AVP, Ivy Finance

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. 

AVP, Ivy Finance

The Assistant Vice President will be responsible for a new reinsurer, coordinating accounting and finance support in a larger matrix organization.  The Assistant Vice President will review and provide quality assurance to ensure timely and accurate financial reporting to corporate and business unit management and the entity Board of Directors. In addition to assuring financial reporting quality, the successful incumbent will operate as a member of the finance team supporting Global Atlantic’s Institutional Markets business, which is a major source for growth. 

The AVP will assist the Bermuda entities’ Controller in various business initiatives including automation projects, process improvements, and identifying opportunities to enhance capital management on overall company financial results as well as participate in special projects and research. 

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. All candidates must have excellent verbal and written communication skills as well as strong organizational and interpersonal skills. This role will have significant contact and visibility with senior executives of the Institutional business and the Bermuda reinsurance and corporate entities.

  Key Responsibilities

  • Planning and coordination across source functions for the accounting close, remaining engaged in and providing control reviews of financial results as they emerge to ensure the accuracy of the legal entity results developed.
  • Synthesize and summarize detailed financial data to create meaningful, high-level, result-oriented analysis used for management and board reporting.
  • Monitor and forecast both capital and liquidity for entities inclusive of proforma impact of potential transactions.
  • Manage the company’s debt program.
  • Oversee investor level reporting as well various fund administration duties (capital calls etc.).
  • Expand availability of monthly information and identify and champion initiatives to accelerate availability of business information.
  • Deliver regulatory reporting on a US GAAP, US Statutory, Bermuda Statutory and Bermuda Economic balance sheet bases for the client legal entity. Drive the planning, coordination and delivery of audits.

QUALIFICATIONS and Necessary Skills

  • Bachelor's degree in Finance, Accounting or related field or equivalent combination of education and experience. Advanced degree and CPA/CMA professional credentials are strongly preferred
  • 8+ years of related accounting and reporting, preferably with accounting or reporting experience with a Reinsurer or Insurer. Actuarial or Investment experience a plus.
  • Robust knowledge of Bermuda Economic Balance Sheet and BSCR or US Statutory accounting and RBC strong plus.
  • Demonstrated ability to deliver results in matrix organizations and manage competing priorities
  • Experience working with accounting systems and reporting tools such as Oracle and Hyperion
  • 3 + years of experience working with Life Insurance and/or Annuity products 
  • Strong quantitative and analytical skills for creating insightful, actionable reporting and analyses
  • Strong technical skills with ability to understand complex financial products and models

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 $92,000 to $176,000

#LI-KS1

#LI-HYBRID

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, Outward Bound, Teach for America, StreetWise Partners,
  • Boston: Catie’s Closet, Project Bread, Thompson Island Outward Bound Education Center, Cradles to Crayons, and many others
  • Hartford: Braids and Company, Junior Achievement
  • Indianapolis: Elevate Indianapolis, Gleaners Food Bank and the Juvenile Diabetes Research Foundation
  • Batesville: So Loved Ripley County Foster Closet, Southeastern Indiana YMCA, Batesville Community Education Foundation, Southeastern Indiana Voices for Children, local area youth sports, as well as many others
  • Des Moines: United Way of Central Iowa, Meals from the Heartland, Oakridge Neighborhood, Community Support Advocates, and many others
  • Berwyn/Wayne: For Pete’s Sake, Chester County Food Bank, Habitat for Humanity Chester County, Brandywine SPCA, as well as others
  • Bermuda: Transformational Living Centre for Families

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.

Global Atlantic Privacy Statement

Example: 

32 Longview Lane

West Hartford, CT 06107

Voluntary Inclusion Questions

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.  

 

Which category below best describes you (please select only one):
How do you currently describe your gender identity? (please select only one)
Have you been diagnosed with any disability or impairment? (please select only one)
Do you identify as a veteran or as being or having been a member of the military? (please select only one)
Do you consider yourself a member of the Lesbian, Gay, Bisexual, Trans or Queer (LGBTQ+) community? (please select only one)
Which of the following best describes your education status? (please select the one option that fits you best)