VP Corporate Development
At a glance
VP-level Investment & Corporate Development role at Athene (Athene Careers). Hamilton 16 Church Street · full-time · $271,560–$407,340 base.
financeroles summary, based on the employer's posting.
What you'll do
- Take transactions from finding potential targets through bids, structuring, contract talks, closing and post-close updates
- Oversee reinsurance client relationships, covering product discussions, rate strategies, communications and new business
- Review actuarial appraisals, policy documents, product details and projected cash flows to assess potential transactions
- Prepare deal approval papers and presentations for executives, directors and prospective counterparties
- Improve transaction controls and procedures while coordinating projects, deal assumptions and less experienced staff
What you bring
- At least eight years in insurance, investment banking or financial services, with substantial insurance or financial-services experience
- Financial analysis experience involving annuities, life insurance or both
- A bachelor's degree in mathematics, economics, finance or a related area is preferred
Who this fits
This VP role suits an experienced transaction lead who can assess reinsurance deals, communicate with executives and counterparties, and manage several projects under deadline pressure. You should be comfortable mentoring junior staff and working beyond standard hours when needed. Some travel is required.
From the employer
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:
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.
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