What are the responsibilities and job description for the Assistant General Counsel, Reinsurance Transactions position at Global Atlantic Financial Group?
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).
Position Overview
The Senior Counsel, Transactions will provide legal and strategic advice for KKR's growing and dynamic insurance transactional business. The Senior Counsel will work directly with the insurance business teams in New York and Bermuda, as well as colleagues throughout the Legal team and in other functional areas related to KKR's insurance business, 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.
RESPONSIBILITIES :
- Negotiate transactions, including drafting a wide range of transactions documents with third parties and supervising outside counsel. Types of transactions include, without limitation, block and flow reinsurance of annuity and life contracts and pension liabilities and retrocessions to Bermuda reinsurers.
- Serve as strategic legal advisor on multi-billion dollar (re)insurance transactions, interacting directly and regularly with KKR's industry-leading insurance business teams and legal colleagues, as well as members of the C-suite.
- Lead and advise on structuring of multi-billion dollar third-party capital vehicles.
- Develop capital solutions and new fundraising products for the insurance business.
- Serve as go-to advisor on regulatory matters (both U.S. and non-U.S.) affecting KKR's (re)insurance business.
- Lead coordination of various functional areas in order to advise on and facilitate business initiatives related to (re)insurance.
- Collaborate and serve as legal lead on developing and implementing best practices of a growing organization.
- Lead evaluation of, and present to senior leadership on, novel matters and transactions.
- Build and maintain partnerships with internal stakeholders as well as contacts within the broader legal & compliance community.
QUALIFICATIONS :
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. 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.
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