About Global Atlantic
Global Atlantic is a leading provider of retirement security and investment solutions with operations in the U.S., Bermuda, and Japan. As a wholly-owned subsidiary of KKR (NYSE: KKR), a leading global investment firm, Global Atlantic combines deep insurance expertise with KKR’s powerful investment capabilities to deliver long-term financial security for millions of individuals worldwide. With a broad suite of annuity, preneed life insurance, reinsurance, and investment solutions, Global Atlantic, through its issuing companies, helps people achieve their financial goals with confidence. For more information, please visit www.globalatlantic.com.
POSITION OVERVIEW
The Risk Modeling Intern will join Global Atlantic’s New York-based Risk organization for an immersive 10-week summer internship experience.
RESPONSIBILITIES
The Intern will work closely with other members of the risk team
- Assist and get exposure to liability modeling in R3S (formerly known as IBM’s Algo Financial Modeler) for building out liability models for new products or new institutional deals
- Help with identifying risks embedded in different liabilities by stressing insurance / liability assumptions / market conditions
- Assist enhancement of the risk modelling’s production infrastructure and help automate/improve the production reporting
- Conduct static and dynamic validations
- Collaborate with different functional teams such as Valuation, Product Development, Institutional business
QUALIFICATIONS
- Pursuing a bachelor’s/master’s degree in a quantitative discipline such as Actuarial Science, Statistics, Mathematics, Computer Science with a graduation date of December 2026 or May 2027
- Exceptional analytical abilities and the eagerness to learn
- Demonstrated skills in Microsoft Office suite, specifically Excel
- Experience with SAS, Python, VBA or other programming preferred
- Understanding of Insurance products and Actuarial Science knowledge preferred
- Ability and willingness to take ownership of projects and communicate to different stakeholders
- Ability to work independently and excel in a dynamic, exciting, and fast-paced environment
Various jurisdictions have passed pay transparency laws that require companies provide salary ranges for any positions for which they are accepting applications.
Global Atlantic’s Intern Salary is determined through an analysis of similar positions in the external labor market. The Intern Salary is based on an annual rate and will be pro-rated for the 10 weeks of employment. Intern Salary is just one component of Global Atlantic’s total compensation package for interns. The Intern Salary for this role is $110,000.
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.
