Full-Time

AVP – Reinsurance Accounting

Updated on 12/3/2024

Global Atlantic Financial Group

Global Atlantic Financial Group

1,001-5,000 employees

Provides capital and risk management solutions

Fintech
Financial Services

Compensation Overview

$88k - $168kAnnually

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

Senior

No H1B Sponsorship

Des Moines, IA, USA

Located in Des Moines, Iowa office.

Category
Cost Accounting
Financial Accounting
Accounting
Requirements
  • Bachelor’s degree in Accounting.
  • CPA preferred.
  • Minimum seven (7) years of experience in the insurance industry or public accounting.
  • Team player, positive attitude, results oriented.
  • Strong analytical and problem-solving skills with the ability to draw conclusions from research.
  • Must be well-organized, innovative, and possess a high level of initiative.
  • Strong communication skills, work ethic and high-level of personal integrity and accountability.
  • Experience with PeopleSoft General Ledger, Hyperion Financial Management and Smartview/Essbase preferred.
Responsibilities
  • Perform monthly and or quarterly closing procedures, reinsurance journal entries, reconciliations, and analyses.
  • Develop and maintain standardized reinsurance reports required for monitoring results.
  • Review treaty documentation; verify information complies with terms and conditions of treaties.
  • Prepare analysis and commentary on key business drivers related to reinsurance.
  • Serve as the accounting support during new transactions from Business as Usual (BAU) stand point.
  • Develop and implement standard reinsurance accounting models.
  • Maintain effective internal controls, support internal and external audits, and regulatory examinations.
  • Drive process improvements and automation efforts.
  • Participate in special projects with cross-divisional and corporate impacts, with particular focus on collaboration and effective communication.
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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