AmTrust Financial Services, Inc.

  • Investment Accountant

    Job Locations US-NJ-Jersey City
    Requisition ID
    Position Type
    Regular Full-Time
  • Overview

    The AmTrust Unique Risk Underwriting (URU) Division is a team of senior professionals (with capital markets, actuarial, accounting and insurance backgrounds) based in New York, Bermuda, London, Dublin and Luxembourg, and focused on structuring re/insurance solutions for clients. Operations are predominately but not limited to the property and casualty field. Transactions include strategic acquisitions, captive solutions, life settlements and structured re/insurance. Business is conducted on a direct and reinsurance basis through brokered and direct channels, and is worldwide in scope. Guided by a strong work ethic, URU’s culture is entrepreneurial, opportunistic and deal orientated.


    AmTrust is seeking a senior accountant/financial analyst to perform accounting and back office tasks for its portfolio of in force transactions and financial analysis and research of proposed transactions.


    Responsibilities & Tasks

    •  Preparation of day-to-day accounting, ensuring financial records are maintained in compliance with company policies and procedures including preparation of quarterly reports for AmTrust Group Accounting
    • Bank administration and reconciliation
    • Monitor, maintain and, if necessary, propose improvement of accounting control environment
    • Preparation of financial reports for management review
    • Review and analysis of 3rd party financial statements
    • Audit of in force transactions including onsite client visit
    • Accounting and tax analysis of proposed transactions to assess feasibility and financial impact for all parties
    • Day to day liaison with external auditors and other stakeholders (i.e. banks, etc)
    • Development of expertise in accounting, tax and regulatory issues
    •  The position offers a good degree of flexibility and the opportunity to develop the role. 
    • This is not purely an accounting based role and offers a unique opportunity for a bright individual to develop in an exciting environment.  


    • Fully qualified accountant, CPA, ACCA or equivalent would be considered a strong asset
    • At least 4 years accounting & auditing experience in (re)insurance
    • Good understanding of US GAAP with experience in derivative (ASC 815), investment (ASC 320), Fair value (820 ), Transfer & Servicing and Insurance (ASC 944) accounting
    • Knowledge of Great Plains accounting software, although not a prerequisite, would be beneficial
    • Fluency in English
    • Detail oriented, well organized, pragmatic, hands on mentality, proactive and open minded,  able to self-review, oriented towards process simplification
    • A high level of accuracy in dealing with documents and attention to details
    • Ability to work remotely with team members located in US, UK and Luxembourg
    • Team player that enjoys taking responsibility and is responsible for own deliverables
    • Ability to multi-task
    • Willingness to take initiative and be comfortable working in a small dynamic environment
    • A multinational context, with regular contact with other locations which might include    some travel.              


    The company offers a competitive salary including a performance related annual bonus and an attractive benefits package.


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