • Analyze, research and document complex investment transactions or new accounting standards.
  • Coordinate and maintain strong relations with Asset Managers.
  • Oversee and manage month-end, quarter-end and year-end accounting close and reporting for Investment accounting. Activities performed include the preparation of journal entries, financial analysis, account reconciliations and reporting to internal and external stakeholders.
  • Manage the daily activities of the investment accounting team.
  • Manage and produce investment reporting schedules and disclosures for the Statutory annual statements.
  • Assist with internal and external audit requests.
  • Ensure compliance with Sarbanes-Oxley internal control requirements.

The job requirements are:

  • Bachelor's degree in accounting from a four-year college or university
  • Clear knowledge and proven abilities in investment accounting and portfolio management/analysis and a minimum of 10 years of accounting experience, preferably investment accounting or analysis in a property/casualty insurance environment
  • 1-3 years of experience managing a team of accountants/support staff
  • Excellent analytical, problem-solving and verbal/written communication skills
  • Strong organizational skills with the ability to manage, prioritize and effectively meet deadlines for multiple assignments simultaneously
  • Strong teamwork skills and display professional leadership demeanor
  • Remain flexible in a fast paced environment and possess a customer focused attitude
  • Proficient PC skills, particularly in Excel, Access and Word. Skills in accounting and investment software preferred (i.e. Clearwater).

PLEASE NOTE: At this time, Argo Group will not sponsor an applicant for employment authorization for this position.

If you have a disability under the Americans with Disabilities Act or a similar law and you wish to discuss potential accommodations related to applying for employment at Argo Group, please contact our Benefits Department at 210-321-8400.

To all recruitment agencies: Unless you have been requested to work on this position, or other positions with Argo Group, please do not forward any resumes to Argo Group employees. Argo Group is not responsible for any fees related to unsolicited resumes.

PLEASE NOTE: At this time, Argo Group will not sponsor an applicant for employment authorization for this position.

If you have a disability under the Americans with Disabilities Act or a similar law and you wish to discuss potential accommodations related to applying for employment at Argo Group, please contact our Benefits Department at 210-321-8400.

To all recruitment agencies: Unless you have been requested to work on this position, or other positions with Argo Group, please do not forward any resumes to Argo Group employees. Argo Group is not responsible for any fees related to unsolicited resumes.

Argo Group International Holdings, Ltd. is an underwriter of specialty insurance products in the property and casualty market. Argo offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses. The company is a wholly owned subsidiary of Brookfield Reinsurance Ltd. Argo and its insurance subsidiaries are rated A-' by Standard and Poor's. Argo's insurance subsidiaries are rated A-' by A.M. Best. More information about Argo is available at www.argogroup.com.

We are an Equal Opportunity Employer. We do not discriminate on the basis of age, ancestry, color, gender, gender expression, gender identity, genetic information, marital status, national origin or citizenship (including language use restrictions), denial of family and medical care leave, disability (mental and physical) , including HIV and AIDS, medical condition (including cancer and genetic characteristics), race, religious creed (including religious dress and grooming practices), sex (including pregnancy, child birth, breastfeeding, and medical conditions related to pregnancy, child birth or breastfeeding), sexual orientation, military or veteran status, or other status protected by laws or regulations in the locations where we operate. We do not tolerate discrimination or harassment based on any of these characteristics.

The collection of your personal information is subject to our HR Privacy Notice

Our Benefits

Developing our employees professionally and personally strengthens our organization.
Argo Group offers an attractive Total Rewards package that includes:

  • A culture that recognizes performance and empowers employees to excel, offering competitive compensation and merit driven profit sharing.

  • Flexible workplace policies that support employee well-being include compressed hours, flex-time, job-sharing, remote work, sabbatical leave, and holiday hours.

  • Comprehensive health, wellness, and financial planning options that employees can tailor to meet their personal and family needs. In addition to traditional health and wellness plans, benefits include dental, disability, life insurance, medical, and vision insurance, matching 401(k) retirement savings, generous paid time off (21 days of PTO, 11 paid company holidays, 3 floating holidays and a paid voluntary day), paid caregiver and parental leave, paid bereavement, jury duty/court appearances, and military (up to 14 days) leave, employee assistance program (EAP), and an array of voluntary benefits.

  • Argo Academy, a digital and instructor-led platform that offers continuous learning and professional development - Training magazine lists Argo among the Training "Top 125" Companies. Argo encourages career mobility and continuing education to pursue and maintain professional and industry designations, in addition to traditional university and higher education programs.

  • An inclusive culture that develops and sponsors diverse teams, encourages cross-functional engagement and collaboration, builds community through employee resource groups (ERGs), and provides an environment that welcomes ongoing dialogue, creative innovation, professional and personal development.

  • Active community outreach and volunteer programs.

  • A generous Employee Referral program that results in approximately 25% of all new hires annually.

 

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