Global Atlantic
Associate, Actuarial Product Development and Management
Global Atlantic, Hartford, Connecticut, us, 06112
Associate, Actuarial Product Development and Management
Join to apply for the
Associate, Actuarial Product Development and Management
role at
Global Atlantic 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 Summary
This role will have responsibilities supporting product implementation efforts in the growing annuity business at Global Atlantic. The individual that accepts this position will work with a broad, multi-disciplined team to find creative solutions to the opportunities and challenges faced in today’s insurance market. The position requires interaction with multiple areas of the company, including Legal, Operations, Actuarial, Technology, Sales and Marketing as well as Senior Management. Responsibilities
Business Requirement Definition: Work with internal and external partners to create business requirement documentation, product specifications and product outlines for Global Atlantic products. Contract Drafting and Filing: Work with internal and external partners on Contract drafting and review. Provide support throughout the filing process. Implementation Support: Create test plans for product implementations on multiple platforms. Work on development and testing of system builds in support of product implementation efforts. Provide support for product training and create process documentation. Work with Legal/Compliance on the creation of required materials and with Sales and Marketing on product design and implementation process. Production Support: Work with impacted areas to identify, quantify, and resolve issues for inforce business on all platforms. Qualifications
Education equivalent to a four-year college degree in actuarial science, mathematics, statistics, finance, or other related field is required 3+ years of experience in the Insurance Industry, with focus on roles supporting annuities Demonstrated Excel expertise VBA and SQL a plus Demonstrated strong analytical ability Excellent communication skills, verbal and written, for delivery to a variety of audiences Ability to understand and interpret technical written material Results-oriented, with ability to execute multiple high-priority items simultaneously Detail-oriented, with ability to test complex calculations and spot gaps in current processes Ambition and desire to succeed by delivering quality and effective results Base Salary Range
The base salary range for this role is $84,500—$160,800 USD 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.
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Join to apply for the
Associate, Actuarial Product Development and Management
role at
Global Atlantic 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 Summary
This role will have responsibilities supporting product implementation efforts in the growing annuity business at Global Atlantic. The individual that accepts this position will work with a broad, multi-disciplined team to find creative solutions to the opportunities and challenges faced in today’s insurance market. The position requires interaction with multiple areas of the company, including Legal, Operations, Actuarial, Technology, Sales and Marketing as well as Senior Management. Responsibilities
Business Requirement Definition: Work with internal and external partners to create business requirement documentation, product specifications and product outlines for Global Atlantic products. Contract Drafting and Filing: Work with internal and external partners on Contract drafting and review. Provide support throughout the filing process. Implementation Support: Create test plans for product implementations on multiple platforms. Work on development and testing of system builds in support of product implementation efforts. Provide support for product training and create process documentation. Work with Legal/Compliance on the creation of required materials and with Sales and Marketing on product design and implementation process. Production Support: Work with impacted areas to identify, quantify, and resolve issues for inforce business on all platforms. Qualifications
Education equivalent to a four-year college degree in actuarial science, mathematics, statistics, finance, or other related field is required 3+ years of experience in the Insurance Industry, with focus on roles supporting annuities Demonstrated Excel expertise VBA and SQL a plus Demonstrated strong analytical ability Excellent communication skills, verbal and written, for delivery to a variety of audiences Ability to understand and interpret technical written material Results-oriented, with ability to execute multiple high-priority items simultaneously Detail-oriented, with ability to test complex calculations and spot gaps in current processes Ambition and desire to succeed by delivering quality and effective results Base Salary Range
The base salary range for this role is $84,500—$160,800 USD 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.
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