What are the responsibilities and job description for the Senior Analyst, Actuarial Data Management position at Global Atlantic Financial Group - Actuarial Opportunities?
POSITION SUMMARY:
This Senior Analyst position is in the Corporate Actuarial Department at Global Atlantic’s Boston office, reporting to the Head of Actuarial Data Management. The position offers great opportunities to interact with experienced actuaries across multiple functions (modeling, risk, valuation and pricing) as well as IT and Data professionals with different backgrounds (data onboarding, automation and validation).
RESPONSIBILITIES:
- Define the data required for Actuarial and other models, and make sure that we are receiving that data from our client counterparties, third party administrators (TPAs), and other sources.
- Coordinate with the IT department to ensure that the correct data is captured in our company’s Enterprise Data Hub (EDH).
- Update and maintain the flow of data from EDH to IDM (Integrate Data Management) to our actuarial models (MG-ALFA in Integrate).
- Create/maintain process to ensure that the data feeding the actuarial models are tested and reconciled.
- Support the valuation process by providing interim data preparation support (e.g. manual AIL scripts) as needed.
- Incorporate related data changes into model governance framework and help set up and execute effective controls.
- Identify and implement ways to streamline the flow and reconciliation of actuarial data across the valuation process to maximize efficiency and control.
- Perform other ETL work (e.g. beyond input data management) as required.
- Support internal and external audit activities as well as regulatory exams and inquiries, as needed.
QUALIFICATIONS:
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or other related fields.
- ASA or progress to FSA with 3 years of experience in the life and annuity insurance industry.
- Self-starter and quick learner, being able to solve complex issues independently and in collaborative team settings.
- Strong communication, technical and analytical skills.
- Relational database knowledge is required.
- Strong controls mindset, including documentation and change management best practices.
- Experience with MG ALFA is preferred.
- US GAAP and US Statutory valuation experience is preferred.
- Programming language such as Python or SQL a plus.
- 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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