Corporate Actuarial Associate

Summary

Global Atlantic Financial Group is seeking an Associate, Actuarial Valuation to join their Corporate Actuarial Team in Boston, MA or Hartford, CT. The role involves participating in quarterly Cash Flow Testing, working with modeling consultants, proposing and implementing model changes, supporting year-end statutory filings, and more. Requirements include a four-year degree in actuarial science, mathematics, statistics, finance or related field, four or more years of experience in the life/annuity insurance industry, direct experience with MG ALFA or other actuarial valuation / projection software, understanding of assets and ALM modeling, strong problem-solving, technical and analytical skills, and ability to work under competing timelines. Benefits include base salary range of $94,500 - $179,500 USD, annual cash bonuses, long-term incentives (equity), generous benefits, and sales incentives.

Requirements

• Education and experience equivalent to a four-year college degree in actuarial science, mathematics, statistics, finance, or other related field is required
• Newer FSA with four or more years of experience in the life/annuity insurance industry is preferred
• Direct experience with MG ALFA or other actuarial valuation / projection software is required

Responsibilities

• Participate in quarterly Cash Flow Testing
• Work closely with modeling consultants to build and enhance quarterly Cash Flow Testing process on the Integrate system
• Build a data visualization function to produce Cash Flow Testing reports for management review and regulatory submissions
• Propose and implement model changes to incorporate ever-changing regulatory requirements or business needs into Cash Flow Testing models
• 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
• Develop, update and maintain controls for Cash Flow Testing process. Support internal and external audit functions

Preferred Qualifications

• Understanding of assets and ALM modeling is preferred
• Experience with database, PowerBI or other data visualization tool is a plus

Benefits

• Base salary range of $94,500 - $179,500 USD
• Annual cash bonuses
• Long-term incentives (equity)
• Generous benefits
• Sales incentives