Sr Director, Asset Liability Management
About The Position
The Sr Director, Asset Liability Management leads a multidisciplinary team that applies advanced quantitative, actuarial, financial, and technical expertise to model, measure, and manage the risks and returns of the organization’s assets and liabilities on an integrated basis. The role oversees the design, development, and maintenance of models, tools, and analytical frameworks used to value investments, project asset and liability behavior, and evaluate financial performance and risks across a range of economic and market environments. It translates analytical insights into investment, hedging, and product design strategies to optimize financial outcomes and improve decision-making for clients and the enterprise. The role defines ALM risk and performance measures, leads stress testing and optimization, and owns interest-rate risk for the enterprise balance sheet. It collaborates with senior management on ALM and modeling strategies, applies quantitative and actuarial capabilities—including AI—to develop investment, risk, and product strategies, and works across teams on portfolio allocations for new initiatives and products. It also oversees model monitoring and reporting, liability crediting optimization, and strategic financial analyses, while managing and developing team members.
Requirements
- At least 8 years of asset-liability management, financial engineering, investment management, actuarial, modeling, or other quantitative experience.
- Outstanding quantitative and technical skills, including the ability to interpret financial, market, and economic data and draw accurate conclusions.
- Excellent problem-solving and analytical skills, detail orientation, independent and creative thinking, and time-management and organizational skills.
- Strong technical and coding skills, including Excel, VBA, Python, PowerPoint, and artificial intelligence skills.
Nice To Haves
- At least 10 years of asset-liability management, financial engineering, investment management, actuarial, modeling, or other quantitative experience.
- Advanced degree in a quantitative field.
- Investment management and liability-driven asset allocation experience.
- 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
- Define asset-liability management risk and performance metrics, including economic capital, effective duration gap, and risk-adjusted return, and propose strategies to improve asset-liability performance.
- Lead stress testing and optimization and report findings to senior leadership and governance committees.
- Own interest-rate risk for the enterprise balance sheet; recommend asset and liability strategies to manage and hedge interest-rate and other financial risks; review rating-agency treatment and capital requirements; and provide subject-matter expertise across the organization under relevant regulatory regimes.
- Collaborate with senior management to define ALM and modeling strategies that support growth, financial performance, and risk-management goals.
- Apply advanced actuarial, analytical, and quantitative skills, including current technologies and AI capabilities, to develop investment, risk, and product strategies that enhance financial outcomes and achieve ALM goals.
- Work with various teams to devise and test investment allocations and target portfolio compositions for new initiatives and products.
- Lead implementation of AI initiatives to improve the efficiency and sophistication of ALM analytics and financial performance.
- Oversee model performance monitoring and reporting, and lead discussions with Model Risk Management, Internal Audit, regulators, and rating agencies.
- Manage liability crediting optimization efforts and provide ALM expertise for enterprise strategic initiatives.
- Produce and present financial analyses and recommendations to executive leadership for key decisions.
- Manage team performance through regular, timely feedback and formal performance reviews to support engagement, team-member development, and strong results.
Benefits
- Superior retirement program.
- Competitive health, wellness, and work-life offerings.
- Compensation may include participation in an incentive program linked to performance.
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What This Job Offers
Job Type
Full-time
Career Level
Director
Education Level
No Education Listed
