Senior Actuarial Modeling Analyst

Company: Global Atlantic Financial Group
Location: Boston
Posted on: April 1, 2025

Job Description:

Global Atlantic Financial Group is a leading insurance company meeting the retirement and life insurance needs of individuals and institutions. With a strong financial foundation and risk and investment management expertise, the company delivers tailored solutions to create more secure financial futures. The company's performance has been driven by its culture and core values focused on integrity, teamwork, and the importance of building long-term client relationships. Global Atlantic is a wholly-owned subsidiary of KKR, a leading global investment firm. Through its relationship, the company leverages KKR's investment capabilities, scale and access to capital markets to enhance the value it offers clients.POSITION SUMMARY:The Senior Analyst will join the Actuarial Modeling team at Global Atlantic's Boston, MA office. The role will be responsible for building actuarial models for retail annuity products and newly acquired institutional blocks, on our new state-of-the-art Milliman Integrate Actuarial platform. These models will be used to support GAAP, US and Bermuda Statutory reporting, cash-flow testing, and other analysis.RESPONSIBILITIES:

• Develop and maintain testing tools for new models for retail FA and VA.
• Support assumption updates and impact quantification.
• Support model production team in producing quarterly/monthly valuation results.
• Follow and employ model development best practices, including:
• Change management testing and governance.
• Documentation.
• Adherence to SOX and Risk Management policies.
• Support internal and external auditing activities as well as regulatory exams and inquiries, as needed.QUALIFICATIONS:
  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, or other related fields.
  • ASA or near ASA with 2+ years of experience in the life and annuity insurance industry.
  • Experience with MG ALFA or other Actuarial Projection Software preferred.
  • Strong communication, technical and analytical skills.
  • Strong controls mindset, including documentation and change management best practices.
  • Self-starter and quick learner, being able to solve complex issues independently and in collaborative team settings.
  • US GAAP valuation experience preferred.
  • Programming language such as Python or SQL a plus.
  • Ability to excel in a dynamic and fast-paced environment.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.The base salary range for this role is $60,000 - $114,600 USD.Global Atlantic is committed to creating an inclusive environment where everyone can meaningfully contribute to our success. We are proud to be an equal opportunity employer, and we do not discriminate in employment on any basis that is prohibited by federal, state or local laws. More than that, we strive to be inclusive of all backgrounds and experiences, which we feel gives us a competitive advantage in the market and within our firm. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, age, or veteran status.
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Keywords: Global Atlantic Financial Group, Boston , Senior Actuarial Modeling Analyst, Professions , Boston, Massachusetts