Actuary Valuation

The Actuary Valuation at Global Atlantic Financial Group is responsible for maintaining and preparing actuarial models for various financial reporting standards including GAAP and Statutory. Additionally, the role involves researching and implementing model improvements, performing cashflow testing for Life products, and providing modeling support for important company initiatives.

Candidates for the Actuary Valuation position at Global Atlantic should have excellent attention to detail, strong problem-solving skills, and proficiency in basic computer programs such as Excel and Word. Supplementary skills in programming, version control, and database management are advantageous for successful candidates.

In the Actuary Valuation role at Global Atlantic, you'll gain mastery of MG-ALFA actuarial modeling software, an in-depth understanding of model change best practices, and expertise in financial analysis through hands-on testing. You'll also become proficient in languages like VBA, SAS, and Python, making this an excellent opportunity for professional development.

Global Atlantic promotes a culture of total well-being through its comprehensive benefits package, which includes health, retirement, life, and disability plans tailored to fit employee needs. The company is committed to fostering an inclusive environment that supports innovation and accountability, ensuring all employees feel valued.

The actuarial model development team at Global Atlantic emphasizes integrity and teamwork. In your role as Actuary Valuation, you will collaborate closely with both seasoned professionals and senior management, allowing for a dynamic exchange of ideas and support as you progress through your tasks and projects.

In answering this question, focus on specific software like MG-ALFA that you've worked with. Discuss how you've used this software in past projects, any modeling improvements you've implemented, and how these experiences prepare you for the Actuary Valuation role at Global Atlantic.

Share your methods for cross-checking data, validating assumptions, and testing model outputs. For instance, describe processes you follow to maintain rigorous standards for GAAP and Statutory reporting in your previous roles.

Talk about your approach to identifying areas for enhancement and how you've successfully designed, researched, and implemented changes in previous positions. Emphasize your problem-solving skills and analytical thinking.

Discuss your time management strategies and how you balance competing deadlines. Provide examples of how you’ve successfully navigated challenges and ensured timely delivery of critical projects.

This is an opportunity to showcase your industry knowledge. Discuss trends such as advancements in technology, regulatory changes, or shifts in market demand that impact actuarial practices, particularly in the life insurance sector.

Provide a specific instance that highlights your problem-solving abilities. Describe the challenges faced, your contributions to overcoming them, and the successful outcomes achieved.

Explain your method for investigating discrepancies, including validating source data and collaborating with team members to ensure consistency. Stress the importance of accuracy and the implications of financial reporting.

Share your passion for numbers, analytics, and the impact of actuarial work on financial decision-making. Highlight any experiences or projects that solidified your interest in the field.

Discuss your strategies for keeping up-to-date with industry standards, including attending workshops, webinars, or accessing relevant publications. Mention how this knowledge assists your work as an actuary.

Emphasize the importance of collaboration in achieving common goals, sharing insights, and supporting one another. Provide examples of successful teamwork from your previous experience in actuarial projects.