2025 Risk Modeling Intern
Posted:
10/24/2024, 7:51:12 AM
Location(s):
New York, New York, United States ⋅ New York, United States
Experience Level(s):
Internship
Field(s):
Software Engineering
COMPANY OVERVIEW
Global Atlantic Financial Group is a leading insurance company meeting the retirement and life insurance needs of individuals and institutions. With a strong financial foundation and risk and investment management expertise, the company delivers tailored solutions to create more secure financial futures. The company's performance has been driven by its culture and core values focused on integrity, teamwork, and the importance of building long-term client relationships. Global Atlantic is a wholly-owned subsidiary of KKR, a leading global investment firm. Through its relationship, the company leverages KKR's investment capabilities, scale and access to capital markets to enhance the value it offers clients. KKR's parent company is KKR & Co. Inc. (NYSE: KKR).
The Global Atlantic & KKR Partnership Story
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Risk Modeling Intern, Risk
The Risk Modeling Intern will join Global Atlantic’s New York-based Risk organization for an immersive 10-week summer internship experience.
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
- Assist enhancement of the risk modelling’s production infrastructure and help automate the production reporting
- Conduct static and dynamic validations
- Collaborate both with the Actuarial, Product Development, Institutional business
Experience and 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 2025 or May 2026
- 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
- Ability and willingness to take ownership of projects
- Ability to work independently and excel in a dynamic, exciting, and fast-paced environment
This position is not eligible for visa candidates now or in the future.
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 yearly compensation and will be paid for 10 weeks during the program. Intern Salary is just one component of Global Atlantic’s total compensation package for interns. Other rewards may include an intern cash stipend, employee contributions to a 401(k), as well as a company match on your contributions, and branded gifts. The Intern Salary for this role is $110,000.
#LI-BB1
TOTAL REWARDS STATEMENT
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 you during your internship with a 401k match program with immediate vesting (with the exception of Bermuda), competitive compensation, and a stipend to support your experience.
Over the 10 weeks you will be immersed in an inclusive environment with opportunities to participate in:
- Days of Inclusion
- DE&I Challenge
- National Intern Day Celebration
- Weekly Business Overviews and fireside chats with leaders
- Social events
- and more!
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 GA’s 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 [email protected].
Discover more about Global Atlantic below:
2023 Corporate Responsibility Report
Careers Video Channel
Follow Global Atlantic on LinkedIn
Global Atlantic 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 [email protected]
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.
Global Atlantic
Website: https://www.globalatlantic.com/
Headquarter Location: Atlanta, Georgia, United States
Employee Count: 501-1000
Year Founded: 2004
IPO Status: Private
Last Funding Type: Private Equity
Industries: Financial Services ⋅ Insurance ⋅ Life Insurance