Full-Time

Associate – Statutory Investment Accounting

Updated on 11/20/2024

Global Atlantic Financial Group

Global Atlantic Financial Group

1,001-5,000 employees

Provides capital and risk management solutions

Fintech
Financial Services

Compensation Overview

$72.5k - $138kAnnually

+ Annual Cash Bonuses + Long-term Incentives + Sales Incentives

Junior, Mid

No H1B Sponsorship

Boston, MA, USA

Hybrid position requiring in-office presence.

Category
Financial Accounting
Financial Analysis
Governmental Accounting
Accounting
Required Skills
PowerPoint/Keynote/Slides
Requirements
  • Bachelor’s degree in Accounting, Finance or related concentration.
  • 4+ years relevant experience; insurance industry experience and accounting, reporting, and investments is preferred.
  • Public accounting experience is a plus, statutory accounting experience is a plus.
  • Strong communication skills, work ethic and high level of personal integrity and accountability.
  • Organized, hard working, great communicators, and technically strong, with a background in accounting and reporting.
  • Powerpoint, Excel, Word skills required.
  • This role is not eligible for visa sponsorship now or in the future.
Responsibilities
  • Complete stat assignments including but not limited to investment NAIC Annual Statement schedules, footnotes, interrogatories for seven insurance company entities
  • Train newer members of the team on assignable tasks related to investment accounting and reporting
  • Perform control functions in compliance with Sarbanes-Oxley Section 404.
  • Perform frequent ad hoc analysis and support new business initiatives as needed
  • Review journal entries, Annual Statement reporting schedules
  • Review high volumes of recurring data monthly, as well as a high volume of new information, some of it on complex investments
  • Assist in planning and executing improvements to the quarterly reporting process
  • Support audit completion in regulatory communications
  • Ensure annual rating agency survey process is completed
Global Atlantic Financial Group

Global Atlantic Financial Group

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Global Atlantic Financial Group specializes in providing capital and risk management solutions for retirement and life insurance companies. They offer products like annuities, which provide a steady income stream for retirees, and focus on building long-term partnerships with their clients to tailor strategies that meet specific financial goals. What distinguishes them from competitors is their client-centric approach and commitment to integrity. Their goal is to foster a purpose-driven culture that invests in their people and communities.

Company Stage

Acquired

Total Funding

$986.7M

Headquarters

New York City, New York

Founded

2004

Growth & Insights
Headcount

6 month growth

41%

1 year growth

41%

2 year growth

41%
Simplify Jobs

Simplify's Take

What believers are saying

  • The groundbreaking partnership with Service Corporation International positions Global Atlantic as a leader in the preneed insurance market.
  • Expansion plans, including job creation in multiple offices, indicate robust business growth and opportunities for career advancement.
  • Sponsorship of initiatives like the SCORE pitch competition and Fintech Sandbox highlights Global Atlantic's commitment to innovation and community support.

What critics are saying

  • The financial services sector is highly competitive, requiring continuous innovation to maintain market position.
  • Dependence on partnerships, such as with Service Corporation International, could pose risks if these relationships falter.

What makes Global Atlantic Financial Group unique

  • Global Atlantic's focus on both in-force and new business needs sets it apart from competitors who may only specialize in one area.
  • Their client-centric approach ensures tailored solutions, enhancing client satisfaction and long-term partnerships.
  • The company's strong emphasis on integrity and community investment fosters a purpose-driven culture that resonates with clients and employees alike.

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