About the role
We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.
AD Investment Accounting Reporting
The Assistant Director (AD), Investment Accounting at Hartford Investment Management Company (HIMCO) will be responsible for overseeing the accurate and timely preparation and submission of financial reports, ensuring compliance with regulatory requirements, and internal policies. This role requires a strong understanding of insurance accounting principles and excellent analytical skills.
This role will have a Hybrid work arrangement, with the expectation of working in the Hartford, CT office 3 days a week (Tuesday through Thursday).
Job Responsibilities
- Support the preparation of the quarterly statutory investment footnotes and schedules, including statutory, GAAP, and management reports, for HIMCO.
- Ensure compliance with all applicable accounting standards (e.g., GAAP, SSAP) and regulatory requirements (e.g., NAIC, SEC).
- Support the monthly close process by reviewing the monthly reconciliations, as well as overseeing any necessary manual accounting entries
- Analyze financial data, identify trends, and provide insightful explanations for variances to senior management.
- Collaborate with internal and external auditors, providing necessary documentation and explanations.
- Drive process improvements and automation initiatives within the accounting reporting function.
- Participate in special projects and ad-hoc analysis as required by management.
- Maintain up-to-date knowledge of changes in accounting regulations and industry best practices.
- Develop and implement internal controls to ensure the accuracy and integrity of financial reporting.
Job Qualifications
- Bachelor's degree in Accounting or Finance. Master's degree or CPA preferred.
- 4+ years of progressive experience in accounting or financial reporting, preferably within investment/insurance industry.
- Strong understanding of insurance accounting principles and statutory reporting requirements (NAIC).
- Excellent analytical, problem-solving, and decision-making skills.
- Proficiency with MS Word, MS Excel, MS PowerPoint; TM1, Wdesk, and Copilot is a plus
- Strong communication and interpersonal skills, with the ability to effectively present complex financial information.
- Ability to work independently and collaboratively in a fast-paced environment.
- High level of attention to detail and accuracy.
About the Firm:
Hartford Investment Management Company (HIMCO) is the asset management arm of The Hartford Financial Services Group, Inc. (The Hartford). HIMCO is an insurance asset manager with over $100 billion in assets under management across the global fixed income, equity and alternatives markets. The firm manages assets on behalf of The Hartford, as well as insurance, sub-advisory and other institutional clients.
The Hartford is a Fortune 200 company, with approximately 18,500 employees worldwide. The company is a leading provider of property and casualty insurance, group benefits, mutual funds and other investment products. At The Hartford, we are committed to practicing our business in a sustainable way. We work to address environmental, social and economic needs and to do the right thing for our stakeholders.
Compensation
The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:
$102,800 - $154,200Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
About Us | Our Culture | What It’s Like to Work Here | Perks & Benefits
Aplyr's read
The Hartford is a prominent player in insurance, attracting professionals seeking roles in AI, litigation, and financial analysis within a supportive environment.
What's promising
- •The Hartford offers diverse roles, from AI engineering to litigation, appealing to a wide range of professionals.
- •It has a strong reputation in the insurance sector, providing stability and growth opportunities.
- •The company invests in technology, hiring for roles like Applied AI Data Scientist and Software Engineering Manager.
What to watch
- •The insurance industry faces regulatory challenges that could impact The Hartford's operations.
- •Competition from other insurers may pressure The Hartford to innovate continuously.
- •Limited public information about the company's internal culture and employee satisfaction.
Why The Hartford
- •The Hartford's focus on integrating AI into its operations sets it apart in the insurance industry.
- •It offers specialized roles in niche areas like subrogation and complex litigation.
- •The Hartford's commitment to hybrid work models appeals to tech professionals seeking flexibility.
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About The Hartford
The Hartford is a leading insurance and financial services company that provides a wide range of products and services, including property and casualty insurance, group benefits, and mutual funds.