Manager Investment Accounting

Who We Are

Everlake, a leading life insurance company headquartered in Northbrook IL with offices in Chicago IL and Lincoln NE, is conducting a search for a Manager-Investment Accounting to join our growing team. If you have a passion for business, value working in a dynamic team environment and are ready to roll up your sleeves to help us achieve best in class results, then this may be the role for you. At Everlake, you will find the dynamics of a small entrepreneurial organization and the strength of a big corporation rolled into one. We think big and evolve quickly, backed by a collaborative mindset and a solid financial foundation.

Position Summary

The Manager-Investment Accounting will be responsible for managing the accounting for the assets that support Everlake’s new reinsurance transactions. This individual will provide accounting insight on investment decisions, perform analysis of investment results, and engage with cedents and the external investment ma nager to ensure accurate accounting. The Manager-Investment Accounting will need to develop a deep understanding of the reinsurance transactions, inc l uding investment guidelines and trust requirements. This individual will work closely with Everlake’s Investment and Corporate Development teams, Everlake’s external investment manager, and third party cedents.

This role requires attention to detail and strong communication skills. The successful candidate must be intellectually curious, detail oriented, and able to operate effectively within a dynamic and evolving organization.

Key Responsibilities

· Manage the accounting for the investments that support new reinsurance transactions by developing a detailed understanding of the reinsurance transactions, investment strategy, and investment structures

· Work directly with Everlake’s Investment team and 3 rd party cedents to ensure investment transactions are recorded completely and accurately

· Identify issues and process improvements and work with Investments, Everlake’s external investment manager, Clearwater investment software, and cedents to implement solutions and resolve issues

· Support the timely and accurate preparation and review of Statutory and GAAP financial statements and ensure compliance with relevant regulations, guidance and reinsurance agreements

Qualifications

· Bachelor’s degree in Accounting, Finance, or a related field. A master's degree or relevant professional certifications (e.g., CPA, CMA) is a plus.

· Minimum of 5 years of experience in investment or insurance accounting and financial reporting

· An understanding of financial reporting standards (GAAP, STAT) and regulatory compliance

· Knowledge of investment and insurance principles and best practices, and a strong grasp of reinsurance concepts

· Strategic mindset with the ability to align accounting goals with broader business objectives

· A strong understanding of and experience in the execution of financial reporting controls

· Effective communication and presentation skills, with the ability to convey technical information to non-technical stakeholders

· Integrity and ethical leadership, promoting a culture of accountability and professionalism within the team.

· Proven track record in fostering a culture of continuous improvement and innovation within the team

· Strong organizational and project management abilities, with a focus on meeting deadlines and priorities

· Proficiency in accounting software (e.g., SAP, Oracle, Workday), Clearwater and MS Excel

· Familiarity with Artificial Intelligence (AI) tools and techniques for data analysis, process automation, and financial reporting enhancements

Benefits:

· Medical, dental and vision benefits

·401-k plan

· Incentive Program

· Flexible paid time off plan

· Hybrid work environment

· Paid holidays

· Tuition assistance