Senior Actuarial Analyst - CFT

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).

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.

QUALIFICATIONS

• 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.

ADDITIONAL INFORMATION

• 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.

“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.”  

#LI-CA1

 

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$60,000—$114,500 USD

Privacy Statement

Our employees are in the office 5 days per week in Hudson Yards, NY 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.