What are the responsibilities and job description for the Pension Risk Transfer Operations Analyst 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:
The Pension Risk Operations Analyst will join the Pension Risk Transfer (PRT) team within KKR’s Insurance Division marketing under the Global Atlantic brand name. This role will work closely with PRT team and interface with external clients and partners to support the Installation of new PRT transactions. This role will be located in our Boston office.
RESPONSIBILITIES:
- Support the installation of all new PRT transactions.
- This would include working with internal parties and Third Party Administrators (TPAs) to manage the onboarding process from point of sale to setting up PRT administration with our TPAs.
- Coordinate with stakeholders to ensure project goals are met and known issues are addressed to align with project timelines, requirements documentation, reconciliation, and reporting.
- Assist with TPA oversight activities (e.g. inquiry tracking and resolution, issue management, reporting)
QUALIFICATIONS:
- Bachelor’s degree required.
- Between 2 years of relevant experience at an insurance company or financial/consulting firm.
- PRT experience is preferred but not required.
- Strong communication skills.
- Good quantitative and technical abilities, with attention to detail. Ability and desire to resolve issues/discrepancies.
- Solid organizational and time management skills (candidate will be working on multiple projects concurrently).
- High energy with an ability to work in a fast-paced environment and think clearly under pressure.
- Ability to learn quickly and work independently as well as being a team player.
- Drive, enthusiasm, creativity and excellent interpersonal skills.
- Personal integrity, initiative and results-oriented qualities.
“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.”
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
$65,000 - $90,000 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 : $65,000 - $90,000