Senior Analyst, Actuarial Modeling

Posted 24 Days Ago
Be an Early Applicant
Boston, MA
74K-141K Annually
1-3 Years Experience
Insurance
The Role
Building and maintaining actuarial models, preparing analysis and documentation, supporting valuation for insurance industry
Summary Generated by Built In

Global Atlantic Financial Group is a leader in the U.S. life insurance and annuity industry, serving the needs of individuals and institutions. Global Atlantic is a wholly-owned subsidiary of KKR, a leading global investment firm that offers alternative asset management across multiple strategies and capital markets solutions. 
We are looking for a diverse team of talented individuals who reinforce our culture of collaboration and innovation. We are dedicated to the career development of our people because we know they are critical to our long-term success. Join our team and come grow with us. 

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 considered for the right candidate. Key responsibilities will include the following:

  • Build actuarial models in MG-ALFA for new reinsurance agreements
  • Maintain and enhance MG-ALFA model for existing reinsurance transactions such as annuity block/flow and PRT.
  • Implement assumption changes and new product features in MG-ALFA and reconcile against the pricing R3S model.
  • Prepare model change analysis, regression testing, impact quantification, and documentation.
  • Support valuation for US GAAP, US Statutory, US asset adequacy analysis, and Bermuda EBS

  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or other related fields.
  • Near ASA with 2+ years of experience in the life/annuity insurance industry.
  • Direct experience with MG-ALFA or other actuarial modeling software is preferred.
  • Self-starter and quick learner, being able to solve complex issues independently and in collaborative team settings.
  • Strong communication, problem-solving, technical and analytical skills.
  • Results-oriented, with ability to execute multiple high-priority items simultaneously.
  • Ambition and desire to succeed by delivering quality and effective results.
  • Ability to excel in a dynamic and fast-paced environment.

#LI-LP1

#LI-Hybrid



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. 

Global Atlantic’s  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. 

The base salary range for this role is

$74,000$141,000 USD

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.

 

Global Atlantic’s total rewards package is reflective of our corporate values, particularly diversity, excellence and innovation, with a focus on inclusion, pay equity, and flexibility. We are proud to support your personal and professional growth and well-being through programs such as educational assistance, virtual physical therapy, remote/onsite fitness reimbursement, a medical second opinion program, pet insurance, military leave, parental leave, adoption assistance, fertility and family planning coverage. We strive to foster a culture of total well-being through community outreach and charitable giving programs.

  •  StreetWise Partners, Covenant House, Partnership for New York City, City Meals on Wheels, Habitat for Humanity, Billion Oyster Project
  • : Cradles to Crayons, Boston’s Healthcare for the Homeless, Thompson Island Outward Bound, Rosie’s Place, Catie’s Closet, Project Bread, Rise Against Hunger, Space to Thrive
  • : Junior Achievement, Habitat for Humanity, Oliver’s Pajama, United Way
  • : Elevate Indianapolis, Gleaners Food Bank and the Juvenile Diabetes Research Foundation
  • : So Loved Ripley County Foster Closet, Safe Passage Family Shelter, YES Home Juvenile Rehabilitation, Ripley County Community Foundation
  • : United Way of Central Iowa, Meals from the Heartland, Junior Achievement, Math Motivators, Bidwell Riverside, Orchard Place, Knock and Drop
  • : Habitat for Humanity, Chester County Food Bank, Surrey Services, For Pete’s Sake Respite
  • : Keep Bermuda Beautiful, Center Against Abuse, Trunk Island Nature Reserve, Bermuda Economic Development Corporation

Social platforms provide an environment to collaborate with others and participate in friendly competitions towards achieving physical, emotional and financial well-being. Our highly competitive health, retirement, life and disability plans can be tailored to best suit your needs and those of your whole family.

Global Atlantic is committed to creating an inclusive environment where everyone can meaningfully contribute to our success. We are proud to be an equal opportunity employer and we do not discriminate in employment on any basis that is prohibited by federal, state or local laws.  More than that, we strive to be inclusive of all backgrounds and experiences, which we feel gives us a competitive advantage in the market and within our firm.  All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, age, or veteran status.

Employees who require an accommodation to perform the essential functions of their job will participate in an interactive process which may include providing documentation. If you are hired and require an accommodation for any protected status, please email [email protected].

Please click on the links below to learn more about Global Atlantic. 

Global Atlantic Privacy Statement

Our employees are in the office a week in and in all other offices. If you have questions on this policy or the application process, please contact [email protected].

Top Skills

The Company
Batesville, IN
1,140 Employees
On-site Workplace
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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