Statutory Reporting Associate

Des Moines, IA, United States

Job Description


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 .

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.

POSITION OVERVIEW

The Associate will join the Statutory Accounting and Reporting team in Des Moines, IA to review and analyze the statutory financial statements, management reports, and related financial statement disclosures. This role also includes oversight and completion of audit and audited financial statements, assist in Statutory information requests, and lead a team of two to support the individual markets sector.

Candidates must be active team members, interacting with local and multi-state personnel to ensure adequate control and reconciliation of information posted to GAFG\'s ledger. Other interactions include working with the Planning & Analysis, Actuarial, Investment, Reinsurance, Tax, Legal and Compliance teams.

Key responsibilities will include:

  • Learn on the job about statutory reporting, reinsurance transactions, accounting for investments, capital requirements, and regulatory filing process
  • Review and approve journal entries within the close process cycle and reconcile ledger to source information, research/explain fluctuations in financials and prepare analysis and commentary on key business drivers
  • Oversee and review internal reinsurance settlements on a quarterly basis
  • Complete monthly assigned balance sheet and/or transaction reconciliations
  • Review quarterly and annual schedules included in the filings for a life and health insurance company and contribute to completion of schedules for multiple companies. This includes journal entry review and coordinating with other departments on work requirements and deadlines
  • Review financial statements and reports for auditors and regulatory agencies in order to provide financial analysis and support for various projects and initiatives
  • Assist with external audits and examinations by preparing work papers, analyzing data, and preparing SSAP basis financial reports
  • Research and compile information for ad-hoc requests, including life and annuity business analysis, rating agency data compilation, state insurance department inquiries and other departmental requests
  • Identify weaknesses in internal SOX controls and make recommendations for improvements to workflows, procedures, and find reporting efficiencies
QUALIFICATIONS
  • Bachelor\'s degree in Accounting and 5+ years experience in the insurance industry or public accounting which includes some management experience
  • Significant experience in Statutory, IFRS or US GAAP accounting in a life insurance company preferred
  • Demonstrated analytical skills with the ability to draw conclusions from research and report on findings
  • Strong communication skills, work ethic and high level of personal integrity and accountability
  • Experience with PeopleSoft General Ledger, Business Object Enterprise, Hyperion Financial Management and Essbase preferred
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

$87,000\xe2\x80\x94$138,000 USD

TOTAL REWARDS STATEMENT

Global Atlantic\'s total rewards package is reflective of our corporate values, particularly diversity, excellence and innovation, with a focus on inclusion, pay equity, and flexibility. We are proud to support your personal and professional growth and well-being through programs such as educational assistance, virtual physical therapy, remote/onsite fitness reimbursement, a medical second opinion program, pet insurance, military leave, parental leave, adoption assistance, fertility and family planning coverage. We strive to foster a culture of total well-being through community outreach and charitable giving programs.

We are active in our communities-
  • New York: Red Hook Conservancy, Girls Who Invest, Outward Bound, Teach for America, StreetWise Partners,
  • Boston: Catie\'s Closet, Project Bread, Thompson Island Outward Bound Education Center, Cradles to Crayons, and many others
  • Hartford: Braids and Company, Junior Achievement
  • Indianapolis: Elevate Indianapolis, Gleaners Food Bank and the Juvenile Diabetes Research Foundation
  • Batesville: So Loved Ripley County Foster Closet, Southeastern Indiana YMCA, Batesville Community Education Foundation, Southeastern Indiana Voices for Children, local area youth sports, as well as many others
  • Des Moines: United Way of Central Iowa, Meals from the Heartland, Oakridge Neighborhood, Community Support Advocates, and many others
  • Berwyn/Wayne: For Pete\'s Sake, Chester County Food Bank, Habitat for Humanity Chester County, Brandywine SPCA, as well as others
  • Bermuda: Transformational Living Centre for Families
Social platforms provide an environment to collaborate with others and participate in friendly competitions towards achieving physical, emotional and financial well-being. Our highly competitive health, retirement, life and disability plans can be tailored to best suit your needs and those of your whole family.

Global Atlantic is committed to creating an inclusive environment where everyone can meaningfully contribute to our success. We are proud to be an equal opportunity employer and we do not discriminate in employment on any basis that is prohibited by federal, state or local laws. More than that, we strive to be inclusive of all backgrounds and experiences, which we feel gives us a competitive advantage in the market and within our firm. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, age, or veteran status.

Employees who require an accommodation to perform the essential functions of their job will participate in an interactive process which may include providing documentation. If you are hired and require an accommodation for any protected status, please email .

Please click on the links below to learn more about Global Atlantic.

Global Atlantic

Beware of fraud agents! do not pay money to get a job

MNCJobz.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Related Jobs

Job Detail

  • Job Id
    JD4372586
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    $87000 - 138000 per year
  • Employment Status
    Permanent
  • Job Location
    Des Moines, IA, United States
  • Education
    Not mentioned