Analyst, Actuarial Modeling
Job description
Global Atlantic offers a highly competitive and enriching summer internship experience. Our internship program starts on Monday, June 5th and concludes on Friday, August 11th. This is a 10 week program. Our internship program is hybrid (3 days in the office, 2 days remotely) and front office positions in NY are 4 days in the office.
COMPANY OVERVIEW
Global Atlantic Financial Group is a leader in the U.S. life insurance and annuity industry, serving the needs of individuals and institutions. With differentiated investment and risk management capabilities, deep client relationships, and a strong financial foundation, the company has established a track record of delivering proven, value-added solutions and long-term growth. Global Atlantic is a majority-owned subsidiary of KKR, a leading global investment firm that offers asset management and capital markets solutions across multiple strategies.
Global Atlantic is looking for a diverse team of talented individuals who reinforce our culture of collaboration and innovation. We are dedicated to the career development of our people because we know they are critical to our long-term success. Join our team and come grow with us.
We use Greenhouse as our scheduling tool and communicate through their systems. At times, your email may block our communications. Please be sure to check your SPAM so that you do not miss critical information about our process, including scheduling.
Analyst, Actuarial Modeling (Bermuda)
Global Atlantic is one of the fastest growing companies in the Life and Annuity industry. We are focused on the U.S. retirement and life insurance markets with a broad range of annuities and life insurance options, as well as reinsurance solutions. Our success is driven by competitive, innovative product designs, leading investment management and integrated risk management, along with highly experienced leadership.
Global Atlantic is looking for a diverse team of talented individuals who reinforce their culture of collaboration and innovation. We are dedicated to the career development of their people because they know they are critical to their long-term success.
In February 2021, KKR & Co. acquired a majority stake in Global Atlantic in a strategic transaction.
The Analyst, Actuarial Modeling (Bermuda) will report to the Vice President Modeling (Bermuda). The actuary will be focused on two broad areas:
- Assist with projects to build actuarial models for new reinsurance agreements
- Assist with updating and maintaining models related to existing reinsurance agreements
- Support of scheduled and ad hoc modeling projects in support of existing reinsurance agreements for the Bermuda Actuarial Team
Key Duties and Responsibilities:
- Actuarial Student: Participant in Global Atlantic's Actuarial Student Program
- Bachelor's Degree in a quantitative discipline - Actuarial Science, Statistics, Mathematics, Computer Science or similar field
- Actuarial modeling experience preferred
- Experience in the life and annuity insurance sector preferred
- Experience with Life and Annuity, US GAAP and US STAT valuation, preferred
- Experience with MG-ALFA actuarial modeling software, preferred
- Exceptional analytical abilities
- Ability to work independently and manage junior staff
- Ability to excel in a dynamic, exciting and fast-paced environment
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 $47,628 to $90,720.
#LI-AM1
TOTAL REWARDS STATEMENT
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 are proud to support you during your internship with a 401k match program with immediate vesting (with the exception of Bermuda), competitive compensation, and a stipend to support your experience.
Over the 10 weeks you will be immersed in an inclusive environment with opportunities to participate in:
- Days of Inclusion
- DE&I Challenge
- National Intern Day Celebration
- Weekly Business Overviews and fireside chats with leaders
- Social events
- and more!
Social platforms provide an environment to collaborate with others and participate in friendly competitions towards achieving physical, emotional and financial well-being. 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 is committed to creating an inclusive environment where everyone can meaningfully contribute to our success. We are proud to be an equal opportunity employer and we do not discriminate in employment on any basis that is prohibited by federal, state or local laws. More than that, we strive to be inclusive of all backgrounds and experiences, which we feel gives us a competitive advantage in the market and within our firm. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, age, or veteran status.
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 are hired and require an accommodation for any protected status, please email benefits@gafg.com.
Please click on the links below to learn more about Global Atlantic.
Here is our ESG report. We are so proud!
Global Atlantic Financial Company Employee Candidate Privacy Notice
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