About Martello Re

At Martello Re, we are building a distinctive reinsurance offering grounded in exceptional client service, innovative solutions, and advanced data analytics. We are committed to attracting top talent and empowering individuals to make meaningful contributions while advancing their careers. Our dynamic, high-energy environment fosters collaboration and encourages bold thinking at all levels. At the same time, we maintain a steadfast focus on long-term financial strength to serve the best interests of our cedants and their policyholders. 

The Director of Investment Accounting is responsible for overseeing the accounting, reporting, and analysis of the company's investment portfolio, which includes a diverse and complex set of asset classes. This individual will provide insight and analysis for portfolio performance, asset valuation, and compliance with investment policy guidelines. The position requires strong technical expertise, a strategic mindset, and a proven ability to lead and develop a high-performing team.

Key Duties and Responsibilities

• Ensure accurate and timely investment accounting and financial reporting in accordance with US GAAP, NAIC STAT, and BDA STAT.
• Collaborate with the internal Investments team and external asset managers to evaluate and execute new, complex investment opportunities.
• Review and validate investment position information provided by cedents and other counterparties for accuracy and completeness.
• Administer and enhance the investment accounting platform (Clearwater Analytics), including driving automation and data integrity improvements.
• Support and respond to requests from internal and external auditors, regulators, and rating agencies.
• Provide timely, relevant, and insightful investment accounting information to Finance leadership and other stakeholders.
• Evaluate technical accounting implications of new investment structures and monitor emerging accounting guidance.
• Identify and lead process improvement initiatives that drive operational efficiency, data transparency, and control effectiveness.
• Perform detailed data reviews and reconciliations to ensure the integrity of investment records.
• Other duties as assigned to support Finance and Investment Operations.

Required Education and Experience

• Bachelor’s degree in Accounting, Finance, or a related field.
• Current CPA, CA, or equivalent accounting designation.
• At least 10 years of relevant post-qualification experience, with a strong focus in investment accounting.
• Experience managing large and complex investment portfolios and interpreting related accounting requirements.
• Proficiency with Clearwater Analytics or similar investment accounting platforms.
• Strong knowledge of U.S. GAAP, NAIC statutory accounting, and Bermuda statutory reporting.
• Experience coaching and developing high-performing teams.
• Proven track record of delivering timely, high-quality reporting and analysis in a fast-paced environment.
• Experience working in a startup or building out a new business unit.
• Familiarity with IFRS and international regulatory environments.
• Background in evaluating ALM strategies or alternative investments.

Required Skills

• Excellent technical accounting and investment knowledge.
• Strong proficiency in Microsoft Office, particularly Excel.
• Proven ability to work independently, multitask, and meet deadlines.
• Detail-oriented with a willingness to dive into granular data reviews.
• Highly analytical with strong problem-solving and critical thinking skills.
• Effective communicator who can simplify complex topics for diverse audiences.
• Collaborative and capable of working cross-functionally to support broader business goals.
• Demonstrated ability to enhance and maintain financial systems and tools.
• Ability to build trusted relationships across internal teams and with external partners.

Supervisory Responsibilities

• Leads and develops a small team of investment accountants.
• Responsible for recruitment, performance management, mentoring, and professional development.
• Manages relationships with external consultants, auditors, and service providers related to investment accounting.

Location and Travel

• Martello Re welcomes applications for remote positions from candidates residing in the Eastern United States or in states where the company currently operates. We are proud to be an equal opportunity employer and consider all qualified applicants without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other legally protected status.
• Periodic travel to Martello Re offices for internal meetings, approximately once per month for 2-3 business days, or more frequently as determined by business needs.

Physical Requirements

• Prolonged periods of sitting at a desk and working on a computer.
• Must be able to lift 15 pounds at times.

Note for Recruitment Agencies

We kindly request that you do not forward any resumes to Martello Re employees unless specifically requested for this position or other roles within our organization. Martello Re bears no responsibility for fees related to unsolicited resumes.

Note to Applicants

Personal Information collected is used for recruitment purposes only and will be shared with hiring managers and those involved in the hiring process. We may retain your personal information for a reasonable period in compliance with applicable regulations, typically one year post application submission, to enable us to match your details with other suitable job opportunities that may arise from time to time, unless otherwise requested. Please refer to Martello Re’s Privacy Notice for further information on your rights and how we protect your personal information: Privacy Notice– Martello Re.