Global Atlantic - Boston, MA

posted 5 months ago

Full-time - Entry Level
Boston, MA

About the position

Global Atlantic Financial Company is seeking a candidate for the position of Actuarial Modeling Analyst. In this role, you will be responsible for assisting in the development and maintenance of actuarial models using MG-ALFA for various reinsurance agreements. This includes building new models for reinsurance transactions and enhancing existing models for annuity blocks, PRT, and disability insurance. You will also prepare model change analyses, conduct regression testing, quantify impacts, and document your findings. Additionally, you will support valuation processes for US GAAP, US Statutory, US asset adequacy analysis, and Bermuda EBS. This position requires a strong analytical mindset and the ability to work collaboratively in a fast-paced environment, ensuring that all tasks are executed with precision and quality.

Responsibilities

  • Assist in building actuarial models in MG-ALFA for new reinsurance agreements
  • Maintain and enhance MG-ALFA model for existing reinsurance transactions such as annuity block/flow, PRT, and disability insurance
  • Prepare model change analysis, regression testing, impact quantification, and documentation
  • Support valuation for US GAAP, US Statutory, US asset adequacy analysis, and Bermuda EBS

Requirements

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, or other related fields
  • At least 2 parts of the SOA exam complete
  • Self-starter and quick learner, able to solve complex issues independently and in collaborative team settings
  • Strong communication, problem-solving, technical and analytical skills
  • 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

Benefits

  • Educational assistance
  • Virtual physical therapy
  • Remote/onsite fitness reimbursement
  • Medical second opinion program
  • Pet insurance
  • Military leave
  • Parental leave
  • Adoption assistance
  • Fertility and family planning coverage
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