Institutional Markets Actuary

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COMPANY OVERVIEW
Global Atlantic Financial Group is a leader in the U.S. life insurance and annuity industry, serving the needs of individuals and institutions. Global Atlantic is a majority-owned subsidiary of KKR, a leading global investment firm that offers alternative asset management across multiple strategies and capital markets solutions.
Global Atlantic is looking for a diverse team of talented individuals who reinforce our culture of collaboration and innovation. We are dedicated to the career development of our people because we know they are critical to our long-term success. Join our team and come grow with us.
We use Greenhouse as our scheduling tool and communicate through their systems. At times, your email may block our communications. Please be sure to check your SPAM so that you do not miss critical information about our process, including scheduling.
POSITION OVERVIEW
The Institutional Markets will join Global Atlantic's Institutional Markets business, based in NYC. We are a ~50-person principal investing team within Global Atlantic Financial Group, a subsidiary of KKR. We are focused on deploying capital on reinsurance and acquisition opportunities in the Insurance Industry. Since Global Atlantic's founding in 2004, this group has executed multiple strategic acquisitions and reinsurance transactions, including block, flow and PRT reinsurance, representing a total of +$100B of assets to date.
As an integral part of the Institutional Markets team, the Institutional Markets will be responsible for:

• Performing pricing and valuation due diligence on potential reinsurance or M&A transactions involving life and annuity business
• Evaluating life products (e.g. whole, traditional, universal, term life, BOLI/COLI, etc.) and product design
• Reviewing actuarial experience of blocks of business under consideration
• Making recommendations for key actuarial assumptions
• Assessing US statutory and GAAP accounting and valuation models and considerations for subject blocks of business
• Identifying potential risks in transactions, and suggesting sensitivities and mitigating actions
• Working with the Investments and Risk team on ALM considerations and actions for potential deals
• Participating in negotiating discussions with counterparties
• Providing integration support for completed deals

QUALIFICATIONS

• Bachelor's degree required in Actuarial Science, Mathematics or Finance
• Qualified Actuary: Fellow of the Society of Actuaries preferred
• 8+ years of relevant experience, including life product development, reinsurance, insurance M&A, and valuation / financial reporting
• Strong skills / experience in actuarial modeling (MG-ALFA preferred)
• Strong quantitative and technical abilities, and knowledge of life and annuity products. Experience with whole life, universal life, and universal life with secondary guarantees preferred
• Solid organizational and time management skills
• High energy with an ability to work in a fast-paced environment and think clearly under pressure
• Ability to learn quickly and work independently as well as being a team player
• Drive, enthusiasm, creativity and excellent interpersonal skills
• Personal integrity, initiative and leadership qualities

#LI-DE1
#LI-Hybrid
Various jurisdictions have passed pay transparency laws that require companies provide salary ranges for any positions for which they are accepting applications. Global Atlantic has offices in Atlanta, Batesville, Bermuda, Boston, Des Moines, Hartford, Indianapolis, and New York City. The base salary range posted below is inclusive of the lowest cost of living geography to the highest in which we have a Global Atlantic office.
Global Atlantic's base salary range is determined through an analysis of similar positions in the external labor market. Base pay is just one component of Global Atlantic's total compensation package for employees and at times we hire outside the boundaries of the salary range. Other rewards may include annual cash bonuses, long-term incentives (equity), generous benefits (including immediate vesting on employee contributions to a 401(k), as well as a company match on your contributions), and sales incentives. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Compensation for our more senior positions have a larger component of short-term cash bonus and long-term incentives.
The base salary range for this role is
$149,000 - $245,000 USD
TOTAL REWARDS STATEMENT
Global Atlantic's total rewards package is reflective of our corporate values, particularly diversity, excellence and innovation, with a focus on inclusion, pay equity, and flexibility. We are proud to support your personal and professional growth and well-being through programs such as educational assistance, virtual physical therapy, remote/onsite fitness reimbursement, a medical second opinion program, pet insurance, military leave, parental leave, adoption assistance, fertility and family planning coverage. We strive to foster a culture of total well-being through community outreach and charitable giving programs.
We are active in our communities-

• New York: Red Hook Conservancy, Girls Who Invest, Outward Bound, Teach for America, StreetWise Partners,
• Boston: Catie's Closet, Project Bread, Thompson Island Outward Bound Education Center, Cradles to Crayons, and many others
• Hartford: Braids and Company, Junior Achievement
• Indianapolis: Elevate Indianapolis, Gleaners Food Bank and the Juvenile Diabetes Research Foundation
• Batesville: So Loved Ripley County Foster Closet, Southeastern Indiana YMCA, Batesville Community Education Foundation, Southeastern Indiana Voices for Children, local area youth sports, as well as many others
• Des Moines: United Way of Central Iowa, Meals from the Heartland, Oakridge Neighborhood, Community Support Advocates, and many others
• Berwyn/Wayne: For Pete's Sake, Chester County Food Bank, Habitat for Humanity Chester County, Brandywine SPCA, as well as others
• Bermuda: Transformational Living Centre for Families

Social platforms provide an environment to collaborate with others and participate in friendly competitions towards achieving physical, emotional and financial well-being. Our highly competitive health, retirement, life and disability plans can be tailored to best suit your needs and those of your whole family.
Global Atlantic is committed to creating an inclusive environment where everyone can meaningfully contribute to our success. We are proud to be an equal opportunity employer and we do not discriminate in employment on any basis that is prohibited by federal, state or local laws. More than that, we strive to be inclusive of all backgrounds and experiences, which we feel gives us a competitive advantage in the market and within our firm. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, age, or veteran status.
Employees who require an accommodation to perform the essential functions of their job will participate in an interactive process which may include providing documentation. If you are hired and require an accommodation for any protected status, please email benefits@gafg.com .
Please click on the links below to learn more about Global Atlantic.
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