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Global Atlantic

Actuarial Modeling - Senior Analyst

Global Atlantic, Boston, Massachusetts, us, 02298

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Global Atlantic 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). 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 Overview

This Senior Analyst position is in the Corporate Actuarial Department at Global Atlantics Boston or Des Moines office, reporting to the AVP, Actuarial Modeling.

Key Responsibilities Will Include The Following

Assist with onboarding new deals to existing valuation modeling platform. Review and study deal related documents (liability assumptions, policy forms, reinsurance treaties, etc.) Perform due diligence to ensure documented requirements (product features, assumptions, etc.) are properly implemented in the interim AFM model by the Onboarding team Build MG-ALFA model utilizing accurate product features, assumptions, and data. Perform model analysis and sensitivity analysis to validate model results to interim AFM model Build various tools including model replication to support user acceptance Facilitate model signoff by presenting model results and reconciliation with key stakeholders pricing, valuation, etc. Support actuarial models in MG-ALFA for cash flow testing and other ALM purposes. Maintain and enhance models for product changes, modeling features, and assumption updates. Support financial reporting for US GAAP, US Statutory, and Bermuda EBS using newly developed valuation models. Leverage Excel, VBA or Python tools for data transformation, with uses in data implementation, model development, model validation, and model result analysis.

Qualifications

Bachelors 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.

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 Atlantics

base salary range

is determined through an analysis of similar positions in the external labor market. Base pay is just one component of Global Atlantics 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

5 days

per week in

Hudson Yards, NY

and

4 days per week

in all other offices. If you have questions on this policy or the application process, please reach out to benefits@gafg.com

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.

Seniority level

Seniority level

Mid-Senior level Employment type

Employment type

Full-time Job function

Job function

Finance and Sales Industries

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