AVP, Corporate Actuarial

Global Atlantic Financial Group•Boston, MA

6h•Onsite

About The Position

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 Global Atlantic’s Corporate Actuarial Team is seeking a dynamic and collaborative leader to support and enhance our cash flow testing for multiple insurance entities. This role will be a part of a small team responsible for the quarterly execution, analysis, and reporting of Cash Flow Testing and C3P1 capital results. The position will partner closely with Investments, Risk, Finance, Actuarial Modeling, and Technology teams to ensure high-quality production, strong governance, and meaningful management insights. The role is on the Appointed Actuary’s team.

Requirements

Education and experience equivalent to a four-year college degree in actuarial science, mathematics, statistics, finance, or other related field is required.
FSA or near-FSA with 8+ years of experience in the life/annuity insurance industry is preferred.
Understanding of the U.S. Statutory framework and cash flow testing requirements.
Strong analytical and technical skills; experience with Annuities a strong plus.
Ownership mindset, think out-of-the-box 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.

Nice To Haves

Direct experience with MG ALFA or other actuarial valuation / projection software is preferred.
Experience with assets modeling and ALM concepts preferred.
Experience with database, PowerBI or other data visualization tool is a plus.
Demonstrated high competency to solve complex calculations and dive into technical details.
Project management or leadership experience a strong plus.
Strong communication skills and ability to collaborate effectively across teams.

Responsibilities

Support quarterly statutory Cash Flow Testing and C3P1 capital production.
Maintain and enhance end-to-end CFT production process, including data validation, model execution, results review, attribution analysis, and management reporting. Develop and build of new processes as applicable.
Maintain and enhance governance, documentation, and controls related to the CFT process. Develop and build new controls as applicable.
Collaborate with Actuarial Modeling and Production teams to ensure models are maintained, controlled, and enhanced appropriately for CFT and C3P1 use.
Collaborate with Investments and Risk teams to ensure asset assumptions and ALM strategies are appropriately reflected in projections.
Perform review and challenge of model results to ensure accuracy, reasonableness, and regulatory compliance.
Perform preparation of year-end statutory filings related to Cash Flow Testing in accordance with the Actuarial Guidelines, the Valuation Manual, and the Actuarial Standards of Practice.
Support internal and external audit activities and regulatory inquiries.
Contribute to process improvements, automation efforts, and reporting enhancements, including development of data visualization tools.
Present results and insights to actuarial leadership and cross-functional partners.