What are the responsibilities and job description for the Associate, Asset and Ratings Surveillance position at gafg?
About Global Atlantic
Global Atlantic is a leading provider of retirement security and investment solutions with operations in the U.S., Bermuda, and Japan. As a wholly-owned subsidiary of KKR (NYSE: KKR), a leading global investment firm, Global Atlantic combines deep insurance expertise with KKR’s powerful investment capabilities to deliver long-term financial security for millions of individuals worldwide. With a broad suite of annuity, preneed life insurance, reinsurance, and investment solutions, Global Atlantic, through its issuing companies, helps people achieve their financial goals with confidence. For more information, please visit www.globalatlantic.com.
POSITION SUMMARY:
Serve as an Associate overseeing the surveillance of Global Atlantic’s structured investments, including monitoring asset ratings, investment performance, deal activity, deal efficiency and market opportunities. The ideal candidate will be able to independently analyze investment data, communicate investment data effectively with key stakeholders and formalize monitoring processes.
RESPONSIBILITIES:
- Support rating surveillance process on all GA-structured transactions (100% owned or syndicated).
- Prepare rating agency package (updated deal model inclusive of rating agency stress scenarios, latest investor reports, borrower financial statements, asset performance reports).
- Coordinate with the various stakeholders any information requests by the agencies.
- Keep up to date performance/asset level data in GA Structuring folder.
- Get updated underlying asset information in coordination with PM, KKR and TPA teams.
- Roll forward transaction model in Intex or other excel template.
- Manage all rating agency requests and updates.
- SPV Asset Management.
- Monitor performance of key tests and triggers.
- Monitor rating action of public issuance across sectors to stay ahead of potential assumption changes.
- Consider any changes to structure to better optimize capital (NAIC and BMA) or protect against performance issues.
- Primary point of contact for TPAs (Goal, WTNA, Vistra etc).
- Finalize deal models on intex platform with handoff from transaction lead.
- Coordinate any underlying document amendments with transaction lead.
- Monthly Cashflow reconciliation (and to normalize/analyze inconsistencies).
- Part of team supporting for internal GA teams on portfolio (with oversight from transaction leads).
- Analytics
- Risk
- Finance/Tax/Acct
- Work with valuations team on pricing and cashflow support where needed given usage of transaction models.
- Answer transaction model questions and provide any documentation/performance data requested from teams generally.
- Perform income reconciliation for Sidecar vehicles and other measures.
QUALIFICATIONS:
- Bachelor’s degree 6 years of relevant experience at an asset manager, insurance company or related field. Masters degree a plus.
- Understanding of Structured Asset Based Financed Investments.
- Strong analytical and problem solving skill set.
- Ability to work with Portfolio Managers and senior management.
- Excellent communication and interpersonal skills to work in a fast paced, team environment.
- Proficiency in Microsoft Office (Excel, Power Point, Word, VBA and Visio experience a plus).
- Self-starter with ability to work independently and build proper processes.
“To be considered for this role, applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time.”
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This is the expected annual base salary range for this Boston-based position. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.
Global Atlantic EEOC Statement
Global Atlantic is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.
The base salary range for this role
$120,000 - $150,000 USD
Privacy Statement
Our employees are in the office 5 days per week in New York and 4 days per week in all other offices. If you have questions on this policy or the application process, please reach out to benefits@gafg.com
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.
Salary : $120,000