Associate Actuary, Third Party Reinsurance Management
Associate Actuary, Third Party Reinsurance Management
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1 Vacancy
Job Description
COMPANY OVERVIEW
Global Atlantic Financial Group is a leading insurance company meeting the retirement and life insurance needs of individuals and institutions. With a strong financial foundation and risk and investment management expertise the company delivers tailored solutions to create more secure financial futures. The companys performance has been driven by its culture and core values focused on integrity teamwork and the importance of building longterm client relationships. Global Atlantic is a whollyowned subsidiary of KKR a leading global investment firm. Through its relationship the company leverages KKRs investment capabilities scale and access to capital markets to enhance the value it offers clients. KKRs parent company is KKR & Co. Inc. (NYSE: KKR).
POSITION SUMMARY:
The ThirdParty Reinsurance Management Associate Individual Markets will join the Des Moinesbased Global Atlantic Life and Annuity Operations team. Act as a key contact for internal and external queries related to reinsurance on both Life and Annuity products including external reinsurance reinsurance third party administration and other key stakeholders. This position will have opportunities to interact with many areas of the company and external partners internally including new business operations product development sales/marketing corporate actuarial legal and senior management and externally interacting with our reinsurance third party administrator and reinsurers.
RESPONSIBILITIES:
- Oversight of work effort performed by the reinsurance TPA
- Analyze financial impact of changes in reinsurance coverage and retention generally arising from reinsurer queries .
- Organize and present postings to internal committees and senior management by way of the reinsurance working group and other designated committees
- Manage and support reinsurance captives
- Provide product and system expertise related to reinsurance for all areas of the company and our reinsurance third party administrator (TPA)
- Respond to escalated service and system issues relating to reinsurance queries and issues
QUALIFICATIONS:
- Actuarial background with an ASA preferred with 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 nontechnical 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.
LICA1
LIHybrid
Our employees are in the office 4 5 days per week in Hudson Yards NY and 3 4 days per week in all other offices. If you have questions on this policy or the application process please reach out to
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 industryspecific regulatory requirements state and federal laws.
Required Experience:
IC
Employment Type
Full Time
