Manager- ACE Asset Management- Investment Accounting & Reporting

Never settle for less.  Ambitious, dynamic professionals working toward their goals find inspiration in careers with the ACE Group.  We draw on worldwide talent to create and develop our outstanding and diverse workforce. With our broad range of career opportunities, culture of excellence and remarkable growth potential, we attract professionals with the intellectual firepower and flexibility to respond with creative solutions to the needs of our customers. We're a company that makes things happen and we enjoy working with individuals who thrive on extraordinary projects and remarkable results.  As a growing and dynamic force in the Property and Casualty business, our diversified range of products and services is making an impact. Join us and work with a dedicated team in an environment that supports your efforts and rewards you for a job well done. ACE is dedicated to recruiting and developing talented individuals with the knowledge, ability and desire for success. With our strong capital base, financial stability, diversified earnings stream, and multinational operating platform, we offer an excellent opportunity for your future growth and development. Details of this position follow:

 

MAJOR DUTIES & RESPONSIBILITIES 

§ Plan, develop and direct the implementation of improved processes and procedures to enhance the financial reporting of the ACE Limited investment portfolio

§ Work closely with the Accounting Policy Unit to monitor accounting rule-making bodies and assess potential impact on the investment organization and reporting

§ Lead efforts to improve the process and controls supporting the financial reporting of the global investment portfolio 

§ Direct departmental efforts related to documentation and monitoring of compliance with the applicable provisions of the Sarbanes-Oxley Act of 2002

§ Oversight of external investment pricing including maintaining dialogue with external pricing sources and ongoing documentation of pricing policies and procedures

§ Ensure proper application of GAAP, SAP and SEC regulations related to investments

 

MINIMUM QUALIFICATIONS

§ Bachelor’s degree in Accounting/Finance, CPA preferred

§ Minimum 5 years accounting experience within the financial services industry

§ Solid knowledge of GAAP and Statutory accounting for financial instruments

§ Proven accounting experience applying GAAP and Statutory accounting principles

(Working knowledge of FAS 133, 155, 157, 159 preferred)

§ Strong project management and research skills

§ Excellent verbal and written communication skills

§ Strong analytical skills and aptitude for detail

§ Ability to think critically, analyze, prioritize, take initiative and problem-solve

§ Excellent PC skills are essential, specifically Excel

§ Knowledge of Princeton Financial Pam System a plus

 

As one of the world’s few truly global property and casualty insurance and reinsurance organizations, the ACE Group of Companies answers the insurance needs of commercial and individual customers in more than 140 countries and jurisdictions. Our diverse product mix and extensive global presence give us competitive advantage and financial stability.  A global insurance and risk management company, ACE has more than 15,000 employees located at offices in over 50 countries. For 2007, ACE had gross written premiums of approximately $18 billion, net income of over $2.5 billion, market capitalization of approximately $20 billion, and assets in excess of $72 billion. Covered by most of Wall Street’s major securities houses, ACE is traded on the New York Stock Exchange under the ticker symbol ACE.  Our strong capital base, financial stability, diversified earnings stream and multinational operating platform are strong indicators that we’re strategically well positioned for future growth and development.

 

Forbes® lists ACE among its Global High Performers as well as one of the Platinum 400 Best Big Companies:

http://aol.forbes.com/lists/2008/18/biz_2000global08_The-Global-2000-Insurance_9Rank.html

http://www.forbes.com/lists/2007/88/biz_07platinum_The-400-Best-Big-Companies-Insurance_7Company.html