What are the responsibilities and job description for the Actuarial Associate, Valuation position at Global Atlantic Financial Group - Actuarial Opportunities?
POSITION SUMMARY:
This position will support the valuation and financial reporting of the Fixed Annuities blocks. The candidate will work with the valuation team in both the reporting and analysis/review of the business. Senior Analyst or Associate level position based on prior experience. Ideally located in Boston, MA office but open to Hartford, CT office as well.
RESPONSIBILITIES:
- Calculating US Statutory, Tax, US GAAP reserves, and other related actuarial balances.
- Providing analysis, including reserve movement and sensitivities, for both Statutory and GAAP balances.
- Analyzing and explaining the sources of earnings of the quarterly financial results.
- Maintaining and improving various controls, including Sarbanes-Oxley (SOX).
- Conducting annual impact testing for potential assumption changes.
- Working with the Modeling team related to any necessary modeling updates.
- Working with IT and data team on valuation system transformation.
- Supporting audit and regulatory requests.
QUALIFICATIONS:
- FSA or career ASA with 10 years of experience.
- 5 years of actuarial experience preferably with annuities.
- Knowledge of annuity US Statutory and GAAP valuation is helpful.
- Strong communication, technical, and analytical skills.
- Takes personal accountability for the execution of goals and objectives.
- Able to participate in the generation of new and unique ideas..
To be considered for this role, applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time.
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