About this role
Your Team
The Investment Accounting Group (IAG) delivers accounting and regulatory reporting services to insurance clients that have outsourced their investment accounting function. The team prepares and oversees accounting, regulatory, and statutory reporting while partnering with clients to support business changes, regulatory developments, and platform enhancements. IAG is also focused on expanding asset class coverage and enhancing its accounting operating model through continued investment in technology and process innovation.
Your Role and Impact
As an Investment Accounting Associate, you will support the delivery of high-quality accounting and reporting services for institutional insurance clients. You will analyze accounting results, perform reconciliations and controls, support regulatory reporting requirements, and work collaboratively with clients and internal partners to ensure timely and accurate financial reporting. This role offers exposure to complex investment products, evolving accounting standards, and opportunities to contribute to operational and technology-driven improvements.
Your Responsibilities
Analyze investment accounting data and provide commentary on financial results and reporting outcomes.
Prepare, review, and distribute accounting packages, financial reports, and supporting schedules within established deadlines.
Perform data validation, reconciliations, and control reviews to ensure the accuracy and completeness of reported information.
Complete quarterly regulatory reconciliations and coordinate follow-up activities through resolution.
Support internal and external audit requests by gathering documentation and responding to inquiries.
Address daily client information requests and provide responsive, high-quality service.
Review daily accounting exceptions and drive timely investigation and resolution.
Participate in special projects, process improvement initiatives, and technology enhancements that strengthen the client experience and operating model.
Maintain awareness of accounting policies, regulatory requirements, and industry developments to support compliant reporting practices.
Your Experience
Bachelor’s degree in Finance, Accounting, or a related field.
3–5 years of experience in investment accounting, fund accounting, financial reporting, or a related investment operations function preferred
Strong understanding of accounting principles, controls, and investment products.
Knowledge of reporting frameworks such as GAAP, Statutory Accounting, IFRS, UK GAAP, or Canadian GAAP.
Excellent analytical, organizational, and problem-solving skills.
Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
Effective written and verbal communication skills with the ability to interact directly with clients and stakeholders.
Strong attention to detail and commitment to delivering accurate results.
Advanced Microsoft Excel skills required; experience with SQL is preferred.
Demonstrated interest in process improvement, automation, and operational excellence.
Knowledge of insurance-related reporting, including U.S. Statutory reporting, Solvency II, or IFRS, is a plus.
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work model
BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
Guidance on AI use for candidates
At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.
About BlackRock
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.
BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.
BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email [email protected]. All requests are treated in line with our privacy policy.
We recruit, hire, train, promote, pay, and administer all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person’s appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses.BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.Skills Required
- Understanding of multiple accounting bases (GAAP, US Statutory, IFRS, UK GAAP, CAD GAAP)
- Strong and effective communication skills to interact with clients and management
- Ability to prioritize and balance multiple requests and meet deadlines
- Strong decision-making skills and judgment
- Strong attention to detail and accuracy
- Initiative to follow up on outstanding issues and act independently
- Strong organizational skills and ability to work in a fast-paced, deadline-driven environment
- Strong working knowledge of Microsoft Office products
- Ability to identify and implement business process improvements; technical/process improvement mindset
- 1+ years related work experience
- BS degree in Finance or Accounting or related degree
- Knowledge of insurance-related reporting (US Statutory, Solvency II, IFRS)
BlackRock Compensation & Benefits Highlights
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Retirement Support — A 401(k)/Retirement Savings Plan with a stated company match formula (subject to plan caps) alongside an Employee Stock Purchase Plan is prominently featured. Feedback suggests these elements make the financial-wellness offering a notable strength among large employers.
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Parental & Family Support — Paid parental leave of at least 16 weeks for primary caregivers, plus adoption support, fertility benefits, and child/elder back‑up care, is highlighted across materials. Offerings are substantial, with specifics varying by location.
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Leave & Time Off Breadth — Flexible Time Off for many U.S. salaried roles, paired with sick and bereavement leave, provides generous time‑away options. Wellness resources such as free access to Calm and an Employee Assistance Program further support rest and recovery.
BlackRock Insights
What We Do
As the world’s largest asset manager, BlackRock partners with investors around the globe to help them (and those on whose behalf they invest) plan for life’s most important goals – like retirement, home ownership and their children’s education. Our clients range from governments, foundations and other large institutions to those investing on behalf of individuals, including firefighters, nurses, teachers and factory workers. BlackRock was founded with the idea of creating a better asset management firm — one that was purpose-driven, focused on clients and risk management, and propelled by data and technology. Our breakthrough Aladdin® platform is BlackRock’s technological backbone, helping investors see and manage their whole portfolios in one place – from constructing investments to monitoring risk and executing trades. Used by hundreds of external institutions around the world, Aladdin combines powerful analytics and a common language to help investment teams make faster, more informed decisions across public and private markets. It’s a key part of our business and one of the reasons we’re trusted to manage more assets than any other investment manager today. At BlackRock, we challenge conventions and raise the bar for what’s possible. We harness technology to unlock new solutions, simplify complexity, and deliver investment strategies that meet people where they are. Whether it’s retirement planning, wealth building or navigating market shifts, we’re here to help clients invest more easily, more affordably and with more choice as we chart a path toward financial well-being together. Learn more: Careers.BlackRock.com
Why Work With Us
Without our people, technology is irrelevant. When we combine the power of people with the power of technology, we amplify our ability to create better outcomes for our employees, clients, shareholders and society alike.
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