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Global Atlantic · 5 hours ago

Senior Actuarial Analyst, Valuation

20 Guest Street Brighton, MA

Full-time

Onsite

Mid, Senior Level

$113K/yr - $146K/yr

2+ years exp

Global Atlantic is a leading provider of retirement security and investment solutions. They are seeking a Senior Actuarial Analyst to support the valuation and financial reporting of annuity blocks, work with valuation and modeling teams, and conduct analyses related to statutory and GAAP balances.

Financial ServicesInsuranceLife InsuranceRetirement

Comp. & Benefits

Responsibilities

Support the valuation and financial reporting of annuity blocks

Work with the valuation team in both the reporting and analysis of the business

Calculate U.S. Statutory, Tax, U.S. General Accepted Accounting Principles (GAAP) reserves, and other related actuarial balances

Provide analysis, including sensitivities, for both statutory and GAAP balances and earnings impact

Maintain and improve various controls, including Sarbanes-Oxley (SOX)

Conduct annual impact testing for potential assumption changes

Work with the Modeling team related to any necessary modeling updates

Work with Information Technology (IT) and data team on valuation system transformation

Support Asset Adequacy Analysis

Support audit and regulatory requests

Qualification

Actuarial ValuationAnnuity ProductsMathematicsMicrosoft OfficePersonal AccountabilityIdea GenerationCommunication

Required

Bachelor's degree (U.S. or foreign equivalent) in Mathematics, Actuarial Science, or a related analytical field

Two (2) years of experience in an actuarial valuation role

Two (2) years of experience working in the insurance or pension industry

Two (2) years of experience working in an Actuarial Valuation role

Two (2) years of experience working with annuity or pension insurance products

Two (2) years of experience using Microsoft Office suite (including Excel, Word, Outlook and Teams)

Two (2) years of experience communicating and coordinating with multiple teams

Two (2) years of experience in personal accountability for the execution of goals and objectives through completion of tasks timely and accurately

Two (2) years of experience participating or generating new and unique ideas such as making procedural changes or creating new procedures in an effective and controlled manner

Completed the Associate credentials of the Society of Actuaries