Financial Associate (Corporate) jobs in Massachusetts

Global Atlantic’s Corporate Actuarial Team is seeking an Associate, Actuarial Valuation to join the team in the Boston,MA, Hartford,CT, New York, NY, and Des Moines, IA location.  Key responsibilities will include the following:

• Participate in quarterly Cash Flow Testing. Responsibility includes, but not limited to, preparing input files, performing reasonableness analysis of model output, and investigating issues.
• Work closely with modeling consultants to build and enhance quarterly Cash Flow Testing process on the Integrate system, a cloud-based actuarial modeling and valuation system.
• Work independently or closely with modeling consultants to build a data visualization function to produce Cash Flow Testing reports for management review and regulatory submissions.
• Propose and implement model changes to incorporate ever-changing regulatory requirements or business needs into Cash Flow Testing models.
• Participate in year-end statutory filings, help construct actuarial memorandums and other regulatory submissions.
• Support the Appointed Actuary and other actuarial leadership in evaluating and determining actuarial accounting policy and methodology for new and existing products as directed and appropriate.
• Develop, update and maintain controls for Cash Flow Testing process. Support internal and external audit functions

QUALIFICATIONS

• Education and experience equivalent to a four-year college degree in actuarial science, mathematics, statistics, finance, or other related field is required.
• Newer FSA or established ASA with four or more years of experience in the life/annuity insurance industry is preferred.
• Direct experience with MG ALFA or other actuarial valuation / projection software is required.
• Understanding of assets and ALM modeling is preferred.
• Experience with database, PowerBI or other data visualization tool is a plus.
• Demonstrated high competency to solve complex calculations and dive into technical details.
• Be able to work under competing timelines and adapt to changing priorities.
• Strong problem-solving, technical and analytical skills.
• Ownership, think out-of-the-box and self-motivated.

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