Senior Analyst, Investment Accounting

All offices are currently open, and our employees are back 4 or 5 days a week in Hudson Yards, NY and 3 days a week in all other offices. If you have questions on this policy or the application process, please contact recruiting@gafg.com.

COMPANY OVERVIEW

Global Atlantic Financial Group is a leader in the U.S. life insurance and annuity industry, serving the needs of individuals and institutions. Global Atlantic is a majority-owned subsidiary of KKR, a leading global investment firm that offers alternative asset management across multiple strategies and capital markets solutions.

Global Atlantic is looking for a diverse team of talented individuals who reinforce our culture of collaboration and innovation. We are dedicated to the career development of our people because we know they are critical to our long-term success. Join our team and come grow with us. 

We use Greenhouse as our scheduling tool and communicate through their systems. At times, your email may block our communications. Please be sure to check your SPAM so that you do not miss critical information about our process, including scheduling. 

*The role can be based in either our Boston (Brighton), MA, or New York offices 

Position Summary:

Global Atlantic is seeking a candidate to support the investment accounting for various insurance subsidiaries, which entails preparing the monthly ledger reconciliations to validate the accuracy of the investment results in our subledgers on a GAAP and STAT basis and preparing the required quarterly and annual NAIC Investment schedules. This position will also support process enhancements related to achieving an accelerated close that produces timely, accurate and complete investment accounting results in an efficient manner on a GAAP and STAT basis. All candidates must, in addition to possessing the specific qualifications cited below, work well within a complex, fast-paced, fluid environment, and strong organizational and interpersonal skills.

PRINCIPAL DUTIES & RESPONSIBILITIES

• Responsible for performing monthly investment reconciliation between the ledger and subledger for various insurance subsidiaries on a GAAP and STAT basis; primarily for fixed maturity securities and derivatives, including preparing journal entries and other investment accounting activities.
• Responsible for performing monthly investment reconciliations and preparing management reports for various blocks of reinsurance businesses
• Perform month end closing procedures, including analytical reviews of income earned, unsettled trades, suspense accounts, and other financial statement items.
• Responsible for the preparation of quarterly and annual NAIC Investment Schedules.
• Perform control functions in compliance with Sarbanes-Oxley Section 404 and NAIC Model Audit Rule.
• Prepare management reports that provide analysis of investment results.

Qualifications:

• Bachelor’s degree in Accounting or Finance.
• 2 + years of relevant experience.
• Strong analytical skills.
• Excellent computer skills, including MS Excel
• Pro-active, detail oriented, deadline driven; possess excellent documentation and analysis skills.
• Results oriented, flexible, self motivated, and able to work in a team environment.

*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, Berwyn, 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 rang