Managing Director, Chief Product Officer (Retail) - Global Atlantic Financial Group : Job Details

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).

The Global Atlantic & KKR Partnership Story

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Position Summary

The Managing Director, Chief Product Officer (Retail) will be key part of Individual Market Leadership Team leading product development and innovation, helping to fuel next leg of sales growth.

This leadership role will oversee the development of annuity, life products and reinsurance products, set new business pricing, manage existing products, and lead overall product strategy for Global Atlantic Financial Group.

The successful candidate will report directly to the Co-Heads of Individual Markets and will be located in our NYC office. An important component of the role will be effective collaboration and communication across Individual Markets as well as investments, risk, hedging, and finance areas to manage new business and in force profitability, product competitiveness and sales growth. The successful candidate will also collaborate with KKR to enhance our combined capabilities to design and launch new solutions to the marketplace. Knowledge of insurance, investments, finance, actuarial and hedging is critical for success.

The successful candidate will be responsible for leading product strategy to profitability grow sales and manage in force profitability and will be accountable for communication across business areas and the overall execution of products within our retail franchise. The successful candidate needs a demonstrated ability to think both creatively and strategically. They will be counted on to provide experience, industry insights, and thought leadership.

Responsibilities

* Key part of Individual Markets leadership team helping to collaborate and connect across organization.

* Assist in reimagining the product ideation process by having a deep understanding of asset characteristics and how they could inform annuity benefit and liquidity design in a modern way

* Lead a team of product development, product pricing, and modeling actuaries.

* Lead product committee, and likely participate in other governance committees.

* Execute existing opportunities and directly partner with key leaders to define, evaluate, and recommend specific product opportunities with existing and potential distribution partners.

* Responsible for financial evaluation of strategic scenarios including financial modeling, organizational design implications, business structure, and execution frameworks.

* Develop materials and lead executive reviews of new product development and profitability management, including product, finance and risk committees as well as CEO level presentations.

Qualifications

* Demonstrated ability to think creatively, strategically and champion product throughout Global Atlantic and our distribution partners taking into account company profitability and consumer value.

* Demonstrated ability to lead business lines and seamlessly navigate matrixed organizations.

* Experience leading Product strategy development, financial analysis, and product innovation.

* Substantial leadership experience and knowledge of insurance, capital markets and risk.

* Track record of product innovation and raising liabilities at attractive funding costs.

* Detailed understanding of product vehicles, legal and other regulatory, structures, and unique investment requirements of retail products (registered and unregistered).

* Expert communication skills and ability to influence senior most levels of the organization.

* Demonstrated ability to align internal and external resources to partner for successful outcomes.

* Experience and ability to work with operating committees and boards to inform and promote.

* The ability to coach, mentor and share knowledge with others in the organization.

* Must be able to travel occasionally to other offices (i.e. Des Moines, Hartford, Wayne (PA))

* Experience designing large-scale business cases and successful implementation strategy.

* Experience in M&A is desired but not required.

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 [email protected].

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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 [email protected]

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.