AVP, Reinsurance Accounting
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Job Location:
Brighton, MI - USA
Monthly Salary:
$ 145000 - 180000
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
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 KKRs 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 .
Global Atlantic has an exciting and challenging opportunity located in our Boston MA office (located in Brighton MA until Fall 2026 and will relocate to Two International Place Boston MA). We are seeking an experienced accounting professional to manage reinsurance accounting and reporting activities. The individual will be part of a team-oriented environment supporting multiple operations their teams and leadership throughout the organization. The individual will be responsible for treaty administration reinsurance accounting reporting transaction analysis ongoing process improvements and internal controls across multiple bases of accounting: USGAAP NAIC and Bermuda Statutory.
Responsibilities:
- Perform monthly and/or quarterly ledger close related procedures including review of reinsurance journal entries reconciliations and analyses
- Develop and maintain standardized reinsurance reports required for monitoring results
- Review treaty documentation; verify information received from and provided to external parties complies with terms and conditions of treaties
- Prepare analysis and commentary on key business drivers related to reinsurance results
- Serve as the accounting support during review and on boarding of new transactions as needed
- Develop and implement standard reinsurance accounting models
- Maintain effective internal controls support internal and external audits and regulatory examinations
- Supporting reporting process as required
- Drive process improvements and automation efforts
- Participate in special projects with cross-divisional and corporate impacts with particular focus on collaboration and effective communication
- Oversee accounting and financial reporting for complex ceded and assumed reinsurance treaties including YRT coinsurance funds withheld and retrocession arrangements.
- Partner with multiple teams (including investment accounting actuarial and risk teams) to ensure accuracy in reserve movements deferred gains/losses and reinsurance recoverables.
- Develop governance controls and documentation supporting treaty onboarding premium settlements and collateral tracking.
- Serve as key liaison for regulatory examinations and external auditors on reinsurance-related matters.
- Mentor junior accountants and analysts; provide technical guidance on reinsurance accounting treatments.
Qualifications:
- Bachelors degree in Accounting
- 7 years of experience in the insurance industry or public accounting
- Team player positive attitude results oriented
- Strong analytical and problem solving skills with the ability to draw conclusions from research
- Must be well-organized innovative and possess a high level of initiative
- Strong communication skills work ethic and high-level of personal integrity and accountability
- Experience with PeopleSoft General Ledger Hyperion Financial Management and Smartview/Essbase preferred
- CPA preferred
To be considered for this role applicants mustbe 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.
The base salary range for this role is$145000 - $180000 USD
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Our employees are in the office5 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
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.
Key Skills
- Presentation Skills
- Risk Management
- Financial Services
- IFRS
- Banking
- Pricing
- Analysis Skills
- Securities Law
- Investment Banking
- Relationship Management
- Strategic Planning
- Leadership Experience
