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Actuarial Modeling Associate in Brighton, MA at Global Atlantic

Date Posted: 2/28/2018

Job Snapshot

Job Description


Global Atlantic Financial Group, through its subsidiaries, offers a broad range of retirement, life and reinsurance products designed to help our customers address financial challenges with confidence. A variety of options help Americans customize a strategy to fulfill their protection, accumulation, income, wealth transfer and end-of-life needs. In addition, Global Atlantic offers custom solutions and responsive service for the capital, risk and legacy-business management of life and annuity insurance companies around the world.

Global Atlantic offers employees the unique opportunity to work in a fast-paced and collaborative working environment that rewards performance. The company’s unique entrepreneurial culture encourages all employees to assume significant levels of responsibility.  Global Atlantic invests in its people because it believes they are critical to the long term success of its business.


Our Actuarial Modeling Group Associate joins our team in Brighton, MA, reporting to the head of the Embedded Risk team. The principle focus of this team is actuarial model and data validation. The associate will be expected to play a central role on the team.

Key responsibilities will include the following:

  • Input Management
    • Optimize the efficiency and accuracy with which external policy and transaction data is brought into the Global Atlantic models.
    • Work with Operations Team to build checks of TPA data extracts and scrubbing of data before it is released to production.
    • Build automated checks and key effective controls of all inputs into the production process and throughout the process.
  • Output Management
    • Establish a robust reporting framework to support financial analysis and reporting.
    • Build standard actuarial analysis and review reports with drill down capability.
    • Help support the team leader, as required, with the design of the analysis and review reports.
  • Model Validation
    • Take on a measure of responsibility in ensuring all actuarial models are appropriately and independently validated.
    • Build parallel models in IBM’s Algo Financial Modeler (AFM) to validate complex valuation models and to feed automated quarterly comparison dashboards.
    • Update and maintain existing AFM models as necessary for model and assumption changes.


  • Bachelor’s Degree in a quantitative discipline is required.
  • Three or more years of model and / or data risk management experience with a life insurance company, Big 4 accounting firm or major consulting firm is expected.
  • Experience with SAS or similar software is required.
  • Experience with MG ALFA or Algo Financial Modeler (AFM) is a plus.
  • Detail-oriented individual who is very comfortable working with and establishing the integrity of large data sets.
  • Five or more years of actuarial experience in US variable annuity, fixed annuity, and life product lines is preferred.
  • Strong understanding of US GAAP and Statutory valuation frameworks for variable annuity, fixed annuity and life product lines is preferred
  • 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. Has positive attitude necessary to be part of a strong performing team


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