Vice President, Institutional Markets

Posted 20 Days Ago
Be an Early Applicant
New York, NY
144K-274K Annually
Senior level
Insurance
The Role
Lead deal execution for reinsurance and M&A transactions, evaluate products, collaborate on actuarial assumptions, and negotiate with counterparties.
Summary Generated by Built In

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 company's performance has been driven by its culture and core values focused on integrity, teamwork, and the importance of building long-term client relationships. Global Atlantic is a wholly-owned subsidiary of KKR, a leading global investment firm. Through its relationship, the company leverages KKR's investment capabilities, scale and access to capital markets to enhance the value it offers clients. KKR's parent company is KKR & Co. Inc. (NYSE: KKR).

Watch the Global Atlantic & KKR Partnership Story

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As part of KKR Insurance / Global Atlantic, the Institutional Markets team focuses on origination, structuring and management of transaction opportunities across the global life and annuity insurance market.  The Institutional Markets team is seeking an experienced individual responsible for managing the deal execution of potential reinsurance or M&A transactions.  For 20+ years, this group has executed multiple strategic acquisitions and reinsurance transactions, including block, flow and PRT reinsurance, representing a total of $190B+ of assets to date.

This individual is an energetic leader with intellectual curiosity and strong work ethic who takes pride in delivering a high-quality work product in a fast-paced environment. 

POSITION OVERVIEW

  • Lead overall deal execution across the full transaction lifecycle including pricing and valuation due diligence of potential reinsurance or M&A transactions involving life and annuity blocks of business.
  • Evaluating life and annuity products and product design.
  • Reviewing actuarial experience studies of blocks of business and flow transactions under consideration.
  • Collaborating with the Actuarial team to review actuarial assumptions and make recommendations.
  • Identifying potential risks in transactions, and suggesting sensitivities and mitigating actions.
  • Develop structured solutions that achieve desired client outcomes within the firm’s risk framework.
  • Assessing US statutory and GAAP accounting and valuation models and considerations for subject blocks of business.
  • Participating in negotiating discussions with counterparties.
  • Prepare presentations, communications, and reports on deal progress for wider organizational consumption.
  • Provide integration support for completed deals.
  • Collaborate with Finance, Legal, Risk and other stakeholders on acquired blocks to measure expected vs. actual outcomes.

QUALIFICATIONS

  • Minimum 7+ years of relevant experience, including life product development, reinsurance, insurance M&A, and valuation/financial reporting.
  • Knowledge of main solutions available for Life and non-Life including sidecar, funded reinsurance, VIF monetization and risk transfers.
  • Strong quantitative and technical abilities, experience in actuarial modeling.
  • Solid organizational skills with the ability to own and see projects to completion.
  • Strong ability to manage and develop junior team members.
  • Strong interpersonal skills and is a team player.
  • Excellent interpersonal and communication skills, both written and verbal.
  • Ability to work under pressure to meet tight deadlines and balance multiple priorities.
  • 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.
  • #LI-DE1

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 Atlantic’s base salary range is determined through an analysis of similar positions in the external labor market. Base pay is just one component of Global Atlantic’s 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

$144,000$274,200 USD

TOTAL REWARDS STATEMENT 

Global Atlantic’s employees thrive in a fast-paced, high-performing culture with strong benefit options and wellbeing resources that support innovation, accountability and stewardship. At Global Atlantic, being an employer of choice means we are committed to offering employees a customizable and comprehensive benefits package. Global Atlantic’s total rewards package is reflective of our corporate values, particularly diversity, excellence and innovation, with a focus on inclusion, pay equity, and flexibility. We strive to foster a culture of total well-being through community outreach and charitable giving programs. Learn more about our Charitable Giving Programs.

Our highly competitive health, retirement, life and disability plans can be tailored to best suit your needs and those of your whole family. Global Atlantic was proudly named: Best in Perks & Benefits, Best Company Work-Life Balance, Best Company Happiness and Best Company Compensation. Learn about our Benefits offerings.

Employees who require an accommodation to perform the essential functions of their job will participate in an interactive process which may include providing documentation. If you require an accommodation during the hiring process or after you are hired for any protected status under the ADA, please email [email protected].

Discover more about Global Atlantic below:

2023 Corporate Responsibility Report

Explore the GA Careers Video Channel

Follow Global Atlantic on LinkedIn

View Global Atlantic's Privacy Statement

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 [email protected]

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. 

Top Skills

Actuarial Modeling
Financial Reporting
Risk Management
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The Company
Batesville, IN
1,140 Employees
On-site Workplace
Year Founded: 2004

What We Do

Global Atlantic Financial Group, through its subsidiaries, offers a broad range of retirement, life and reinsurance products designed to help our customers address financial challenges with confidence. A variety of options help Americans customize a strategy to fulfill their protection, accumulation, income, wealth transfer and end-of-life needs. In addition, Global Atlantic offers custom solutions and responsive service for the capital, risk and legacy-business management of life and annuity insurance companies around the world.

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