What are the responsibilities and job description for the Reinsurance Management position at Global Atlantic Financial Group?
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 Reinsurance Management position will act as a key contact for internal and external queries related to reinsurance on both Life and Annuity products while managing a small team. This position will coordinate and interact internally including product development, sales/marketing, corporate actuarial, legal, new business operations and senior management. External interactions include our third party reinsurance partners, external reinsurers and key stakeholders. Position is being considered to join our Des Moines, or Boston office.
RESPONSIBILITIES:
- Analyze financial impact of changes in reinsurance coverage and retention
- Oversight of work effort performed by the reinsurance TPA and internal modeling team
- Organize and present to internal committees and senior management ongoing program performance and potential strategic management decisions
- Strong people skills, including team management and external relationship management
- Provide product and system expertise related to reinsurance for all areas of the company and our reinsurance third party administrator (TPA)
- Respond to escalated issues relating to reinsurance pricing, implementation or queries
QUALIFICATIONS:
- Exposure to reinsurance and/or actuarial background required. At least five (5 ) years of financial services industry experience is required
- Experience with life and annuity product features is preferred
- A "go getter" mentality, taking initiative and suggesting a course of action independently
- Strong verbal and written communication skills with the ability to present technical information to non-technical audiences
"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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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.