Vice President

Vice President, Ares Insurance Solutions at Ares Insurance Solutions LLC (NY, NY). Duties: Advise clients on aspects of regulatory insurance capital consumption. Analyze financial engineering solutions of companies facing financial difficulties to identify or recommend remedies. Collaborate on projects such as Ares iQ system build with other professionals. Conduct financial projection analytics related to investments in green construction or green retrofitting projects. Create client presentations of plan details. Draw charts and graphs, using computer spreadsheets, to illustrate related analytics initiatives. Employ financial projection analytics to develop solutions to financial problems or to assist with insurance M&A pricing and bidding process. Evaluate and compare the relative quality of various securities in a given industry. Evaluate capital needs of clients and assess market conditions to inform structuring of financial packages. Inform investment decisions to senior stakeholders by analyzing financial information to forecast business, industry, or economic conditions. Interpret data on Ares iQ for capital modelling, yield, stability, future investment-risk trends, economic influences, and other factors affecting investment programs. Communicate general economic trends, individual corporations, and entire industries. Supervise, train, or mentor junior team members for resources at Ares Insurance Solutions. Requirements: Bachelors in Accounting, Actuarial Science, Finance, Mathematics, Engineering, Statistics, Computer Science of a related field plus five (5) years of progressively responsible experience in any role/occupation/position involving insurance capital advisory/management with an insurance company. Experience must include: working in capital model development; working in or closely with insurance FP&A functions and capital model development; applying knowledge of US RBC and Bermuda BSCR regulatory capital framework and building necessary capital calculation tools; applying knowledge of how different insurance regulatory capital frameworks treat various investment strategies and asset classes and then forming a tangible commercial recommendation; applying knowledge of different fixed income and equity asset classes, both public and private, in which insurance companies invest; understanding bond mathematic concepts (duration, convexity, option-adjusted spread, z-spread, spread duration, key-rate duration, interest curve building, and bootstrapping); and using the following tools: SQL, Python, MS Excel and VBA. Up to 10% domestic travel required to collaborate with Aspida actuarial and finance teams based in North Carolina and Ares Quant / IT teams based in California, and attend other Ares offsite events. Telecommuting permitted up to 1 day per week within normal commuting distance.. Salary Range: $225,000 to $260,000 Qualified applicants may send resumes to Ares Insurance Solutions LLC via email [email protected], and reference Job Code # VPAIS26.