Aflac Global Investments located in the heart of the financial district is the organization who’s responsible for the overall investment activities of Aflac, Inc. With more than 100 employees in US (New York) and Japan (Tokyo); Aflac’s Global Investments organization seeks to maximize risk-adjusted returns subject to our liability profile and capital requirements and generates in excess of $3.0 billion a year in net investment income.
Eric Kirsch, global chief investment officer, was named to the Power 100 List of CIOs by Chief Investment Officer Magazine in 2019 for the fifth consecutive year; recognition that only one of just two U.S. insurance CIOs to make the list. Eric was also named Top 30 CIOs by Trusted Insight in 2019 for a fourth consecutive year. In 2018, Eric also received for the first time Finance Executive of the year – Gold award from Best in Biz Awards” which is the only independent business awards program judged each year by prominent editors and reporters from top-tier publications from Associated Press to the Wall Street Journal.
Aflac Incorporated was founded in 1955 and is headquartered in Columbus, Georgia.
When a policyholder gets sick or hurt, Aflac pays cash benefits fast. For six decades, Aflac insurance policies have given policyholders the opportunity to focus on recovery, not financial stress. In the United States, Aflac is the leading provider of voluntary insurance at the work site. Through its trailblazing One Day PaySM initiative, Aflac U.S. can receive, process, approve and disburse payment for eligible claims in one business day. In Japan, Aflac is a leading provider of medical and cancer insurance and insures 1 in 4 households. Aflac individual and group insurance products help provide protection to more than 50 million people worldwide. As of December 31, 2020, Aflac total investments and cash were $149.8 billion compared to $138.1 billion at December 31, 2019 and $126.2 billion at December 31, 2018; with stable annual revenues of more than $22 billion for the last three years.
For twelve consecutive years, Aflac has been recognized by Ethisphere magazine as one of the World's Most Ethical Companies. In 2018, Fortune magazine recognized Aflac as one of the 100 Best Companies to Work For in America for the 20th consecutive year. Also, in 2019, Fortune magazine included Aflac on its list of Most Admired Companies for the 20th time, ranking the company No. 1 in innovation for the insurance, life and health category. Aflac Incorporated is a Fortune 500 company listed on the New York Stock Exchange under the symbol AFL.
Within Aflac’s Global Investments division, the Assistant Vice President in Investment Compliance is a member of the New York Legal, Regulatory, and Compliance team. The position requires experience with investment guideline monitoring and pre-trade clearance for an insurance asset manager, along with the ability to analyze and address complex issues in support of Aflac’s overall business objectives.
Working knowledge of the Investment Advisers Act of 1940, Securities Act of 1933 and Securities Exchange Act of 1934 and their respective regulations and the ability to analyze and identify the application of existing and proposed regulations to registered investment advisers is a must.
Work to limit regulatory and reputational risk of Aflac and help to reinforce Aflac Global Investment’s culture of compliance.
Conduct daily review and monitoring of pre-trade and batch portfolio compliance with respect to regulatory and internal rules and restrictions across all portfolios managed by Aflac Global Investments.
Oversee maintenance and administration of the automated compliance system, including assignment of system access and appropriate updates and configuration of tolerances and limits.
Monitor and recommend appropriate controls to cover non-programmable guideline restrictions on a timely basis
Monitor developments and maintain familiarity with SEC, Nebraska and New York Insurance Law, NAIC, Japan FSA, and US CFTC developments.
Provide research on investment compliance related issues.
Provide guidance on permissible investment and transaction-related activities.
Review, interpret and summarize investment guidelines for new mandates.
Develop and provide training and guidance on internal governance, supervisory controls and policies, and recent developments.
Prepare management reporting.
Work closely with Aflac US and Japan Operations, Risk and Legal teams to develop and support control functions and exception reporting.
Ensure that identified errors, improper conduct, compliance exceptions to regulatory or policy requirements receive appropriate corrective action.
Perform and assist in the documentation of compliance forensic testing of adherence to firm policies and procedures and the 206(4)-(7) review.
Interface with other Aflac Compliance functions and Investment Risk as appropriate on matters relating to the firm’s investment activities
Participate in matters concerning Japan FSA or Nebraska Department of Insurance issues as they relate to the Investment Division and the SEC
7+ years of experience in Insurance Industry or Asset Management Investments Compliance (Fixed Income a plus)
Good working knowledge/understanding of Portfolio Management / Investment Operations workflows and processes
Good working knowledge/understanding of US and Japan Insurance Industry Regulations as they pertain to investment management
Understanding of US, Japan and state securities and derivatives regulations as they pertain to Insurance Industry Investment activity
Excellent analytical and research skills; ability to solve problems
Ability to interface with all levels of management
Ability to work effectively with other individuals and departments
Self-motivated individual with the willingness to learn and take on additional responsibilities over time
Ability to work under pressure.
Ability to solve problems.
Excellent written and oral skills;
Microsoft Office Suite (Excel, Access, PowerPoint, Word, Outlook)
Experience with any pre-trade compliance or portfolio management system (such as Bloomberg, Charles River, Blackrock Aladdin (preferred), etc.)
Additional Salary Information: Compensation is commensurate based on experience. In addition to annualized salary; annual discretionary bonus, matching 401(k), Major Medical, Dental, Vision, along with other benefit offerings.
About Aflac Asset Management, LLC., d.b.a. Aflac Global Investments
Aflac Asset Management, LLC., d.b.a. Aflac Global Investments located at 100 Wall Street, New York, NY 10005.