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Senior Actuarial Modeling Analyst

Global Atlantic Financial Group is a leading insurance company focused on retirement and life insurance. They are seeking a Senior Actuarial Modeling Analyst to develop actuarial models for retail annuities and institutional products in their Boston office.

Skills

  • Strong communication skills
  • Technical skills in actuarial modeling
  • Analytical skills
  • Familiarity with US GAAP

Responsibilities

  • Develop and maintain testing tools for new models
  • Support assumption updates and impact quantification
  • Support model production team in producing valuation results
  • Follow model development best practices

Education

  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics or related fields
  • ASA or near ASA designation

Benefits

  • Competitive health plans
  • Retirement plan with immediate vesting
  • Generous benefits package
To read the complete job description, please click on the ‘Apply’ button
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CEO of Global Atlantic Financial Group
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Allan Levine
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Average salary estimate

$87300 / YEARLY (est.)
min
max
$60000K
$114600K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior Actuarial Modeling Analyst, Global Atlantic Financial Group

Join the Global Atlantic Financial Group as a Senior Actuarial Modeling Analyst in beautiful Boston, Massachusetts! This exciting opportunity allows you to work with a dedicated team on building actuarial models for innovative retail annuity products and newly acquired institutional blocks. You'll be leveraging the impressive Milliman Integrate Actuarial platform, contributing to essential analyses such as GAAP, and US and Bermuda Statutory reporting. As part of the Actuarial Modeling team, you’ll be at the forefront of our efforts, developing and maintaining testing tools, supporting assumption updates, and adhering to model design best practices. The dynamic environment at Global Atlantic means you’ll often be collaborating with other teams to produce valuation results and ensuring compliance with SOX and Risk Management policies. Your role will also involve preparing for internal and external audits, providing a great platform to showcase your skills and insights in risk management. If you’re someone who thrives in fast-paced settings, loves tackling complex issues, and seeks to make a real impact in the insurance industry, we want to hear from you! With generous compensation packages that include bonuses and extensive benefits, joining Global Atlantic is a step toward a secured financial future for not just our clients but for yourself as well!

Frequently Asked Questions (FAQs) for Senior Actuarial Modeling Analyst Role at Global Atlantic Financial Group
What are the responsibilities of a Senior Actuarial Modeling Analyst at Global Atlantic?

As a Senior Actuarial Modeling Analyst at Global Atlantic, you will develop and maintain actuarial models for retail annuity products, support assumption updates, and produce quarterly/monthly valuation results. You’ll also need to follow best practices in model validation and documentation while supporting audit activities and regulatory inquiries.

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What qualifications are needed for the Senior Actuarial Modeling Analyst position at Global Atlantic?

To be considered for the Senior Actuarial Modeling Analyst role at Global Atlantic, you should hold a Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or Finance. The ideal candidate will be an ASA or near ASA with over 2 years of experience in the life and annuity insurance industry, alongside strong analytical and technical skills.

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What technical skills should I have for the Senior Actuarial Modeling Analyst position at Global Atlantic?

Candidates for the Senior Actuarial Modeling Analyst role at Global Atlantic should be proficient in actuarial projection software, such as MG ALFA, and should ideally have knowledge of programming languages like Python or SQL. A strong understanding of financial reporting standards like US GAAP is also highly beneficial.

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What can I expect regarding company culture working as a Senior Actuarial Modeling Analyst at Global Atlantic?

At Global Atlantic, you'll be part of a high-performing culture that values teamwork and integrity. The company emphasizes building long-term relationships while supporting a culture of total well-being and diversity, making it a great environment for personal and professional growth as a Senior Actuarial Modeling Analyst.

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Is remote work an option for the Senior Actuarial Modeling Analyst role at Global Atlantic?

Global Atlantic typically requires employees to be in the office several days a week, particularly in the Boston office, but they may offer some flexibility. It's advised to inquire specifically about hybrid work arrangements during the interview process.

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Common Interview Questions for Senior Actuarial Modeling Analyst
What experiences do you have with actuarial modeling and how do they relate to the Senior Actuarial Modeling Analyst role?

Discuss any specific projects or tools you've worked with, such as MG ALFA or Milliman Integrate. Highlight particular challenges you've faced and how you solved them, showing your applied knowledge and problem-solving abilities.

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Can you explain how you ensure compliance with SOX and Risk Management policies?

Detail your knowledge of SOX implications in actuary work, and provide examples of your experience in adhering to these policies. Mention the importance of documentation and change management in your previous roles.

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How do you approach collaboration with non-actuarial teams?

Highlight your communication skills and provide examples of successful collaborations with cross-functional teams, illustrating how you ensure clarity and effectiveness when discussing complex actuarial concepts with non-specialists.

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What tools or programming languages are you familiar with that are relevant to actuarial modeling?

Detail your experience with specific actuarial software and programming languages like Python or SQL. Share how you've utilized these tools in previous projects to enhance modeling processes or data analysis.

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Describe a situation where you had to adapt to a major change in modeling requirements.

Discuss a specific instance where you had to quickly shift your approach to a modeling project. Focus on your adaptability and problem-solving skills, illustrating how you managed the transition effectively.

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What do you find most challenging about actuarial modeling, and how do you overcome those challenges?

Talk about a specific challenge you've faced, such as complex data analysis, and describe the strategies you used to overcome it. This demonstrates resilience and a proactive mindset to potential employers.

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Can you walk us through your model development process?

Detail the steps you follow when developing a new model, from initial design to testing and validation. Highlight your attention to detail and adherence to best practices throughout each phase.

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How do you stay current with industry developments and actuarial practices?

Highlight continuous learning initiatives, such as participating in professional associations like the Society of Actuaries, attending conferences, or engaging in relevant online courses. Show your commitment to personal and professional growth.

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How would you handle feedback on your work from colleagues or supervisors?

Explain your approach to receiving constructive criticism, emphasizing your openness to feedback and how you view it as an opportunity for improvement and growth in your role as a Senior Actuarial Modeling Analyst.

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What are your long-term career goals, and how does this position fit into them?

Discuss your aspirations within the actuarial field and how the role at Global Atlantic aligns with achieving those goals. Speak to your desire for growth and learning opportunities that would be available.

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We strive to be a leading U.S. retirement and life insurance company, delivering clear value to our customers and long-term value to our shareholders. We are committed to addressing our customers’ financial protection needs through a broad range o...

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FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
SALARY RANGE
$60,000/yr - $114,600/yr
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
March 17, 2025

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