Job Details

Join a team of investment systems professionals in Farmington, CT that support an investment management company which serves insurance companies throughout the U.S. and abroad.  As a Systems Compliance Analyst, you will have an active role in a variety of areas relating to the codification and support of our investment guideline processes for client(s).

About Us

New England Asset Management, Inc.  ("NEAM") provides asset management services primarily to the insurance industry. With assets under management in excess of $65 billion*, NEAM services include investment management, capital management, risk analytics and investment accounting services. NEAM has developed proprietary decision making tools and specialized services enabling the delivery of asset and capital management solutions to clients within the context of evolving regulatory, accounting and tax issues faced by insurance companies today.

NEAM is a wholly owned subsidiary of General Re Corporation, which is a subsidiary of Berkshire Hathaway Inc.

The firm’s culture is team oriented, collaborative, and intellectually curious. We currently offer an excellent opportunity for a Systems Compliance Analyst in our NEAM office in Farmington CT.

*Represents unaffiliated insurance company asset management clients as of 9/30/17 (for both New England Asset Management, Inc. and New England Asset Management Limited, the majority of which are managed by New England Asset Management, Inc).

Position Description

The Systems Compliance Analyst will be responsible for maintaining the compliance system and the compliance rule library used by NEAM to monitor the firm’s adherence with various client directed, regulatory and risk management guidelines.  This will involve working closely with the Senior Systems Compliance Analyst and various business areas including Compliance, Client Strategy, Trading, Investment Accounting and other Systems personnel.  

The Systems Compliance Analyst will work to codify the guidelines in NEAM’s Trading and Compliance system, Charles River (the “compliance system”).  This position must meet tight deadlines and be able to manage multiple priorities effectively.  The position will have contact with clients, NEAM’s Client Strategists, Compliance personnel and others within the firm, requiring strong interpersonal communication skills in order to provide excellent customer service.

Primary Responsibilities 

• Analyzes requests to implement or modify guidelines and clarifies request so that can be codified within the compliance system 

• Identifies data required from source systems to implement guidelines in the compliance system 

• Codifies guidelines in compliance system by developing new rules or through modification of existing rules 

• Maintains cross reference to contractual guidelines 

• Develops and maintains procedures related to investment guideline compliance codification 

• Stays current with investment guideline compliance best practices and works with the compliance system vendor to improve system capabilities 

• Researches investment guideline compliance issues related to codification 

• Stays current with appropriate regulatory bodies’ guidelines (State, FSA, Canadian & KAGG) and assists with rule implementation by the Firm 

Desired Background and Experience 

The ideal candidate will have 3 or more years of experience working in the investment industry.  Key additional requirements include: 

• Experience with guideline codification as well as monitoring and implementing investment guideline codification compliance procedures (Charles River experience a plus) 

• Strong investments knowledge (CFA or CFA Candidate a plus) 

• Relational database and SQL querying knowledge 

• Solid understanding of investment accounting systems and data (experience with CAMRA investment accounting system a plus) 

• Strong motivation to deliver results that exceed expectations 

• Good at spotting opportunities to introduce efficiencies, cost savings, improvements 

• Adaptable - can quickly adjust priorities to meet fluctuating conditions or needs 

• Good communicator, both up and down the organization

 Contact - Please submit your resume to: bob.emery@neamgroup.com