Actuarial Associate

Global Atlantic Financial Group, a wholly owned subsidiary of KKR, is one of the fastest-growing life and annuity companies in the U.S. Through innovative reinsurance and acquisition solutions, we help insurers optimize capital, risk, and growth. Our Bermuda Actuarial team plays a pivotal role in this mission — overseeing model production and analytics that drive strategic decision-making across our global business.

This is an opportunity to join a high-caliber actuarial group operating at the intersection of valuation, modeling, and capital strategy — in one of the world’s most dynamic reinsurance markets.

The Opportunity

The Associate Actuary will support all aspects of the Bermuda model production process, acting as a bridge between our onshore model development team and key stakeholders in valuation, finance, and risk. This role offers exposure to complex life and annuity business, evolving regulatory frameworks, and a broad range of modeling and analytics challenges.

What You’ll Do

• Manage the end-to-end production process for all Best Estimate Liability (BEL) projections under the Bermuda Economic Balance Sheet (EBS) framework.
• Deliver accurate, timely model outputs to the valuation and finance teams.
• Perform and interpret stress and sensitivity testing to inform management decision-making.
• Partner with the valuation team to analyze results and communicate insights clearly.
• Collaborate with the onshore model development team to validate, refine, and enhance ALFA-based cash-flow models.
• Onboard new reinsurance transactions, integrating new models into the valuation framework.
• Prepare clear, comprehensive documentation supporting internal governance, audit, and regulatory reviews.

What You Bring

• 3+ years of experience in the (re)insurance industry.
• ASA designation (or equivalent), actively pursuing Fellowship (FSA or equivalent).
• Hands-on experience with actuarial modeling systems — MG-ALFA preferred.
• Strong understanding of life and annuity products and valuation frameworks.
• Excellent communication and analytical problem-solving skills.
• Experience with Python or similar coding languages a strong plus.
• Familiarity with Bermuda EBS and/or asset adequacy testing (CFT) advantageous.

Who Thrives Here

Our best team members are proactive thinkers who take ownership and collaborate effectively across functions. You’ll excel in this role if you:

• Perform under pressure and deliver in fast-moving environments.
• Enjoy solving technical problems that require both rigor and creativity.
• Balance autonomy with teamwork and open communication.
• Value continuous learning, transparency, and professional growth.

Why Join Global Atlantic

At Global Atlantic, you’ll work alongside some of the industry’s top actuarial and investment professionals — supported by the global platform of KKR. You’ll gain exposure to reinsurance transactions, valuation, and capital frameworks that define the next generation of the insurance industry.

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