Director, Investment Accounting

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:

This Director role in Investment Accounting, will take a key leadership position supporting the accurate accounting, and reporting of Aspida’s growing and increasingly complex investment portfolio. 

This role requires hands-on reporting expertise to lead and develop team members through the monthly close process. Taking a leadership role in the monthly close process also requires a transformation mindset to find opportunities to improve the quality and timeliness of the close. This individual will also partner closely with our external investment systems team (Clearwater) and our asset manager, Ares Capital, to onboard new investment transactions.  This role reports to the Head of Investment Accounting and is a hybrid position, requiring onsite presence 3 days per week at our Durham, NC headquarters.

What You Will Do:

• Take a leadership role in the preparation and review of the investment related portions of our quarterly financial statements (US GAAP and US Statutory) and other compliance filings
• Manage the monthly investment close process to ensure that all activities are performed in a timely way to support our overall financial reporting targets
• Review and oversee investment accounting reconciliations and controls to ensure accuracy, completeness, and timeliness
• Identify opportunities to improve the quality and efficiency of our reporting process to ensure that our function is scalable to support Aspida’s fast paced growth 
• Partner cross-functionally with Investments, Treasury, Financial Reporting, Ares Capital, and external service providers to resolve issues and improve processes
• Provide coaching, guidance, and development support to team members

What We Provide:

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

What We Believe:

Not sure if you meet every qualification? We still encourage you to apply! We value inclusivity, welcoming candidates from diverse backgrounds, including non-traditional paths. Unique experiences enrich our team, and the willingness to dream big makes you an exceptional candidate!

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 above listed items.

What We Require:

• 10+ years of accounting and reporting roles, including management experience in the insurance industry with an insurance carrier or top-tier audit firm
• Excellent analytical, problem-solving, and communication skills
• Strong project management skills and the ability to lead cross-functional initiatives 
• Solid technology skills including advanced Excel

Strongly Preferred:

• Experience in reporting and accounting for investments (e.g., fixed income, derivatives, alternatives, or statutory investment accounting)
• Familiarity with an investment accounting platform such as Clearwater Analytics