Associate, Actuarial Product Development and Management
About Global Atlantic
Global Atlantic is a leading provider of retirement security and investment solutions with operations in the U.S., Bermuda, and Japan. As a wholly-owned subsidiary of KKR (NYSE: KKR), a leading global investment firm, Global Atlantic combines deep insurance expertise with KKR’s powerful investment capabilities to deliver long-term financial security for millions of individuals worldwide. With a broad suite of annuity, preneed life insurance, reinsurance, and investment solutions, Global Atlantic, through its issuing companies, helps people achieve their financial goals with confidence. For more information, please visit www.globalatlantic.com.
POSITION SUMMARY:
This role will have responsibilities supporting product implementation efforts in the growing annuity business at Global Atlantic. The individual that accepts this position will work with a broad, multi-disciplined team to find creative solutions to the opportunities and challenges faced in today’s insurance market. The position requires interaction with multiple areas of the company, including Legal, Operations, Actuarial, Technology, Sales and Marketing as well as Senior Management.
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.
QUALIFICATIONS
- Education equivalent to a four-year college degree in actuarial science, mathematics, statistics, finance, or other related field is required
- 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
#LI-CA1
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
$84,500 - $160,800 USD
Our employees are in the office 5 days per week in New York and 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.
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