What are the responsibilities and job description for the Actuarial Modeling Analyst position at Global Atlantic Financial Group - Actuarial Opportunities?
POSITION SUMMARY:
The position is on the Actuarial Modeling team at Global Atlantic’s Boston office. While Boston is the preferred location, other Global Atlantic office locations may be considered for the right candidate.
RESPONSIBILITIES:
- Onboard new deals and maintain existing ones in the MG-ALFA GAAP Cohort Model (GCM), ensuring compliance with the latest GAAP standards.
- Develop, test and implement changes in Integrate (Milliman’s cloud-based modeling platform) to create a seamless end-to-end financial reporting process for both new and existing deals.
- Troubleshoot and resolve issues that arise in Integrate during the Production cycle.
- Prepare model change analysis, regression testing, impact quantification, and documentation.
- Support valuation for US GAAP, US Statutory, US asset adequacy analysis, and Bermuda EBS.
- Partner with cross-functional teams, including Finance, Risk and IT, to ensure the smooth integration of actuarial models within broader enterprise systems.
- Provide secondary support in building and validation of actuarial models for new PRT deals.
- Maintain and enhance the MG-ALFA model for existing PRT and Fixed Annuity deals to ensure alignment with assumption updates and other requirements.
QUALIFICATIONS:
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or other related fields.
- Passed 2 Actuarial Exams.
- 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.
- Strong controls mindset, including documentation and change management best practices
- 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.
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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