AVP Corporate Development

Financeroles; New York (NY); Hybrid; USD 138,000 - 244,000; Full time

Job summary

Athene in New York seeks an AVP Corporate Development to lead all phases of reinsurance transactions, from target identification through closing. You will develop complex transaction models and collaborate with third-party clients.

Requirements include 5 years of actuarial/modeling experience, ASA or FSA, and a Master’s in a quantitative field (or BA plus 7 years). Proficiency in Excel and Power BI is essential. Hybrid work with some remote days is available.

Qualifications

• 5 years building and using actuarial or mathematical models to perform complex data analyses.
• Experience in insurance, investment banking and/or financial services.
• Actuarial analyses of annuities and life insurance matters.
• Using Power BI for data analysis, data visualization and reporting.
• Proficiency in Excel for mortality-contingent financial and statistical calculations.

Responsibilities

• Lead all phases of a reinsurance transaction from target identification through bidding, structuring, negotiating and closing.
• Develop and maintain transaction models and assumptions.
• Manage third-party reinsurance clients and discuss industry trends, rate setting strategies and opportunities.
• Prepare internal deal documents for management approval.
• Document controls and implement policies to enhance the deal review process.
• Research actuarial concepts, regulations and industry trends impacting deal valuation.
• Analyze due diligence materials including actuarial appraisals and policy forms.
• Oversee projects and maintain third-party relationships.
• Work site is New York, NY with occasional work-from-home days.

Skills

Actuarial modeling

Financial analysis

Excel modelling

Power BI

Data analysis

Forecasting

Education

ASA or FSA

Master’s degree in Mathematics/Finance/Economics/Business Administration with Finance

Bachelor’s degree + 7 years progressive related experience

Tools

Power BI

Microsoft Excel

Microsoft PowerPoint

Job description

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 AVP Corporate Development leads all phases of a reinsurance transaction, from initial target identification through bidding, transaction structuring, contract negotiation, closing and post-close- activities. This role also develops and maintains the highly complex transaction models and assumptions, which are based on complex mathematics and algorithms.

Key Deliverables:

• Leads all phases of a reinsurance transaction, from initial target identification through bidding, transaction structuring, contract negotiation, closing and post-close- activities.
• Contribute to the development of transaction models and assumptions.
• Manage third-party reinsurance clients, including ongoing discussions on industry trends, new and existing products, rate setting strategies, rate communications and additional business opportunities.
• Prepare internal deal documents and materials for the management approval process.
• Document internal controls, develop and implement policies and procedures to enhance transaction review process and overall quality of deliverables.
• Research and summarize actuarial concepts, regulations and industry trends including actuarial guidelines, capital market and insurance industry activities and trends which could impact deal valuation.
• Analyze due diligence materials including actuarial appraisals, confidential information memoranda, policy forms, product specifications and insurance liability cash flows.
• Oversee projects, collaborate with other business units, and maintain third party business relationships.
• Work site is New York, New York with the opportunity to work from home a few days per week.

What You Need to Bring:

• 5 years of experience:
  • Building and using actuarial or mathematical models to perform complex data analyses;
  • Working in the insurance, investment banking and/or financial services sector
  • Conducting actuarial and financial analyses of annuities and life insurance matters
  • Developing actuarial models in Microsoft Excel utilizing mortality-contingent financial and statistical calculations
  • Using financial and statistical modelling to forecast economic outcomes under adverse asset and liability scenarios
  • Using Power BI for data analysis, data visualization, and reporting.
• 3 years of experience:
  • Managing team of junior actuarial associates
  • Analyzing, interpreting, and evaluating data to develop product strategies
  • Visual Stream Mapping
  • LEAN methodologies
  • Microsoft PowerPoint
• ASA or FSA required.
• Master’s degree or foreign equivalent in Mathematics, Finance, Economics, Business Administration with a major in Finance or a closely related quantitative field. We will accept as equivalent a bachelor’s degree plus 7 years of progressive related experience.

$138,278 to $244,030 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.

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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.