ALM Lead

ALM Lead ALM Lead locations Lansing, MI time type Full time posted on Posted 2 Days Ago job requisition id

REQ-03791

If you are an internal associate, please login to Workday and apply through Jobs Hub. Job Purpose 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 risk exposure using financial models and manages that exposure through hedging and other risk management actions. The ALM Lead has technical expertise to perform highly complex analyses that support and improve the monitoring and risk management of Jackson's asset/liability position. In addition, the ALM Lead will be responsible for improving the efficiency and accuracy of the ALM Department's financial models and their underlying processes. Essential Responsibilities Responsible for performing critical analyses that support asset/liability management decisions such as hedging, asset allocation etc. Independently builds and enhances complex financial models related to areas such as variable annuity guarantees, fixed index annuity guarantees, derivatives and fixed income assets. Assists ALM department in implementing techniques that improve model design, output accuracy, and process efficiency. Prepares weekly and monthly analyses for use in decision making by the ALM department or reporting to the Asset Liability Committee (ALCO). Prepares technical papers and presentations to support senior management decisions. Anchors or supports project management of key cross functional projects involving other functions such as Actuarial, Investment Management, Information Technology and Finance. 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. Reviews work product of less experienced analysts and provides training, as necessary. Other Duties Provides support for other departments' information requests. Performs other duties and/or projects as assigned. Knowledge, Skills and Abilities Excellent understanding of financial mathematics and modeling. Strong knowledge of actuarial principles and methodologies underlying insurance liability valuations. Strong knowledge of financial instruments/derivatives. Strong analytical and problem-solving skills with the ability to effectively resolve complex problems and issues. Ability to handle multiple priorities in a timely and accurate manner and adapt to changing priorities as needed. Strong verbal and written communication skills especially when articulating technical concepts in a compelling manner to engage both technical and non-technical audiences. Ability to establish and build effective relationships within and outside the organization. Proficiency with computer programming languages, MS Excel and MS Word. Qualifications Bachelor's Degree in finance, actuarial science, economics, mathematics, or related field of study required. Master's Degree or PhD or professional certifications (e.g.

CFA, ASA/FSA

) preferred. 5+ years experience in a