We have partnered with our client in their search for a senior-level Investment Accounting Consultant to provide investment accounting oversight, review support, and knowledge transfer during a critical period of transition. This individual will serve as a subject matter expert focused on statutory investment reporting, Schedule D review, fixed income accounting, NAIC filings, and year-end close activities.
This role is not a day-to-day preparer position. Instead, the consultant will operate as a reviewer and advisor, validating work products, identifying potential reporting issues, strengthening controls, and ensuring continuity of knowledge and operations within the investment accounting function.
Key Responsibilities
- Review and oversee statutory investment accounting and reporting activities.
- Perform detailed review of Schedule D reporting and related investment disclosures.
- Review and validate NAIC filings for accuracy and compliance.
- Provide guidance on fixed income investment accounting, including valuation, amortization, and reporting considerations.
- Support year-end close activities related to the investment portfolio.
- Review investment accounting reconciliations, controls, and reporting processes.
- Partner with accounting, finance, and investment teams to resolve complex accounting issues.
- Serve as a technical resource and mentor to less experienced team members.
- Identify process risks, reporting concerns, and opportunities for improvement.
- Facilitate knowledge transfer and operational continuity ahead of an upcoming retirement.
Required Qualifications
- 15+ years of insurance investment accounting experience.
- Strong background in statutory (STAT) reporting.
- Deep expertise with Schedule D reporting, preferably at a review or approval level.
- Extensive fixed income accounting experience.
- Experience reviewing and validating NAIC filings.
- Prior year-end close support experience within an insurance investment accounting environment.
- Experience serving as a reviewer, approver, or SME rather than exclusively a preparer.
- Strong understanding of investment accounting reconciliations, controls, and reporting processes.
- Proven ability to provide knowledge transfer and operational support during leadership or staffing transitions.
- Excellent communication and stakeholder management skills.
Preferred Qualifications
- Life insurance and retirement industry experience.
- PAM (Portfolio Accounting Manager) experience.
- Experience working in large insurance company investment accounting environments.
- Prior leadership experience at the Senior Manager or Director level.
Ideal Candidate Profile
- Senior Manager or Director-level investment accounting professional.
- Hands-on technical expert capable of rolling up sleeves while remaining focused on review and oversight responsibilities.
- Comfortable advising teams, challenging assumptions, and identifying reporting risks.
- Strong collaborator who can effectively partner with accounting, finance, treasury, and investment management stakeholders.
Key Technical Areas
- Statutory Accounting (STAT)
- Schedule D Reporting
- NAIC Filings
- Fixed Income Investments
- Investment Accounting Controls
- Investment Reconciliations
- Year-End Close
- PAM (Preferred)
Title Sr Investment Accountant
Location New York City (Hybrid)
Client Industry Insurance
Compensation $80-$85/hr
About Korn Ferry
Korn Ferry unleashes potential in people, teams, and organizations. We work with our clients to design optimal organization structures, roles, and responsibilities. We help them hire the right people and advise them on how to reward and motivate their workforce while developing professionals as they navigate and advance their careers. To learn more, please visit Korn Ferry at www.Kornferry.com
