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-CA1
Various jurisdictions have passed pay transparency laws that require companies provide salary ranges for any positions for which they are accepting applications. Global Atlantic has offices in Atlanta, Batesville, Bermuda, Boston, Des Moines, Hartford, Indianapolis, and New York City. The base salary range posted below is inclusive of the lowest cost of living geography to the highest in which we have a Global Atlantic office.
Global Atlantic’s base salary range is determined through an analysis of similar positions in the external labor market. Base pay is just one component of Global Atlantic’s total compensation package for employees and at times we hire outside the boundaries of the salary range. Other rewards may include annual cash bonuses, long-term incentives (equity), generous benefits (including immediate vesting on employee contributions to a 401(k), as well as a company match on your contributions), and sales incentives. Actual compensation 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. Compensation for our more senior positions have a larger component of short-term cash bonus and long-term incentives.
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.
