Financial Analyst I, Asset Liability Mangement

Jackson•Lansing, MI

About The Position

The Asset Liability Management (ALM) department works to protect Jackson's capital and its ability to cover the payouts guaranteed to its customers. To accomplish this goal, the ALM department regularly monitors Jackson's exposure to the market using financial models and manages that exposure through hedging and other risk management actions. The Financial Analyst will assist in the monitoring and risk management of Jackson's asset/liability position.

Requirements

Bachelor's Degree in finance, actuarial science, economics, mathematics, or related field of study is required.
Strong understanding of financial mathematics and modeling.
Extensive coursework and knowledge in statistics, math, economics, finance, or actuarial science.
Strong quantitative and analytical skills.
Strong problem-solving skills and attention to detail.
Effective written and verbal communication skills.
Proficiency with MS Excel and Word.
Knowledge and experience with computer programming, especially in SAS, R, or Python.
Ability to handle multiple priorities in a timely and accurate manner and adapt to changing priorities as needed.

Nice To Haves

Advanced degree (Master’s or PhD) in quantitative field preferred.
Practical knowledge of financial instruments/derivatives preferred.
In lieu of meeting the education requirements, candidates with strong quantitative experience in the fields mentioned above may also be considered.

Responsibilities

Updates and maintains financial models and hedging programs.
Develops in-depth knowledge of annuity product designs and optional benefit features as well as capital market instruments (options, swaps, futures, etc.) and hedging concepts.
Determines modeling ramifications of Jackson’s new product offerings or changes to hedging strategies.
Prepares periodic hedging reports for use in decision making by ALM management.
Assists in the model development process, including testing, validation, and implementation of new coding changes.
Assists in the operation of financial controls and model risk management.
Develops improvements to methods, procedures, and systems.
Provides research support for other departments’ information requests.
Performs ad hoc project analyses.
Performs other duties and/or projects as assigned.