Senior Actuarial Modeling Analyst

Global Atlantic Financial Group • Boston, MA

70d • $60,000 - $125,000

About The Position

The position is on the Actuarial Modeling team at Global Atlantic’s Boston office. While Boston is the preferred location, Des Moines office candidates may also be considered.

Requirements

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or other related fields.
• Near ASA with 2+ years of experience in the life/annuity insurance industry.
• Direct experience with MG-ALFA or other actuarial modeling software is preferred.
• Self-starter and quick learner, being able to solve complex issues independently and in collaborative team settings.
• Strong communication, problem-solving, technical and analytical skills.
• Results-oriented, with ability to execute multiple high-priority items simultaneously.
• Ambition and desire to succeed by delivering quality and effective results.
• Ability to excel in a dynamic and fast-paced environment.

Responsibilities

• Develop actuarial models for annuity products including FA, FIA, VA and Payout annuities.
• Assist with onboarding new deals, new products and new processes, on our state-of-the-art Milliman Integrate Actuarial platform.
• Develop and maintain testing tools for new models and model updates.
• 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, and adherence to SOX and Risk Management policies.
• Support internal and external auditing activities as well as regulatory exams and inquiries, as needed.

Benefits

• 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
• Sales incentives

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees