Senior Investment Accountant

Job Description

Sompo has a unique opportunity for a Senior Investment Accountant in our Global Investment Accounting team, which is a centralized function responsible for investment accounting for the Company’s subsidiaries on a global basis. 

This is a dynamic role which provides an excellent opportunity to join a fast paced, team orientated environment with exposure to a variety of financial areas including investment accounting, derivatives, financial reporting, accounting research, and statutory reporting.

Location: This position will be based out of our Bermuda office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

Our business, your impact, our opportunity:

What you’ll be doing:

• Oversight and responsibility for the completion of investment accounting related journal entries posted within the Company’s general ledger, validation of reconciliation and execution of related internal controls.
• Work closely with the Company’s outside investment accounting service provider, Clearwater Analytics, ensuring that any issues are timely addressed and resolved.
• Responsibility for accounting for the Company’s Alternative Investment portfolio.
• Assist with preparation of distributions and filings including parent reporting packages, financial statements and risk related investment templates.
• Assist with the Company’s investment audit related activities with the Company’s external audit firm proving information as requested, answering questions and efficiently supporting the overall audit process. 
• Assisting with additional projects as they arise, including onboarding of investment portfolios into Clearwater Analytics, process improvements and system upgrades.

What you’ll bring:

• An internationally recognized accounting qualification, together with a relevant university degree.
• Minimum of 4 years investment experience, including public accounting.
• Financial reporting and/or Insurance/Reinsurance related experience preferred.
• Working knowledge of investment accounting, including pricing, impairment and fair value classifications required. 
• Proficient in Microsoft Excel; advanced analytical spreadsheet skills required.
• Experience with Clearwater Analytics an advantage.           
• Exceptionally motivated, organized and detail oriented. 
• Must be a team player with a willingness to assist across all areas of corporate reporting where required. 
• Proven ability to work well under pressure, with significant overtime, and ability to meet tight deadlines and respond to changing priorities. 

At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees. Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. 

The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance. We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. 

Below is a summary of our current comprehensive Bermuda benefit programs: 

• Comprehensive health plan offering Medical and prescription coverage
• Dental benefits including orthodontia benefits for adults and children
• Vision benefits
• Company-paid Life & AD&D benefits
• Company-paid Disability benefits with very competitive salary continuation payments
• Defined Benefit Pension Plan with competitive employer contributions
• Competitive paid-time-off programs, including company-paid holidays
• Competitive Parental Leave Benefits & Adoption Assistance program
• Employee Assistance Program
• Monthly Parking Reimbursement Allowance
• Tuition Reimbursement & Professional Qualification benefits  

Who we are and what we stand for:

At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide. Life at Sompo page

Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.