Actuarial Associate

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. 

 

 

Global Atlantic Financial Group, a wholly owned subsidiary of KKR, is one of the fastest-growing life and annuity companies in the U.S. Through innovative reinsurance and acquisition solutions, we help insurers optimize capital, risk, and growth. Our Bermuda Actuarial team plays a pivotal role in this mission — overseeing model production and analytics that drive strategic decision-making across our global business.

This is an opportunity to join a high-caliber actuarial group operating at the intersection of valuation, modeling, and capital strategy — in one of the world’s most dynamic reinsurance markets.

The Opportunity

The Associate Actuary will support all aspects of the Bermuda model production process, acting as a bridge between our onshore model development team and key stakeholders in valuation, finance, and risk. This role offers exposure to complex life and annuity business, evolving regulatory frameworks, and a broad range of modeling and analytics challenges.

What You’ll Do

• Manage the end-to-end production process for all Best Estimate Liability (BEL) projections under the Bermuda Economic Balance Sheet (EBS) framework.
• Deliver accurate, timely model outputs to the valuation and finance teams.
• Perform and interpret stress and sensitivity testing to inform management decision-making.
• Partner with the valuation team to analyze results and communicate insights clearly.
• Collaborate with the onshore model development team to validate, refine, and enhance ALFA-based cash-flow models.
• Onboard new reinsurance transactions, integrating new models into the valuation framework.
• Prepare clear, comprehensive documentation supporting internal governance, audit, and regulatory reviews.

What You Bring

• 3+ years of experience in the (re)insurance industry.
• ASA designation (or equivalent), actively pursuing Fellowship (FSA or equivalent).
• Hands-on experience with actuarial modeling systems — MG-ALFA preferred.
• Strong understanding of life and annuity products and valuation frameworks.
• Excellent communication and analytical problem-solving skills.
• Experience with Python or similar coding languages a strong plus.
• Familiarity with Bermuda EBS and/or asset adequacy testing (CFT) advantageous.

Who Thrives Here

Our best team members are proactive thinkers who take ownership and collaborate effectively across functions. You’ll excel in this role if you:

• Perform under pressure and deliver in fast-moving environments.
• Enjoy solving technical problems that require both rigor and creativity.
• Balance autonomy with teamwork and open communication.
• Value continuous learning, transparency, and professional growth.

Why Join Global Atlantic

At Global Atlantic, you’ll work alongside some of the industry’s top actuarial and investment professionals — supported by the global platform of KKR. You’ll gain exposure to reinsurance transactions, valuation, and capital frameworks that define the next generation of the insurance industry.

 

#LI-KS1

Privacy Statement

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.