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 is seeking a full-time Associate to join our dynamic and growing Insurance Solutions team. The Associate will provide day to day operations and analytics support across all aspects of our business and work closely with senior members of Ares Insurance Solutions (“AIS”) on a variety of activities. AIS is an in-house team that provides asset management, capital solutions and corporate development services to Ares Management’s strategic initiatives in insurance, including Ares’ new life and annuity platform, Aspida Financial. The new Associate will work collaboratively with AIS leadership, investment teams inside and outside Ares, corporate strategy, and other stakeholders to support the growth of the insurance business. 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. Primary functions & responsibilities: The Associate will provide support for the day-to-day activities for senior members of Ares Insurance Solutions. Key responsibilities include, but not limited to: Monitor and analyze investment portfolios to develop an understanding of positioning and how the team can enhance portfolios to support the objectives of Aspida/Aspida Re. Updating and managing asset/market grid templates to support asset allocation decision making. Performing portfolio optimization to support asset allocation process, using existing AIS models. Supporting production of risk and compliance reports. Collaborating with Ares asset managers and Operations teams to source and aggregate security level analytics, including cash flows, duration, spread, etc. Providing analytical support and preparation of capital utilization reports. Supporting the validating and reviewing models, built within AIS and / or sent to AIS by other parts of Ares / Aspida businesses. Preparing investment committee memos, board presentations, regulator and / or rating agency materials. Providing ad-hoc analytical and reporting support as needed by the AIS Team. Qualifications: Education: Bachelor’s Degree required, preferably in Computational Finance, Economics, Engineering, Statistics, or related field. Professional designations such as CFA, CPA, FRM, CAIA, etc. or an accredited actuarial qualification would be viewed favorably, but not essential Experience/Skills Required: Minimum of 3 years of asset management or other financial services experience with solid quantitative, financial, and analytical skills. Excellent technical skills including knowledge of Python, SQL, Excel, applied statistics, data science, stochastic modeling, and optimization Knowledge of public and private asset classes, including risk and return modeling Experience in working with investment data and security-level analytics Private equity caliber drive and self-motivation; ability to work effectively in a collegial, fast moving, demanding, and dynamic environment with a focus on accuracy and attention to detail Creative problem solver, with intellectual curiosity, positive attitude, and hands on attitude Strong interpersonal and communication abilities; team player Familiarity with insurance concepts helpful Discipline to complete assigned tasks timely under limited / remote supervision Flexibility to work US east coast / Europe time zone Reporting Relationships Deputy Chief Investment Officer, Ares Insurance Solutions Compensation The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role. $145,000-165,000 The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include Comprehensive Medical/Rx, Dental and Vision plans; 401(k) program with company match; Flexible Savings Accounts (FSA); Healthcare Savings Accounts (HSA) with company contribution; Basic and Voluntary Life Insurance; Long-Term Disability (LTD) and Short-Term Disability (STD) insurance; Employee Assistance Program (EAP), and Commuter Benefits plan for parking and transit. Ares offers a number of additional benefits including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a mindfulness and wellbeing app, financial wellness benefit that includes access to a financial advisor, new parent leave, reproductive and adoption assistance, emergency backup care, matching gift program, education sponsorship program, and much more. There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active. Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of September 30, 2023, Ares Management's global platform had approximately $395 billion of assets under management(1) with more than 2,800 employees operating across North America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com. Ares Management LLC (together with its related operating and administrative subsidiaries, “Ares Management”) is an Equal Employment Opportunity employer and considers all applicants for employment without regard to race, color, religion, ethnicity, creed, sex, age, national origin, alienage or citizenship status, disability, medical condition, pregnancy, marital status, partnership status, sexual orientation, status regarding public assistance, military or veteran status, domestic violence victim status, gender identity and expression, transgender status, genetic information, status as unemployed, political affiliation or any other characteristic protected by federal, state or local law. Ares Management will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Fair Chance Initiative for Hiring Ordinance. (1) As of September 30, 2023. AUM amounts include funds managed by Ivy Hill Asset Management, LP., a wholly owned portfolio company of Ares Capital Corporation and registered investment adviser.