Athene

AVP Derivative Finance

Athene  •  United States (Onsite)  •  3 hours ago
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Job Description

We are driven to do more. More for our customers and the financial professionals who offer our products. If you are driven to do more and love the challenge of pursuing more, Athene is your kind of company. You will find we offer more than the basics to create an inclusive and dynamic work environment at our various locations.


Purpose:

Athene is seeking an AVP of Derivative Accounting to join its Finance team. This role will assist the VP in overseeing the end-to-end accounting and reporting for Athene’s derivatives portfolio across four bases of accounting—GAAP, Bermuda Statutory, US Statutory, and Management View. The AVP will serve as a subject-matter expert and day-to-day lead, working closely with Investments, Risk, Actuarial, and external auditors to ensure accuracy, completeness, and timeliness of all derivative-related financial reporting.


Accountabilities:

  • Own derivative accounting and reporting under GAAP (ASC 815), Bermuda Statutory, US Statutory (SSAP 86), and Management View frameworks.
  • Review month-end and quarter-end journal entries, roll-forwards, and reconciliations for all derivative instruments (futures, forwards, options, swaps, swaptions, and collateral).
  • Review preparation of derivative footnote disclosures for statutory and GAAP financial statements, including schedule DB.
  • Partner with the VP and Accounting policy team in evaluating the accounting treatment for new hedging programs.
  • Oversee proper accounting implementation of new hedging programs.
  • Assist in the implementation of new accounting standards impacting derivatives and hedging (ASC 815, FASB updates, NAIC guidance).
  • Execute certain review controls related to derivative instruments.
  • Mentor junior staff and contribute to process improvement initiatives within the accounting function.
  • Assist in the implementation of a new end-to-end derivatives system.


Qualifications and Experience:

  • 8+ years of progressive accounting experience with significant exposure to derivatives, hedge accounting, complex financial instruments, and insurance or reinsurance accounting, or relevant experience.
  • 4+ years of direct people leadership experience, including coaching, performance management, talent development, and leading teams through change, or relevant experience.
  • Strong technical knowledge of ASC 815 and SSAP 86, with experience operating in a multi-basis reporting environment, including U.S. GAAP and Statutory reporting frameworks.
  • Demonstrated proficiency with Excel and experience leveraging technology, automation, AI tools, or data analytics to improve reporting, controls, and operational efficiency while delivering accurate results in a fast-paced environment.
  • Proven ability to influence cross-functional stakeholders, drive process improvements, and lead complex accounting initiatives.
  • Bachelor's degree in Accounting, Finance, or related field and CPA preferred.

Preferred Qualifications

  • Big Four or national public accounting firm experience.
  • Familiarity with Bermuda Statutory reporting requirements.


$ - $ USD Annual


Annual Salary for this role is market competitive. Actual salary for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Depending on the role, a discretionary bonus plan or variable sales incentive may be included.

Drive. Discipline. Confidence. Focus. Commitment. Learn more about working at Athene

Athene is a Military Friendly Employer! Learn more about how we support our Veterans

Athene is committed to inclusion and is proud to be an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, marital status, sexual orientation, veteran status or any other status protected by federal, state or local law.

Athene

About Athene

Athene is a leading retirement services company with operations in the United States, Bermuda, Canada, and Japan. Athene is focused on providing financial security by offering an attractive suite of retirement income and savings products to individuals and by serving as a solutions provider to corporations.

Through its subsidiaries, Athene offers:

• Retail fixed, fixed indexed and registered index-linked annuities

• Fixed annuity reinsurance for third-party providers

• Institutional products, such as funding agreements and pension group annuity solutions

Let’s work together to make retirement remarkable. View our employment opportunities at Athene.com/careers.

Learn how to become an Athene financial professional at athene.com/contact.

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Athene’s principal subsidiaries include Athene Annuity & Life Assurance Company, a Delaware-domiciled insurance company, Athene Annuity and Life Company, an Iowa-domiciled insurance company issuing annuities in 49 states (excluding NY) and D.C., Athene Annuity & Life Assurance Company of New York, a New York-domiciled insurance company and issuing annuities in New York, and Athene Life Re Ltd., a Bermuda-domiciled reinsurer. This material should not be interpreted as a recommendation by Athene Annuity and Life Company, Athene Annuity & Life Assurance Company of New York or Athene Securities, LLC.

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This page represents companies owned by Athene Holding Ltd. (West Des Moines, Iowa) using the Athene name including Athene Annuity & Life Assurance Company (West Des Moines, IA), Athene Annuity and Life Company (West Des Moines, IA), Athene Annuity & Life Assurance Company of New York (Pearl River, NY), Athene Securities, LLC (West Des Moines, IA) and Athene Life Re Ltd. (Hamilton, Bermuda).

©2022 Athene. All rights reserved.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
West Des Moines, IA
Year Founded
Unknown
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