Life Valuation

COMPANY OVERVIEW

Global Atlantic Financial Group is a leading insurance company meeting the retirement and life insurance needs of individuals and institutions. With a strong financial foundation and risk and investment management expertise, the company delivers tailored solutions to create more secure financial futures. The company's performance has been driven by its culture and core values focused on integrity, teamwork, and the importance of building long-term client relationships. Global Atlantic is a wholly-owned subsidiary of KKR, a leading global investment firm. Through its relationship, the company leverages KKR's investment capabilities, scale and access to capital markets to enhance the value it offers clients. KKR's parent company is KKR & Co. Inc. (NYSE: KKR).

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POSITION OVERVIEW

The Life Valuation Actuary will join the Global Atlantic Life and Annuity Actuarial team. The role will be with the Financial Reporting team and include support for Corporate Actuarial functions. 

RESPONSIBILITES:

• Timely preparation of complete and accurate life actuarial values required for Statutory, Tax and GAAP financial reporting.
• Enhancing automated processes to value product liabilities in compliance with all applicable regulatory, industry and professional standards.
• Establishing the infrastructure needed to meet the time sensitive demands of monthly financial reporting set forth by management or external customers.
• Keeping abreast of the regulatory and legislative environment related to life valuation and financial reporting issues. Discussing these potential impacts and developing recommendations on required actions with the members of the valuation team.
• Providing support to internal/external auditors, insurance departments and Finance on all life related requests and maintaining documentation for audit trails.
• Supporting and providing leadership to the development and maintenance of appropriate valuation and policy exhibit systems with a strong focus on efficiency, consistency and flexibility in line with product segments.
• Providing internal team development, coaching and training to valuation team members.

QUALIFICATIONS

• Education and experience equivalent to a four-year college degree in actuarial science, mathematics, statistics, finance, or other related field, with a minimum of two years of experience in the life insurance industry is required.
• Must be actively taking Actuarial Exams with the intention to complete or have already completed the necessary requirements for Associateship or Fellowship in the Society of Actuaries.
• Strong knowledge of individual life products, valuation processes and actuarial guidelines, product development and pricing, and balance sheet/income statement concepts is preferable.
• Strong organizational and communication skills and the ability to develop effective working relationships are required.
• Familiarity with valuation software, modeling and pricing techniques is preferred.

It is important to note participation in this program does not alter the terms and conditions of employment. Your current role and responsibilities, compensation, and benefits will remain unchanged.

TOTAL REWARDS STATEMENT 

Global Atlantic’s employees thrive in a fast-paced, high-performing culture with strong benefit options and wellbeing resources that support innovation, accountability and stewardship. At Global Atlantic, being an employer of choice means we are committed to offering employees a customizable and comprehensive benefits package. 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 strive to foster a culture of total well-being through community outreach and charitable giving programs. Learn more about our Charitable Giving Programs.

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 was proudly named: Best in Perks & Benefits, Best Company Work-Life Balance, Best Company Happiness and Best Company Compensation. Learn about our Benefits offerings.

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 require an accommodation during the hiring process or after you are hired for any protected status under the ADA, please email benefits@gafg.com.

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Our employees are in the office 4 - 5 days per week in Hudson Yards, NY and 3-4 days per week in all other offices. If you have questions on this policy or the application process, please reach out to benefits@gafg.com

Global Atlantic reserves the right to modify the qualifications and requirements for this position to accommodate business needs and regulatory changes. Future adjustments may include obtaining specific licenses or certifications to comply with operational needs and conform to applicable industry-specific regulatory requirements, state and federal laws.