Analyst, Data Operations, Ares Insurance Solutions (AIS)

Ares Management; New York (NY); On-site; USD 110,000 - 150,000; Full time

Job summary

Ares Insurance Solutions (AIS) is seeking an Analyst to support the Asset Analytics and Data Operations function, ensuring the quality and completeness of investment data used across investment management and forecasting processes.

The role involves investigating data anomalies, coordinating with Finance, Accounting, and Technology teams, and contributing to FP&A inputs, data governance, and model inputs for projections.

Responsibilities

• Monitor the quality, accuracy, and completeness of investment data across asset classes (public fixed income, structured products, private credit, mortgages, alt investments).
• Perform daily, monthly, and quarter-end reconciliations across investment accounting systems, portfolio management platforms, custodians, data warehouses, and analytical apps.
• Investigate and resolve reconciliation breaks involving positions, market values, book values, cash balances, accrued interest, investment income, ratings, security master attributes, and cash flows.
• Analyze data anomalies and reconciliation exceptions across sources and determine root causes (source feeds, accounting treatment, transformations, systems, timing, processes).
• Partner with Investment Operations, Accounting, Technology, and external providers to investigate and resolve data issues and validate remediation.
• Maintain reconciliation inventories, exception logs, and support docs to ensure transparency and auditability of the resolution process.
• Ensure data consistency across upstream/downstream systems supporting investment management, actuarial modeling, FP&A, regulatory and management reporting.
• Assist in establishing data quality controls, exception monitoring, and workflows to identify anomalies before impacting business processes.
• Support data validation for new security onboarding, portfolio transfers, acquisitions, system implementations, and data migration projects.

Job description

Over the last 20 years, Ares' success has been driven by our people and our culture. Today, our team is guided by our core values - Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy - and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

Job Description

Ares Insurance Solutions (AIS) is seeking an Analyst to support the Asset Analytics and Data Operations function responsible for investment portfolios backing life and annuity insurance liabilities. This role will focus on maintaining the quality, accuracy, and completeness of investment data used across investment management, actuarial, finance, and forecasting processes.

The Analyst will play a key role in identifying, investigating, and resolving data anomalies, reconciliation exceptions, and data discrepancies across multiple investment systems and data sources, helping ensure the integrity and reliability of investment data used across the organization. Working closely with Asset Analytics, Investment Operations, Finance, Accounting, and Technology teams, the Analyst will support critical data governance and operational processes. The individual will also assist with the preparation and validation of asset-related inputs for FP&A and projection models and may support the execution of forecasting tools and processes.

This role is well-suited for a detail-oriented professional interested in investment operations, insurance asset management, data governance, and cross-functional problem-solving.

Responsibilities:

Asset Data Management and Reconciliation

• Monitor the quality, accuracy, and completeness of investment data across various asset classes, including public fixed income, structured products, private credit, mortgages, and alternative investments.
• Perform daily, monthly, and quarter-end reconciliations across investment accounting systems, portfolio management platforms, custodians, data warehouses, and analytical applications.
• Investigate and resolve reconciliation breaks involving positions, market values, book values, cash balances, accrued interest, investment income, ratings, security master attributes, and cash flows.
• Analyze data anomalies and reconciliation exceptions across multiple sources and determine root causes, whether related to source feeds, accounting treatment, data transformations, system configurations, timing differences, or operational processes.
• Partner with Investment Operations, Accounting, Technology, and external service providers to investigate and resolve data anomalies and reconciliation exceptions and validate remediation efforts.
• Maintain reconciliation inventories, exception logs, and support documentation to ensure transparency and auditability of the resolution process.
• Ensure data consistency across upstream and downstream systems supporting investment management, actuarial modeling, FP&A, regulatory reporting, and management reporting.
• Assist in establishing and enhancing data quality controls, exception monitoring, and operational workflows to proactively identify anomalies before they impact business processes.
• Support data validation efforts related to new security onboarding, portfolio transfers, acquisitions, system implementations, and data migration projects.

Cross-Functional Coordination

• Serve as a key liaison between Asset Analytics, Investment Operations, Finance, Accounting, Actuarial, and Technology teams.
• Communicate data anomalies, reconciliation findings, business requirements, and remediation priorities to stakeholders across functions.
• Coordinate exception resolution efforts from identification through testing, validation, and closure.
• Participate in user acceptance testing (UAT) for system enhancements, data feeds, platform upgrades, and process changes.
• Maintain documentation of data definitions, business requirements, reconciliation procedures, exception management workflows, and operating controls.

FP&A and Projection Support

• Prepare, validate, and reconcile asset-related inputs used in FP&A forecasts, planning exercises, and financial projection models.
• Ensure completeness and accuracy of portfolio attributes, asset cash flows, yields, spreads, ratings, durations, reinvestment assumptions, and other modeling inputs.
• Support periodic forecasting and planning processes by providing timely and accurate data extracts and validation checks.
• Assist in executing asset-side projection tools and perform reasonability reviews of outputs.
• Investigate and resolve data anomalies, exceptions, or inconsistencies that may impact model inputs, assumptions, or projection results.

Process Improvement and Data Governance

Identify opportunities to improve reconciliation pro