Director of Investments Middle Office
Director of Investments Middle Office
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Job Description
Title:
Director of Investments Middle OfficeCompany:
Everest Global Services Inc.Job Category:
FinanceJob Description:
About Everest:
Everest Group Ltd. (Everest) is a leading global reinsurance and insurance provider operating for nearly 50 years through subsidiaries in North America Latin America the UK & Ireland Continental Europe and Asia Pacific regions. Throughout our history Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities a strong balance sheet and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs mentoring opportunities flexible work arrangements and Colleague Resource Groups.
Job Summary:
Everest Global Ltd. is seeking to add a Director of Investments Middle Office headquartered in Warren New Jersey. The Investment Middle Office is a new team being created within the Everest Investment department to act as the intermediary between investment management and investment accounting. The Director of Investments Middle Office will manage data integrity of our investment book through inputs to our accounting platform PAM and supporting the integration of investment accounting data with various other sources in our data warehouse. This new position will also be responsible for training and delegating responsibilities to one or more analysts as we grow this new team. The Director of Investments Middle Office must be detail oriented have strong organizational skills and be able to multi-task efficiently. The ideal candidate will have experience in investment reporting have technical knowledge of investment accounting and a strong understanding of financial markets.
Responsibilities:
Oversee all processes that feed data to our investment accounting system (PAM) including Security Master Files (SMF) cash matching and private market transactions.
Manage the Custody to PAM reconciliation process
Reconcile and review data between the internal ledger PAM and the internal data warehouse
Responsible for accuracy and maintenance of static data in both PAM and the internal data warehouse
Manage the cash and cash suspense accounts at month-end
Provide support for the accounting department by promptly preparing materials for their reporting needs
Provide analytics for changes in GAAP Actuals on a quarterly basis
Support investment portfolio managers both internal and external with ad hoc requests
Train junior staff and develop new processes as this team grows and takes on more responsibilities
Work Experience and Qualifications:
7-15 years experience in either investment operations reporting and/or accounting
Experience with private market investments (fixed income equity partnerships)
Familiarity with the PAM accounting platform
Bachelors degree in Accounting or Finance
Masters degree in business finance or accounting. or a professional designation (CPA CFA) a plus
Proficient in Excel and Power BI
Experience using VBA SQL and or Python a plus
Familiar with Bloomberg Aladdin and Oracle a plus
Work experience at an insurance/reinsurance company a plus
Our Culture
At Everest our purpose is to provide the world with protection. We help clients and businesses thrive fuel global economies and create sustainable value for our colleagues shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture.
Our Values are the guiding principles that inform our decisions actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity Equity and Inclusion.
Our Colleague Behaviors define how we operate and interact with each other no matter our location level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.
All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues and the global communities we serve.
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#LI-Hybrid
What if I dont meet every requirement At Everest we are dedicated to building an inclusive and authentic workplace. So if you are excited about this role but your past experience doesnt align perfectly with every element in the job description we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.
Our Culture
At Everest our purpose is to provide the world with protection. We help clients and businesses thrive fuel global economies and create sustainable value for our colleagues shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Clickhereto learn more about our culture.
- Our Valuesare the guiding principles that inform our decisions actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
- Our Colleague Behaviorsdefine how we operate and interact with each other no matter our location level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.
All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues and the global communities we serve.
Type:
RegularTime Type:
Full timePrimary Location:
Warren NJAdditional Locations:
Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion or creed sex (including pregnancy) sexual orientation gender identity or expression national origin or ancestry citizenship genetics physical or mental disability age marital status civil union status family or parental status veteran status or any other characteristic protected by law. As part of this commitment Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process to perform essential job functions and/or to receive other benefits and privileges of employment please contact Everest Benefits at
Required Experience:
Director
Employment Type
Full-Time
