Associate, Actuarial Product Development and Management at Global Atlantic Financial Group

Hartford, Connecticut, United States

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Insurance, Financial ServicesIndustries

Requirements

Education equivalent to a four-year college degree in actuarial science, mathematics, statistics, finance, or other related field
3+ years of experience in the Insurance Industry, with focus on roles supporting annuities
Demonstrated Excel expertise
VBA and SQL a plus
Demonstrated strong analytical ability
Excellent communication skills, verbal and written, for delivery to a variety of audiences
Ability to understand and interpret technical written material
Results-oriented, with ability to execute multiple high-priority items simultaneously
Detail-oriented, with ability to test complex calculations and spot gaps in current processes
Ambition and desire to succeed by delivering quality and effective results

Responsibilities

Business Requirement Definition: Work with internal and external partners to create business requirement documentation, product specifications and product outlines for Global Atlantic products
Contract Drafting and Filing: Work with internal and external partners on Contract drafting and review. Provide support throughout the filing process
Implementation Support: Create test plans for product implementations on multiple platforms. Work on development and testing of system builds in support of product implementation efforts. Provide support for product training and create process documentation. Work with Legal/Compliance on the creation of required materials and with Sales and Marketing on product design and implementation process
Production Support: Work with impacted areas to identify, quantify, and resolve issues for inforce business on all platforms

Skills

Business Requirements

Product Specifications

Contract Drafting

Regulatory Filings

Test Plans

System Builds

System Testing

Process Documentation

Product Training

Actuarial Product Development

Global Atlantic Financial Group

Provides capital and risk management solutions

About Global Atlantic Financial Group

Global Atlantic Financial Group specializes in providing capital and risk management solutions for global retirement and life insurance companies. They offer products like annuities, which provide a steady income stream for retirees, and focus on building long-term partnerships by understanding their clients' financial goals. The company generates revenue through fees and premiums from their financial products and emphasizes a culture of integrity and commitment to clients and communities. Their goal is to create tailored solutions that meet the specific needs of their clients.

New York City, New YorkHeadquarters

2004Year Founded

$986.7MTotal Funding

BUYOUTCompany Stage

Fintech, Financial ServicesIndustries

1,001-5,000Employees

Benefits

Health Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Mental Health Support

Wellness Program

Flexible Work Hours

Hybrid Work Options

Risks

Economic downturns could impact the preneed insurance market with SCI.

Technical challenges may arise from new standardized messaging systems.

Reliance on third-party tech solutions poses potential security vulnerabilities.

Differentiation

Global Atlantic excels in investment and risk management within the insurance industry.

The company has strong institutional partnerships, enhancing its client-centric approach.

Global Atlantic's affiliation with KKR provides a robust financial foundation.

Upsides

Partnership with SCI positions Global Atlantic as a leader in preneed insurance.

Adoption of Sonrai Security's technology enhances operational efficiency and security.

Public-private investment solutions align with Global Atlantic's innovative capital strategies.

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