Vice President, Investment Accounting (Insurance)

Your team The Investment Accounting Group provides accounting and regulatory data services to insurance clients. The team supports the reconciliation, tracking and accounting of investment assets, as well as the preparation and oversight of monthly accounting packages and regulatory schedules.

Your role and impact As a Vice President in Investment Accounting, you will play an important role in delivering accounting and reporting services that meet the evolving needs of insurance clients. You will support the monthly accounting close, lead client and departmental initiatives, strengthen processes and controls, and collaborate across BlackRock to deliver key business and client objectives. The breadth of services provided to insurance clients creates opportunities to deepen expertise across investment products, accounting complexities and regulatory requirements while further developing technical and client-facing capabilities.

Your responsibilities In every role at BlackRock, you'll be expected to apply sound judgement and critical thinking to solve complex problems, adapt as the business evolves, and combine the curiosity to explore new approaches and technologies with the rigor to challenge the results.

The scope of this role also includes the following responsibilities:

• Develop deep knowledge of BlackRock's capabilities, products and services for insurance companies, and communicate the implications of evolving regulatory requirements and accounting pronouncements across IFRS, US Statutory and US GAAP.
• Support business growth, new-client implementation and client retention within the insurance sector in partnership with teams across BlackRock.
• Represent Investment Accounting on cross-functional projects and working groups supporting key business and client objectives.
• Drive continuous improvement of investment reporting production and control processes to enhance efficiency, mitigate risk and incorporate business and product changes.
• Partner with vendors to communicate development priorities clearly and support delivery against those priorities.
• Provide expert accounting support to clients and conduct periodic training for the Investment Accounting team.
• Review quarterly NAIC and other regulatory reconciliations, drive appropriate follow-up and resolution, and support audits by reviewing results, recommending control enhancements and responding to follow-up questions.

Your experience

• Minimum 8 years of experience in investments or markets, with a strong understanding of investment accounting.
• Knowledge of insurance companies and the regulatory and accounting standards under which they operate is preferred.
• Strong focus on continuous operational improvement, process efficiency and control enhancement.
• CA, CPA or similar professional qualification, together with technical understanding of general ledger tools, is advantageous.
• Understanding of SQL and working knowledge of databases is desirable.
• Experience transforming manual processes using digital tools such as Microsoft Power BI, Alteryx and RPA tools is advantageous.
• Familiarity with product-specific financial reporting and disclosure requirements. and disclosures