AVP, Corporate Actuarial

POSITION OVERVIEW

Global Atlantic’s Corporate Actuarial Team is seeking a dynamic and collaborative leader to support and enhance our cash flow testing for multiple insurance entities.  This role will be a part of a small team responsible for the quarterly execution, analysis, and reporting of Cash Flow Testing and C3P1 capital results. The position will partner closely with Investments, Risk, Finance, Actuarial Modeling, and Technology teams to ensure high-quality production, strong governance, and meaningful management insights. The role is on the Appointed Actuary’s team.

Key responsibilities include:

• Support quarterly statutory Cash Flow Testing and C3P1 capital production.
• Maintain and enhance end-to-end CFT production process, including data validation, model execution, results review, attribution analysis, and management reporting. Develop and build of new processes as applicable.
• Maintain and enhance governance, documentation, and controls related to the CFT process. Develop and build new controls as applicable.
• Collaborate with Actuarial Modeling and Production teams to ensure models are maintained, controlled, and enhanced appropriately for CFT and C3P1 use.
• Collaborate with Investments and Risk teams to ensure asset assumptions and ALM strategies are appropriately reflected in projections.
• Perform review and challenge of model results to ensure accuracy, reasonableness, and regulatory compliance.
• Perform preparation of year-end statutory filings related to Cash Flow Testing in accordance with the Actuarial Guidelines, the Valuation Manual, and the Actuarial Standards of Practice.
• Support internal and external audit activities and regulatory inquiries.
• Contribute to process improvements, automation efforts, and reporting enhancements, including development of data visualization tools.
• Present results and insights to actuarial leadership and cross-functional partners.

QUALIFICATIONS

• Education and experience equivalent to a four-year college degree in actuarial science, mathematics, statistics, finance, or other related field is required.
• FSA or near-FSA with 8+ years of experience in the life/annuity insurance industry is preferred.
• Direct experience with MG ALFA or other actuarial valuation / projection software is preferred.
• Experience with assets modeling and ALM concepts preferred.
• Experience with database, PowerBI or other data visualization tool is a plus.
• Demonstrated high competency to solve complex calculations and dive into technical details.
• Understanding of the U.S. Statutory framework and cash flow testing requirements.
• Strong analytical and technical skills; experience with Annuities a strong plus.
• Project management or leadership experience a strong plus.
• Strong communication skills and ability to collaborate effectively across teams.
• Ownership mindset, think out-of-the-box and self-motivated.

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

$140,000 - $180,000 USD

To be considered for this role, applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time.

#LI-LM2