AVP, Regulatory Capital

at Global Atlantic Financial Group
Bermuda

All offices are currently open, and our employees are back 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.

 

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 majority-owned subsidiary of KKR, a leading global investment firm that offers alternative asset management across multiple strategies and capital markets solutions.

Global Atlantic is 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. 

We use Greenhouse as our scheduling tool and 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. 

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

#LI-KS1

#LI-Hybrid

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 $115,000 to $219,000.

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: Red Hook Conservancy, Girls Who Invest and The Bowery Mission
  • Boston: Cradles to Crayons, Project Bread, Let’s Get Ready, Rise Against Hunger, Salvation Army and many other local volunteer organizations in around the Boston area
  • Hartford: Habitat for Humanity, Foodshare, Humane Society, Hands on Hartford, Mercy Shelter and Dog Star Rescue
  • Indianapolis: Elevate Indianapolis, Gleaners Food Bank and the Juvenile Diabetes Research Foundation
  • Batesville: American Cancer Society Relay for Life, Angels of Giving, Margaret Mary Health Foundation, Ripley County Community Foundation, Safe Passage, Batesville High School Sponsorships, local area youth sports and food pantries, as well as many others
  • Des Moines: United Way, Central Iowa Shelter & Services, Junior Achievement of Central Iowa and Make a Wish Foundation
  • Berwyn: Food drive and will be planning an event to help a local family over the holidays
  • Atlanta: Packaged Good Organization, which helps the most vulnerable community members with providing personalized care packages for people in need including the elderly, our armed forces, the homeless and hospitalized kids
  • Bermuda: Sponsor of a weekly feeding program operated by The Hamilton Seventh-Day Adventist Church

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 links below to learn more about Global Atlantic.

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We encourage qualified applicants from all backgrounds to apply.  As such, we are committed to achieving a diverse candidate pool for open positions and that our interview teams are made up of employees from different backgrounds.  Sharing your background with us will help us with that focus, although recruiters and hiring managers will not have the ability to see individual responses (only aggregate information).  

This information is not used to determine who is selected for interviews or will be hired, but is helpful in identifying resources, sites and groups which add value in increasing our applicant pool and ensures that we attract the best and most diverse workforce.  This is purely voluntary but will help our mission to be inclusive.  

 

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