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Full-Time

Actuarial Modeling Senior Analyst

Confirmed live in the last 24 hours

Global Atlantic

Global Atlantic

1,001-5,000 employees

Provides capital and risk management solutions

Fintech
Financial Services

Compensation Overview

$74k - $141kAnnually

+ Bonus + Equity + Benefits

Junior, Mid

Boston, MA, USA

Category
Insurance
Finance & Banking
Required Skills
Communications
Requirements
  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or other related fields.
  • Near ASA with 2+ years of experience in the life/annuity insurance industry.
  • Direct experience with MG-ALFA or other actuarial modeling software is preferred.
  • Self-starter and quick learner, being able to solve complex issues independently and in collaborative team settings.
  • Strong communication, problem-solving, technical and analytical skills.
  • Results-oriented, with ability to execute multiple high-priority items simultaneously.
  • Ambition and desire to succeed by delivering quality and effective results.
  • Ability to excel in a dynamic and fast-paced environment.
Responsibilities
  • Lead projects to build actuarial models in MG-ALFA for new reinsurance agreements
  • Maintain and enhance MG-ALFA model for existing reinsurance transactions such as annuity block/flow and disability insurance.
  • Prepare model change analysis, regression testing, impact quantification, and documentation.
  • Support valuation for US GAAP, US Statutory, US asset adequacy analysis, and Bermuda EBS

Global Atlantic Financial Group specializes in providing capital and risk management solutions for retirement and life insurance companies. They offer products like annuities, which provide a steady income stream for retirees, and focus on building long-term partnerships with clients to understand their unique financial goals. Unlike competitors, Global Atlantic emphasizes a client-centric approach, tailoring solutions to meet specific needs. Their goal is to foster a purpose-driven culture that values integrity and invests in their people and communities.

Company Stage

Private

Total Funding

$1B

Headquarters

New York City, New York

Founded

2004

Simplify Jobs

Simplify's Take

What believers are saying

  • The 10-year partnership with Service Corporation International positions Global Atlantic as a leader in the preneed insurance market.
  • Expansion plans across multiple offices indicate robust business growth and job creation opportunities.
  • Sponsorship of initiatives like Fintech Sandbox showcases Global Atlantic's commitment to innovation and support for fintech startups.

What critics are saying

  • The financial services sector is highly competitive, requiring continuous innovation to maintain market position.
  • Dependence on partnerships, such as with Service Corporation International, could pose risks if these relationships falter.

What makes Global Atlantic unique

  • Global Atlantic's focus on both in-force and new business needs sets it apart from competitors who may only specialize in one area.
  • Their client-centric approach ensures tailored solutions, which is a significant advantage in the highly personalized financial services sector.
  • The company's strong emphasis on integrity and community investment enhances its reputation and client trust, distinguishing it from less community-focused competitors.