Investment Accountant II / III

Company: Texas Mutual Insurance Company
Location: Austin
Posted on: November 15, 2024

Job Description:

We're excited you're considering joining a great place to work!

Any additional information you require for this job can be found in the below text Make sure to read thoroughly, then apply.

Texas Mutual is deeply committed to creating and maintaining an environment of mutual respect and is proud to be an equal opportunity employer. All qualified applicants are encouraged to apply and will receive consideration for employment without regard to age, race, color, national origin, religion, sex, gender identity, sexual orientation, genetic information, veteran status, or any other basis protected by local, state, or federal law.

About this Position
Texas Mutual, a Best Company to Work for in Texas, is the leading workers' compensation insurance provider in the state. The Investments team plays a major role in the company's success by maintaining financial stability for our company and our policyholder owners. Every member of the Investments team is valued for the expertise they bring, and we contribute to each other's growth by working together and challenging each other to do our best work.

The ideal person for this position works effectively in a fast paced, team environment, demonstrates a high degree of initiative and independent judgment, demonstrates confidence, works effectively with or without direction and maintains a high standard of accuracy.

Texas Mutual offers a generous benefits package in addition to vacation, personal and sick time. Located in heart of Mueller, you will enjoy a modern office surrounded by parks, restaurants and shopping, our on-site fitness center and more.

This is an onsite position at our Mueller location.

Responsibilities & Qualifications

In this role, you will:

Perform the monthly close process for the investment portfolio and reconcile the general ledger to the custodial bank;
Prepare all Statutory and GAAP reporting for the company's investment portfolio, including quarterly and annual statutory statements and ad hoc reporting;
Prepare month end management and Board reports;
Perform detailed analysis and reconciliation of the investment portfolio;
Monitor and report the investment portfolio's compliance and regulatory issues;
May manage commercial banking relationships, calculate the daily cash position and authorize fund transfers, analyze cash flow activity and prepare ad hoc reports and analyses as necessary for senior management.

What you will need:

Bachelor's degree in accounting or any equivalent combination of education, training, and experience that provides the skills necessary to perform the essential functions of the job.
For intermediate level position, at least two to four years of progressive investment accounting experience; for senior level position, at least four to six years of progressive accounting experience, or any equivalent combination of experience and training which provides the required knowledge, skills and abilities.
Analytical background and experience.

What sets you apart:

CPA or MBA.
Experience with an investment accounting package and Bloomberg.
insurance industry experience.

Texas Mutual Pay Transparency

The base pay range is based on the market evaluation of the job and may include pay for multiple levels. Individual base pay within the range is determined by a variety of factors, including experience, performance, education, and demonstration of skills and competencies required for each role. Your recruiter can discuss the full value of our total compensation package with you, including our generous bonus plans and flex-hybrid work model.

Base Pay Range: $72,932.55 - $119,914.20 Per Year

Flex-Hybrid Work Environment:

Texas Mutual's flex-hybrid schedule allows you to bring your best self to work by working remotely and collaborating in the office based on business needs. All Texas Mutual employees are required to have Texas residency and travel to their designated office as needed.

Our Benefits:

Annual performance bonus and merit-based pay increase

Lifestyle Savings Account ($1,000 per year)

Automatic 4% employer contribution to retirement plan

401k plan with 100% employer match up to 6%

Student loan repayment matching in 401k plan

Three weeks' time off for vacation

Nine paid holidays and two personal days each year

Day one health, Rx, vision and dental insurance

Life and disability insurance

Flexible spending account

Pet insurance and pet Rx discounts

Free on-site gym, fitness classes, and health and wellness resources

Free identity theft protection

Free student loan repayment and refinancing consultation

Professional development and tuition reimbursement

Employee referral bonus

Free onsite snacks
About Us

Texas Mutual Insurance Company is the state's leading choice for workers' compensation insurance, with over 40 percent of the market. Thousands of Texas businesses rely on us to help them control their workers' comp costs, protect their employees, and ensure their injured workers receive quality care. Preventing workplace accidents is a foundation of our mission.

We have frequently been named one of the Best Companies to Work for in Texas. Our competitive salaries, award-winning benefits package, and employee recognition programs are just a few of the reasons our average employee tenure is 10 years.

If you need an accommodation with any part of the application process, please contact 800-859-5995 and ask to speak with Human Resources.

Keywords: Texas Mutual Insurance Company, Austin , Investment Accountant II / III, Accounting, Auditing , Austin, Texas