Sr. Financial Analyst, Asset Liability Management

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 statistical models and manages that exposure through hedging and other risk management actions. The Sr. Analyst, General Account Assets will perform high-level, complex analysis in the modeling and risk management of Jackson's general account asset holdings. The primary focus for this position will be the modeling of assets and supporting the various ALFA actuarial models.

Requirements

Excellent 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.
Knowledge and experience with computer programming.
Ability to handle multiple priorities in a timely and accurate manner and adapt to changing priorities as needed.
Bachelor's Degree in finance, actuarial science, economics, mathematics, or related field of study required.
3+ years years of experience in a similar role performing complex statistical, economic, or financial analysis required.
1+ years of similar experience with a PhD required.

Nice To Haves

Strong knowledge of financial instruments/derivatives preferred.
Master's Degree or PhD in quantitative field preferred.

Responsibilities

Independently performs modeling of general account assets.
Determines modeling ramifications of Jackson’s general account asset holdings.
Utilizes in-depth knowledge of annuity product designs and optional benefit features as well as capital market instruments (options, swaps, futures, etc.) and hedging concepts.
Assists in preparation of quarterly asset reports.
Implements programming code changes as part of the model development process.
Assists in the testing/validation of model changes.
Implements improvements to asset models, methods, procedures and systems.
Independently models assets for use in the MG-ALFA system.
Utilizes in-depth knowledge of asset structures, characteristics and features.
Reviews work product of less experienced analysts and provides training, as necessary.
Provides research support for other departments’ information requests.
Performs ad hoc project analyses.
Performs other duties and/or projects as assigned.