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. Through its relationship, the company leverages KKR's investment capabilities, scale and access to capital markets to enhance the value it offers clients. KKR's parent company is KKR & Co. Inc. (NYSE: KKR).
Watch the Global Atlantic & KKR Partnership Story
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POSITION SUMMARY:
Global Atlantic’s Actuarial Valuation Team is seeking a Valuation Actuary to join the team and support Corporate Actuarial functions.
RESPONSIBILITIES:
- Timely preparation of complete and accurate life actuarial values required for Statutory, Tax and GAAP financial reporting.
- Enhancing automated processes to value product liabilities in compliance with all applicable regulatory, industry and professional standards.
- Establishing the infrastructure needed to meet the time sensitive demands of periodic financial reporting set forth by management or external customers.
- Supporting and providing leadership to the development and maintenance of appropriate valuation and policy exhibit systems with a strong focus on efficiency, consistency and flexibility in line with product segments.
- Keeping abreast of the regulatory and legislative environment related to life valuation and financial reporting issues.
- Provide support to internal/external auditors, insurance departments and Finance on all life related requests and maintaining documentation for audit trail.
- This role will potentially manage one Actuarial staff.
QUALIFICATIONS:
- Education and experience equivalent to a four-year college degree in actuarial science, mathematics, statistics, finance, or other related field is required.
- 5+ years of experience in the life/annuity insurance industry is required.
- Understanding of Statutory valuation and US GAAP frameworks is required.
- Knowledge of individual life products required.
- Experience with actuarial valuation / projection software is required.
- Associate of Society of Actuaries (ASA) is a plus.
- Experience with SAS or other programming is a plus.
- Demonstrated high competency to solve complex calculations and understand technical written material.
- Strong communication, technical and analytical skills.
- Ownership - Takes personal accountability for the execution of goals and objectives.
- Innovative - Able to participate in the generation of new and unique ideas.
- Teamwork - Positive attitude necessary to be part of a strong performing team.
“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.”
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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 Atlanta, Batesville, Bermuda, Boston, Des Moines, Hartford, Indianapolis, and New York City. The base salary range posted below is inclusive of the lowest cost of living geography to the highest in which we have a Global Atlantic office.
Global Atlantic’s base salary range is determined through an analysis of similar positions in the external labor market. Base pay is just one component of Global Atlantic’s total compensation package for employees and at times we hire outside the boundaries of the salary range. Other rewards may include 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), and sales incentives. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Compensation for our more senior positions have a larger component of short-term cash bonus and long-term incentives.
The base salary range for this role is
$60,000—$114,600 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 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. Learn more about our 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. Learn about our Benefits offerings.
Employees who require an accommodation to perform the essential functions of their job will participate in an interactive process which may include providing documentation. If you require an accommodation during the hiring process or after you are hired for any protected status under the ADA, please email [email protected].
Discover more about Global Atlantic below:
2023 Corporate Responsibility Report
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Our employees are in the office 4 - 5 days per week in Hudson Yards, NY and 3 - 4 days per week in all other offices. If you have questions on this policy or the application process, please reach out to [email protected]
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.
Top Skills
What We Do
Global Atlantic Financial Group, through its subsidiaries, offers a broad range of retirement, life and reinsurance products designed to help our customers address financial challenges with confidence. A variety of options help Americans customize a strategy to fulfill their protection, accumulation, income, wealth transfer and end-of-life needs. In addition, Global Atlantic offers custom solutions and responsive service for the capital, risk and legacy-business management of life and annuity insurance companies around the world.
