Staff Accountant, Investment Accounting

Posted 12 Days Ago
Be an Early Applicant
Richmond, VA
Entry level
Insurance
The Role
The Investment Accountant is responsible for the accounting, reporting, and analysis of Markel's investment portfolio. Responsibilities include reconciling investment data, preparing journal entries, analyzing investment fluctuations, and collaborating with other functional areas for process improvements.
Summary Generated by Built In

What part will you play? If you’re looking for a place where you can make a meaningful difference, you’ve found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs. 


Join us and play your part in something special!

The Investment Accountant is responsible for the accounting, reporting, and analysis of Markel's investment portfolio.

Job Responsibilities

  • Reconcile investment data within Markel's investment system

  • Perform account reconciliations including identification and remediation of all issues in compliance with SOX control requirements

  • Prepare journal entries and perform monthly general ledger closings and reporting deliverables

  • Prepare and review investment related disclosures for Forms 10-Q and 10-K in accordance with GAAP as well as various statutory financial statements in accordance with Statutory accounting standards

  •  Research and analyze investment fluctuations and communicate key drivers to management

  • Research and interpret accounting guidance and compliance regulations pertaining to investments

  • Assist with internal and external audit review

  • Assist with systems integration and testing as needed

  • Work closely with other functional areas (i.e. treasury, financial reporting, corporate accounting, statutory reporting, tax) to resolve issues and support achievement of business goals

  • Assist in maintaining investment related SOX documentation and remediation of any control issues in compliance with control requirements

  • Collaborate with teammates to identify, design, and implement process improvements for greater efficiency and effectiveness

  • Assist with ad-hoc requests and other strategic accounting and business projects as they arise

Education

  • Bachelor's degree in Accounting, Finance or related discipline

Certification

  • Certified Public Accountant (CPA) license preferred

Work Experience / Skillset

  • 0-3 years of related work experience

  • Proficiency with Excel required

  • Experience with Oracle applications or investment accounting subledger system a plus

  • Strong analytical and problem solving skills

  • Strong desire for continuous improvement

  • Curiosity across disciplines

  • Interest in investments a plus

Please note: Markel's phased approach for re-entry into our buildings is designed to balance the ongoing health, safety, and well-being of our employees with operational considerations and regulatory/governmental requirements and recommendations. As a result, we implemented a hybrid return to work strategy that allows for three days in the office every week. 

The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. 

 

Choose Markel:

Innovative hybrid work model * A diversity and inclusion focused employer * Exceptional base salary and bonus structure * Comprehensive benefits which include PTO, medical, dental, vision, 401K and more * Growth opportunities to advance your career* Ongoing coaching and career development * Fast paced, high performance environment *Profitable Fortune 300 company in business since 1930. 

 

Must be authorized to work in the U.S., and not require sponsorship now or in the future

#deib

US Work Authorization

  • US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Who we are: 

Markel Group (NYSE – MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world. 

 

We’re all about people | We win together | We strive for better 

 

We enjoy the everyday | We think further 

 

What’s in it for you: 

In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.  

  • We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees’ needs at all stages of life.  

  • All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.  

  • We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.  

  • Markel offers hybrid working schedules of 3 days in the office and 2 days remote.  

 

Are you ready to play your part? 

Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you. 

 

Caution: Employment scams 

Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters and frequently ask for confidential personal information. Therefore, for your safety, please note that: 

  • All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings.

  • All legitimate communications with Markel recruiters will come from Markel.com email addresses. 

 

We would also ask that you please report any job employment scams related to Markel to [email protected]. 

 

Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.  

 

Should you require any accommodation through the application process, please send an e-mail to the [email protected].    

No agencies please.

Top Skills

Excel
The Company
HQ: Glen Allen, VA
3,519 Employees
On-site Workplace
Year Founded: 1930

What We Do

At Markel, we believe in hard work, a zealous pursuit of excellence, and fairness in all our dealings.

Markel Corporation (NYSE: MKL) is a global Fortune 500 company headquartered in Richmond, Virginia. We seek to be a leader in each of our pursuits, with insurance being our primary business. As a market leader for specialty insurance, reinsurance, and investment operations around the world, Markel embodies integrity, commitment, teamwork, and innovation in every day operations. We are encouraged to look for a better way to do things. Since our founding in 1930, we have sought to know our customers’ needs and to provide quality products and service.

Markel specializes in providing coverage for hard-to-place risks for a variety of niche markets including:
• Agricultural and equine risks
• Reinsurance for large risk enterprises such as oil rigs
• Event cancellation insurance for weddings, concerts, and sporting events
• Inland marine coverage for fine art collections
• Environmental pollution
• Yachts, ATVs, and motorcycles

At Markel we provide an atmosphere in which people can reach their personal potential. We are results-oriented, and we continually strive for a better way to do things. The Markel approach is one of spontaneity and flexibility.

Markel helps employees balance work and social activities. Markel gives you the keys to success! Keeping an open mind and learning new skills allows our associates to stay ahead of the marketplace. Above all, we enjoy what we are doing. There is excitement here that comes from innovating, creating, striving for a better way, sharing success with others…winning.

That is the Markel Style.

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