We are Athene. At Athene, we are driven to do more. We are a leading retirement services company that issues, reinsures and acquires retirement savings products designed for the increasing number of individuals and institutions seeking to fund retirement needs. We see every day as a new opportunity to measure ourselves against the best - and then we don't stop until we've set the bar even higher. We're ready to help you achieve more.
Purpose:
The Corporate Development and Flow Reinsurance departments drive the Company’s growth, through the analysis, execution and management of reinsurance transactions. The successful candidate will have a strong understanding of insurance liabilities, extensive experience in transaction management, and strong quantitative, project management and communication skills. The position primarily supports the global development, execution and management of reinsurance transactions.
Accountabilities:
Lead and / or support all phases of a transaction process, from initial target identification through bidding, transaction structuring, contract negotiation, closing and post-close- activities. Contribute to the development of transaction models and assumptions.
- Manage third-party reinsurance clients, including ongoing discussions on industry trends, new and existing products, rate setting strategies, rate communications and additional business opportunities.
- Prepare internal deal documents and materials for the management approval process
- Develop and present materials for a variety of audiences including senior management and Board of Directors
- Oversee projects, collaborate with other business units, and maintain third party business relationships
- Analyze due diligence materials including actuarial appraisals, confidential information memoranda, policy forms, product specifications and insurance liability cash flows
- Document internal controls, develop and implement policies and procedures to enhance transaction review process and overall quality of deliverables
- Research and summarize actuarial concepts, regulations and industry trends including actuarial guidelines, capital market and insurance industry activities and trends which could impact deal valuation.
- Work collaboratively with peers and manage or mentor less experienced staff
- Maintain appropriate levels of confidentiality in all dealings
- Some travel will be required
Qualifications and Experience:
- Bachelor’s degree in Mathematics, Economics, Finance or related field
- 7+ years of experience in the insurance sector, investment banking or financial services with significant experience in the financial services / insurance industry
- Experience with financial analysis of annuities and/or life insurance
- Designation from a professional actuarial organization preferred
- Strong attention to detail with the ability to prioritize and manage several projects
- Strong collaboration abilities with broader organizational leadership
- Demonstrated leadership qualities
- Strong written and verbal communication skills
- Strong understanding of global accounting and regulatory regimes
- Advanced proficiency with Microsoft Excel, with the ability to organize, and manage audits of large projects
- Exhibit dedication to completing tasks thoroughly and on time, including under time pressure and outside normal working hours
- Ability to view “big picture”, understand broad corporate impacts, and focus on company objectives
- Ability to interact with executive management, directors and counterparty management
$178,080.00 - $267,120.00 USD Annual
Annual Salary for this role is market competitive. Actual salary 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. Depending on the role, a discretionary bonus plan or variable sales incentive may be included.
Drive. Discipline. Confidence. Focus. Commitment. Learn more about working at Athene.
Athene is a Military Friendly Employer! Learn more about how we support our Veterans.
Athene celebrates diversity, is committed to inclusion and is proud to be an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, marital status, sexual orientation, veteran status or any other status protected by federal, state or local law.
Top Skills
What We Do
Athene, through its subsidiaries, is a leading retirement services company that issues, reinsures and acquires retirement savings products designed for the increasing number of individuals and institutions seeking to fund retirement needs. The products offered by Athene include:
• Retail fixed, fixed indexed and registered index-linked annuity products;
• Reinsurance arrangements with third-party annuity providers; and
• Institutional products, such as funding agreements and group annuity contracts related to pension risk transfers.
Athene's subsidiaries include Athene Annuity & Life Assurance Company, a Delaware-domiciled insurance company, Athene Annuity and Life Company, an Iowa-domiciled insurance company, Athene Annuity & Life Assurance Company of New York, a New York-domiciled insurance company, Athene Securities, LLC, an Iowa-domiciled registered broker-dealer (member FINRA), and Athene Life Re Ltd., a Bermuda-domiciled reinsurer.
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The financial industry is ripe for change and Athene is leading the way. We’re determined to make retirement easier for you and other Americans by harnessing our passion, smarts and relentless spirit.
Learn how to become an Athene financial professional at www.athene.com/contact.
If you love a challenge and are driven to succeed, then Athene is your kind of company.