Senior Accountant, Investment Accounting (Hybrid)

At Selective, we don't just insure uniquely, we employ uniqueness.

Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years. Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including listing in Forbes Best Midsize Employers in 2025 and certification as a Great Place to Work® in 2025 for the sixth consecutive year.

Employees are empowered and encouraged to Be Uniquely You by being their true, unique selves and contributing their diverse talents, experiences, and perspectives to our shared success. Together, we are a high-performing team working to serve our customers responsibly by helping to mitigate loss, keep them safe, and restore their lives and businesses after an insured loss occurs.

Position monitors and analyzes general ledger accounts, financial statements, and reports. Supervises or performs major account analysis. Ensures accuracy in accordance with Generally Accepted Accounting Principles (GAAP), Statutory Accounting Principles (SAP), and the company’s policies and procedures. All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements.

Note: (For NJ candidates) This role will be located at our future headquarters in Short Hills, N.J. Until the new headquarters is operational, the successful candidate will be offered the ability to work in our Branchville, N.J. location during this interim period. 

• Prepares and reviews monthly account analysis and reconciliation
• Establishes, interprets and analyzes complex accounting records of financial statements
• Creates journal entries and adjustments
• Assists with preparation of both GAAP and SAP investment disclosures
• Prepares analytical review of financial statements during closing process
• Handles field questions concerning financial results
• Performs monthly financial close and financial statement preparation
• Applies accurate accounting treatment for fixed income, equities, mortgage loans, cash equivalents, and alternative investments
• Assists and provides support with annual external audit and budget processes
• Ensures integrity of financial statements. Ensures financial statement compliance with GAAP, company policies and governmental requirements

Knowledge and Requirements

• Prior exposure to accounting systems with knowledge of GAAP and SAP
• Proficiency with MS office applications, particularly Excel
• Experience with investment accounting software solutions (Clearwater) and custodian (J.P.Morgan) platforms, preferred
• Excellent evaluation skills and troubleshooting abilities
• Strong organizational, interpersonal and communication skills

Education and Experience

• Bachelor’s degree in accounting 
• Five or more years of financial accounting experience
• CPA designation preferred (required for upward mobility)

Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life. These benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and 20 days of paid time off. Additional details about our total rewards package can be found by visiting our benefits page.

The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprint. Additional considerations include relevant education, qualifications, experience, skills, performance, and business needs.

Selective is an Equal Employment Opportunity employer. That means we respect and value every individual’s unique opinions, beliefs, abilities, and perspectives. We are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences – and empowers employees to contribute new ideas that support our continued and growing success. Building a highly engaged team is one of our core strategic imperatives, which we believe is enhanced by diversity, equity, and inclusion. We expect and encourage all employees and all of our business partners to embrace, practice, and monitor the attitudes, values, and goals of acceptance; address biases; and foster diversity of viewpoints and opinions.

For Massachusetts Applicants

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.