FAQs
What is the primary responsibility of the Insurance Accounting - Associate 2 position?
The primary responsibility includes calculating and validating the daily, weekly, or monthly Net Asset Value (NAV) for assigned funds, along with various reconciliations and accounting entries to ensure accuracy and timeliness.
What are the experience requirements for this position?
A minimum of 2+ years of Fund Accounting experience is required, along with knowledge of securities language and legal requirements.
What educational background is preferred for applicants?
Applicants should have a Bachelor’s degree or equivalent work experience in Accounting, Economics, Finance, Technical, or a related field.
Are there specific software skills required for this job?
Yes, proficiency in Microsoft Office products, particularly Excel and Word, is required.
Is there a requirement to work night shifts?
Yes, candidates should be comfortable working in night shifts.
What skills are emphasized for the Insurance Accounting - Associate 2 role?
Excellent communication, organization, interpersonal planning, and analytical skills are emphasized, along with being deadline and detail-oriented.
Will training be provided for new team members?
Yes, the role involves assisting and training others in the team with their NAV calculation and problem resolution.
What types of securities will the associate be reconciling?
The associate will reconcile various portfolio positions including equities, bonds, swaps, options, foreign exchange, futures, and other evolving derivative instruments.
What is the goal for accuracy in this position?
The goal is to achieve 100% accuracy, timeliness, and completeness in all responsibilities related to fund accounting.
How important is teamwork in this position?
Teamwork is important as the associate will assist and train other team members, contributing to a collaborative work environment.