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Global Atlantic

AVP - Actuarial Modeling

Global Atlantic, WorkFromHome

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Position Overview

The AVP - Actuarial Modeling role at Global Atlantic sits on the Actuarial Modeling team in Global Atlantic's Boston office. While Boston is the preferred location, other Global Atlantic office locations may be open (Des Moines, IA).

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, able to solve complex issues independently and in collaborative team settings
  • US GAAP valuation experience preferred
  • Programming language such as Python or SQL is a plus
  • Ability to excel in a dynamic and fast-paced environment

Compensation and Location

Base salary range: $99,500—$189,600 USD. Actual compensation will be determined by geographic location, work experience, education, licensure requirements, and skill level. Base pay is one component of Global Atlantic’s total compensation, which may include annual bonuses, long-term incentives, benefits, and other rewards.

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