Associate, Insurance Risk Modeling
Global Atlantic
- New York City, NY
- $103,500-197,500 per year
- Permanent
- Full-time
- Develop insurance liability models in GA Risk's liability modelling platform.
- Communicate findings and implications to Risk's management team and other stakeholders
- Help onboard various Institutional transactions into our Risk platform.
- Perform liability stresses under different lenses (GAAP/Stat/Econ/Bermuda) and understand both actuarial and market risks.
- Support new product launches and ensure the risk models are up to date with regular rate changes, new product features.
- Perform validation and control reviews of actuarial/financial models, including assessments of the methodologies and assumptions used within models.
- Assist in the development and use of quantitative models and analytical tools that enable the Risk function to provide constructive challenge to the current risk management, modeling, and pricing practices.
- Bachelor's Degree in a quantitative discipline required. Master's Degree in a related field preferred.
- 5+ years in a diversified life and annuity/financial or actuarial consulting firm.
- Professional designation in financial risk management, such as FSA/ASA or CFA preferred.
- 5+ years of experience in insurance models with proven track records of modelling complicated insurance products.
- Knowledge of insurance products (both life and annuities) preferred.
- Previous experience in hedging or ALM preferred.
- Strong verbal and written communication skills, especially when articulating technical concepts in a compelling manner to engage both technical and non-technical audiences.
- 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