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Reinsurance Accounting Associate

ghd · 30+ days ago
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COMPANY OVERVIEW

Global Atlantic Financial Group is a leader in the U.S. life insurance and annuity industry, serving the needs of individuals and institutions. Global Atlantic is a wholly-owned subsidiary of KKR, a leading global investment firm that offers alternative asset management across multiple strategies and capital markets solutions. 

We are looking for a diverse team of talented individuals who reinforce our culture of collaboration and innovation. We are dedicated to the career development of our people because we know they are critical to our long-term success. Join our team and come grow with us. 

The KKR-Global Atlantic partnership - The Global Atlantic Story 

Greenhouse is our scheduling tool and we communicate through their systems. At times, your email may block our communications. Please be sure to check your SPAM so that you do not miss critical information about our process, including scheduling. 

POSITION SUMMARY

Global Atlantic is seeking an Associate responsible for completing a high volume of accounting, reporting and controls to support the strategic developments within the company, specifically related to scaling our investment accounting function in support of critical reinsurance counterparties and investors.  Ability to process, understand, and analyze a high level of data from various sources is a must.  Collaborating with multiple functions and departments to clearly identify the business need is a critical component of this role requiring excellent interpersonal skills, flexibility and critical thinking.  We expect this candidate to be an individual contributor reporting to the AVP of Investment Accounting, Reinsurance. 

The role will offer exposure to multiple levels of management and GA functions, including Finance / Controllers, IT, Bermuda Finance, Investment Operations, and Institutional Markets.  The role is critical in supporting Global Atlantic’s responsiveness to reinsurance counterparties.  All candidates must, in addition to possessing the specific qualifications cited below, work well within a complex, fast-paced, fluid environment, and have strong organizational and interpersonal skills.

Responsibilities include, but are not limited to:

  • Produce required Investment disclosure to support quarterly audited financials for multiple legal entities
  • Research and improve monthly roll forward reports on 30-40 trusts
  • Contribute to automation and process redesign projects, leveraging system tools (EDH data warehouse, Tableau, Python) to the greatest extent possible.
  • Work closely with the reinsurance accounting team and the Bermuda finance team in support of management initiatives and regulatory requirements
  • Support AVP in preparing for and executing new transactions
  • Improve holdings and trust reporting analysis

QUALIFICATIONS

  • Bachelor’s degree in Accounting, Finance or related.
  • 5+ years of relevant experience, public accounting a plus. Insurance or financial services experience helpful.
  • Excellent computer skills, familiarity with tools such as Tableau, or other query tools.
  • Strong research and problem solving capabilities a must.
  • Solid understanding of GAAP accounting principles.  Familiarity with statutory, investments, reinsurance preferred.
  • Familiarity with investment accounting systems (Clearwater) helpful.
  • Pro-active, detail oriented, deadline driven, highly responsive to customer inquiries.
  • Results oriented, flexible, self-motivated, and able to work in a team environment with limited direct supervision.

This role is not eligible for visa sponsorship now or in the future. 

#LI-LP1

#LI-Hybrid

Various jurisdictions have passed pay transparency laws that require companies provide salary ranges for any positions for which they are accepting applications. Global Atlantic has offices in Atlanta, Batesville, Bermuda, Boston, Des Moines, Hartford, Indianapolis, and New York City. The base salary range posted below is inclusive of the lowest cost of living geography to the highest in which we have a Global Atlantic office. 

Global Atlantic’s base salary range is determined through an analysis of similar positions in the external labor market. Base pay is just one component of Global Atlantic’s total compensation package for employees and at times we hire outside the boundaries of the salary range. Other rewards may include annual cash bonuses, long-term incentives (equity), generous benefits (including immediate vesting on employee contributions to a 401(k), as well as a company match on your contributions), and sales incentives.  Actual compensation 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. Compensation for our more senior positions have a larger component of short-term cash bonus and long-term incentives. 

The base salary range for this role is
$82,000$156,000 USD

Global Atlantic reserves the right to modify the qualifications and requirements for this position to accommodate business needs and regulatory changes.  Future adjustments may include obtaining specific licenses or certifications to comply with operational needs and conform to applicable industry-specific regulatory requirements, state and federal laws.

TOTAL REWARDS STATEMENT  

Global Atlantic’s total rewards package is reflective of our corporate values, particularly diversity, excellence and innovation, with a focus on inclusion, pay equity, and flexibility. We are proud to support your personal and professional growth and well-being through programs such as educational assistance, virtual physical therapy, remote/onsite fitness reimbursement, a medical second opinion program, pet insurance, military leave, parental leave, adoption assistance, fertility and family planning coverage. We strive to foster a culture of total well-being through community outreach and charitable giving programs.

We are active in our communities:

  • New York: StreetWise Partners, Covenant House, Partnership for New York City, City Meals on Wheels, Habitat for Humanity, Billion Oyster Project
  • Boston: Cradles to Crayons, Boston’s Healthcare for the Homeless, Thompson Island Outward Bound, Rosie’s Place, Catie’s Closet, Project Bread, Rise Against Hunger, Space to Thrive
  • Hartford: Junior Achievement, Habitat for Humanity, Oliver’s Pajama, United Way
  • Indianapolis: Elevate Indianapolis, Gleaners Food Bank and the Juvenile Diabetes Research Foundation
  • Batesville: So Loved Ripley County Foster Closet, Safe Passage Family Shelter, YES Home Juvenile Rehabilitation, Ripley County Community Foundation
  • Des Moines: United Way of Central Iowa, Meals from the Heartland, Junior Achievement, Math Motivators, Bidwell Riverside, Orchard Place, Knock and Drop
  • Berwyn/Wayne: Habitat for Humanity, Chester County Food Bank, Surrey Services, For Pete’s Sake Respite
  • Bermuda: Keep Bermuda Beautiful, Center Against Abuse, Trunk Island Nature Reserve, Bermuda Economic Development Corporation

Social platforms provide an environment to collaborate with others and participate in friendly competitions towards achieving physical, emotional and financial well-being. Our highly competitive health, retirement, life and disability plans can be tailored to best suit your needs and those of your whole family.

Global Atlantic is committed to creating an inclusive environment where everyone can meaningfully contribute to our success. We are proud to be an equal opportunity employer and we do not discriminate in employment on any basis that is prohibited by federal, state or local laws.  More than that, we strive to be inclusive of all backgrounds and experiences, which we feel gives us a competitive advantage in the market and within our firm.  All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, age, or veteran status. 

Employees who require an accommodation to perform the essential functions of their job will participate in an interactive process which may include providing documentation. If you are hired and require an accommodation for any protected status, please email benefits@gafg.com.

Please click on the below links to learn more about Global Atlantic.

Global Atlantic Privacy Statement

We work a hybrid schedule of 4 or 5 days a week in Hudson Yards, NY and 3 days a week in all other offices. If you have questions on this policy or the application process, please contact recruiting@gafg.com.

Last updated on Aug 23, 2024

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