Mgr, Investment Accounting Reporting - Hybrid

Awarded a Healthiest Employer, Blue Cross Blue Shield of Arizona aims to fulfill its mission to inspire health and make it easy. AZ Blue offers a variety of health insurance products and services to meet the diverse needs of individuals, families, and small and large businesses as well as providing information and tools to help individuals make better health decisions. At AZ Blue, we have a hybrid workforce strategy, called Workability, that offers flexibility with how and where employees work. Our positions are classified as hybrid, onsite or remote. While the majority of our employees are hybrid, the following classifications drive our current minimum onsite requirements: Hybrid People Leaders: must reside in AZ, required to be onsite at least twice per week Hybrid Individual Contributors: must reside in AZ, unless otherwise cited within this posting, required to be onsite at least once per week Hybrid 2 (Operational Roles such as but not limited to: Customer Service, Claims Processors, and Correspondence positions): must reside in AZ, unless otherwise cited within this posting, required to be onsite at least once per month Onsite: daily onsite requirement based on the essential functions of the job Remote: not held to onsite requirements, however, leadership can request presence onsite for business reasons including but not limited to staff meetings, one-on-ones, training, and team building Please note that onsite requirements may change in the future, based on business need, and job responsibilities. Most employees should expect onsite requirements and at a minimum of once per week. This position is hybrid within the state of AZ only.  This hybrid work opportunity requires residency, and work to be performed, within the State of Arizona. PURPOSE OF THE JOB The Manager, Investment Accounting Reporting is responsible for managing investment accounting close activities, statutory and GAAP reporting, NAIC investment schedules, regulatory filings, internal controls, audit support, and related process improvements. This role ensures accurate, complete, and timely accounting results; compliance with statutory, regulatory, and company requirements; effective documentation of investment accounting activity; and clear communication of financial results, risks, trends, and key business drivers to senior finance leadership. REQUIRED QUALIFICATIONS Required Work Experience 7 or more years of progressive accounting or finance experience, including investment accounting, statutory reporting, GAAP reporting, regulatory reporting, internal controls, audit support, or related financial reporting responsibilities. Demonstrated people leadership experience, including coaching employees, reviewing work, setting expectations, and managing accountability for deadlines and deliverables. Required Education Bachelor’s degree in accounting, business, or a related field. Required License s None. Required Certification s None. PREFERRED QUALIFICATIONS Preferred Work Experienc e 10 or more years of investment accounting or finance experience in a regulated insurance or financial services environment. Prior experience managing statutory, GAAP, NAIC, or investment accounting reporting functions. Preferred Education Master’s degree in accounting, business, or a related field of study. Preferred Licenses and Certifications Certified Public Accountant certification. ESSENTIAL JOB FUNCTIONS AND RESPONSIBILITIES Manage monthly investment accounting close activities and related reporting requirements, including the review of journal entries, reconciliations, roll forwards, and supporting schedules. Oversee statutory, GAAP, and NAIC investment schedules, footnotes, regulatory reporting, and management reporting deliverables related to investments. Ensure investment accounting data is accurate, complete, appropriately classified, and supported by clear documentation. Maintain a strong working knowledge of insurance company investment accounting concepts, including securities, investment income, realized and unrealized gains and losses, impairment considerations, fair value, and statutory reporting requirements. Monitor applicable statutory, NAIC, regulatory, and company policy requirements and assess their impact on investment accounting and reporting processes. Support internal and external audits by coordinating requests, reviewing documentation, resolving issues, and ensuring timely responses. Maintain and strengthen internal controls over investment accounting, reconciliations, reporting, and close activities. Assess risks and recommend control enhancements as needed. Ensure process documentation is current, complete, and updated to reflect regulatory, business, system, or control changes. Prepare and review concise analyses, schedules, and explanations of investment accounting results for management and senior finance leadership. Communicate accounting results, key drivers, risks, open items, and process issues clearly to finance partners, management, auditors, and cross-functional stakeholders. Lead remediation activities and process updates related to audit findings, control enhancements, regulatory changes, or reporting changes. Identify and lead opportunities to improve efficiency, accuracy, documentation, consistency, automation, and data quality across investment accounting processes. Partner with Treasury, Finance, Actuarial, Tax, Compliance, Technology, and other stakeholders to support complete and accurate investment accounting and reporting. Manage multiple priorities, plan close and reporting activities in advance, meet internal and external deadlines, and escalate issues promptly with recommended solutions. Manage, coach, and develop team members. Set clear expectations, review work, provide feedback, and hold the team accountable for timely and accurate results. Promote a collaborative, resilient, and continuous-improvement-oriented te