What are the responsibilities and job description for the Senior Investment Reporting Analyst position at Group 1001?
Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.
Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.
Senior Investment Operations Analyst
Job Summary:
The Senior Investment Reporting Analyst completes a variety of investment accounting activities, such as compiling, and summarizing financial information for investment accounting and regulatory reporting, investment earnings reports, trade activity, portfolio earnings and other investment-related general ledger entries. Will assist with the ongoing maintenance of an investment data warehouse and provide ongoing assistance for senior staff as needed.
Responsibilities:
Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package. Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options. Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability, and to enroll in the Company’s Employee Assistance Program and other wellness initiatives. Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.
Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.
Senior Investment Operations Analyst
Job Summary:
The Senior Investment Reporting Analyst completes a variety of investment accounting activities, such as compiling, and summarizing financial information for investment accounting and regulatory reporting, investment earnings reports, trade activity, portfolio earnings and other investment-related general ledger entries. Will assist with the ongoing maintenance of an investment data warehouse and provide ongoing assistance for senior staff as needed.
Responsibilities:
- Supports in the preparation of investment portfolio reports including STAT and GAAP financial statements, core investment earnings reports and ad hoc reports as required by senior management, regulatory departments and rating agencies
- Records required investment accounting related entries in the general ledger and maintains IMR and AVR data and reports.
- Assists with the development of new reports and ledgers for special investment projects as needed
- On a monthly basis, loads prices and cashflows into the investment accounting system.
- Performs position reconciliations between the investment accounting system, trading system, and custodians.
- Works alongside our investment front office and middle office teams to ensure appropriate support for investment transactions is provided on a timely basis.
- Identifies and thoroughly investigates discrepancies and determines appropriate course of action for resolution in a timely manner.
- Prepares documentation to support Investment Accounting department processes, procedures, and controls.
- Assists with the ongoing maintenance of an investment data warehouse, which is used to ensure the accuracy and timeliness of reporting the investment results.
- Manages the ongoing maintenance of an investment data warehouse, which will be used to assure the accuracy and timeliness of the reporting of the investment results.
- Bachelor's degree in investment accounting or finance; CPA and/or CFA is a plus.
- Minimum 3-5 years investment operations experience, preferably in the financial services or insurance industry.
- Working knowledge of CAMRA or PAM systems is preferred.
- Excellent oral, written and presentation skills, and ability to clearly articulate complex information to others.
- Excellent quantitative and analytical skills.
- Demonstrated ability to solve problems and issues within and related to operational activities, and ability to meet strict deadlines and multi-task are a must.
- Advanced working knowledge of Microsoft Office and PC applications.
- Team oriented individual with ability to work well with groups in multiple locations.
Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package. Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options. Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability, and to enroll in the Company’s Employee Assistance Program and other wellness initiatives. Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.
