Mgr, Asset Liability Management
About The Position
The Asset Liability Management role applies advanced quantitative, actuarial, financial, and AI expertise to model, measure, and assist with managing risk and return of the organization's assets and liabilities on an integrated basis. This role helps to design, build, and maintain the models, tools, and analytical frameworks used to value investments, project asset and liability behavior, and evaluate performance and risk across a wide range of economic and market environments, and then help to translate these insights into investment, hedging, and product design strategies that optimize financial outcomes and strengthen decision-making for our clients and the enterprise.
Requirements
- Bachelor's Degree Required
- 5+ Years Required; 7+ Years Preferred
- 5+ years of ALM and/or Actuarial experience
Nice To Haves
- 7+ years of ALM and/or Actuarial experience
- Advanced degree in quantitative field
- Outstanding quantitative and technical skills with ability to interpret and draw accurate conclusions from financial, market and economic data
- Investment management and liability-driven asset allocation experience
- Strong technical and coding skills including Excel, VBA, Python, PowerPoint and artificial intelligence skills
- Excellent problem solving and analytical skills, detail-oriented, independent and creative thinking, time management and organizational skills
- FSA and/or CFA
- Annuity, pension, or other insurance product experience
- Experience with stress testing, economic capital and asset strategies
- Experience with capital markets, various asset classes and economic scenario generation
- Experience with reinsurance
- Experience with internal audit and other regulatory reviews
Responsibilities
- Measures, monitors, and reports Asset Liability Management (ALM) risk metrics (Economic Capital, Effective Duration Gap, etc.) and assists with stress testing of economic conditions and participant activity to analyze potential vulnerability to the organization.
- Designs, implements, and enhances pricing and risk models across diverse asset classes.
- Builds and enhances model performance-monitoring and reporting tools (including back testing) and performs user acceptance testing.
- Analyzes and calibrates of liability crediting strategies that factor in the firm's capital strength and enhances client returns.
- Develops and maintains various tools for model-output analysis, scenario-data handling, and risk/return calculations.
- Leads model configuration and production for projects and business operations.
- Prepares documentation for Model Risk Management, Internal Audit, and regulators/rating agencies.
- Collaborates with stakeholders on pricing and risk inquiries.
- Solves complex and ambiguous ALM challenges with limited guidance.
Benefits
- superior retirement program
- highly competitive health, wellness and work life offerings
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Manager
