F&GF&

Manager, Accounting Advisory- Investments

F&G Annuities & Life, Inc. is a provider of insurance solutions serving retail annuity and life customers as well as institutional clients, offering products like deferred and immediate annuities, and indexed universal life insurance.

F&G

Employee count: 1001-5000

United States only

Job Summary

The Manager, Accounting Advisory – Investments will be part of the Accounting Advisory team at F&G, which is responsible for ensuring compliance with GAAP and Statutory reporting for F&G and its insurance carriers. This position’s is responsible for providing accounting advice for asset classes in F&G’s existing investment portfolio (bonds, mortgages, derivatives, and various forms of equity investments). It participates in cross-functional teams with investment-related financial reporting implications and influences structuring. The position is also responsible for the recognition and ongoing accounting for new investments or asset classes acquired by F&G.As a core contributor to the team, this position will be become a key point of contact for professionals throughout the organization for accounting inquiries.

This position will report to the Director, Accounting Advisory – Investments and will work cross-functionally with business partners within the organization including, but not limited to: Investment Strategy, Hedging, Middle Office, Investment Accounting, Capital Planning.

Duties and Responsibilities

  • Participate on cross-functional teams involved in:
  1. Evaluating new bespoke investments presented by asset managers by ensuring awareness and understanding of the financial reporting outcomes generated.
  2. Assessing financial report implications of organizational initiatives with investment-related impacts (e.g.consolidation, asset transfers, new derivatives and hedging programs, capital financing).
  • Evaluate, document, and provide education where necessary on appropriate GAAP and Statutory accounting and financial reporting requirements for new investments acquired, new investment-related strategic initiatives, and the existing investment portfolio.
  • Monitor GAAP and Statutory accounting guidance updates to assess applicability to the Company.
  • Disseminate the impact of new accounting guidance throughout the organization and work cross-functionally to ensure the Company is appropriately aware of the impacts of all relevant accounting literature.
  • Support the creation and maintenance of the Company’s accounting policies.
  • Execution of assigned controls on a quarterly basis, including those related to accounting for new investments and consolidation.

Experience and Education Requirements

  • Bachelor’s degree in accounting required.
  • 7+ years of work experience.
  • CPA highly preferred.
  • Recent Sarbanes-Oxley experience preferred.
  • Experience researching accounting guidance or previous accounting policy experience.
  • Extensive knowledge for insurance company investment accounting topics strongly preferred (e.g., fixed income investments, equity investments, derivatives, hedging, asset transfers, IMR/AVR, affiliated accounting models).
  • Big 4 experience in the insurance audit practice or an accounting advisory role that focuses on accounting for investments is a plus.

Knowledge, Skills & Abilities

  • Strong analytical, organizational, and communication skills.
  • Ability to work independently and manage multiple assignments.
  • Ability to research accounting issues, write professional and quality accounting policies and position papers and communicate conclusions effectively in both oral and written means to management.
  • Ability to exercise judgment, present alternatives, and make recommendations.
  • Ability to communicate and build relationships with business partners.
  • Ability to remain flexible and work in a fast-paced environment.
  • Ability to work under short timelines and manage multiple tasks.

Other Requirements

  • Perform other functions, duties and projects, as assigned.
  • Regular and punctual attendance.
  • Some travel required (less than 10%).

#IND-HP

Additional Information

Work Environments

F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements. During the hiring process, you'll work with your leader to decide what works best for your role.

F&G complies with federal and state disability laws and makes reasonable accommodations for applicants and candidates with disabilities, unless such accommodation would cause an undue hardship for F&G. If reasonable accommodation is needed to participate in the job application or interview process, please contact [email protected].

Join our employee-centric hybrid work environment: F&G Careers

About F&G

Since 1959, Fidelity & Guaranty Life Insurance Company (F&G) has offered annuity and life insurance products to those who are seeking security in retirement and protection during life’s unexpected events.

As a national Top Workplace1, an Iowa Top Workplace2 and a proud equal opportunity employer, F&G team members are empowered, collaborative, dynamic and authentic. We believe that by embracing these values, we will continue to build and strengthen the company while continuing to be a great place to work.

1Top Workplaces USA 2022 – 2023

2Des Moines Register Top Workplaces 2018 – 2022

Notice for all Applicants who are California residents under the California Privacy Rights Act. Please click here to review the policy.

About the job

Apply before

Posted on

Job type

Full Time

Experience level

Manager

Location requirements

Hiring timezones

United States +/- 0 hours

About F&G

Learn more about F&G and their company culture.

View company profile

F&G Annuities & Life, Inc. (F&G) is at the forefront of providing innovative insurance solutions, dedicated to helping Americans achieve their financial aspirations and secure their futures. Established in 1959 and headquartered in Des Moines, Iowa, F&G has built a robust legacy of serving retail annuity and life insurance customers, as well as institutional clients. The company's commitment to innovation is evident in its broad portfolio of products, which includes deferred annuities such as fixed indexed annuities (FIAs) and multi-year guarantee annuities (MYGAs), immediate annuities, and indexed universal life (IUL) insurance. F&G also offers sophisticated financial solutions like funding agreements through funding agreement-backed notes (FABN) issuances and collaborations with entities like the Federal Home Loan Bank of Atlanta (FHLB), alongside pension risk transfer (PRT) solutions. This diverse product suite is designed to meet a wide array of financial security needs, protecting over one million individuals across the United States.

A core tenet of F&G's operational philosophy is the power of partnership and a disciplined investment approach, which has fueled its growth and ability to adapt to evolving market dynamics. The company champions a culture of collaboration, authenticity, dynamism, and empowerment, believing these values are crucial for delivering exceptional service and fostering a strong, resilient organization. This commitment extends to technological advancement, as demonstrated by its strategic collaboration with Accenture to enhance its technology platform capabilities. By leveraging Accenture's Life Insurance and Annuity Platform (ALIP) on Microsoft Azure, F&G is optimizing and scaling its operations for future growth, particularly in its Annuity business. This cloud modernization program aims to drive new business, bolster customer and agent experiences, and provide customized capabilities to its extensive distribution network of financial representatives. F&G's forward-thinking approach ensures it remains a leader in the insurance industry, continually striving to improve the financial lives of its clients through groundbreaking solutions and a steadfast commitment to its core values and partnerships.

Claim this profileF&G logoF&

F&G

View company profile

Similar remote jobs

Here are other jobs you might want to apply for.

View all remote jobs

17 remote jobs at F&G

Explore the variety of open remote roles at F&G, offering flexible work options across multiple disciplines and skill levels.

View all jobs at F&G

Remote companies like F&G

Find your next opportunity by exploring profiles of companies that are similar to F&G. Compare culture, benefits, and job openings on Himalayas.

View all companies

Find your dream job

Sign up now and join over 85,000 remote workers who receive personalized job alerts, curated job matches, and more for free!

Sign up
Himalayas profile for an example user named Frankie Sullivan