2022 Actuarial Modeling Reinsurance Intern

at Global Atlantic Financial Group
New York, New York, United States

Pursuant to Company policy, all employees are required to be vaccinated for COVID-19 to access GA facilities.  Currently, our interview process will be conducted over video. All offices are currently open, and our employees are back 4 days a week in NY and 3 days a week in all other offices. If you have questions on this policy, please contact recruiting@gafg.com.

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. With differentiated investment and risk management capabilities, deep client relationships, and a strong financial foundation, the company has established a track record of delivering proven, value-added solutions and long-term growth. Global Atlantic is a majority-owned subsidiary of KKR, a leading global investment firm that offers asset management and capital markets solutions across multiple strategies.

Global Atlantic is 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.

 

GLOBAL ATLANTIC'S INTERNSHIP PROGRAM

The Global Atlantic offers an immersive 10 week summer internship program that allows students to learn critical skills in a business setting. Our program runs from June 6, 2022 to August 12, 2022. We offer Executive Business Overviews, Networking Challenges, Social Events, interaction with senior leaders, meaningful work and so much more. We pride ourselves on offering a diverse and inclusive environment for all to succeed. We are thrilled that you have considered Global Atlantic in your Internship search.

Actuarial Modeling Intern, Institutional Business

 The Actuarial Modeling Intern will join Global Atlantic’s New York-based Institutional business for an immersive 10 week summer internship experience. We are a ~15 person principal investing team within Global Atlantic Financial Group, focused on deploying capital on reinsurance and acquisition opportunities in the US Life and Annuity Industry. To date, the Institutional business has acquired over $75 billion of assets.

The Intern will work closely with other members of the Institutional business and interface with business leaders and senior management to:

  • Assist and get exposure to liability modeling in R3S (formerly known as IBM’s Algo Financial Modeler) for reinsurance deal pricing and financial analysis.
  • Contribute to reconciling model output, including single cell analysis
  • Help with identifying risks embedded in different liabilities by stressing insurance / liability assumptions
  • Conduct static and dynamic validations
  • Collaborate both within the Institutional business, as well as with other areas such as Risk, Actuarial, Finance, and Investments

 Experience and Qualifications

  • Pursuing a Bachelor’s Degree in a quantitative discipline such as Actuarial Science, Statistics, Mathematics, Computer Science with a graduation date of December 2022 or May 2023
  • Exceptional analytical abilities and the eagerness to learn
  • Inquisitive and intellectually curious
  • Ability to work independently and excel in a dynamic, exciting, and fast-paced environment

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.

Global Atlantic is committed to creating an inclusive environment where everyone feels like they 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. We encourage qualified applicants from all demographics to apply. 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.

This position is not eligible for visa sponsorship now or in the future.

 

Global Atlantic Financial Company Employee Candidate Privacy Notice

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Voluntary Inclusion Questions

We encourage qualified applicants from all backgrounds to apply.  As such, we are committed to achieving a diverse candidate pool for open positions and that our interview teams are made up of employees from different backgrounds.  Sharing your background with us will help us with that focus, although recruiters and hiring managers will not have the ability to see individual responses (only aggregate information).  

This information is not used to determine who is selected for interviews or will be hired, but is helpful in identifying resources, sites and groups which add value in increasing our applicant pool and ensures that we attract the best and most diverse workforce.  This is purely voluntary but will help our mission to be inclusive.  

 

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Global Atlantic Financial Group - LinkedIn

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