AVP - Actuarial Modeling
About The Position
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 OVERVIEW 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 open to Des Moines IA, Office.
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
Nice To Haves
- US GAAP valuation experience preferred
- Programming language such as Python or SQL a plus
- Ability to excel in a dynamic and fast-paced environment
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
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
