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 OVERVIEW
The position is on the Actuarial Modeling team at Global Atlantic’s Boston office. While Boston is the preferred location, other Global Atlantic office locations may be open to Des Moines IA, Office.
RESPONSIBILITIES:
- Build actuarial models for newly acquired institutional blocks, on our new state-of-the-art Milliman Integrate Actuarial platform
- Models will be used to support GAAP, US and Bermuda Statutory reporting, cash-flow testing, and other analysis
- Develop and maintain testing tools for new models
- Support assumption updates and impact quantification
- Support model production team in producing quarterly/monthly valuation results
- Follow and employ model development best practices, including:
- Model design
- Change management testing and governance
- Documentation
- Model validation
- Adherence to SOX and Risk Management policies
- Support internal and external auditing activities as well as regulatory exams and inquiries, as needed
QUALIFICATIONS:
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or other related fields
- FSA or established ASA with 10+ years of experience in the life and annuity insurance industry
- Solid experience with MG ALFA or other Actuarial Projection Software required
- Strong communication, technical and analytical skills
- Self-starter and quick learner, being able to solve complex issues independently and in collaborative team settings
- US GAAP valuation experience preferred
- Programming language such as Python or SQL a plus
- Ability to excel in a dynamic and fast-paced environment
#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.
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
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.
