What are the responsibilities and job description for the Senior Actuarial Analyst - CFT position at Global Atlantic?
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
Global Atlantic’s Corporate Actuarial Team is seeking a senior actuarial analyst to join the team. The senior analyst will be assisting the team to perform Cashflow Testing and supporting analysis, as well as prepare regulatory submissions for the company’s US legal entities. The main goal of this role is to compile key input and output files for Cashflow Testing ALM models and execute controls to ensure completeness and accuracy of both the input and output files.
Responsibilities
This is the expected annual base salary range for this Boston-based position. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.
Global Atlantic EEOC Statement
Global Atlantic is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.
The base salary range for this role
$60,000—$114,600 USD
Privacy Statement
Our employees are in the office 5 days per week in New York and 4 days per week in all other offices. If you have questions on this policy or the application process, please reach out to benefits@gafg.com
Global Atlantic reserves the right to modify the qualifications and requirements for this position to accommodate business needs and regulatory changes. Future adjustments may include obtaining specific licenses or certifications to comply with operational needs and conform to applicable industry-specific regulatory requirements, state and federal laws.
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 senior actuarial analyst to join the team. The senior analyst will be assisting the team to perform Cashflow Testing and supporting analysis, as well as prepare regulatory submissions for the company’s US legal entities. The main goal of this role is to compile key input and output files for Cashflow Testing ALM models and execute controls to ensure completeness and accuracy of both the input and output files.
Responsibilities
- Prepare asset inputs such as CUSIP-level asset projection and asset listing. Execute controls and calculations on key portfolio analytics for reasonableness review, raise questions and investigate issues.
- Perform unit testing and user acceptance testing on ALM model changes.
- Modernize reporting process with data visualization tools such as Tableau or PowerBI.
- Participate in year-end actuarial filings, help construct actuarial memorandums and other regulatory submissions.
- Develop, execute and enhance controls for Cash Flow Testing process. Support internal and external audit functions.
- Complete monthly and quarterly processes such as surrender experience monitor, CFT scenario generation, etc.
- Education and experience equivalent to a four-year college degree in actuarial science, mathematics, statistics, finance, or other related field is required.
- Two or more years of experience in the life/annuity insurance industry is preferred
- Proficient working with large data set. Hands-on experience with data transformation and visualization tools such as Alteryx, Python, Tableau, PowerBI.
- Direct experience with MG ALFA or other actuarial valuation / projection software is a plus.
- Detail oriented and strong organizational skills.
- Strong problem-solving, technical and analytical skills. Self-starter and adaptive.
- Actuarial Role with Student Program Support
- Candidate is expected to make active progress towards ASA or FSA
- The role is not currently expected to manage other individuals.
This is the expected annual base salary range for this Boston-based position. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.
Global Atlantic EEOC Statement
Global Atlantic is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.
The base salary range for this role
$60,000—$114,600 USD
Privacy Statement
Our employees are in the office 5 days per week in New York and 4 days per week in all other offices. If you have questions on this policy or the application process, please reach out to benefits@gafg.com
Global Atlantic reserves the right to modify the qualifications and requirements for this position to accommodate business needs and regulatory changes. Future adjustments may include obtaining specific licenses or certifications to comply with operational needs and conform to applicable industry-specific regulatory requirements, state and federal laws.
Salary : $60,000 - $114,600