We are driven to do more. More for our customers and the financial professionals who offer our products. If you are driven to do more and love the challenge of pursuing more, Athene is your kind of company. You will find we offer more than the basics to create an inclusive and dynamic work environment at our various locations.
Purpose & Impact:
The Corporate Development and Flow Reinsurance departments support the Company’s growth, primarily through the development, analysis, execution and management of reinsurance transactions. The successful candidate will possess a solid understanding of insurance companies, be an experienced transaction manager and possess strong quantitative, project management and written and verbal communication skills. The position primarily supports the global reinsurance transaction development, execution and management.
Key Deliverables:
- Lead and / or support all phases of a transaction process, from initial target identification through bidding, transaction structuring, contract negotiation, closing and post-close refresh
- Lead management of third-party reinsurance clients, including ongoing discussions on industry trends, new and existing products, rate setting strategies, rate communications and additional business opportunities with clients.
- Lead the preparation of internal deal documents such as the Transaction Memorandum and materials for the management approval process
- Develop and present materials for a variety of audiences (e.g., senior management, Board of Directors, potential counterparties)
- Manage projects with appropriate oversight, collaborate with other business units, and maintain third party business relationships
- Analyze due diligence materials including Actuarial appraisals, Confidential Information memoranda, policy forms, product specifications and projected cash flows
- Contribute to the development of structure, inputs, and assumptions for transactions
- Drive the documentation of internal controls and develop and implement policies and procedures to promote more rigorous transaction review; Support other process improvements which help to improve quality and effectiveness of deliverables
- Research and be able to summarize and explain actuarial concepts and regulations; Stay abreast of proposed and newly implemented actuarial guidelines, capital market and insurance industry activities and trends which could impact deal valuation.
- Work collaboratively with peers and manage or mentor less experienced staff
- Maintain appropriate levels of confidentiality
- Some travel will be required
What You Need to Bring:
- Bachelor’s degree in Mathematics, Economics, Finance or related field preferred
- 8+ years of experience in the insurance sector, investment banking or financial services with significant experience in the financial services / insurance sector preferred
- Experience with financial analysis of annuities and/or life insurance
- Designation from a professional actuarial or financial organization preferred
- Strong attention to detail and the ability to prioritize and manage several projects
- Strong collaboration abilities with broader organizational leadership
- Demonstrated leadership qualities
- Strong written and verbal communication skills
- Strong understanding of global accounting and regulatory regimes
- Advanced user of Microsoft Office suite, with the ability to embed good organization and high levels of flexibility and auditability in large projects
- Exhibit dedication to completing tasks thoroughly and on time, including under time pressures and outside normal working hours
- Ability to view “big picture”, understand broad corporate impacts, and focus on company objectives
- Ability to interact with executive management, directors and counterparty management
$271,560.00 - $407,340.00 USD Annual
Annual Salary for this role is market competitive. Actual salary 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. Depending on the role, a discretionary bonus plan or variable sales incentive may be included.
Drive. Discipline. Confidence. Focus. Commitment. Learn more about working at Athene.
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Athene is committed to inclusion and is proud to be an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, marital status, sexual orientation, veteran status or any other status protected by federal, state or local law.
