Associate- Reinsurance Ops & Accounting

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 Sr Manager, Reinsurance Operations, this position is responsible for supporting all accounting and operational aspects of reinsurance transactions.

PRIMARY RESPONSIBILITIES

• Assist with developing and refining streamlined operational processes to ensure timely and accurate reinsurance reporting and settlements.
• Prepare monthly and quarterly deliverables, including certifications, in line with reinsurance treaties and other relevant agreements Support strong operational controls environment.
• Prepare broker fee calculations and invoicing as required.
• Maintain log of reinsurance settlements and cash recons.
• Document and maintain appropriate processes and operational controls.
• Upload reinsurance cash flows to treasury system to help facilitate liquidity management consistent with treaty terms.
• Assist with internal and external audits,
• Participate in other adhoc projects as required.

Qualifications & Experience

• Bachelor’s degree, plus a U.S. Certified Public Accounting (CPA) qualification or equivalent to the U.S. CPA supplemented by a minimum of one (1) year of professional experience.
• Accounting and operations for U.S. reinsurance business preferred.
• Experience with US STAT for reinsurance/insurance is an asset.
• Proficiency in Microsoft Office and advanced analytical spreadsheet skills essential
• Demonstrated initiative with excellent problem solving and communication skills.
• Willingness to work overtime when required to meet deadlines.
• Strong organizational skills and attention to detail
• Demonstrated values of collaboration, ownership, and results delivery