AVP, Reinsurance Accounting

Global Atlantic Financial Group

Job Location:

Brighton, MI - USA

Monthly Salary: $ 140000 - 175000

Posted on: 21 hours 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.

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 Atlanticsbase salary range is determined through an analysis of similar positions in the external labor market. Base pay is just one component of Global Atlantics 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

$140000 - $175000 USD

Privacy Statement

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.

About Global AtlanticGlobal 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 power...