Associate Actuary (CFT)

COMPANY OVERVIEW

Global Atlantic Financial Group is a leading insurance company meeting the retirement and life insurance needs of individuals and institutions. With a strong financial foundation and risk and investment management expertise, the company delivers tailored solutions to create more secure financial futures.

The company's performance has been driven by its culture and core values focused on integrity, teamwork, and the importance of building long-term client relationships. Global Atlantic is a wholly-owned subsidiary of KKR, a leading global investment firm.

POSITION SUMMARY:

Global Atlantic’s Corporate Actuarial Team is seeking an Associate. This role can work out of our Boston, MA, Hartford CT, or Des Moines IA locations.

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 requirements or business needs 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 sets is a plus.
• Strong problem-solving and analytical skills.
• Ownership, adaptive and self-motivated.

To be considered for this role, applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time.

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 multiple locations.

The base salary range for this role is $91,500—$174,600 USD.

TOTAL REWARDS STATEMENT

Global Atlantic’s employees thrive in a fast-paced, high-performing culture with strong benefit options and wellbeing resources that support innovation, accountability, and stewardship.

At Global Atlantic, being an employer of choice means we are committed to offering employees a customizable and comprehensive benefits package. Global Atlantic’s total rewards package reflects our corporate values, particularly diversity, excellence, and innovation, with a focus on inclusion, pay equity, and flexibility.

We strive to foster a culture of total well-being through community outreach and charitable giving programs.

Our highly competitive health, retirement, life, and disability plans can be tailored to best suit your needs and those of your whole family. Global Atlantic was proudly named: Best in Perks & Benefits, Best Company Work-Life Balance, Best Company Happiness, and Best Company Compensation.

Global Atlantic is committed to creating an inclusive environment where everyone can meaningfully contribute to our success. We are proud to be an equal opportunity employer, and we do not discriminate in employment on any basis that is prohibited by federal, state, or local laws.

All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, age, or veteran status.

Employees who require an accommodation to perform the essential functions of their job will participate in an interactive process which may include providing documentation.

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.