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Associate – Institutional Accounting
Company | BlackRock |
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Location | Wilmington, DE, USA |
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Salary | $85000 – $117500 |
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Type | Full-Time |
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Degrees | |
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Experience Level | Mid Level |
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Requirements
- Understanding of investment accounting product mechanics including debt instruments, equities and derivatives
- Minimum 3 years of industry experience in investments/markets and understanding of investment accounting
- Knowledge of insurance companies, including the regulatory and accounting constraints and standards under which they operate
- Continuous operational improvement and control enhancement mindset
- Familiarity with product-specific financial reporting and disclosures
Responsibilities
- Developing a thorough knowledge of BlackRock’s capabilities, products and services for insurance companies
- Staying ahead of and effectively communicating the implications of the evolving regulatory landscape and new accounting pronouncements to ensure compliance by our insurance companies, across multiple bases of accounting (i.e., IFRS, US Statutory, US GAAP, etc.)
- Responsible to improve investment reporting for clients through preparation, review and ensure distribution of various accounting packages and reporting schedules
- Supporting business growth within the insurance sector working in partnership with other BlackRock teams
- Completing all quarterly/annual NAIC reconciliations and reporting in compliance with US Statutory guidelines
- Assisting in the continual improvement of the investment reporting production and control processes to optimize efficiency, mitigate risk and incorporate business and product changes, ensuring procedures are maintained in line with all current practices
- Providing complete and accurate review of data to clients’ book of business
- Conducting special projects and initiatives to improve the service offering
Preferred Qualifications
No preferred qualifications provided.