Job Description

Insurance Operations/Accounting - Performing the GAAP/STAT accounting for Alternative Investment products, as well as Regulatory Reporting and full valuations of Insurance Client Assets. Also performs analysis and advisory services for new product development and potential external clients.Prime Responsibilities
Work on accounting and reporting deliverables with Equitable Accounting Teams
Responsibility for the accounting interface (journal entries) into the Equitable General Ledger
Work with the AB PCI Middle Market Loan team to ensure the propriety of Equitable's PCI portfolio.Responsibility for the review of accounting packages and journal entries for the following Private Alts
products into the EQH General Ledger
\xe2\x96\xa0 MergerArb Fund
\xe2\x96\xa0 CLO Funds
\xe2\x96\xa0 CarVal Residential Mortgages
\xe2\x96\xa0 ECRED Fund\xe2\x96\xa0 AB Lend Fund
\xe2\x96\xa0 CRED, Private Placements and other Specialty Direct InvestmentsReview of SOC-1 documents issued by AB/EQH service providers
Review of current and proposed regulatory requirements for alternative products to ensure current and future GAAP and Stat reporting is compliantEnsuring EQH data & reporting are delivery timely and accurately with focus on monthly/quarterly/year-end activities

• Secondary Responsibilities
• Oversight of the Clearwater processing for alternative assets
• Support Private Alts Infrastructure and Insurance SBUs on new products, RFPs and other client requirements
• Support AB Investment professionals & Client Group/Sales in respect of rules & regulation changes (e.g. NAIC updates)

What makes this role unique or interesting?
Fast growing insurance asset management distribution channel at AB. Looking for motivated individual with strong communication, relationship and analytical skills. Areas of expertise include US GAAP and statutory investment accounting, investment operations and SOX/SOC-1 controls, systems implementation, workflow analysis and process improvement.
Knowledge of fixed income, equity securities and derivatives a plus.Job Qualifications:

3 years Accounting experience

• Bachelor of Science in Accounting
• CPA/CFA Preferred Pune - Offsite

AllianceBernstein