The Vice President of Bermuda Finance will drive legal entity accounting and controls in addition to management and financial reporting for multiple large Bermuda reinsurance subsidiaries of Global Atlantic and Co-Investment vehicles. Reporting to the Head of Finance and working closely with the Bermuda CFO, the successful candidate will design and lead automation and control initiatives, direct entity management and financial reporting, and identify and evaluate opportunities to support and enhance GA’s growth strategies and capital management for the Bermuda entities. The Vice President will provide timely and accurate financial reporting & analysis to executive management, the entity Board of Directors and Investors.
This position supports Global Atlantic’s Institutional Business, which is a major growth engine for the corporation, that develops reinsurance and acquisition opportunities both with US and international clients. In addition to possessing the specific qualifications cited below, all candidates must work well within a complex, fast-paced, fluid environment, and possess a proven ability to design and lead operational and accounting change. This role will have significant contact and visibility with senior executives of the Institutional business and the Bermuda reinsurance and corporate entities.
THIS POSITION IS BASED OUT OF OUR BERMUDA OFFICE, CANDIDATES MUST BE INTERESTED IN RELOCATING TO BERMUDA
Primary Responsibilities
- Planning and coordination across source functions for the accounting close, remaining engaged in and providing analysis and control reviews of financial results as they emerge to ensure the accuracy of the legal entity results developed.
- Synthesize and summarize detailed financial data to create meaningful, high-level, result-oriented analysis used for executive management reviews as well as board & investor reporting.
- Develop quarterly dividend recommendation for Co-Investment Vehicles
- Expand availability of monthly information and identify and champion initiatives to accelerate the close process
- Ensure compliance with accounting policies and manage the annual audit
- Develop and maintain process improvement capabilities and controls
- Collaborate with SEC/GAAP/STAT/Bermuda reporting teams to prepare quarterly and annual audited financial statements, consistent with industry-leading practices
- Monitor new and emerging accounting policy developments and assess impact on reinsurance activities, Institutional business, and our Reinsurer entities’ financial statements; Collaborate with Finance, Actuarial, Investments, Risk, and other stakeholders to assess, plan for, and implement new activities
- Develop effective communication and partnerships with Institutional, Actuarial, Risk and Finance to achieve business goals.
QUALIFICATIONS
- Bachelor’s degree required in Accounting or related field
- Certified Public Accountant or Chartered Accountant required
- Prior Big 4 experience preferred
- Minimum 14 years of experience in GAAP/SEC/ US Statutory reporting roles at life insurance companies and experience with reinsurance preferred.
- Prior experience overseeing GAAP, SEC, or Statutory accounting and reporting functions required
- Demonstrated expertise in GAAP, SEC, and Statutory accounting standards and practices—including LDTI
- Demonstrated knowledge of insurance capital framework (EBS or RBC) required
- Ability to work collaboratively and cross-functionally, and lead the assessment and implementation of new accounting policies
- Proven leadership skills, and demonstrated success at building and managing technical teams
- Strong communication skills, written and oral
- Applies strategic thinking approach to work product
- Demonstrated commercial acumen. Experience supporting sales, M&A, or other complex transactions a plus
#LI-KS1
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
$135,500—$258,500 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.
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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.
