Investment Operations London, England
Job description
Investment Operations Aspen
Hybrid working (3 days per week in the London office, 2 days WFH)
6-month FTC (possibility of extension)
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
Aspen Insurance is a global property and casualty insurance firm with key offices in London, USA and Bermuda. The London office is seeking an experienced operations person to join the Group Investments team which manages a diverse portfolio of assets across the group.
The successful candidate will be an experienced operations person with strong technical and reporting skills coupled with an enthusiasm for accuracy and attention to detail. The role reports to the Group Investments Head of Accounting and Operations and is responsible for investment operations working alongside the external investment manager operations and the investment team. The role is best suited to an organized, collaborative operations specialist with experience of different asset classes, particularly credit and derivatives.
Key accountabilities
- Responsible for maintaining all custody accounts, portfolio accounts and transferring cash and securities as required.
- Work with the custodians to ensure the accurate safekeeping and reporting of assets for each legal entity.
- Monitor and manage the collateral and daily margin calls for liquidity facilities including repos.
- Report and maintain restricted assets related to different aspects of the insurance business.
- Maintain and operate the electronic system used for transferring securities, payments and reporting holdings with the custodians.
- Report the investment holdings across fixed income, equities, alternatives, derivatives and cash for the legal entities.
- Maintain a register of custody accounts and portfolio accounts.
- Liaise with counterparties, custodians, external investment managers, investment banks, and accountants to ensure any issues are resolved in a timely manner.
- Assist with various aspects of investment reporting including the month end process to meet reporting deadlines.
- Assist with internal and external audit queries to ensure smooth audit review process.
- Assist with projects relating to the improvement of processes and other strategic initiatives.
Skills & experience
- 5 years or more experience in investment operations in asset management, insurance or fund services sectors.
- Excellent communication skills, proactive, self-motivated and collaborative.
- Strong technical skills and enthusiasm for accuracy and attention to detail.
- Strong IT skills essential, including advanced level Excel.
- Strong candidates will have completed finance / business studies.
- Relevant knowledge of investment accounting processes such as fund administration.
- Preferred experience in re-insurance sector and Aladdin.
- Preferred accounting qualification (ACA, ACCA, CIMA or equivalent).
Other
At Aspen we know that having a diverse and inclusive workforce is good for our people, good for our business and good for the environments in which we operate. We therefore welcome applications from people which allows us to draw on diverse cultures, perspectives, skills and experiences.
