Actuarial Associate (Valuation)

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:

This position will support the valuation and financial reporting of the Fixed Annuities blocks. The candidate will work with the valuation team in both the reporting and analysis/review of the business. This is a Senior Analyst or Associate level position based on prior experience. Ideally located in Boston, MA office but open to Hartford, CT office as well.

RESPONSIBILITIES:

• 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:

• FSA or career ASA with 10 years of experience.
• 5+ years of actuarial experience preferably with annuities.
• Knowledge of annuity US Statutory and GAAP valuation is helpful.
• 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.

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 to 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 $84,500—$160,800 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 is reflective of 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.