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Global Atlantic is hiring a

Senior Actuarial Analyst (Model Development)

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 wholly-owned subsidiary of KKR, a leading global investment firm that offers alternative asset management across multiple strategies and capital markets solutions.

We are 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.

Position Overview

Global Atlantic’s Actuarial Model Development Team is seeking a Sr. Actuarial Analyst to join the Modeling team in Des Moines location.

Job Description:

  • Developing models and performing thorough and timely pricing and risk analysis, including both statutory and GAAP profitability measures
  • Enhance existing model and onboarding new models (for new reinsurance deals) for financial reporting production
  • Perform financial and risk analysis and assess statutory and GAAP profitability measures using MG-ALFA actuarial model results and Excel spreadsheet calculation tools
  • Preparing model documentation and supporting audit and regulatory requests
  • Review and calculation of capital, requirements, Statutory reserves and GAAP reserves
  • Working in the life insurance industry with a background in a range of life insurance products offered and specialized expertise with the various types of complex products such as Universal Life
  • Modeling of cash flows, reserves, regulatory filing and software implementation of individual life insurance products
  • Familiarity with actuarial modeling software systems, such as MG-ALFA and AFM, used for cash flow projections of insurance business
  • Utilizing database software system such as SAS, R, Python, or SQL
  • Responding to ad-hoc actuarial requests, including new business case design, product marketing material review and actuarial, reinsurance, tax and other calculations as needed by various stakeholders in an insurance company


  • Education and experience equivalent to a four-year college degree in actuarial science, mathematics, statistics, finance, or other related field is required
  • Two or more years of experience in the life/annuity insurance industry is required
  • Direct experience with MG ALFA and Integrate or other actuarial valuation / projection software is required
  • Demonstrated high competency to solve complex calculations and understand technical written material
  • Strong communication, technical and analytical skills
  • Ownership - Takes personal accountability for the execution of goals and objectives
  • Innovative - Able to participate in the generation of new and unique ideas
  • Teamwork - Positive attitude necessary to be part of a strong performing team

Additional information

  • Actuarial Role with Student Program Support
  • Minimum of three Actuarial Exams previously complete with the candidate continuing to make active progress towards ASA or FSA
  • The role is not currently expected to manage other individuals

The base salary range for this role is $60,500—$115,500 USD

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.


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: StreetWise Partners, Covenant House, Partnership for New York City, City Meals on Wheels, Habitat for Humanity, Billion Oyster Project
  • Boston: Cradles to Crayons, Boston’s Healthcare for the Homeless, Thompson Island Outward Bound, Rosie’s Place, Catie’s Closet, Project Bread, Rise Against Hunger, Space to Thrive
  • Hartford: Junior Achievement, Habitat for Humanity, Oliver’s Pajama, United Way
  • Indianapolis: Elevate Indianapolis, Gleaners Food Bank and the Juvenile Diabetes Research Foundation
  • Batesville: So Loved Ripley County Foster Closet, Safe Passage Family Shelter, YES Home Juvenile Rehabilitation, Ripley County Community Foundation
  • Des Moines: United Way of Central Iowa, Meals from the Heartland, Junior Achievement, Math Motivators, Bidwell Riverside, Orchard Place, Knock and Drop
  • Berwyn/Wayne: Habitat for Humanity, Chester County Food Bank, Surrey Services, For Pete’s Sake Respite
  • Bermuda: Keep Bermuda Beautiful, Center Against Abuse, Truck Island Nature Reserve, Bermuda Economic Development Corporation

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.

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