Investment Professional - Strategic Asset Allocation

Nationwide Mutual Insurance•Columbus, OH

28d•Hybrid

About The Position

As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless! Let Nationwide help create your career journey! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care. Location: On-site/Hybrid in Columbus, OH Job Summary: The Client Advisory Services – Pricing team works closely with portfolio and risk managers to connect the Office of Investments with life and annuity product pricing. We use creativity and investment and insurance product knowledge to evaluate new asset purchases for both new and existing Nationwide Financial products. We are highly collaborative and strategic, often managing many different objectives and technical perspectives. The ideal candidate will be skilled at complex and ambiguous quantitative problem-solving and an excellent communicator. This role offers the opportunity to be influential at a high level of organizational strategy and perform innovative analysis in the rapidly evolving fixed income industry. This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program. This position will be hired on a SuccessFlex basis. The hired associate must reside within 35 miles of the following location: Columbus: One Nationwide Plaza, Columbus OH, 43215 Work schedule: 3 days in office, 2 days remote. Job Description Summary Our team provides client services related to Investment Management, Strategy and Asset/Liability Management (ALM). We create, maintain, and communicate asset allocation models to support and optimize product pricing strategies. Analysis is responsive to real time changes in market conditions to achieve the best results for clients. The Investment Professional analyzes and maintains ALM models and investment policies to support optimal investment allocations to support product pricing.

Requirements

Bachelor’s degree in Finance or related field.
6 to 8 years of investment experience in asset/liability management (ALM), enterprise risk management (ERM), or similar field.
Proven analytical ability combined with an excellent attention to detail
Knowledge of fixed income securities, including corporate bonds, CMO, MBS, ABS and commercial mortgage loans
Understanding of prepayment and default models
Proficiency with database tools and spreadsheets, specifically Access and Excel
Experience with fixed income portfolio modeling software
Experience with economic capital and rating agency capital requirements of various asset classes
Knowledge of econometric models and time series analysis as applied to economic analysis and financial/capital markets

Nice To Haves

MBA preferred.
CFA designation or work toward designation preferred.

Responsibilities

Works independently, may require guidance on more complex judgements.
Has an advanced understanding of Asset/Liability Management (ALM) and Strategic Asset Allocation (SAA).
Assigned to small-mid, less complex accounts.
Provide support and analysis for ALM models.
Analyze and recommend changes to investment policy targets and limits.
Build tools to evaluate reasonableness of models across stochastic scenarios.
Perform and streamline historical economic and market studies for use in ALM models.

Benefits

medical/dental/vision
life insurance
short and long term disability coverage
paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date
nine paid holidays
8 hours of Lifetime paid time off
8 hours of Unity Day paid time off
401(k) with company match
company-paid pension plan
business casual attire