AVP, Actuarial Modeling

Careers at KKR•Boston, MA

11h•Hybrid

About The Position

The position is on the Actuarial Modeling team at Global Atlantic’s Boston office. While Boston is the preferred location, other Global Atlantic office locations may be considered such as Des Moines, IA.

Requirements

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, being able to solve complex issues independently and in collaborative team settings
US GAAP valuation experience preferred
Ability to excel in a dynamic and fast-paced environment
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.

Nice To Haves

Programming language such as Python or SQL a plus

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