Avp – Regulatory Capital @ Global Atlantic

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

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The Assistant Vice President (AVP) will be responsible for asset-related, Bermuda regulatory capital reporting for our multiple reinsurers, coordinating accounting, and investment support in a larger matrix organization. The Assistant Vice President will evaluate new investments for capital impact, represent us in development of new reporting, controls, and data capabilities on development teams, and deliver capital analyses, and timely and accurate regulatory and financial reporting & analysis to management, the entity Boards. The successful incumbent will operate as a member of the finance team supporting Global Atlantic’s Institutional Markets business which includes sidecars and is a major source for growth. Reporting to the Bermuda Controller, the AVP will contribute to various business and corporate initiatives and special projects. In addition to possessing the specific qualifications cited below, all candidates must work well within a complex, fast-paced, fluid environment, and possess a proven ability to design and lead operational and accounting change. This role will have significant contact and visibility with senior executives of the Institutional business and the Bermuda reinsurance and corporate entities.

Key responsibilities of the role include (across all Bermuda entities):

Coordinate across source functions for capital reporting providing control reviews of asset results to ensure accuracy and timely delivery
Synthesize and summarize detailed financial data to create meaningful monitoring metrics and high-level, result oriented analysis used for cross functional capital analysis and for management, board, group capital and side car investor reporting
Monitor and forecast by entity proforma impact of potential investment and reinsurance transactions
Enhance and expand current control environment
Expand availability of monthly information and identify and champion initiatives to accelerate capital reporting processes and developing automation tools
Support regulatory reporting on a US GAAP, US Statutory, Bermuda Statutory and Bermuda Economic Balance Sheet bases. Provide asset and capital expertise to various business and financial reporting colleagues.

Minimum Qualifications, Skills & Experience:

Bachelor’s degree in Finance, Accounting or related analytical subject
Internationally recognized accounting or actuarial designation
Minimum of 8 years of related accounting or actuarial and reporting experience with demonstrated investments familiarity preferably with a re/insurer
Must have experience working with Life Re/Insurance and/or Annuity products
Robust knowledge & experience working with Bermuda Economic Balance Sheet and BSCR but will consider candidates with US Statutory accounting and RBC strong experience
Demonstrated ability to deliver results in matrix organizations and manage competing priorities
Strong quantitative and analytical skills for creating insightful, actionable reporting and analyses

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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

$106,500—$203,000 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, Truck 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 [email protected].

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

Global Atlantic Privacy Statement

Our employees are in the office 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 [email protected].

Compensation Overview