Director, Investment Accounting

Description

Company Description:

Aspida is a tech-driven, nimble insurance carrier. Backed by Ares Management Corporation, a leading global alternative asset manager, we offer simple and secure retirement solutions and annuity products with speed and precision. More than that, we’re in the business of protecting dreams; those of our partners, our producers, and especially our clients. Our suite of products, available through our elegant and intuitive digital platform, focuses on secure, stable retirement solutions with attractive features and downside protection. A subsidiary of Ares Management Corporation (NYSE: ARES) acts as the dedicated investment manager, capital solutions and corporate development partner to Aspida.  For more information, please visit www.aspida.com or follow them on LinkedIn. 

Who We Are:

Sometimes, a group of people come together and create something amazing. They don’t let egos get in the way. They don’t settle for the status quo, and they don’t complain when things get tough. Instead, they see a common vision for the future and each person makes an unspoken commitment to building that future together. That’s the culture, the moxie, and the story of Aspida.

Our business focuses on annuities and life insurance. At first, it might not sound flashy, but that’s why we’re doing things differently than everyone else in our industry. We’re dedicated to developing data-driven tech solutions, providing amazing customer experiences, and applying an entrepreneurial spirit to everything we do. Our work ethic is built on three main tenets: Get $#!+ Done, Do It with Moxie, and Have Fun. If this sounds like the place for you, read on, and then apply at aspida.com/careers.

What We Are Looking For:

The Director of Investment Accounting will be responsible for leading a team that manages investment closing, accounting, analysis, and financial reporting for investment results in multiple regulatory jurisdictions. This role will also provide accounting guidance to investment managers for complex and emerging issues and create processes or procedures for our investment accounting platform. In addition to monthly close activities, the Director of Investment Accounting will be responsible for ensuring a strong internal control environment and regulatory reporting functions are effective and accurate. This role reports to the Controller and is required to be onsite 3 days a week at our Durham, NC headquarters.

What You Will Do:

• Manage a team of professionals and lead the oversight of our collaboration with our investment manager. 
• Supervise investment accounting and reporting at the group level for multiple insurance companies in various regulatory jurisdictions. Create monthly/quarterly closing schedule and ensure all tasks are completed timely and appropriately.
• Play a key role in the Company’s financial reporting process including the preparation of the quarterly report and annual audited financial statements.
• Oversee day-to-day activities for investment accounting team by recruiting, coaching, and training of stuff accountants.
• Work closely with our affiliated asset manager to align investment accounting strategies and practices. 
• Lead investment accounting system integration/implementation to our investment accounting platform for newly acquired insurance entities or asset classes. 
• Research and provide accounting reporting guidance to investment managers for complex and emerging issues, such as GAAP/STAT and state/Bermuda regulations including structured and private assets.
• Respond to regulatory review letters/exams/audit requests by coordinating with investment
  operations and financial reporting.
• Manage custody bank and front office/external investment manager relationships.
• Other ad hoc assignments from group CEO/CFO/CIO etc.

What We Provide:

• Salaried, DOE
• Full-Time
• Full Benefits Package Available

What We Believe:

At Aspida Financial Services, LLC, we are committed to creating a diverse and inclusive environment and are proud to be an equal opportunity employer. As such, Aspida does not and will not discriminate in employment and personnel practices on the basis of race, sex, age, handicap, religion, national origin or any other basis prohibited by applicable law. Hiring, transferring and promotion practices are performed without regard to the abov