Full-Time

Associate – Insurance Risk Modeling

Posted on 5/8/2024

Global Atlantic

Global Atlantic

1,001-5,000 employees

Provides life insurance and annuity products

Financial Services

Senior, Expert

New York, NY, USA

Required Skills
Communications
Management
Requirements
  • Bachelor's Degree in a quantitative discipline
  • Master's Degree in a related field preferred
  • 5+ years in a diversified life and annuity/financial or actuarial consulting firm
  • Professional designation in financial risk management, such as FSA/ASA or CFA preferred
  • 5+ years of experience in insurance models with proven track records of modelling complicated insurance products
  • Knowledge of insurance products (both life and annuities) preferred
  • Previous experience in hedging or ALM preferred
  • Strong verbal and written communication skills
Responsibilities
  • Develop insurance liability models in GA Risk’s liability modelling platform
  • Communicate findings and implications to Risk’s management team and other stakeholders
  • Help onboard various Institutional transactions into our Risk platform
  • Perform liability stresses under different lenses (GAAP/Stat/Econ/Bermuda) and understand both actuarial and market risks
  • Support new product launches and ensure the risk models are up to date with regular rate changes, new product features
  • Perform validation and control reviews of actuarial/financial models, including assessments of the methodologies and assumptions used within models
  • Assist in the development and use of quantitative models and analytical tools that enable the Risk function to provide constructive challenge to the current risk management, modeling, and pricing practices

Global Atlantic Financial Group offers a range of life insurance and annuity products designed to help individuals and institutions achieve their financial goals. Their solutions leverage investment and risk management expertise to provide options for retirement planning, income generation, long-term care expenses, and leaving a legacy.

Company Stage

Private

Total Funding

$1B

Headquarters

New York, New York

Founded

2004

Growth & Insights
Headcount

6 month growth

7%

1 year growth

13%

2 year growth

35%