Global Atlantic is looking for an Associate Actuary to join the Bermuda Actuarial team. This role will be based in our Hamilton, Bermuda office and will be part of the team supporting the Bermuda valuation and reporting process. The Associate Actuary will also act as a liaison between Actuarial Valuation, IT, Risk, and Finance as part of the production valuation process. THIS ROLE IS BASED IN OUR BERMUDA OFFICE, MUST BE OPEN TO RELOCATING TO BERMUDA RESPONSIBILITIES: Working with Bermuda Valuation team to analyze and explain model results for base and sensitivity/stress runs Contributing to the modernization efforts for the production valuation process Participate in the development, maintenance, and review of the Python models Onboarding new reinsurance deals into the production valuation process Executing validation and UAT procedures on new model output Assist with the development of internal controls and documentation for audit and regulatory requests REQUIRED AND PREFERRED QUALIFICATIONS: 3 to 5 years experience in the (re)insurance industry ASA (or equivalent) actively working toward Fellowship designation, or FSA/equivalent. Life and Annuity experience strongly preferred Coding language experience required (Python preferred) Strong Excel knowledge (Power Query a plus) Strong communication skills Actuarial modeling software experience a plus (MG ALFA preferred) Works well under pressure in a fast-paced environment Is persistent when developing a solution to a problem Balances the dichotomy between working with a high-caliber team and individual production Takes ownership of their responsibilities #LI-KS1 Various jurisdictions have passed pay transparency laws that require companies provide salary ranges for any positions for which they are accepting applications. Global Atlantic has offices in Atlanta, Batesville, Bermuda, Boston, Des Moines, Hartford, Indianapolis, and New York City. The base salary range posted below is inclusive of the lowest cost of living geography to the highest in which we have a Global Atlantic office. Global Atlantics base salary range is determined through an analysis of similar positions in the external labor market. Base pay is just one component of Global Atlantics total compensation package for employees and at times we hire outside the boundaries of the salary range. Other rewards may include annual cash bonuses, long-term incentives (equity), generous benefits (including immediate vesting on employee contributions to a 401(k), as well as a company match on your contributions), and sales incentives. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Compensation for our more senior positions have a larger component of short-term cash bonus and long-term incentives. The base salary range for this role is $140,000$150,000 USD TOTAL REWARDS STATEMENT Global Atlantics employees thrive in a fast-paced, high-performing culture with strong benefit options and wellbeing resources that support innovation, accountability and stewardship. At Global Atlantic, being an employer of choice means we are committed to offering employees a customizable and comprehensive benefits package. Global Atlantics total rewards package is reflective of our corporate values, particularly diversity, excellence and innovation, with a focus on inclusion, pay equity, and flexibility. We strive to foster a culture of total well-being through community outreach and charitable giving programs. Learn more about our Charitable Giving Programs . 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 was proudly named: Best in Perks & Benefits, Best Company Work-Life Balance, Best Company Happiness and Best Company Compensation. Learn about our Benefits offerings. 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. Find out more about GAs commitment to creating a culture of belonging: DE&I and Strategic Pillars. Employees who require an accommodation to perform the essential functions of their job will participate in an interactive process which may include providing documentation. If you require an accommodation during the hiring process or after you are hired for any protected status under the ADA, please email Discover more about Global Atlantic below: 2023 Corporate Responsibility Report Explore the GA Careers Video Channel Follow Global Atlantic on LinkedIn View Global Atlantic''s Privacy Statement Our employees are in the office 4 - 5 days per week in Hudson Yards, NY and 3 - 4 days per week in all other offices. If you have questions on this policy or the application process, please reach out to 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.
Job Title
Associate Actuary, Valuation