Athene

Analyst- Reinsurance Accounting & BDA Reporting

Mumbai (NESCO), India Full time

Position Overview

ABOUT APOLLO

Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of June 30, 2024, Apollo had approximately $696 billion of assets under management. To learn more, please visit www.apollo.com.

OUR PURPOSE AND CORE VALUES

Our clients rely on our investment acumen to help secure their future. We must never lose our focus and determination to be the best investors and most trusted partners on their behalf. We strive to be:

The leading provider of retirement income solutions to institutions, companies, and individuals.

The leading provider of capital solutions to companies. Our breadth and scale enable us to deliver capital for even the largest projects – and our small firm mindset ensures we will be a thoughtful and dedicated partner to these organizations. We are committed to helping them build stronger businesses.

A leading contributor to addressing some of the biggest issues facing the world today – such as energy transition, accelerating the adoption of new technologies, and social impact – where innovative approaches to investing can make a positive difference.

We are building a unique firm of extraordinary colleagues who:

Outperform expectations

Challenge Convention

Champion Opportunity

Lead responsibly

Drive collaboration

As One Apollo team, we believe that doing great work and having fun go hand in hand, and we are proud of what we can achieve together.

OUR BENEFITS

Apollo relies on its people to keep it a leader in alternative investment management, and the firm’s benefit programs are crafted to offer meaningful coverage for both you and your family.

The firm and its affiliates comply with applicable discrimination and equal opportunities legislation in all of its jurisdictions and do not discriminate in employment or recruitment based on race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or any other protected characteristic under applicable law.

POSITION OVERVIEW:

Reporting to the Manager Finance, this role is responsible for supporting all accounting and operational aspects of reinsurance transactions.

PRIMARY RESPONSIBILITIES

  • Support all accounting and operational aspects of reinsurance transactions.
  • Create and refine processes to adapt to large and complex transactions.
  • Prepare monthly and quarterly financial reporting journal entries related to reinsurance activities and other related financial reporting calculations.
  • Provide guidance to accountants in the preparation of accounts.
  • Prepare financial reporting disclosures related to reinsurance activities as required in SEC 10-K and 10-Q reporting and stand-alone reporting.
  • Coordinate between finance, actuarial, and legal departments on reinsurance matters.
  • Assist with various areas of the US GAAP, Bermuda Statutory and EBS close.
  • Implement, document, and maintain appropriate processes and controls in accordance with Sarbanes Oxley (SOX) requirements.
  • Participate in process improvement and automation projects.
  • Manage internal and external audit examinations.
  • Participate in other ad hoc projects as required.

Qualifications & Experience

  • CA with 3+ yrs or MBA / Grads with 4+ yrs of accounting experience
  • Knowledge and working experience with US STAT and US GAAP for reinsurance/insurance companies and life/annuity products and bulk annuity / pension risk transfer.
  • Experience with accounting for life insurance and annuities.
  • Experience with Sarbanes Oxley
  • Strong computer skills including Microsoft Excel
  • Current knowledge of Oracle, Essbase and Hyperion preferred.
  • Ability to establish and maintain effective working relationships with other employees and demonstrate adaptability.
  • Perceptive self-starter with excellent problem-solving abilities
  • Ability to effectively manage multiple projects at once.
  • Willingness to work overtime when required to meet deadlines.
  • Strong organization skills and attention to detail.

Apollo provides equal employment opportunities regardless of age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnic or national origin, religion or belief, veteran status, gender/sex or sexual orientation, or any other criterion or circumstance protected by applicable law, ordinance, or regulation. The above criteria are intended to be used as a guide only – candidates who do not meet all the above criteria may still be considered if they are deemed to have relevant experience/ equivalent levels of skill or knowledge to fulfil the requirements of the role. Any job offer will be conditional upon and subject to satisfactory reference and background screening checks, all necessary corporate and regulatory approvals or certifications as required from time to time, and entering into definitive contractual documentation satisfactory to Apollo.