Associate, Insurance Risk Modeling

Job Description

Global Atlantic Financial Group is seeking an Associate, Insurance Risk Modelling to join their team. The Associate will be instrumental in developing insurance liability models used in pricing, valuation, hedging, and ALM.

The role involves:

• Developing insurance liability models in GA Risk’s liability modelling platform.
• Communicating findings and implications to Risk’s management team and other stakeholders
• Helping onboard various Institutional transactions onto our Risk platform.
• Performing liability stresses under different lenses (GAAP/Stat/Econ/Bermuda) and understand both actuarial and market risks.
• Supporting new product launches and ensure the risk models are up to date with regular rate changes, new product features.
• Performing validation and control reviews of actuarial/financial models, including assessments of the methodologies and assumptions used within models.
• Assisting 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.

The ideal candidate will have:

• Bachelor's Degree in a quantitative discipline required.
• 5+ years in a diversified life and annuity/financial or actuarial consulting firm.
• Professional designation in financial risk management, such as FSA/ASA or CFA preferred.
• 5+ years of experience in insurance models with proven track records of modelling complicated insurance products.
• Knowledge of insurance products (both life and annuities) preferred.
• Previous experience in hedging or ALM preferred.
• Python programming skills are highly desired.
• Strong verbal and written communication skills, especially when articulating technical concepts in a compelling manner to engage both technical and non-technical audiences.

Global Atlantic offers:

• 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)
• Sales incentives