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 SUMMARY:

Global Atlantic’s Corporate Actuarial Team is seeking an Associate to join the team in the Boston, MA location.

RESPONSIBILITIES:

Participate in quarterly Cash Flow Testing for the company’s onshore life and annuity business and ensure the timely and accurate preparation, validation, and delivery of Cash Flow Testing results.
Develop, update, and maintain controls for Cash Flow Testing process.
Work closely with modeling team to implement model changes that reflect new regulatory requirement or business need into Cash Flow Testing models.
Collaborate with modeling team on model and assumption changes; Validate and perform reasonableness review of CFT impacts.
Work with valuation actuaries to understand statutory reserves and liability assumptions. Perform independent review of liability inputs and outputs.
Execute on timely production of asset in-force file and related controls around asset listing and projections.
Participate in year-end statutory filings, help construct actuarial memorandums and other regulatory submissions.
Support the Appointed Actuary and other actuarial leadership in evaluating and determining actuarial accounting policy and methodology for new and existing products as directed and appropriate.
Support internal and external audit functions

QUALIFICATIONS:

Education and experience equivalent to a four-year college degree in actuarial science, mathematics, statistics, finance, or other related field is required.
FSA with more than four years of experience in the life/annuity insurance industry.
Direct experience with Statutory valuation and actuarial modeling.
Proficient in Python and hands-on experience with large data set is a plus
Strong problem-solving and analytical skills.
Ownership, adaptive and self-motivated.

#LI-KW1

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

$91,500—$174,600 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 [email protected]

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.

Associate, Actuarial - Cash Flow Testing

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