Insurance Operations/Accounting – Directing, reviewing and performing the GAAP/STAT accounting for Alternative Investment products, with a focus on Commercial Mortgage Loans, as well as Regulatory Reporting and full valuations of Insurance Client Assets. Researching new US GAAP and STAT Accounting requirements and establishing project plan for implementing. Also performs analysis and advisory services for new product development and potential external clients.

Prime Responsibilities

Direct team of accounting and operations personnel supporting a sizeable Commercial Mortgage Loan bookSupporting technical configuration into Clearwater Analytics from servicer and AB systems; system owner for product servicing of both client and internal parties accounting data needsManagement level oversight of the Clearwater processing for Commercial Mortgage Loan activity and data which ultimately feeds client ledger and Schedule B reportingProviding Insurance accounting advise to CML front office, deal participation, and support for complex workout scenariosResponsible for Investments Under Surveillance reporting (e.g. allowances and impairments)Responsible for equity investment reporting when loans default and are converted to Real Estate OwnedResponsibility for the accounting interface (journal entries) into the Equitable General LedgerWork within AB to develop processes and controls for new products, with focus on Commercial Mortgage LoansDevelop SOC-1 for insurance products and review of SOC-1 documents issued by AB/EQH service providersWork with internal and external audit teams for SOX and Substantive auditsReview of current and proposed regulatory requirements for alternative products to ensure current and future GAAP and STAT reporting is compliantEnsuring data & reporting are delivered timely and accurately with focus on monthly/quarterly/year-end activities

Secondary Responsibilities

Develop accounting and reporting packages for delivery to Equitable and Third-Party Accounting TeamsResponsibility for the review of accounting packages and journal entries for the following Private Alts products into the EQH General Ledger:Merger Arb FundCLO FundsCarVal Residential MortgagesECRED FundAB Lend Fund (Private Credit Loans)Private Placements and other Specialty Direct InvestmentsSupport Private Alts Infrastructure and Insurance SBUs on new products, RFP’s and other client requirementsSupport AB Investment professionals & Client Group/Sales in respect of rules & regulation changes (e.g. NAIC updates)Nashville, Tennessee