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Life Valuation

Global Atlantic Financial Group is a leading insurance company focused on retirement and life insurance needs. They are looking for a Life Valuation Actuary to support their actuarial team.

Skills

  • Actuarial science knowledge
  • Financial reporting expertise
  • Communication skills
  • Valuation software familiarity

Responsibilities

  • Preparation of life actuarial values for financial reporting
  • Enhancing automated processes for product liabilities
  • Maintaining timely infrastructure for financial reporting
  • Providing support for auditors and insurance departments
  • Developing valuation systems and internal team training

Education

  • Four-year college degree in actuarial science or related field
  • Actively taking Actuarial Exams

Benefits

  • Customizable benefits package
  • Health, retirement, life, and disability plans
  • Charitable giving programs
  • Strong work-life balance
To read the complete job description, please click on the ‘Apply’ button

Average salary estimate

$100000 / YEARLY (est.)
min
max
$80000K
$120000K

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What You Should Know About Life Valuation , Actuary Rotation Program

Welcome to an exciting opportunity at Global Atlantic Financial Group as a Life Valuation Actuary! In this pivotal role, you will be a key member of our Life and Annuity Actuarial team, working closely with the Financial Reporting group to deliver accurate actuarial values essential for our statutory, tax, and GAAP financial reports. Your day-to-day responsibilities will involve streamlining and enhancing automated processes for valuing product liabilities while ensuring compliance with all relevant regulatory and professional standards. We’re not just about crunching numbers; here, you’ll engage with the latest in financial reporting technology and contribute to establishing frameworks necessary for meeting tight reporting deadlines. Your insights into the regulatory landscape will aid our valuation team in addressing challenges and implementing effective strategies. If you have a background with at least two years in the life insurance sector, strong analytical skills, and an eagerness to continue your actuarial examinations, this position will align perfectly with your aspirations to make a real impact. As part of our dedicated team, you’ll foster collaboration, train junior actuaries, and maintain key relationships across departments. If you’re looking for a workplace that not only values integrity and teamwork but also offers a comprehensive rewards package and a commitment to diversity and inclusion, Global Atlantic is the place for you. Join us in building secure financial futures!

Frequently Asked Questions (FAQs) for Life Valuation Role at Actuary Rotation Program
What responsibilities does the Life Valuation Actuary at Global Atlantic Financial Group have?

The Life Valuation Actuary at Global Atlantic is responsible for preparing accurate life actuarial values for financial reporting, enhancing processes for valuing liabilities, and ensuring compliance with various regulatory standards. This role also includes providing leadership and support to junior team members, engaging with audits, and keeping up to date with the regulatory environment.

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What qualifications are needed for the Life Valuation position at Global Atlantic?

Candidates applying for the Life Valuation Actuary role at Global Atlantic should possess a four-year degree in actuarial science or a related field, combined with at least two years of experience in the life insurance sector. Actively pursuing or achieving Associateship or Fellowship in the Society of Actuaries is also a must.

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What skills are important for a successful Life Valuation Actuary at Global Atlantic?

A successful Life Valuation Actuary at Global Atlantic should demonstrate strong organizational and communication skills, effective relationship management, and a solid understanding of life product valuation processes. Familiarity with actuarial software and financial modeling techniques is highly preferred.

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How does Global Atlantic support continued education for Life Valuation Actuaries?

Global Atlantic encourages the professional growth of its Life Valuation Actuaries by supporting them throughout their actuarial exam journey. They offer resources and opportunities to help employees achieve the necessary certifications required for advancement within the field.

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What is the work culture like for Life Valuation Actuaries at Global Atlantic?

Global Atlantic promotes a fast-paced, innovative work culture that values teamwork and collaboration. Life Valuation Actuaries will find themselves in a supportive environment that emphasizes well-being, diversity, and inclusion, along with comprehensive benefits.

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Common Interview Questions for Life Valuation
Can you explain your experience with life actuarial values and their significance?

Highlight specific experiences where you’ve prepared life actuarial values, discuss the processes you followed, and explain how these values impact financial reporting and decision-making in an organization like Global Atlantic.

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What methods do you use to ensure compliance with regulatory standards in your work?

Discuss the regulatory frameworks you’ve worked with, the importance of staying updated on legislative changes, and how you implement necessary adjustments in your actuarial practices to comply with these standards.

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How do you prioritize tasks during tight financial reporting deadlines?

Share specific examples of how you effectively manage your workload under pressure, including any techniques you use to prioritize tasks and maintain accuracy in your work.

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What experience do you have with valuation software?

Detail your familiarity with specific valuation software and tools, the functionalities you’ve leveraged, and how this experience aligns with the needs at Global Atlantic.

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Describe a time you had to train or mentor a junior team member.

Provide an example that showcases your mentorship style, the training resources you utilized, and the outcomes of your mentorship on the junior member's performance.

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How do you stay informed about changes in the actuarial field?

Outline the resources you utilize to keep updated, such as professional organizations, online courses, webinars, or industry publications, emphasizing your commitment to professional development.

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Can you share an instance where you identified a potential issue in financial reporting?

Describe a specific scenario where your analytical skills helped in identifying discrepancies or potential issues in reporting. Mention the steps taken to resolve it and how it contributed to team success.

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What role do you think soft skills play in actuarial work?

Discuss how communication, teamwork, and interpersonal skills impact collaboration and efficiency when working on complex actuarial tasks, especially within diverse teams.

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What are your long-term career goals within actuarial science?

Talk about your aspirations regarding professional growth, additional certifications, and potential leadership roles within the actuarial field, specifically within a company like Global Atlantic.

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What excites you most about working as a Life Valuation Actuary at Global Atlantic?

Share what specifically draws you to the Life Valuation Actuary role at Global Atlantic, focusing on the company's values, culture, and your passion for contributing your actuarial expertise to their mission.

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FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
No info
HQ LOCATION
No info
SALARY RANGE
$80,000/yr - $120,000/yr
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
March 12, 2025

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