About us
Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business partners through carefully-tailored solutions.
We believe the way we work is just as important as the work we do, and we are guided by our core values of respect, honesty, trust and professionalism.
Aspen is a great place to develop your career offering an exciting and challenging environment where achievement is rewarded.
The role
Responsible for the timely and accurate delivery of all aspects of the month, quarter end and full year management and statutory reporting processes relating to Aspen’s investment portfolios across up to 10 entities and a $8bn of assets under management. This role requires working closely with the Group Investment team, Entity Finance teams, external asset manager operations teams, custodians, Lloyds of London and outsourced investment accounting service providers across several locations and jurisdictions.
Our Aspen Values are expected to be reflected in the delivery and performance of every role.
Key accountabilities
Strategy and Planning
- Inputs to and translates organisation vision and Divisional/Functional strategy into operational deliverables and provides tactical leadership and support to managers to achieve positive results for the business in line with strategy
- Drives business performance through others facilitating effective planning, control and support mechanisms to ensure delivery of the business plan in line with market and shareholder expectations
- Benchmarking against strategic objectives
- Delivery of profitable growth of business
- Achievable tactical plan with informed targets clearly articulated/cascaded
- Regulator reports positive
- Achievement of cost synergies and integration benefits
- Delivery of business and financial targets (COR, profit and NWP etc.)
- Alignment, and engagement of all business areas behind strategic goals
Policy, Process and Procedures
- Identifies and directs process improvements across the team, department and/or business unit for assigned areas of responsibility
- Ensuring a robust control environment exists relating to investment accounting and custody services.
- Ensuring robust supplier management practices are in place across all relevant providers;
- Ensure all outsourced processes are supported by comprehensive SLAs and contracts
- Work closely with the Group Investment team to ensure all existing and new asset classes are accurately reported in the financial statements and any associated regulatory reporting across all jurisdictions.
- Timely and accurate delivery of all investment accounting and investment operational processes
- Ensures data accuracy of all inputs and outputs relating to these investment accounting processes
- Compliance with regulatory requirements with regard to reporting of investment results within all regulatory disclosures
- All risk events promptly recorded, investigated and rectifications put in place
Environmental Awareness/Customer Focus
- Relationship management and close oversight of global custodians and investment accounting outsourced providers ensuring services are provided in line with agreed deliverables.
Skills & experience
Knowledge And Experience
- Strong knowledge of US GAAP/ UK GAAP/ IFRS/ BMA/ Solvency II reporting requirements.
- Good working knowledge of US NAIC regime.
- Good working knowledge of custody operations.
- Chartered Accountant with extensive investment operations experience through inhouse / outsourced providers.
- Experience of risk management and control framework design and implementation.
Other
We're committed to making Aspen a great place to work, where you're rewarded and recognised for your efforts. As well as your pay and discretionary performance related bonus, you'll also enjoy a huge range of benefits. There are plenty of options available with our exciting benefits package, designed for your health, your family and to help ensure that you enjoy the most from your lifestyle.
SVP Group Investments Accounting and Operations (UK) in London employer: Aspen Insurance
Aspen is an exceptional employer that fosters a dynamic and inclusive work environment, where respect, honesty, trust, and professionalism are at the core of our values. As an Actuary in our UK Actuarial Function, you will have the opportunity to engage in meaningful projects, develop your skills, and collaborate with talented colleagues while being rewarded for your achievements. Our commitment to employee growth and a supportive culture makes Aspen a fantastic place to advance your career in the insurance industry.
