Global Atlantic Financial Group
Associate, Actuarial - Cash Flow Testing Boston, Massachusetts, United States
Global Atlantic Financial Group, New York, New York, us, 10261
Associate, Actuarial - Cash Flow Testing
at Global Atlantic Financial Group 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. POSITION SUMMARY: Global Atlantic’s Corporate Actuarial Team is seeking an Associate to join the team in the Boston, MA location. RESPONSIBILITIES: Participate in quarterly Cash Flow Testing for the company’s onshore life and annuity business and ensure the timely and accurate preparation, validation, and delivery of Cash Flow Testing results. Develop, update, and maintain controls for Cash Flow Testing process. Work closely with modeling team to implement model changes that reflect new regulatory requirement or business need into Cash Flow Testing models. Collaborate with modeling team on model and assumption changes; Validate and perform reasonableness review of CFT impacts. Work with valuation actuaries to understand statutory reserves and liability assumptions. Perform independent review of liability inputs and outputs. Execute on timely production of asset in-force file and related controls around asset listing and projections. Participate in year-end statutory filings, help construct actuarial memorandums and other regulatory submissions. Support the Appointed Actuary and other actuarial leadership in evaluating and determining actuarial accounting policy and methodology for new and existing products as directed and appropriate. Support internal and external audit functions. QUALIFICATIONS: Education and experience equivalent to a four-year college degree in actuarial science, mathematics, statistics, finance, or other related field is required. FSA with more than four years of experience in the life/annuity insurance industry. Direct experience with Statutory valuation and actuarial modeling. Proficient in Python and hands-on experience with large data set is a plus. Strong problem-solving and analytical skills. Ownership, adaptive and self-motivated. 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. The base salary range for this role is $91,500 — $174,600 USD. Global Atlantic is committed to creating an inclusive environment where everyone can meaningfully contribute to our success. We are proud to be an equal opportunity employer, and we do not discriminate in employment on any basis that is prohibited by federal, state or local laws.
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at Global Atlantic Financial Group 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. POSITION SUMMARY: Global Atlantic’s Corporate Actuarial Team is seeking an Associate to join the team in the Boston, MA location. RESPONSIBILITIES: Participate in quarterly Cash Flow Testing for the company’s onshore life and annuity business and ensure the timely and accurate preparation, validation, and delivery of Cash Flow Testing results. Develop, update, and maintain controls for Cash Flow Testing process. Work closely with modeling team to implement model changes that reflect new regulatory requirement or business need into Cash Flow Testing models. Collaborate with modeling team on model and assumption changes; Validate and perform reasonableness review of CFT impacts. Work with valuation actuaries to understand statutory reserves and liability assumptions. Perform independent review of liability inputs and outputs. Execute on timely production of asset in-force file and related controls around asset listing and projections. Participate in year-end statutory filings, help construct actuarial memorandums and other regulatory submissions. Support the Appointed Actuary and other actuarial leadership in evaluating and determining actuarial accounting policy and methodology for new and existing products as directed and appropriate. Support internal and external audit functions. QUALIFICATIONS: Education and experience equivalent to a four-year college degree in actuarial science, mathematics, statistics, finance, or other related field is required. FSA with more than four years of experience in the life/annuity insurance industry. Direct experience with Statutory valuation and actuarial modeling. Proficient in Python and hands-on experience with large data set is a plus. Strong problem-solving and analytical skills. Ownership, adaptive and self-motivated. 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. The base salary range for this role is $91,500 — $174,600 USD. Global Atlantic is committed to creating an inclusive environment where everyone can meaningfully contribute to our success. We are proud to be an equal opportunity employer, and we do not discriminate in employment on any basis that is prohibited by federal, state or local laws.
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