AVP, Corporate Development

Athene•City of Hamilton, CT

About The Position

Athene’s Corporate Development and Flow Reinsurance teams play an important role in advancing the company’s growth through the development, analysis, execution and ongoing management of reinsurance transactions. As AVP, Corporate Development, you will help lead complex global reinsurance opportunities from initial evaluation and structuring through negotiation, execution and post-close management. You will operate at the intersection of insurance, finance, actuarial analysis and transaction execution, partnering with senior leaders, counterparties and teams across Athene. Through Athene’s relationship with Apollo, you will work within a scaled and innovative retirement services platform with opportunities to help shape transactions and solutions that support Athene’s continued growth. Success requires strong judgment, intellectual curiosity, adaptability, a bias for action and a commitment to Athene’s BEAM values.

Requirements

8+ years of relevant experience in corporate development, reinsurance, insurance, investment banking or financial services, including 4+ years of formal or informal leadership, with significant insurance-sector experience or relevant experience, preferred.
Bachelor’s degree in Mathematics, Economics, Finance or related field, preferred.
Experience with financial analysis of annuities and/or life insurance; strong understanding of global accounting and regulatory regimes.
Designation from a professional actuarial or financial organization preferred.
Strong attention to detail and the ability to prioritize and manage several projects; exhibit dedication to completing tasks thoroughly and on time, including under time pressures and outside normal working hours.
Strong collaboration abilities with broader organizational leadership; demonstrated leadership qualities; ability to interact with executive management, directors and counterparty management.
Strong written and verbal communication skills; ability to view “big picture”, understand broad corporate impacts, and focus on company objectives.
Advanced user of Microsoft Office suite, with the ability to embed good organization and high levels of flexibility and auditability in large projects.

Responsibilities

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; work collaboratively with peers and manage or mentor less experienced staff.
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.
Maintain appropriate levels of confidentiality; some travel will be required.