Senior Associate - Insurance Finance
Prepare attribution reporting and calculate performance metrics, working closely with the IAM portfolio management team to review and investigate differences.
Work with VP of Insurance Finance and senior business development/client service leaders to produce investment reporting for clients.
Perform portfolio analytics, including analysis of balance sheet and income statement accounts for reasonableness and provide commentary for variances.
Prepare quarterly management fee calculations for the Investment Partnership and separately managed accounts.
Manage SMA capital call process and oversee funding and settlement of loans.
Review monthly SMA Trust Payment reports and waterfall payments.
Oversee the daily/monthly delivery of trade files, loan tapes and other required data to our clients and contribute towards driving quality control/automation over preparation process.
Manage all aspects of the accounting process, working with our third-party service providers to ensure the completeness and accuracy of our ledgers.
Oversee counterparty and administrator cash and position reconciliations, working with third-party service providers and loan operations team to resolve differences.
Oversee the preparation of accounting packages to support monthly review of Trust and Fund NAVs.
Oversee the payment of invoices related to the IAM platform. Ensure investment expenses are communicated to third-party service providers for proper recording in the accounting ledgers.
Review allocation of net income, capital calls, and distributions for the Investment Partnership.
Work with internal teams and services providers to assist with onboarding accounting/operations for new accounts.
Assist with special projects and presentations.
SKILLS/KNOWLEDGE/ABILITIES
Strong work ethic, quick learner, energetic and engaging.
Ability to think outside the box, see the bigger picture and possess a willingness to solve problems, identify areas for improvement/automation and drive transformation.
Comfortable with working with large sets of data; experience analyzing and reconciling financial data.
Possess advanced knowledge of Excel.
Experience with SQL/Alteryx/Tableau, power point presentations is strongly preferred.
Attention to detail to ensure the accuracy of accounting ledger, reports, correspondence, and database.
Strong analytical skills and excellent interpersonal and communication skills, including written and verbal.
Ability to work closely and collaboratively across various teams and interact with senior management.
Ability to handle multiple projects and adapt to an ever-changing environment.
Education and Experience
An undergraduate degree in accounting, finance, or related field is required.
5 to 7+ years of experience in public accounting and/or private experience working in Asset Management or Insurance industry is preferred.
Experience with GAAP/Statutory Reporting for Insurance companies is a plus.