Director, Investment Accounting - Mortgage Loans

Who We Are
At Corebridge Financial, we believe action is everything. That’s why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow.
We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life:

• We are stronger as one: We collaborate across the enterprise, scale what works and act   decisively for our customers and partners.
• We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders.
• We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future.
• We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work.

Who Are We:

Investment Accounting function is responsible for the accounting and financial reporting of Corebridge’s invested asset portfolio of over $200 billion, consisting of fixed maturity and equity securities, commercial mortgages, residential mortgages, and collateral loans, private equity and hedge fund investments. Investment Accounting is responsible for ensuring the accuracy of the accounting results in the investment sub-ledgers across multiple bases (US GAAP & US insurance statutory), the reconciliation of accounting books and records to the sub-ledgers, all external reporting related to invested assets and implementation of accounting for new/complex investment transactions.

About the Role:

• Lead the teams responsible for accounting processes related to the monthly and quarterly accounting close to ensure accuracy of Corebridge’s reporting on loan assets (commercial mortgages, residential mortgages, collateral/mezzanine loans).
• Lead onshore and offshore teams responsible for the reconciliation of loan assets between ledger and subledger under US GAAP and US insurance statutory rules for Corebridge’s subsidiaries.
• Ensure accuracy of accounting results by reviewing the quality of the invested assets data in the systems before and after the month-end close and by working with the subledger vendors, external asset managers, loan servicers and internal front office / operations teams to address inaccuracies/deficiencies.
• Manage preparation and review of quarterly and annual investments-related NAIC/STAT reporting exhibits, schedules, and disclosures.
• Lead new initiatives for process improvements, in coordination with other areas of the department/organization.
• Serve as a point of contact and support for the business unit/line controllers and CFO’s.
• Coordinate with various areas in the organization to develop an understanding of new investment transactions and to provide guidance/support that ensures accurate accounting treatment across multiple bases (GAAP and insurance statutory).
• Prepare analytics to Corebridge’s senior management and business unit/line controllers and CFOs.
• Primary liaison and the team’s point of contact for internal and external financial audit reviews.
• Promote and maintain a positive and collaborative work environment within the team and with the external business partners.

Skills and Qualifications:

• Bachelor’s or Master’s degree in accounting or finance.
• 5+ years of experience in accounting and reporting for investments, with concentration in mortgage loan assets.
• Knowledge of mortgage loan investments. Understanding of investment and finance operations.
• Experience with technical aspects and operational application of US GAAP accounting pronouncements, and insurance statutory reporting requirements for invested assets.
• Familiarity with investment accounting subledger systems for mortgage loans.
• Experience with SAP General Ledger environment, or similar.
• Experience with leading large teams and building cross-functional relationships withing a complex organization.
• Ability to balance multiple projects at the same time, to prioritize appropriately, and to approach the work with a sense of urgency and strong attention to detail to produce high quality results in a time-sensitive environment.
• Process-oriented/control-oriented mindset, ability to drive improvements and the implementation of accounting controls to ensure consistency and data quality of the team’s financial output.
• High level of motivation and initiative, ability to work independently, including strong organizational and management skills.
• Strong analytical and problem-solving skills.
• Excellent interpersonal skills with ability to maintain relationships at all levels within the organization.
• Strong written and verbal communication skills; ability to communicate effectively with staff, peers, and other external and internal audiences.

Compensation:

Corebridge also offers a range of competitive benefits as part of the total compensation package, as detailed below.

Work Location:

This position is based in Corebridge Financials’ Dublin, Ireland office and is subject to our hybrid working policy, which gives colleagues the benefits of working both in an office and remotely.

#LI-SB1  #LI-SAFG #LI-Hybrid

This role is deemed a “covered associate” under SEC Rule 206(4)-5, 17 CFR § 275.206(4)-5, Political contributions by certain investment advisers, and other federal and state pay-to-play rules. Candidates for the role must not have made any political contributions that, under 17 CFR § 275.206(4)-5 or other federal or state pay-to-play regulations, would disqualify the candidate or Corebridge Financial from conducting Corebridge Financial’s business, or that would otherwise create a conflict of interest for Corebridge Financial. Applicants who are selected to move forward with the application process will be required to disclose all U.S. political contributions they and their household family members have made over the past two years.

Why Corebridge?
At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive.
Benefit Offerings Include:

• Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
• Retirement Savings: We offer retirement benefits options, which vary by location.  In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
• Employee Assistance Program: Confidential counseling services and resources are available to all employees.
• Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
• Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
• Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.

Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law, governing Plan document(s) and Company policy.

We are an Equal Opportunity Employer
Corebridge Financial, is committed to being an equal opportunity employer and we comply with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial, we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our colleagues are respected as individuals and valued for their unique perspectives.
Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees, including any accommodations needed on the basis of physical or mental disabilities or sincerely held religious beliefs.  If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to [email protected].  Reasonable accommodations will be determined on a case-by-case basis, in accordance with applicable federal, state, and local law.
We will consider for employment qualified applicants with criminal histories, consistent with applicable law.

To learn more please visit: www.corebridgefinancial.com

Functional Area:

FA - Finance

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

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