Senior Counsel, Reinsurance Transactions

Global Atlantic Financial Group

Location
New York-New York City
Description
<div id="jobDescriptionText" class="jobsearch-JobComponent-description css-16y4thd eu4oa1w0"><div> <div> <p><b>COMPANY OVERVIEW</b></p> <p>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 &amp; Co. Inc. (NYSE: KKR).</p> <div> </div> <p></p> <p><b>Greenhouse is our scheduling tool, and we 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.</b></p> </div> <p>The Senior Counsel, Reinsurance Transactions will provide legal and strategic advice for Global Atlantic's growing and dynamic insurance transactional business. The Vice President will work directly with the Institutional Markets business team in New York, Connecticut, and Bermuda, as well as colleagues throughout the Legal team and in other Global Atlantic functional areas, to negotiate complex and novel transactions and provide advice and legal support for the day-to-day functioning of a growing, dynamic and industry-leading business.</p> <p>Responsibilities will include:</p> <ul> <li>Negotiate transactions, including drafting a wide range of transactions documents and supervising outside counsel, between Global Atlantic and third-party insurance companies. Types of transactions include, without limitation, block and flow reinsurance of annuities and life contracts and pension liabilities and retrocessions to Global Atlantic's Bermuda affiliated reinsurers</li> <li>Serve as strategic legal advisor on multibillion dollar(re)insurance transactions, interacting directly and regularly with Global Atlantic's industry-leading institutional markets insurance business teams and legal colleagues, as well as members of the C-suite</li> <li>Serve as go-to advisor on regulatory matters (both U.S. and non-U.S.) affecting Global Atlantic's (re)insurance business</li> <li>Lead coordination of various Global Atlantic functional areas in order to advise on and facilitate business initiatives</li> <li>Collaborate and serve as legal lead on developing and implanting best practices of a growing organization</li> <li>Lead evaluation of and present to senior leadership on novel matters and transactions</li> <li>Build and maintain partnerships with internal stakeholders as well as contacts within the broader legal &amp; and compliance community</li> </ul> <p>Qualifications:</p> <ul> <li>Juris Doctor degree (JD) and 6+ years of experience in the field of law, preferably including financial services/insurance or another regulated industry</li> <li>Experience with life/annuity reinsurance transactions</li> <li>Experience with pension risk transfer transactions</li> <li>Familiarity with the Model Holding Company Act a plus</li> <li>Experience independently, or leading a team, negotiating complex transactions</li> <li>Superior negotiation and drafting skills</li> <li>Superior ability to manage competing priorities of a variety of fast-paced, dynamic transactions</li> <li>Superior communication skills and ability to communicate complex topics succinctly to senior business and legal team members</li> <li>Desire to become subject matter expert with respect to a variety of transactions</li> <li>Superior judgment with ability to use independent judgment, think commercially, establish priorities, delegate, drive processes forward and work effectively on multiple initiatives concurrently</li> <li>Ability to work with a geographically dispersed team</li> <li>Capacity to consider, process and filter large amounts of complex information quickly and identify appropriate actions in a fast-paced environment</li> <li>Ability to work across enterprise and present complex matters to senior business leaders</li> <li>Strong communication skills, work ethic and high level of personal integrity and accountability</li> <li>Willingness to travel periodically to international locations for transaction negotiations, including to Bermuda</li> </ul> <div> <b><i>This role is not eligible for visa </i></b><b><i>sponsor</i></b><b><i>ship now or in the future.</i></b> </div><br> <div></div> <div> #LI-KS1 </div> <p></p> <div> <br> <p><b> TOTAL REWARDS STATEMENT</b></p> <p>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. <b>Click </b><b>HERE</b><b> </b><b>to learn more about our charitable giving programs.</b></p> <p>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 &amp; Benefits, Best Company Work-Life Balance, Best Company Happiness and Best Company Compensation. <b>Learn more about our </b><b>Benefits</b><b> </b><b>offerings.</b></p> <p>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. <b>Find out more about GA's commitment to creating a culture of belonging: </b><b>DE&amp;I</b><b> </b>and <b>Strategic Pillars</b></p> <p>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.</p> <p><b> Discover more about Global Atlantic below: </b></p> <p></p> <p>Global Atlantic Privacy Statement</p> <p>Our employees are in the office <b>4 - 5 days</b> per week in <b>Hudson Yards, NY</b> and <b>3 - 4 days per week</b> in all other offices. If you have questions on this policy or the application process, please reach out to benefits@gafg.com</p> <p>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.</p> </div> </div></div>
Posted
Updated
Practice Areas
Banking, Insurance
Experience
6+ years
Employer Type
In-House