AVP Corporate Development
At a glance
Mid-level Investment & Corporate Development role at Athene (Athene Careers). New York · full-time · $138,278–$244,030 base.
financeroles summary, based on the employer's posting.
What you'll do
- Guide reinsurance deals from finding targets through bids, contract terms, closing and post-close work
- Build transaction models and assumptions, using complex calculations to support deal analysis
- Handle reinsurance client discussions on products, pricing approaches, rates and potential business
- Prepare approval materials, strengthen transaction controls and improve review procedures
- Review actuarial and insurance diligence, and track regulations and industry developments that affect deal value
What you bring
- At least five years building actuarial or mathematical models and analyzing insurance or financial data
- Five years of experience analyzing annuity and life insurance matters and developing related actuarial models in Excel
- Experience using Power BI for analysis and reporting, plus financial modeling of adverse economic scenarios
- An ASA or FSA designation, plus a relevant master’s degree or a bachelor’s degree with seven years of related experience
Who this fits
This role suits someone experienced in actuarial and financial analysis who can lead deals and manage junior actuarial associates. You’ll work from New York, with the option to work from home a few days each week. It also calls for three years of experience managing junior actuarial associates and developing product strategies.
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:
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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