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FM is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles.

Summary:

FM is seeking a candidate to lead the investment accounting and financial reporting team for investments and derivatives across our various global insurance and non-insurance entities ensuring the accuracy of the investment results on a GAAP and statutory basis. This position will also support continued process enhancements related to achieving an accelerated close that produces timely, accurate and complete investment accounting results in an efficient manner. All candidates must, in addition to possessing the specific qualifications cited below, work well within a complex, fast-paced, fluid environment, while demonstrating strong organizational and interpersonal skills.

Schedule & Location:

This is a full-time office-based position in Waltham, MA. Four days per week of work are required on-site, with flexibility for one remote day per week. Core on-site workdays are Monday, Wednesday, and Thursday. Employee may choose to work remotely on either Tuesday or Friday.

+ Creates an environment whereby the team is inspired, engaged and motivated by identifying opportunities to learn and grow

+ Plays a key role in leading a collaborative and inclusive culture by working closely with Investment Management Operations, Investment Managers and other global Controllers teams

+ Manage the monthly reconciliations between the ledger and investment systems ensuring the accuracy of the financial statement results

+ Oversee preparation of the monthly analytics report and present findings to various stakeholders

+ Responsible for review, accuracy, and timely completion of investment footnotes and NAIC schedules

+ Execute on process re-design in conjunction with an investment accounting system conversion and changes in our investment strategies

+ Execute processes and controls that support the investment accounting processes

+ Serve as a point of contact for external auditors on all investment related matters

+ Perform control functions in compliance with NAIC Model Audit Rule and the Company’s internal control structure

+ Perform frequent ad hoc analysis and assist with special projects, as requested

Required Education:

+ Bachelor’s degree in Accounting, Finance, or related field

Highly Preferred Education:

+ Masters Degree in Accounting, Finance, or related field

+ CPA, CFA, CMA, or equivalent designations

Required Work Experience:

+ 7+ years of relevant experience in Investment Accounting and/or Investment Operations

+ Foundational understanding of the upstream processes and impacts to downstream accounting

+ 3+ years managing a team

+ Investment GAAP experience

+ 3+ years of statutory accounting experience

Highly Preferred Work Experience:

+ Experience at an insurance company

+ Experience in successful process redesign from system enhancements and conversion

+ Experience with different investment types and structures

Required Skills:

+ Pro-active, detail oriented, deadline driven

+ Possess excellent documentation and analytical skills

+ Results oriented, flexible, self-motivated, and able to work in a team environment with limited direct supervision

+ Excellent written and oral communication skills

+ Able to work well in a dynamic and agile environment while leading the team in execution of various priorities and related deliverables

+ Able to build and maintain strong working relationships across cross-functional groups

The hiring range for this position is $156,400 - $224,800 annually. The final salary offer will vary based on individual education, skills, and experience. The position is eligible to participate in FM’s comprehensive Total Rewards program that includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances and much more.

FM is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.

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