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 wholly-owned subsidiary of KKR, a leading global investment firm that offers alternative asset management across multiple strategies and capital markets solutions.
We are 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.
The VP, Bermuda Risk contributes to the independent Risk function by providing effective oversight of insurance, ALM, investment and operational risk management across our Bermuda organization. Reporting to the CRO for GA Bermuda, SVP, this position will work to understand, manage, and report risk exposures. This individual will bring strong experience in annuity asset/liability modeling and management, market risk analysis, operational risk management, and Bermuda Solvency Capital Requirement, to the team.
- Oversight of insurance, ALM, investment and operational risks for the Bermuda business
- Performs validations and control reviews of actuarial/financial models, including assessments of the methodologies and assumptions used within models
- Provides effective review, challenge, and recommendations for enhancement of the Risk Appetite and Limits structure and calibration of stresses used to assess risk exposure
- Develops and maintains effective relationships with other functions (Treasury, Finance, Actuarial, Audit, Compliance, etc.), to facilitate a holistic view of risk across the organization and to strengthen cross-disciplined risk management.
- Present the quarterly risk results to the Board and / or Board Committees
- Capital analysis of strategic Bermuda initiatives or major business decisions
- Capital and solvency projection under a range of scenarios
- Quarterly and annual filings to the BMA
- Leads people effectively, as needed, by fostering a positive working relationship that brings out the best in others.
- Bachelor's Degree in a quantitative discipline required
- 10+ years in a diversified life and annuity/financial or actuarial consulting firm required
- Actuarial Qualification preferred
- Professional designation in financial risk management, such as FSA or CFA preferred
- Deep understanding of risk management principles, processes, and practices
- Strong verbal and written communication skills, especially when articulating technical concepts in a compelling manner to engage both technical and non-technical audiences.
- Ability to independently lead workstreams from concept to implementation.
- Demonstrated experience in quantifying and managing the risk embedded in annuity products.
- Able to quickly build and maintain effective relationships with stakeholders across business functions and teams.
#LI-KS
Global Atlantic reserves the right to modify the qualifications and requirements for this position to accommodate business needs and regulatory changes. Future adjustments may include obtaining specific licenses or certifications to comply with operational needs and conform to applicable industry-specific regulatory requirements, state and federal laws.
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.
- StreetWise Partners, Covenant House, Partnership for New York City, City Meals on Wheels, Habitat for Humanity, Billion Oyster Project
- : Cradles to Crayons, Boston’s Healthcare for the Homeless, Thompson Island Outward Bound, Rosie’s Place, Catie’s Closet, Project Bread, Rise Against Hunger, Space to Thrive
- : Junior Achievement, Habitat for Humanity, Oliver’s Pajama, United Way
- : Elevate Indianapolis, Gleaners Food Bank and the Juvenile Diabetes Research Foundation
- : So Loved Ripley County Foster Closet, Safe Passage Family Shelter, YES Home Juvenile Rehabilitation, Ripley County Community Foundation
- : United Way of Central Iowa, Meals from the Heartland, Junior Achievement, Math Motivators, Bidwell Riverside, Orchard Place, Knock and Drop
- : Habitat for Humanity, Chester County Food Bank, Surrey Services, For Pete’s Sake Respite
- : Keep Bermuda Beautiful, Center Against Abuse, Truck Island Nature Reserve, Bermuda Economic Development Corporation
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 [email protected].
Please click on the links below to learn more about Global Atlantic.
Global Atlantic Privacy Statement
Our employees are in the office a week in and in all other offices. If you have questions on this policy or the application process, please contact [email protected].
What We Do
Global Atlantic Financial Group, through its subsidiaries, offers a broad range of retirement, life and reinsurance products designed to help our customers address financial challenges with confidence. A variety of options help Americans customize a strategy to fulfill their protection, accumulation, income, wealth transfer and end-of-life needs. In addition, Global Atlantic offers custom solutions and responsive service for the capital, risk and legacy-business management of life and annuity insurance companies around the world.
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