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Associate, Investment Accounting
🌎Boston, Massachusetts, United States
5h ago
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Job Description

Hybrid

COMPANY OVERVIEW

Global Atlantic Financial Group is a leading insurance company meeting the retirement and life insurance needs of individuals and institutions. With a strong financial foundation and risk and investment management expertise, the company delivers tailored solutions to create more secure financial futures. The company's performance has been driven by its culture and core values focused on integrity, teamwork, and the importance of building long-term client relationships. Global Atlantic is a wholly-owned subsidiary of KKR, a leading global investment firm. Through its relationship, the company leverages KKR's investment capabilities, scale and access to capital markets to enhance the value it offers clients. KKR's parent company is KKR & Co. Inc. (NYSE: KKR).

Watch the Global Atlantic & KKR Partnership Story

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Position Overview

The Associate, Investment Accounting will join the Investment Accounting Team in a role responsible for ensuring the accuracy and timeliness of accounting and reporting related to statutory investment accounting.  Coordination with counterparts within Investment Accounting, as well as in Investment Operations, Statutory Accounting and Reporting, Corporate Development, and other departments will be critical to success in this role.  The position will report to the AVP of Investment Accounting and will review the work performed by two other team members.

Responsibilities include, but are not limited to:

  • Complete stat assignments including but not limited to investment NAIC Annual Statement schedules, footnotes, interrogatories for seven insurance company entities.
  • Train newer members of the team on assignable tasks related to investment accounting and reporting.
  • Perform control functions in compliance with Sarbanes-Oxley Section 404.
  • Perform frequent ad hoc analysis and support new business initiatives as needed.
  • Review journal entries, Annual Statement reporting schedules.
  • Review high volumes of recurring data monthly, as well as a high volume of new information, some of it on complex investments.
  • Assist in planning and executing improvements to the quarterly reporting process.
  • Support audit completion in regulatory communications.
  • Ensure annual rating agency survey process is completed.

Qualifications:

  • Bachelor’s degree in accounting, Finance or related concentration.
  • 4+ years relevant experience; insurance industry experience and accounting, reporting, and investments is preferred.
  • Public accounting experience is a plus, statutory accounting experience is a plus.
  • Strong communication skills, work ethic and high level of personal integrity and accountability.
  • Organized, hardworking, great communicators, and technically strong, with a background in accounting and reporting.
  • PowerPoint, Excel, Word skills required.
  • This role is not eligible for visa sponsorship now or in the future. 

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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
$72,500$138,000 USD

TOTAL REWARDS STATEMENT 

Global Atlantic’s employees thrive in a fast-paced, high-performing culture with strong benefit options and wellbeing resources that support innovation, accountability and stewardship. At Global Atlantic, being an employer of choice means we are committed to offering employees a customizable and comprehensive benefits package. 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 strive to foster a culture of total well-being through community outreach and charitable giving programs. Click HERE to learn more about our charitable giving programs.

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 was proudly named: Best in Perks & Benefits, Best Company Work-Life Balance, Best Company Happiness and Best Company Compensation. Learn more about our Benefits offerings.

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. Find out more about GA’s commitment to creating a culture of belonging: DE&I and Strategic Pillars

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 require an accommodation during the hiring process or after you are hired for any protected status under the ADA, please email benefits@gafg.com.

Discover more about Global Atlantic below:

Read the 2023 Corporate Responsibility Report

Explore the GA Careers Video Channel

Follow Global Atlantic on LinkedIn

Global Atlantic Privacy Statement

Our employees are in the office 4 - 5 days per week in Hudson Yards, NY and 3-4 days per week in all other offices. If you have questions on this policy or the application process, please reach out to benefits@gafg.com

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.