Associate, Third Party Reinsurance Management

POSITION OVERVIEW 

The Reinsurance Management position will act as the key contact for internal and external queries related to reinsurance on both Life and Annuity products. Additionally, this role will be the primary point of contact for reinsurers and reinsurance administrator TAI.  This position will coordinate and interact internally including product development, corporate actuarial, legal and IT. External interactions include our third party reinsurance partners, external reinsurers and key stakeholders. Position is being considered to join our Des Moines office.

RESPONSIBILITIES:

• Analyze financial impact of changes in reinsurance coverage and retention
• Oversight of work effort performed by the reinsurance TPA and internal modeling team
• Organize and present to internal committees and senior management ongoing program performance and potential strategic management decisions
• Strong people skills, including external relationship management
• Provide product and system expertise related to reinsurance for all areas of the company and our reinsurance third party administrator (TPA)
• Respond to escalated issues relating to reinsurance pricing, implementation or queries

QUALIFICATIONS:

• Exposure to reinsurance and/or actuarial background required. Approx. (3-5) years of financial services industry experience is required
• Experience with life and annuity product features is preferred
• A “go getter” mentality, taking initiative and suggesting a course of action independently
• Strong verbal and written communication skills with the ability to present technical information to non-technical audiences

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, 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 $115,000 — $130,000 USD

Global Atlantic is an equal opportunity employer, does not discriminate in employment on any basis that is prohibited by federal, state or local laws.