Actuarial Associate, Valuation

Job Description

Global Atlantic Financial Group is seeking an Actuarial Associate to support the valuation and financial reporting of life insurance blocks. The role involves working with the valuation team in the reporting, analysis, and review of the business. This is a Senior Analyst or Associate level position.Responsibilities include:

• Calculating US Statutory, Tax, US GAAP reserves, and other related actuarial balances.
• Providing analysis, including reserve movement and sensitivities, for both Statutory and GAAP balances.
• Analyzing and explaining the sources of earnings of the quarterly financial results.
• Maintaining and improving various controls, including Sarbanes-Oxley (SOX).
• Conducting annual impact testing for potential assumption changes.
• Working with the Modeling team related to any necessary modeling updates.
• Working with IT and data team on valuation system transformation.
• Supporting audit and regulatory requests.

Qualifications include:

• FSA designation with 5+ years of experience or a career ASA with 10+ years.
• 5+ years of actuarial experience, preferably with life insurance products.
• Knowledge of reinsurance structures is a plus.
• Knowledge of life US Statutory and GAAP valuation.
• Experience with actuarial software, especially MG-ALFA, Polysystems, or Triton, is helpful.
• Experience with Python or a similar language is a plus.
• Strong communication, technical, and analytical skills.
• Takes personal accountability for the execution of goals and objectives.
• Able to participate in the generation of new and unique ideas.
• Has positive attitude necessary to be part of a strong performing team.

Global Atlantic offers:

• Base salary range of $79,000 - $150,600 USD.
• 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).