Associate, Third Party Reinsurance Management

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profile Job Location:

Des Moines, IA - USA

profile Monthly Salary: Not Disclosed
Posted on: 14 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 .

POSITION OVERVIEW

The Reinsurance Management position will act as the key contact for internal and external queries related to reinsurance on both Life and Annuity products. Additionally this role will be the primary point of contact for reinsurers and reinsurance administrator TAI. This position will coordinate and interact internally including product development corporate actuarial legal and IT. External interactions include our third party reinsurance partners external reinsurers and key stakeholders. Position is being considered to join our Des Moines 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 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. Approx. (3-5) 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

This role is not eligible for visa sponsorship now or in the future.

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 $115000 $130000 USD

Global Atlantic is an equal opportunity employer does not discriminate in employment on any basis that is prohibited by federal state or local laws.

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.


Required Experience:

IC

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...
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