AVP, Quantitative Risk

COMPANY OVERVIEW

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. KKR's parent company is KKR & Co. Inc. (NYSE: KKR).

Watch the Global Atlantic & KKR Partnership Story

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Global Atlantic Financial Group has an opening to lead a broad range of Quantitative Risk functions with a focus on capital markets hedging in a Python-based environment. This is an exciting opportunity to be one of the architects of the Edge risk system. An ideal candidate will combine a strong background in quantitative analytics with some prior understanding of insurance products and experience managing a team of quants. This is a highly collaborative position, which will require strong communication skills across many different areas of Risk as well as Investments, Actuarial and Finance. 

 

Responsibilities: 

• Maintain and enhance GA’s proprietary Python-based Edge risk ecosystem, which includes GA’s highly effective hedging program, scenario generation and automated risk reporting 
• Drive the risk management of hedging strategies for new liability products and new reinsurance blocks 
• Enhance current models, along with corresponding controls and documentation, according to the GA standards 
• Interface with upstream IT, Asset Allocation and Risk Modeling teams to monitor data cleanliness and completeness, building a robust system of detection, correction and control to ensure accuracy of Risk Quant reports 
• Build a scalable, automated attribution process that determines the optimal allocation of assets within an aggregated general account to individual liability products, according to configurable constraints and objective functions 
• Represent the Risk Quant team at internal working groups and committees on relevant topics 
• Act as a subject matter expert on the methodologies and processes employed by Risk Quant with respect to SOX / auditor requests 

Qualifications: 

• Bachelor’s Degree required in Computer Science, Statistics, Mathematics or similar field 
• Advanced Degree or minimum 5 years relative experience in Finance, Insurance, or related field 
• Minimum 3 years of hands-on experience with Python, developing and maintaining large, object-oriented code bases 
• Prior insurance liability modeling or capital markets hedging experience preferred 
• Prior experience managing a team of quantitative analysts and/or developers preferred 
• Exceptional analytical capabilities and ability to explain complicated technical issues in a clear fashion 
• Excellent communication skills and ability to work with people of varying backgrounds 

#LI-KS1

 

Various jurisdictions have passed pay transparency laws that require companies provide salary ranges for any positions for which they are accepting applications. Global Atlantic has offices in Atlanta, Batesville, Bermuda, Boston, Des Moines, Hartford, Indianapolis, and New York City. The base salary range posted below is inclusive of the lowest cost of living geography to the highest in which we have a Global Atlantic office. 

Global Atlantic’s base salary range is determined through an analysis of similar positions in the external labor market. Base pay is just one component of Global Atlantic’s total compensation package for employees and at times we hire outside the boundaries of the salary range. Other rewards may include 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), and sales incentives.  Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Compensation for our more senior positions have a larger component of short-term cash bonus and long-term incentives. 

The base salary range for this role is $185,000 — $200,000 USD plus annual bonus plan

 

TOTAL REWARDS STATEMENT 

Global Atlantic’s employees thrive in a fast-paced, high-performing culture with strong benefit options and wellbeing resources that support innovation, accountability and stewardship. At Global Atlantic, being an employer of choice means we are committed to offering employees a customizable and comprehensive benefits package. Global Atlantic’s total rewards package is reflective of our corporate values, particularly diversity, excellence and innovation, with a focus on inclusion, pay equity, and flexibility. We strive to foster a culture of total well-being through community outreach and charitable giving programs. Learn more about our Charitable Giving Programs.

Our highly competitive health, retirement, life and disability plans can be tailored to best suit your needs and those of your whole family. Global Atlantic was proudly named: Best in Perks & Benefits, Best Company Work-Life Balance, Best Company Happiness and Best Company Compensation. Learn about our Benefits offerings.

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. Find out more about GA’s commitment to creating a culture of belonging: DE&I and Strategic Pillars.

Employees who require an accommodation to perform the essential functions of their job will participate in an interactive process which may include providing documentation. If you require an accommodation during the hiring process or after you are hired for any protected status under the ADA, please email benefits@gafg.com.

Discover more about Global Atlantic below:

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Our employees are in the office 4 - 5 days per week in Hudson Yards, NY and 3 - 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.