Senior Actuarial Analyst, Valuation

Global Atlantic Financial Group•Brighton, MA

5d•$113,000 - $146,000

About The Position

Global Atlantic Financial Company (a subsidiary of Global Atlantic Financial Group Limited) is seeking a candidate for the position of Senior Actuarial Analyst, Valuation in Brighton, MA. Responsibilities include: Support the valuation and financial reporting of annuity blocks. Work with the valuation team in both the reporting and analysis of the business. Calculate U.S. Statutory, Tax, U.S. General Accepted Accounting Principles (GAAP) reserves, and other related actuarial balances. Provide analysis, including sensitivities, for both statutory and GAAP balances and earnings impact. Maintain and improve various controls, including Sarbanes-Oxley (SOX). Conduct annual impact testing for potential assumption changes. Work with the Modeling team related to any necessary modeling updates. Work with Information Technology (IT) and data team on valuation system transformation. Support Asset Adequacy Analysis. Support audit and regulatory requests. 40 hours/wk; Monday-Friday; 9am-5pm; $113,000 to $146,000per annum

Requirements

Bachelor’s degree (U.S. or foreign equivalent) in Mathematics, Actuarial Science, or a related analytical field, plus two (2) years of experience in an actuarial valuation role.
Two (2) years of experience in the following:
Working in the insurance or pension industry.
Working in an Actuarial Valuation role.
Working with annuity or pension insurance products.
Using Microsoft Office suite (including Excel, Word, Outlook and Teams).
Communicating and coordinating with multiple teams.
Personal accountability for the execution of goals and objectives through completion of tasks timely and accurately.
Participating or generating new and unique ideas such as making procedural changes or creating new procedures in an effective and controlled manner.
Completed the Associate credentials of the Society of Actuaries

Responsibilities

Support the valuation and financial reporting of annuity blocks.
Work with the valuation team in both the reporting and analysis of the business.
Calculate U.S. Statutory, Tax, U.S. General Accepted Accounting Principles (GAAP) reserves, and other related actuarial balances.
Provide analysis, including sensitivities, for both statutory and GAAP balances and earnings impact.
Maintain and improve various controls, including Sarbanes-Oxley (SOX).
Conduct annual impact testing for potential assumption changes.
Work with the Modeling team related to any necessary modeling updates.
Work with Information Technology (IT) and data team on valuation system transformation.
Support Asset Adequacy Analysis.
Support audit and regulatory requests.