✦ Luna Orbit — Finance & Accounting

Investment Accountant - CECL Impairments

at Massachusetts Mutual Life Insurance

📍 New York, NY Unknown 💰 $128K – $168K USD / year Posted April 15, 2026
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Position Details

Salary $128K – $168K USD / year
Type Full-Time
Experience mid
Exp. Years Not specified
Education Not specified
Category Finance & Accounting

About this role

The Investment Accountant - CECL Impairment role is responsible for leading credit accounting and analytics for MassMutual’s enterprise investment portfolio. You will perform end-to-end credit-related impairment activities, support close cycles, and deliver accurate reporting to senior management and auditors.

Key Responsibilities

  • Lead and manage Credit Accounting and Analytics for the enterprise investment portfolio
  • Perform quarterly impairment analysis and CECL requirements
  • Execute matrix assessments and model evaluation
  • Review investment documentation and ensure accurate, complete, transparent credit risk data
  • Support monthly/quarterly/annual close cycles and resolve issues while ensuring compliance with accounting standards

Technical Overview

This role focuses on CECL (Current Expected Credit Loss) impairment execution for credit-risk data, including quarterly impairment analysis, matrix assessments, and model evaluation. It also requires strong control oversight and governance around transaction controls and third-party accounting services.

Ideal Candidate

The ideal candidate is an accounting professional with strong expertise in credit accounting and analytics for investment portfolios, including CECL impairment work. They can lead quarterly impairment analysis and close-cycle reporting, with experience performing matrix assessments and model evaluation while ensuring transparent, accurate credit risk data for senior management and auditors.

Must-Have Skills

Credit accounting and analyticsCECL (Current Expected Credit Loss) impairment analysisQuarterly impairment analysisMatrix assessmentsModel evaluationCompliance with applicable accounting standardsSupport quarterly and annual close cyclesCredit risk reporting to senior management and auditorsEnd-to-end responsibility for credit-related activities

Nice-to-Have Skills

Investment product accounting depthProject management skillsDeveloping process improvement initiatives

Required Skills

Credit accountingCredit risk reportingCECLCurrent Expected Credit Loss (CECL)quarterly impairment analysismatrix assessmentsmodel evaluationinvestment documentation reviewaccounting standards compliancequarterly and annual close cyclesinternal controlstransaction controlsprocess changegovernanceauditor reportingenterprise investment portfolioproject management

Hard Skills

Credit accountingCredit risk perspective reportingInvestments credit accounting and analysisQuarterly impairment analysisCECLCurrent Expected Credit Loss (CECL)matrix assessmentsmodel evaluationinvestment documentation reviewaccounting standards compliancefinancial reportingquarterly and annual close cyclesissue resolutioninternal controls oversighttransaction controlsprocess changegovernanceoversight of third-party accounting servicescredit risk data accuracycredit risk data completenesscredit risk data transparencyend-to-end responsibilitySPOC & SME for all credit

Soft Skills

SME leadershipcollaborationinitiativeprocess improvement mindsetcuriositydeterminationstakeholder managementcommunication to senior managementproject management skills

Industry & Role

Industry Insurance
Job Function Deliver CECL impairment credit accounting and analytics with accurate, compliant credit risk reporting.
Role Subtype Staff Accountant

Keywords for Your Resume

Investment AccountantCECL ImpairmentInvestment ControllershipControllers Organization of Corporate FinanceCFO divisionCredit AccountingCredit Accounting and AnalyticsCredit riskquarterly impairment analysisCECLCurrent Expected Credit Lossmatrix assessmentsmodel evaluationinvestment documentationquarterly and annual close cyclesaccounting standardsinternal controlstransaction controlsthird partiesprocess changegovernancereporting to auditorsenterprise investment portfolio

Deal Breakers

Must have direct experience with CECL impairment analysis (including Current Expected Credit Loss methodology), Must be able to support quarterly and annual close cycles with credit risk reporting and issue resolution, Must ensure compliance with applicable accounting standards

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