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
Global Atlantic Financial Company (a subsidiary of Global Atlantic Financial Group Limited) is seeking a candidate for the position of Senior Actuarial Analyst, Valuation in Brighton, MA. Responsibilities include:
- Support the valuation and financial reporting of annuity blocks.
- Work with the valuation team in both the reporting and analysis of the business.
- Calculate U.S. Statutory, Tax, U.S. General Accepted Accounting Principles (GAAP) reserves, and other related actuarial balances.
- Provide analysis, including sensitivities, for both statutory and GAAP balances and earnings impact.
- Maintain and improve various controls, including Sarbanes-Oxley (SOX).
- Conduct annual impact testing for potential assumption changes.
- Work with the Modeling team related to any necessary modeling updates.
- Work with Information Technology (IT) and data team on valuation system transformation.
- Support Asset Adequacy Analysis.
- Support audit and regulatory requests.
- 40 hours/wk; Monday-Friday; 9am-5pm; $113,000 to $146,000per annum
QUALIFICATIONS
Bachelor’s degree (U.S. or foreign equivalent) in Mathematics, Actuarial Science, or a related analytical field, plus two (2) years of experience in an actuarial valuation role.
Minimum Special Requirements:
Two (2) years of experience in the following:
- Working in the insurance or pension industry.
- Working in an Actuarial Valuation role.
- Working with annuity or pension insurance products.
- Using Microsoft Office suite (including Excel, Word, Outlook and Teams).
- Communicating and coordinating with multiple teams.
- Personal accountability for the execution of goals and objectives through completion of tasks timely and accurately.
- Participating or generating new and unique ideas such as making procedural changes or creating new procedures in an effective and controlled manner.
- Licenses/Certifications: Completed the Associate credentials of the Society of Actuaries
Global Atlantic is an equal opportunity employer, does not discriminate in employment on any basis that is prohibited by federal, state or local laws.
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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.
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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.
