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Actuarial Modeling Senior Analyst

Global Atlantic Financial Group
United Statesfull_timeVerifiedPosted 8 Jan 2024
💰 $115,000/yr($60,000/yr – $115,000/yr)

About the role

COMPANY OVERVIEW

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 KKR-Global Atlantic partnership - The Global Atlantic Story 

Greenhouse is our scheduling tool and we communicate through their systems. At times, your email may block our communications. Please be sure to check your SPAM so that you do not miss critical information about our process, including scheduling. 

POSITION OVERVIEW

Global Atlantic Financial Company is seeking a candidate for the position of Actuarial Modeling Sr. Analyst.  Responsibilities include:

  • Lead projects to 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 disability insurance.
  • Prepare model change analysis, regression testing, impact quantification, and documentation.
  • Support valuation for US GAAP, US Statutory, US asset adequacy analysis, and Bermuda EBS

QUALIFICATIONS

  • 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-CA1

#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. 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—$115,000 USD

TOTAL REWARDS STATEMENT  

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.

We are active in our communities-

  • New York: Red Hook Conservancy, Girls Who Invest, Outward Bound, Teach for America, StreetWise Partners,
  • Boston: Catie’s Closet, Project Bread, Thompson Island Outward Bound Education Center, Cradles to Crayons, and many others

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Company

Global Atlantic Financial Group

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