Investment Accounting & Reporting Dir

Zurich Group Investment Management, Inc. (ZGIM), a part of Zurich North America, is seeking an Investment Accounting & Reporting Director to join the Investment Administration and Accounting (IAA) team. The candidate selected will be located at our Parsippany, NJ office.

At Investment Administration & Accounting (IAA), expertise and quality are the foundations of everything we do. As the investment landscape grows more complex and technology rapidly evolves, we rely on deep technical competence, strong analytical capability, and a commitment to excellence to deliver high quality outcomes for the business. Our thorough understanding of investment processes, financial instruments, and regulatory frameworks enables us to adapt quickly, uphold rigorous standards, and provide timely, meaningful support to our partners and stakeholders.

IAA is a global function within Zurich Investment Management, responsible for ensuring the accuracy, transparency, and governance of investment accounting, valuation, and reporting activities across the organization. We safeguard the integrity of investment data, ensure compliance with regulatory and audit requirements, and deliver insights that shape strategic portfolio and business decisions. Through this critical work, our team plays a central role in strengthening the reliability and credibility of investment information enterprise wide.

We are continuously enhancing and standardizing our processes across regions, leveraging technology, automation, and cross-team collaboration to drive efficiency and build operational resilience. As a trusted partner to Investment Management, Finance, and Operations, we are committed to delivering reliable, transparent, and high-quality investment information that supports effective decision making across the company.

Responsibilities:

• Driving engagement, motivation, and accountability across the team
• Serving as the senior escalation point for complex accounting, valuation, system, and reporting issues, performing expert level review, identifying root causes, and driving corrective actions
• Providing authoritative interpretation of IFRS, US Statutory (NAIC), US GAAP, and US Tax requirements for new transactions, products, strategies, process changes, and system enhancements
• Ensuring complete and accurate investment subledger processing, including reconciliations, chart‑of‑accounts maintenance, valuation logic, reporting principles, and service‑level adherence
• Overseeing timely, accurate delivery of monthly, quarterly, and annual investment accounting results across IFRS, US Statutory (NAIC), US GAAP, and Tax Reporting ensuring full compliance with regulatory standards
• Owning and continuously strengthening the investment accounting governance and internal control framework, including policy adherence, risk mitigation, and audit readiness
• Representing the function with internal and external auditors, providing subject matter expertise and ensuring consistent, accurate, and well controlled reporting.
• Building strong, productive relationships with senior leaders across Investment Management, Finance, Operations, Risk, and Group functions
• Influencing decisions by providing expert insights and recommendations on investment related accounting impacts for new products, transactions, investment strategies, and system changes
• Championing simplification, standardization, and automation efforts across accounting and reporting processes, driving operational excellence and scalability
• Supporting the development and enhancement of tools, workflows, and reporting solutions using technologies such as Python, AI agents, Power BI, and Power Automate
• Acting as a promoter, ambassador, power user, trainer, or process/product owner within relevant communities, chapters, or squads
• Ensuring high quality reporting output for internal leadership, Group reporting teams, regulators, and auditors

Basic Qualifications:

• Bachelor’s Degree in Investment Accounting or Finance and 7+ years of experience OR
• High School Diploma (or equivalent) and 9+ years of experience in investment Accounting or Finance AND
• Extensive expertise in applying IFRS, US Statutory (NAIC), and US Tax accounting principles to investment accounting

Preferred Qualifications:

• Advanced knowledge of investment instruments, including fixed income, structured products, private debt, and alternative assets
• Advanced data analytics expertise.  Skilled in using tools such as Excel, business intelligence platforms (e.g., Power BI, Tableau), and other analytics solutions to support informed decision-making and drive business value
• Strong written and verbal communication skills
• Advanced influencing and stakeholder management skills
• Proactive, solutions-oriented mindset, with the ability to anticipate issues, identify opportunities, recommend improvements, and drive operational efficiency
• Ability to lead and operate independently while balancing multiple strategic priorities in a fast paced, deadline-driven environment
• Demonstrated expertise in driving transformation, automation, and operational excellence initiatives within investment accounting and reporting functions.  
• Excellent problem solving and decision-making capabilities
• Strong motivation to stay current with emerging technologies
• Professional accounting designation (CPA/CA/ACCA or equivalent)
• CFA designation is an asset
• Proficiency with SAP, BW, and/or other investment subledger platforms
• Proven people's leadership experience, including setting team objectives, running performance management cycles, developing talent, planning workforce needs, and fostering an inclusive, high performing team culture

Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. If your expectations are above the listed range, we still encourage you to apply—your unique background matters to us.

We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards here.]

Why Zurich?

At Zurich, we value your ideas and experience. We offer growth, inclusion, and a supportive environment—so you can help shape the future of insurance. Zurich North America is a leader in risk management, with over 150 years of expertise and coverage across 25+ industries, including 90% of the Fortune 500®.

Join us for a brighter future—for yourself and our customers.

Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets.

Zurich complies with 18 U.S. Code § 1033.

Please note: Zurich does not accept unsolicited CVs from agencies. Preferred vendors should use our Recruiting Agency Portal.

Location(s): AM - Parsippany
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: Yes  
 
Linkedin Recruiter Tag: #LI-MG1 #LI-DIRECTOR