Appointed Actuary

Company: Global Atlantic Financial Group
Location: Boston
Posted on: March 20, 2023

Job Description:

All offices are currently open, and our employees are back 4 or 5 days a week in Hudson Yards, NY and 3 days a week in all other offices. If you have questions on this policy or the application process, please contact recruiting@gafg.com .COMPANY OVERVIEWGlobal Atlantic Financial Group is a leader in the U.S. life insurance and annuity industry, serving the needs of individuals and institutions. Global Atlantic is a majority-owned subsidiary of KKR, a leading global investment firm that offers alternative asset management across multiple strategies and capital markets solutions.

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. -Position Overview: -Reporting to the Chief Actuary of Global Atlantic, the Appointed Actuary will be a senior and trusted leader of the Actuarial group.Key Responsibilities:

• Provide the Actuarial Reserve Opinion for most of Global Atlantic's US Life companies
• Manage cash-flow testing processes on both an annual and quarterly basis
• Coordinate activities with other senior actuaries (e.g., Heads of Valuation and Modeling) as well as leaders within Risk, Investments, Finance, and other departments
• Interact with Regulators, Auditors, and Reinsurance Clients as necessary
• Support audit and regulatory requests
• Manage a small team of staff initially with plans to increase staff leadership responsibilities over time
• Expectations are that the candidate will quickly get up to speed on Global Atlantic's business, products, structure, processes, etc., and then transition the work (and knowledge) from the current Appointed Actuary who will remain at the Company in another roleQualifications
  • FSA, MAAA
  • Bachelor's degree required, concentration in Actuarial Science, Mathematics or Finance preferred
  • 15+ years of experience in the insurance industry
  • Deep knowledge of Life and Annuity products
  • Strong understanding of US Statutory regulations and requirements
  • Prior Appointed Actuary experience a plus
  • Reports to the Chief Actuary
  • Impactful communicator at all levels of the business
  • Experience leading a team and collaborating with othersGlobal Atlantic's -base salary range -is determined through an analysis of similar positions in the external labor market. The annual base salary range provided in this posting for this position is a nationwide market range and represents a broad range of salaries for this role across the country. 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 $153,000 to $300,000.#LI-DE1#LI-Hybrid 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 your personal and professional growth and well-being through programs such as educational assistance, virtual physical therapy, remote/onsite fitness reimbursement, a medical second opinion program, pet insurance, military leave, parental leave, adoption assistance, fertility and family planning coverage. We strive to foster a culture of total well-being through community outreach and charitable giving programs. We are active in our communities-
    • New York: Red Hook Conservancy, Girls Who Invest and The Bowery Mission
    • Boston: Cradles to Crayons, Project Bread, Let's Get Ready, Rise Against Hunger, Salvation Army and many other local volunteer organizations in around the Boston area
    • Hartford: -Habitat for Humanity, Foodshare, Humane Society, Hands on Hartford, Mercy Shelter and Dog Star Rescue
    • Indianapolis: Elevate Indianapolis, Gleaners Food Bank and the Juvenile Diabetes Research Foundation
    • Batesville: American Cancer Society Relay for Life, Angels of Giving, Margaret Mary Health Foundation, Ripley County Community Foundation, Safe Passage, Batesville High School Sponsorships, local area youth sports and food pantries, as well as many others
    • Des Moines: United Way, Central Iowa Shelter & Services, Junior Achievement of Central Iowa and Make a Wish Foundation
    • Berwyn: Food drive and will be planning an event to help a local family over the holidays
    • Atlanta: Packaged Good Organization, which helps the most vulnerable community members with providing personalized care packages for people in need including the elderly, our armed forces, the homeless and hospitalized kids
    • Bermuda: Sponsor of a weekly feeding program operated by The Hamilton Seventh-Day Adventist ChurchSocial 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. How did you hear about this job? (if you were referred, please indicate the name of your referrer) Are you legally authorized to work in the United States? Will you now or in the future require sponsorship for employment visa status? What is your desired salary (break out bonus and base)? What is your full address? Example: -32 Longview LaneWest Hartford, CT 06107 Have you worked for any company or third-party provider where you worked on matters involving Global Atlantic Financial Group or KKR in the last 24 months, to include, your current and/or previous employers? If YES, what company were you working at while involved with a Global Atlantic or KKR account? Have you applied for a full time or contract position with Global Atlantic within the past 6 months? Voluntary Inclusion Questions We encourage qualified applicants from all backgrounds to apply. As such, we are committed to achieving a diverse candidate pool for open positions and that our interview teams are made up of employees from different backgrounds. Sharing your background with us will help us with that focus, although recruiters and hiring managers will not have the ability to see individual responses (only aggregate information). This information is not used to determine who is selected for interviews or will be hired, but is helpful in identifying resources, sites and groups which add value in increasing our applicant pool and ensures that we attract the best and most diverse workforce. This is purely voluntary but will help our mission to be inclusive. Which category below best describes you (please select only one): Black or African American Asian Hispanic Or Latino Native Hawaiian or Other Pacific Islander Non-Hispanic White or Caucasian Two or More Races (Not Hispanic or Latino) American Indian or Alaska Native I don't wish to answer How do you currently describe your gender identity? (please select only one) Male Female Non-Binary/Third Gender I don't wish to answer Have you been diagnosed with any disability or impairment? (please select only one) Yes No I don't wish to answer Do you identify as a veteran or as being or having been a member of the military? (please select only one) Yes No I don't wish to answer Do you consider yourself a member of the Lesbian, Gay, Bisexual, Trans or Queer (LGBTQ+) community? (please select only one) Yes No I don't wish to answer Which of the following best describes your education status? (please select the one option that fits you best) College graduate First-generation college graduate In the process of completing my college degree

Keywords: Global Atlantic Financial Group, Boston , Appointed Actuary, Accounting, Auditing , Boston, Massachusetts