AVP, Actuarial Modeling

 

POSITION OVERVIEW

The position is on the Actuarial Modeling team at Global Atlantic’s Boston office. While Boston is the preferred location, other Global Atlantic office locations may be considered such as Des Moines, IA.

RESPONSIBILITIES: 

• Build actuarial models for newly acquired institutional blocks, on our new state-of-the-art Milliman Integrate Actuarial platform
• Models will be used to support GAAP, US and Bermuda Statutory reporting, cash-flow testing, and other analysis
• Develop and maintain testing tools for new models
• Support assumption updates and impact quantification
• Support model production team in producing quarterly/monthly valuation results
• Follow and employ model development best practices, including:
• Model design
• Change management testing and governance
• Documentation
• Model validation
• Adherence to SOX and Risk Management policies
• Support internal and external auditing activities as well as regulatory exams and inquiries, as needed

QUALIFICATIONS:

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or other related fields
• FSA or established ASA with 10+ years of experience in the life and annuity insurance industry
• Solid experience with MG ALFA or other Actuarial Projection Software required
• Strong communication, technical and analytical skills
• Self-starter and quick learner, being able to solve complex issues independently and in collaborative team settings
• US GAAP valuation experience preferred
• Programming language such as Python or SQL a plus
• Ability to excel in a dynamic and fast-paced environment

This is the expected annual base salary range for this Boston -based position. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.

Base Salary Range $140,000 - $180,000 

“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.”