Associate, Client Services - Reinsurance

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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POSITION SUMMARY

Global Atlantic is seeking an Associate for its Client Services team under the Reinsurance Operations group with a focus on supporting reinsurance client relationships.  This is an excellent opportunity for someone who wishes to build a career in client services at a reputable buy side firm.  The role is based in Boston and reports to the head of the Reinsurance Operations group. 

The ideal candidate will have a minimum of five years of relevant experience at a financial institution or insurance company with exposure to reinsurance accounting or actuarial activities. The position will support the reinsurance client relationships that are integral to the Institutional business within the Global Atlantic Insurance companies, which hold $276bn of assets in aggregate. The role requires constant communication with deal, accounting and actuarial teams, various stakeholders and business groups, so strong communication and relationship building skills are highly desired.

Global Atlantic and KKR are passionate about operational excellence and providing our investment and business operations colleagues the ability to seamlessly serve clients and execute credit investments across the globe. We are committed to continuous improvement, both in the operations we perform and in the environment in which we work. We work in collaborative teams, but within the context and support of a large, global investment firm. We can offer challenging and rewarding work, opportunities for learning in both the business and operational spheres, and an attractive compensation package combined with significant opportunities for career advancement.

KEY RESPONSIBILITIES

• Serve as a central point of contact to consume and respond to requests and queries from clients and internal stakeholders, including the Institutional, Reinsurance and Trust Compliance teams.
• Support accurate counterparty data management, serving as a liaison between groups such as Actuarial, Reinsurance Accounting, Technology (EDH) and other internal stake holders and clients.
• Identify opportunities to align and introduce consistencies and efficiencies across various client relationships and drive these efforts in conjunction with relevant internal groups
• Collaborate with project managers and technology to improve, systematize and automate identified processes.   
• Ad hoc Reinsurance Operations-related tasks as required.

REQUIRED EXPERIENCE

• Minimum of a Bachelor’s degree
• 5+ years of experience in Financial Services or Insurance
• Strong personal initiative, particularly in growing a few function, exceptional organization and attention to detail with ability to learn quickly
• A track record in accuracy and in meeting deadlines in a fast paced, growing work environment with high expectations
• Excellent written, verbal and interpersonal communication skills with internal and external clients
• Team-oriented with strong integrity and professionalism

IDEAL EXPERIENCE

• Exposure to reinsurance accounting and/or actuarial accounting
• Exposure to comfort trust structure common in insurance companies preferred
• Client-facing experience
• Advanced knowledge of MS Excel

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