VP, Ivy Finance

VP, Ivy Finance

Full-Time 150000 - 200000 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead financial reporting and controls for Bermuda reinsurance subsidiaries while driving automation initiatives.
  • Company: Global Atlantic is a leading reinsurance and investment firm focused on growth and innovation.
  • Benefits: Enjoy competitive salary, bonuses, flexible benefits, and a vibrant work culture in beautiful Bermuda.
  • Why this job: Join a fast-paced environment with significant visibility to senior executives and impactful growth opportunities.
  • Qualifications: Bachelor's in Accounting, CPA required, with 14+ years in GAAP/SEC reporting and strong leadership skills.
  • Other info: Relocation to Bermuda is necessary; embrace a unique lifestyle while advancing your career.

The predicted salary is between 150000 - 200000 ÂŁ per year.

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 company is required.
  • 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

$200,500—$250,000 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

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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

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.

VP, Ivy Finance employer: Global Atlantic Financial Group

Global Atlantic is an exceptional employer, offering a dynamic work environment in Bermuda that fosters innovation and collaboration. With a strong focus on employee well-being, we provide a comprehensive benefits package, including competitive health plans and retirement options, alongside opportunities for professional growth and development. Our commitment to diversity and inclusion ensures that every team member can contribute meaningfully to our success while enjoying a balanced work-life experience.
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Contact Detail:

Global Atlantic Financial Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land VP, Ivy Finance

✨Tip Number 1

Make sure to familiarize yourself with the specific accounting standards and practices mentioned in the job description, such as GAAP, SEC, and Statutory accounting. This knowledge will not only help you during interviews but also demonstrate your commitment to the role.

✨Tip Number 2

Network with professionals in the Bermuda finance sector or those who have experience in reinsurance. Engaging with industry peers can provide valuable insights and potentially lead to referrals that could enhance your application.

✨Tip Number 3

Prepare to discuss your experience with automation and control initiatives in detail. Highlight specific examples where you've successfully implemented changes that improved financial reporting processes, as this is a key responsibility of the role.

✨Tip Number 4

Research Global Atlantic's growth strategies and recent developments in their Institutional Business. Being knowledgeable about the company’s direction will allow you to tailor your discussions and show how you can contribute to their goals.

We think you need these skills to ace VP, Ivy Finance

Legal Entity Accounting
Financial Reporting
Management Reporting
Automation and Control Initiatives
Process Improvement
GAAP/SEC Reporting
Statutory Accounting
Insurance Capital Framework Knowledge
Leadership Skills
Cross-Functional Collaboration
Strategic Thinking
Commercial Acumen
Communication Skills
Analytical Skills
Project Management

Some tips for your application 🫡

Tailor Your Resume: Make sure your resume highlights relevant experience in GAAP, SEC, and statutory reporting roles. Emphasize your leadership skills and any experience with automation and control initiatives.

Craft a Compelling Cover Letter: In your cover letter, express your interest in the VP position and how your background aligns with the responsibilities outlined in the job description. Mention your ability to work in a fast-paced environment and your experience in managing financial reporting.

Highlight Relevant Qualifications: Clearly state your qualifications, such as your CPA or Chartered Accountant certification, and your extensive experience in the insurance industry. Include specific examples of how you've successfully led accounting changes or improvements.

Showcase Communication Skills: Since this role involves significant interaction with senior executives, demonstrate your strong communication skills in your application. Provide examples of how you've effectively communicated complex financial information to various stakeholders.

How to prepare for a job interview at Global Atlantic Financial Group

✨Showcase Your Leadership Experience

As a VP, you'll need to demonstrate your proven leadership skills. Prepare examples of how you've successfully built and managed technical teams in previous roles, especially in complex environments.

✨Understand Financial Reporting Standards

Make sure you're well-versed in GAAP, SEC, and Statutory accounting standards. Be ready to discuss how you've applied these standards in your past work, particularly in relation to life insurance companies.

✨Highlight Your Strategic Thinking

This role requires a strategic approach to financial management. Prepare to discuss specific instances where your strategic thinking led to successful outcomes, especially in capital management or operational changes.

✨Demonstrate Cross-Functional Collaboration

You'll be working closely with various departments like Actuarial and Risk. Share examples of how you've effectively collaborated across functions to achieve business goals, emphasizing your communication skills.

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