What are the responsibilities and job description for the Senior Analyst - Actuarial Reporting position at Global Atlantic Financial Group - Actuarial Opportunities?
POSITION SUMMARY:
Global Atlantic’s Actuarial Valuation Team is seeking a Valuation Actuary to join the team and support Corporate Actuarial functions.
RESPONSIBILITIES:
- Timely preparation of complete and accurate life actuarial values required for Statutory, Tax and GAAP financial reporting.
- Enhancing automated processes to value product liabilities in compliance with all applicable regulatory, industry and professional standards.
- Establishing the infrastructure needed to meet the time sensitive demands of periodic financial reporting set forth by management or external customers.
- Supporting and providing leadership to the development and maintenance of appropriate valuation and policy exhibit systems with a strong focus on efficiency, consistency and flexibility in line with product segments.
- Keeping abreast of the regulatory and legislative environment related to life valuation and financial reporting issues.
- Provide support to internal/external auditors, insurance departments and Finance on all life related requests and maintaining documentation for audit trail.
- This role will potentially manage one Actuarial staff.
QUALIFICATIONS:
- Education and experience equivalent to a four-year college degree in actuarial science, mathematics, statistics, finance, or other related field is required.
- 5 years of experience in the life/annuity insurance industry is required.
- Understanding of Statutory valuation and US GAAP frameworks is required.
- Knowledge of individual life products required.
- Experience with actuarial valuation / projection software is required.
- Associate of Society of Actuaries (ASA) is a plus.
- Experience with SAS or other programming is a plus.
- Demonstrated high competency to solve complex calculations and understand technical written material.
- Strong communication, technical and analytical skills.
- Ownership - Takes personal accountability for the execution of goals and objectives.
- Innovative - Able to participate in the generation of new and unique ideas.
- Teamwork - Positive attitude necessary to be part of a strong performing team.
“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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