Associate, Actuarial Product Development and Management

Reposted 21 Days Ago
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Hartford, CT
In-Office
85K-161K Annually
Mid level
Insurance
The Role
Support product implementation efforts for annuity products through business requirement documentation, contract drafting, testing, and production support, while collaborating across multiple departments.
Summary Generated by Built In

About Global Atlantic 

Global Atlantic is a leading provider of retirement security and investment solutions with operations in the U.S., Bermuda, and Japan. As a wholly-owned subsidiary of KKR (NYSE: KKR), a leading global investment firm, Global Atlantic combines deep insurance expertise with KKR’s powerful investment capabilities to deliver long-term financial security for millions of individuals worldwide. With a broad suite of annuity, preneed life insurance, reinsurance, and investment solutions, Global Atlantic, through its issuing companies, helps people achieve their financial goals with confidence. For more information, please visit www.globalatlantic.com. 

POSITION SUMMARY:

This role will have responsibilities supporting product implementation efforts in the growing annuity business at Global Atlantic. The individual that accepts this position will work with a broad, multi-disciplined team to find creative solutions to the opportunities and challenges faced in today’s insurance market. The position requires interaction with multiple areas of the company, including Legal, Operations, Actuarial, Technology, Sales and Marketing as well as Senior Management.

RESPONSIBILITIES:

  • Business Requirement Definition: Work with internal and external partners to create business requirement documentation, product specifications and product outlines for Global Atlantic products.
  • Contract Drafting and Filing: Work with internal and external partners on Contract drafting and review.  Provide support throughout the filing process. 
  • Implementation Support: Create test plans for product implementations on multiple platforms. Work on development and testing of system builds in support of product implementation efforts. Provide support for product training and create process documentation. Work with Legal/Compliance on the creation of required materials and with Sales and Marketing on product design and implementation process.
  • Production Support: Work with impacted areas to identify, quantify, and resolve issues for inforce business on all platforms.

QUALIFICATIONS

  • Education equivalent to a four-year college degree in actuarial science, mathematics, statistics, finance, or other related field is required
  • 3+ years of experience in the Insurance Industry, with focus on roles supporting annuities
  • Demonstrated Excel expertise
  • VBA and SQL a plus
  • Demonstrated strong analytical ability
  • Excellent communication skills, verbal and written, for delivery to a variety of audiences
  • Ability to understand and interpret technical written material
  • Results-oriented, with ability to execute multiple high-priority items simultaneously
  • Detail-oriented, with ability to test complex calculations and spot gaps in current processes
  • Ambition and desire to succeed by delivering quality and effective results

#LI-KW1

This is the expected annual base salary range for this Boston-based position. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.

Global Atlantic EEOC Statement
Global Atlantic is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.

The base salary range for this role
$84,500$160,800 USD

Privacy Statement

Our employees are in the office 5 days per week in New York and 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. 

Top Skills

Excel
SQL
VBA
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The Company
Batesville, IN
1,140 Employees
Year Founded: 2004

What We Do

Global Atlantic Financial Group, through its subsidiaries, offers a broad range of retirement, life and reinsurance products designed to help our customers address financial challenges with confidence. A variety of options help Americans customize a strategy to fulfill their protection, accumulation, income, wealth transfer and end-of-life needs. In addition, Global Atlantic offers custom solutions and responsive service for the capital, risk and legacy-business management of life and annuity insurance companies around the world.

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