Global Atlantic Financial Group
Actuarial Associate, Insurance Liability Modeling
Global Atlantic Financial Group, New York, New York, us, 10261
Actuarial Associate, Insurance Liability Modeling
New York, NY - 30HY 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). The Actuarial Associate, Insurance Risk Modelling is instrumental in developing insurance liability models used in pricing, valuation, hedging and ALM. Responsibilities: Develop insurance liability models in GA Risk’s liability modelling platform. Communicate findings and implications to Risk’s management team and other stakeholders Help onboard various Institutional transactions onto our Risk platform. Perform liability stresses under different lenses (GAAP/Stat/Econ/Bermuda) and understand both actuarial and market risks. Support new product launches and ensure the risk models are up to date with regular rate changes, new product features. Perform validation and control reviews of actuarial/financial models, including assessments of the methodologies and assumptions used within models. Assist in the development and use of quantitative models and analytical tools that enable the Risk function to provide constructive challenge to the current risk management, modeling, and pricing practices. Qualifications: 5+ years in a diversified life and annuity/financial or actuarial consulting firm. Professional designation in financial risk management, such as FSA/ASA or CFA preferred. 5+ years of experience in insurance models with proven track records of modelling complicated insurance products. Knowledge of insurance products (both life and annuities) preferred. Previous experience in hedging or ALM preferred. Python programming skills are highly desired. Strong verbal and written communication skills, especially when articulating technical concepts in a compelling manner to engage both technical and non-technical audiences. This role is not eligible for visasponsorship now or in the future. 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 $140,000 — $155,000 USD 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. Apply for this job
* indicates a required field First Name * Last Name * Email * Phone * Location (City) * Resume/CV * Enter manually Accepted file types: pdf, doc, docx, txt, rtf Enter manually Accepted file types: pdf, doc, docx, txt, rtf LinkedIn Profile How did you hear about this job? (if you were referred, please indicate the name of your referrer) * If you replied yes to the question above, please explain. * Are you presently authorized to work for our company? * Select... What is your full address? * Example: 32 Longview Lane West Hartford, CT 06107 Have you worked for any company or third-party provider where you worked on matters involving Global Atlantic Financial Group or KKR in the last 24 months, to include, your current and/or previous employers? * Select... If YES, what company were you working at while involved with a Global Atlantic or KKR account? * Have you applied for a full time or contract position with Global Atlantic within the past 6 months? * Select... What is your desired salary (break out bonus and base)? * What is your current Company Name or if you are not working, the name of your last Company where you were employed? * What is your current Job Title? If you are not working, what was your Job Title in your last role? * Do you have a family member that works or has worked for Global Atlantic or KKR? * Select... If Yes, please provide the name of the current or former GA or KKR employee and the nature of your relationship with the individual(s). * Will you require our company to sponsor you to obtain, maintain, or extend current or future U.S. Employment/ Work Authorization? (Please note, this may refer to, but may not be limited to an F-1 CPT/ F-1 OPT/ STEM OPT status, H1B Visa Petition, O1 Visa Petition, E-3 Petition, J-1 status, TN status, H-1B1 status and 'job flexibility benefits' including I-140 portability or adjustment of status portability for long-delayed adjustment of status applications that have been pending for at least 180 days or longer.) * Select... Are you legally authorized to work in the United States? * Select...
#J-18808-Ljbffr
New York, NY - 30HY 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). The Actuarial Associate, Insurance Risk Modelling is instrumental in developing insurance liability models used in pricing, valuation, hedging and ALM. Responsibilities: Develop insurance liability models in GA Risk’s liability modelling platform. Communicate findings and implications to Risk’s management team and other stakeholders Help onboard various Institutional transactions onto our Risk platform. Perform liability stresses under different lenses (GAAP/Stat/Econ/Bermuda) and understand both actuarial and market risks. Support new product launches and ensure the risk models are up to date with regular rate changes, new product features. Perform validation and control reviews of actuarial/financial models, including assessments of the methodologies and assumptions used within models. Assist in the development and use of quantitative models and analytical tools that enable the Risk function to provide constructive challenge to the current risk management, modeling, and pricing practices. Qualifications: 5+ years in a diversified life and annuity/financial or actuarial consulting firm. Professional designation in financial risk management, such as FSA/ASA or CFA preferred. 5+ years of experience in insurance models with proven track records of modelling complicated insurance products. Knowledge of insurance products (both life and annuities) preferred. Previous experience in hedging or ALM preferred. Python programming skills are highly desired. Strong verbal and written communication skills, especially when articulating technical concepts in a compelling manner to engage both technical and non-technical audiences. This role is not eligible for visasponsorship now or in the future. 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 $140,000 — $155,000 USD 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. Apply for this job
* indicates a required field First Name * Last Name * Email * Phone * Location (City) * Resume/CV * Enter manually Accepted file types: pdf, doc, docx, txt, rtf Enter manually Accepted file types: pdf, doc, docx, txt, rtf LinkedIn Profile How did you hear about this job? (if you were referred, please indicate the name of your referrer) * If you replied yes to the question above, please explain. * Are you presently authorized to work for our company? * Select... What is your full address? * Example: 32 Longview Lane West Hartford, CT 06107 Have you worked for any company or third-party provider where you worked on matters involving Global Atlantic Financial Group or KKR in the last 24 months, to include, your current and/or previous employers? * Select... If YES, what company were you working at while involved with a Global Atlantic or KKR account? * Have you applied for a full time or contract position with Global Atlantic within the past 6 months? * Select... What is your desired salary (break out bonus and base)? * What is your current Company Name or if you are not working, the name of your last Company where you were employed? * What is your current Job Title? If you are not working, what was your Job Title in your last role? * Do you have a family member that works or has worked for Global Atlantic or KKR? * Select... If Yes, please provide the name of the current or former GA or KKR employee and the nature of your relationship with the individual(s). * Will you require our company to sponsor you to obtain, maintain, or extend current or future U.S. Employment/ Work Authorization? (Please note, this may refer to, but may not be limited to an F-1 CPT/ F-1 OPT/ STEM OPT status, H1B Visa Petition, O1 Visa Petition, E-3 Petition, J-1 status, TN status, H-1B1 status and 'job flexibility benefits' including I-140 portability or adjustment of status portability for long-delayed adjustment of status applications that have been pending for at least 180 days or longer.) * Select... Are you legally authorized to work in the United States? * Select...
#J-18808-Ljbffr