Associate Analyst, Financial Planning & Analysis - Capital Management

National Life Insurance Company • Addison, TX

8d • Onsite

About The Position

The Associate Analyst, Capital Management supports capital forecasting, regulatory capital reporting, and capital analysis activities for National Life Group. This role is responsible for running and maintaining capital forecasting models, validating quarterly capital results, preparing analysis and presentation materials, and supporting scenario and sensitivity work used to evaluate current and future capital positions. The ideal candidate is analytical, detail-oriented, and comfortable working in a fast-paced finance environment with changing priorities and some ambiguity. This individual should be able to meet reporting deadlines, collaborate effectively with internal partners, and apply sound judgment when reviewing model outputs, capital impacts, and related financial analysis.

Requirements

• Bachelor’s degree in Finance, Actuarial Studies, or a similar quantitative field.
• 3 or more years of related experience in finance, actuarial, capital management, risk management, or a similar analytical field.
• Strong analytical skills with the ability to work in a fast-paced finance environment.
• Ability to adapt to a changing environment and work through ambiguity.
• Ability to meet deadlines for recurring reporting and analysis.
• Proficiency in Microsoft Office, including advanced use of Excel and working knowledge of Word.
• Ability to collaborate effectively with others.
• Leverage approved AI tools, where appropriate, to improve the efficiency, quality, and impact of their work.
• Stay curious and open to new AI-enabled ways of working.
• Exercise sound judgment by reviewing and validating AI-generated content.
• Maintain accountability for the accuracy, quality, fairness, and integrity of work products by adhering to National Life’s AI guiding principles.
• Use AI responsibly and in accordance with company policies related to confidentiality, data privacy, security, compliance, retention and intellectual property.

Nice To Haves

• Experience with capital forecasting, RBC, S&P capital models, ORSA, or Group Capital Calculation processes.
• Experience preparing financial analysis, model outputs, or presentation materials for management or governance meetings.
• Experience working with insurance, financial services, risk management, or actuarial teams.
• Strong process documentation and model improvement skills.

Responsibilities

• Run the Capital Forecasting Model on a quarterly and as-needed basis, including model population, error checking, translating results, and preparing presentation materials.
• Improve capital model efficiency and reporting capabilities on an ongoing basis.
• Document capital management processes and procedures.
• Assist in the preparation of quarterly RBC and S&P capital results, including validating results and developing waterfalls.
• Help develop quarter-end and year-end roll-forward forecasts of NLIC, LSW, and S&P AAA and AA capital levels based on known factors.
• Perform impact analysis of proposed capital charge changes for RBC and S&P models.
• Assist Risk Management in developing ORSA sensitivities and scenarios on an annual basis.
• Complete the Group Capital Calculation and file with the NAIC on an annual basis.
• Work with internal partners to accurately capture RBC and S&P capital impacts of proposed capital strategies, including reinsurance, non-admitted assets, and block sales.
• Provide support for capital management, board, and IRC meetings.
• Perform ad hoc analysis as requested to determine impacts on current and future capital positions.
• All other duties as assigned.

Benefits

• Base Pay Range $64,125 - $94,050 USD
• Full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave)
• Discretionary annual incentive programs

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level