Obra Capital is seeking an Associate, Insurance Accounting to join the Finance & Accounting team with a primary focus on the firm’s life insurance investment portfolios. This role will support accounting, reporting, and cash control processes for portfolios backed by life insurance assets and related financing structures. The ideal candidate will be detail-oriented, organized, and comfortable working in a fast-paced environment that blends traditional accounting with investment and insurance analytics.
This position offers the opportunity to work closely with the investment, operations, and actuarial teams, gaining exposure to complex life insurance transactions, reinsurance vehicles, and long-duration asset strategies.
RESPONSIBILITIES
- Support accounting and financial reporting for life insurance–related investments and entities.
- Prepare and process daily wire transactions, cash transfers, and funding requests across life insurance portfolios.
- Perform reconciliations of investment accounts, premiums, and cash movements associated with life insurance assets.
- Record and maintain general ledger activity for insurance-linked assets, liabilities, and financing structures.
- Assist with month-end and quarter-end close processes, including journal entries, schedules, and supporting documentation.
- Coordinate with investment, operations, and actuarial teams to ensure accurate accounting treatment of life insurance policies, reserves, and proceeds.
- Support audit requests, portfolio reviews, and ad hoc projects related to the life insurance investment business.
- Contribute to process improvements, internal control enhancements, and system integrations across the finance function.
QUALIFICATIONS
- Bachelor’s degree in Accounting or Finance required.
- 2–4 years of accounting experience, coming from Big Four or other public accounting firm covering insurance clients.
- Working knowledge of GAAP accounting and familiarity with insurance investment structures or policy valuation preferred.
- Proficiency in Microsoft Excel; experience with general ledger or portfolio accounting systems a plus.
- Strong analytical, organizational, and problem-solving skills.
- Excellent communication and interpersonal abilities.
- Ability to manage multiple priorities, meet deadlines, and operate effectively in a collaborative team environment.
Compensation:
The expected base salary range for this role is outlined below. In addition to the base salary, total compensation may include a discretionary bonus based on performance. This range given is a best faith estimate which reflects a variety of factors, including years of relevant experience, education, location and other qualifications pertinent to the position. Base salary does not include any other performance based compensation such as year end cash bonus.
The firm also offers robust Benefits offerings which include Comprehensive Medical/Rx, Dental and Vision plans; 401(k) program with company match; Flexible Savings Accounts (FSA); Healthcare Savings Accounts (HSA) with company contribution; Basic and Voluntary Life Insurance; Long-Term Disability (LTD) and Short-Term Disability (STD) insurance; and Commuter Benefits plan for parking and transit. In addition all employees of Obra are provided with a daily lunch stipend.