Associate, Bermuda Finance

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 KKR’s 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 www.globalatlantic.com. 

• →Preparation of regulatory reporting on US GAAP, US Statutory and Bermuda Statutory accounting bases for multiple reinsurers as well as execution of control processes.
• →Monthly and quarterly closing procedures, including tracking availability of information, reviewing variances in trend or expected levels, producing control and flash reports, preparing reconciliations.
• →Investigate unanticipated variances, providing timely feedback to source areas to ensure that issues are addressed promptly within close timeframes.
• →Participate in analytical review of performance of the reinsurance and borrower entities. This will include flux analyses, actual-to-expected reviews and identification of key drivers.
• →Timely planning, preparation and compilation of quarterly and annual financial reports, footnotes and supporting documentation.
• →Support system enhancements and recommend process/system and automation improvements.
• →Perform quarterly review & analysis of net investment income and net cost of insurance.
• →Partner with other teams to identify potential solutions to issues, play a key contributor role in tactical design, testing plan and then deliver user acceptance testing

• Bachelor’s degree in accounting or finance
• 5+ years of relevant work experience required; recent experience in life insurance with reinsurance exposure is required
• CPA, CA or other comparable professional accounting designation required
• Working experience with US GAAP required
• Bermuda Statutory accounting and Bermuda Economic Balance Sheet experience preferred
• Strong quantitative and analytical skills as well as demonstrated proactiveness, good attention to detail and ability to meet deadlines.
• Effective verbal and written communication skills, including the ability to influence others and communicate across all areas of the company
• Demonstrated experience assessing performance vs prior and expected on an insurance business
• Experience delivering audit requests and explanations, building and performing controls
• History of participating in process and automation design, development and testing and ability to thrive in a fast paced, complex environment
• Proven ability to work in a cross-functional team
• High proficiency in MS Excel required.
• Familiarity with Essbase, Hyperion, W Desk, Tableau, Power Query and other reporting and analysis applications a plus

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