Global Atlantic Financial Group

Sr. Analyst, Statutory Accounting and Reporting

Des Moines, Iowa, United States

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, InsuranceIndustries

Requirements

Candidates must possess a Bachelor’s degree in Accounting, with 3-5 years of experience in the insurance industry or public accounting, and preferred experience in Statutory or US GAAP accounting within a life insurance company. Strong analytical skills are required, demonstrating the ability to draw conclusions from research and report findings, alongside demonstrated communication and collaboration skills.

Responsibilities

The Senior Analyst, Statutory Accounting and Reporting will prepare and analyze statutory financial statements, management reports, and related disclosures, learning about statutory reporting, reinsurance transactions, accounting for investments, capital requirements, and regulatory filing processes. They will prepare journal entries, reconcile ledgers, complete balance sheet reconciliations, prepare quarterly and annual schedules for life and health insurance companies, assist with external audits, research and compile information for ad-hoc requests, collaborate with team members and other departments to solve problems, and identify changes to improve schedules.

Skills

Statutory Reporting
Reinsurance Transactions
Accounting for Investments
Capital Requirements
Regulatory Filing
Journal Entries
Reconciliations
Financial Analysis

Global Atlantic Financial Group

Provides capital and risk management solutions

About Global Atlantic Financial Group

Global Atlantic Financial Group specializes in providing capital and risk management solutions for global retirement and life insurance companies. They offer products like annuities, which provide a steady income stream for retirees, and focus on building long-term partnerships by understanding their clients' financial goals. The company generates revenue through fees and premiums from their financial products and emphasizes a culture of integrity and commitment to clients and communities. Their goal is to create tailored solutions that meet the specific needs of their clients.

Key Metrics

New York City, New YorkHeadquarters
2004Year Founded
$986.7MTotal Funding
BUYOUTCompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Health Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Mental Health Support
Wellness Program
Flexible Work Hours
Hybrid Work Options

Risks

Economic downturns could impact the preneed insurance market with SCI.
Technical challenges may arise from new standardized messaging systems.
Reliance on third-party tech solutions poses potential security vulnerabilities.

Differentiation

Global Atlantic excels in investment and risk management within the insurance industry.
The company has strong institutional partnerships, enhancing its client-centric approach.
Global Atlantic's affiliation with KKR provides a robust financial foundation.

Upsides

Partnership with SCI positions Global Atlantic as a leader in preneed insurance.
Adoption of Sonrai Security's technology enhances operational efficiency and security.
Public-private investment solutions align with Global Atlantic's innovative capital strategies.

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