What are the responsibilities and job description for the Associate, Reinsurance Accounting 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.
Join Global Atlantic’s Reinsurance Accounting team supporting treaty administration, financial reporting, and operational accuracy across US GAAP, NAIC, and Bermuda Statutory bases of accounting. This role focuses on execution, data integrity, transaction analysis, ongoing process improvements and internal controls within a fast-paced, collaborative environment.
Key Responsibilities:
- Perform monthly and/or quarterly closing procedures, including preparation and posting of reinsurance journal entries, performing account reconciliations and variance analyses.
- Support treaty administration, including settlements, cash movements, and statement validation.
- Assist in reviewing treaty documentation for accuracy against contract terms.
- Maintain standard reinsurance reports for internal management and regulatory use.
- Collaborate with actuarial, finance, and operations teams to ensure alignment on reinsurance balances and reserves.
- Serve as accounting support during on boarding of new transactions.
- Support ongoing automation and finance transformation projects.
- Assist with audit requests and maintain control documentation.
- Participate in special projects with cross-functional impact.
Qualifications:
- Bachelor’s degree in Accounting or Finance.
- 5 years of experience in insurance, reinsurance, or public accounting.
- Strong analytical and problem-solving skills with attention to detail.
- Proficient in Excel; experience with PeopleSoft, Hyperion, or Essbase preferred.
- Effective communicator with strong organizational skills.
- CPA or CPA candidate preferred.
Core Competencies:
- Accuracy and attention to detail.
- Initiative and learning orientation.
- Collaboration and cross-team communication.
- Ownership of deliverables and deadlines.
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
$88,000 - $168,000 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 : $88,000