Program Analyst, Institutional Markets at Global Atlantic Financial Group

New York, New York, United States

Global Atlantic Financial Group Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, Financial Services, ReinsuranceIndustries

Requirements

  • Bachelor’s Degree in a quantitative discipline such as Actuarial Science, Statistics, Mathematics, Computer Science, Physics or similar field
  • Minimum 2 years modeling experience in any quantitative setting, ideally in finance or insurance setting
  • Actuarial modeling experience is preferred but not required
  • Exceptional analytical abilities, with the ability to draw and communicate clear conclusions from research
  • Ability to combine insatiable curiosity, tenacity and drive to solve problems, big and small
  • Ability to thrive in a dynamic and fast-paced environment

Responsibilities

  • Perform liability modeling for pricing and financial analysis
  • Reconcile model output, including single cell analysis, against other sources
  • Help with identifying insurance and capital markets risks embedded in different liabilities by stressing liability and markets-related assumptions
  • Conduct static and dynamic validations
  • Assist with development of deal models under US Stat, Bermuda EBS, and GAAP frameworks
  • Assist in experience studies for reinsurance pricing and performance monitoring
  • Collaborate with Actuarial, Risk, and Finance on onboarding of new deals and monitoring their performance
  • Assist Deal team and Investments team with assessing a range to portfolios / ALM strategies

Skills

Key technologies and capabilities for this role

liability modelingfinancial modelingUS StatBermuda EBSGAAPreinsurance pricingexperience studiesALM strategiesExcelquantitative analysis

Questions & Answers

Common questions about this position

What is the base salary range for this Program Analyst position?

This information is not specified in the job description beyond stating that the base salary range is determined through an analysis of similar positions in the external labor market and is inclusive of the lowest to highest cost of living geographies where Global Atlantic has offices.

Is this role remote or based in a specific location?

The Program Analyst will join the NY-based Risk & Modeling arm of Global Atlantic’s Commercial team.

What qualifications and skills are required for this position?

A Bachelor’s Degree in a quantitative discipline such as Actuarial Science, Statistics, Mathematics, Computer Science, Physics or similar is required, along with minimum 2 years modeling experience in any quantitative setting (ideally finance or insurance), exceptional analytical abilities, and the ability to thrive in a dynamic environment.

What is the team structure like for this role?

This is a 7-person team generating the analytics enabling assessing, acquiring and monitoring the performance of insurance liabilities, and the new joiner will work closely with other members of the Commercial team.

What makes a strong candidate for this Program Analyst role?

Strong candidates have a quantitative Bachelor’s degree, at least 2 years of modeling experience ideally in finance or insurance, exceptional analytical skills, insatiable curiosity, tenacity, and the ability to thrive in a dynamic, fast-paced environment.

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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