AVP, Quantitative Risk at Global Atlantic Financial Group

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.

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

This role is not eligible for visa sponsorship now or in the future.

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

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.

AVP, Quantitative Risk

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