Senior Analyst Actuary, Insurance Risk Modeling
About The Position
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. The Senior Analyst Actuary, Insurance Risk Modeling is instrumental in developing insurance liability models used in pricing, valuation, hedging and ALM.
Requirements
- Bachelor's Degree in a quantitative discipline required.
- 2+ years in a diversified life and annuity/financial or actuarial consulting firm.
- 2+ years of experience in insurance models with proven track records of modelling complicated insurance products.
- Knowledge of insurance products (both life and annuities) preferred.
- Strong verbal and written communication skills, especially when articulating technical concepts in a compelling manner to engage both technical and non-technical audiences.
- This role is not eligible for visa sponsorship now or in the future.
Nice To Haves
- Professional designation in financial risk management, such as FSA/ASA or CFA preferred.
- Previous experience in hedging or ALM preferred.
- Python programming skills are highly desired.
Responsibilities
- Develop insurance liability models in GA Risk’s liability modelling platform.
- Communicate findings and implications to Risk’s management team and other stakeholders
- Help onboard various Institutional transactions onto our Risk platform.
- Perform liability stresses under different lenses (GAAP/Stat/Econ/Bermuda) and understand both actuarial and market risks.
- Support new product launches and ensure the risk models are up to date with regular rate changes, new product features.
- Perform validation and control reviews of actuarial/financial models, including assessments of the methodologies and assumptions used within models.
- Assist in the development and use of quantitative models and analytical tools that enable the Risk function to provide constructive challenge to the current risk management, modeling, and pricing practices.
Benefits
- 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.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
