COMPANY OVERVIEW
Global Atlantic Financial Group is a leading insurance company meeting the retirement and life insurance needs of individuals and institutions. With a strong financial foundation and risk and investment management expertise, the company delivers tailored solutions to create more secure financial futures. The company's performance has been driven by its culture and core values focused on integrity, teamwork, and the importance of building long-term client relationships. Global Atlantic is a wholly-owned subsidiary of KKR, a leading global investment firm. Through its relationship, the company leverages KKR's investment capabilities, scale and access to capital markets to enhance the value it offers clients. KKR's parent company is KKR & Co. Inc. (NYSE: KKR).
POSITION SUMMARY:
The Senior Analyst will join the Actuarial Modeling team at Global Atlantic’s Boston, MA office. The role will be responsible for building actuarial models for retail annuity products and newly acquired institutional blocks, on our new state-of-the-art Milliman Integrate Actuarial platform. These models will be used to support GAAP, US and Bermuda Statutory reporting, cash-flow testing, and other analysis.
RESPONSIBILITIES:
- Develop and maintain testing tools for new models for retail FA and VA.
- 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.
- ASA or near ASA with 2+ years of experience in the life and annuity insurance industry.
- Experience with MG ALFA or other Actuarial Projection Software preferred.
- Strong communication, technical and analytical skills.
- Strong controls mindset, including documentation and change management best practices.
- 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.
To be considered for this role, applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time.
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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.
The base salary range for this role is
$60,000—$114,600 USD
Privacy Statement
Our employees are in the office 4 - 5 days per week in Hudson Yards, NY and 3 - 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
Global Atlantic Financial Group Boston, Massachusetts, USA Office
20 Guest Street, Boston, MA, United States, 02135
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