Associate, Actuarial - Cash Flow Testing

Overview

Associate, Actuarial - Cash Flow Testing

Join to apply for the Associate, Actuarial - Cash Flow Testing role at Global Atlantic
.

Global Atlantic’s Corporate Actuarial Team is seeking an Associate to join the team in the Boston, MA location.

• Participate in quarterly Cash Flow Testing for the company’s onshore life and annuity business and ensure the timely and accurate preparation, validation, and delivery of Cash Flow Testing results.
• Develop, update, and maintain controls for Cash Flow Testing process.
• Work closely with modeling team to implement model changes that reflect new regulatory requirement or business need into Cash Flow Testing models.
• Collaborate with modeling team on model and assumption changes;
  Validate and perform reasonableness review of CFT impacts.
• Work with valuation actuaries to understand statutory reserves and liability assumptions. Perform independent review of liability inputs and outputs.
• Execute on timely production of asset in-force file and related controls around asset listing and projections.
• Participate in year-end statutory filings, help construct actuarial memorandums and other regulatory submissions.
• Support the Appointed Actuary and other actuarial leadership in evaluating and determining actuarial accounting policy and methodology for new and existing products as directed and appropriate.
• Support internal and external audit functions.

• Education and experience equivalent to a four-year college degree in actuarial science, mathematics, statistics, finance, or other related field is required.
• FSA with more than four years of experience in the life/annuity insurance industry.
• Direct experience with Statutory valuation and actuarial modeling.
• Proficient in Python and hands-on experience with large data set is a plus.
• Strong problem-solving and analytical skills.
• Ownership, adaptive and self-motivated.

Base salary range is $91,500—$174,600 USD
. The base salary range posted below is inclusive of the lowest cost of living geography to the highest in which Global Atlantic has offices. Base pay is one component of total compensation, which may include bonuses, incentives, and benefits. Actual compensation will be based on geographic location, experience, education, licensure requirements, and skill level, and may be outside the stated range for more senior roles.

Global Atlantic’s base salary range is determined through an analysis of similar positions in the external labor market. 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. Compensation details may vary by location.

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Our employees are in the office 5 days per week in New York and 4 days per week in all other offices.

• Location:
  
  Boston, MA
• Employment type:
  
  Full-time

• Mid-Senior level

• Finance and Sales

• Insurance