Senior Asset Liability Management Professional
| Company | Nationwide |
|---|---|
| Location | Columbus, OH, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior |
Requirements
- Undergraduate degree in finance or quantitative field
- Graduate degree preferred
- Chartered Financial Analyst (CFA) or actuarial designation (FSA or ASA) preferred
- Typically eight or more years of experience in investments and/or previous insurance company experience
- Experience with ALM and/or investment risk management is preferred
- Understands fixed income, equity, alternative, and derivative asset class concepts and relationships
- Knowledge of insurance and financial services products
- Exceptional analytical, critical thinking, and problem-solving capabilities
- Excellent written and verbal communication skills
- Team oriented
- Composed and decisive under pressure or when challenged
- Driven, self-motivated, and inquisitive
- Creative, organized, responsive, and detail oriented
- Able to apply financial knowledge and methods to address investment questions and facilitate improved decision making
- Deep understanding of capital markets, risk management, insurance products, and insurance capital frameworks (regulatory and rating agency)
- Knowledge of related accounting, and tax concepts is beneficial
- Experience with advanced analytical tools (MG-ALFA, GGY-AXIS, FIRM, ADVISE, MATLAB, FactSet, Bloomberg, etc.) is a plus
Responsibilities
- Maintains and enhances asset modeling to support pricing, ALM, Corporate Risk Model, and investment income and capital forecasting
- Owner of several Tier I models for the enterprise
- Key contributor to Asset Adequacy Testing (AAT)
- Applies in-depth knowledge of complex assets, including structured products and alternative assets, to determine which models to build versus which to source externally
- Develops ongoing strategic asset allocation studies for Property & Casualty, Nationwide Retirement Plan, Nationwide retiree medical [401(h)] plan, and/or Nationwide’s charitable foundation
- Builds communication materials on investment strategy, risk limit recommendations, and periodic performance updates to senior leadership / governing bodies for each client
- Partners with Nationwide Financial (NF) to set investment risk management guidelines, targets, and limits for insurance and annuity products sold by NF
- Collaborates with Enterprise Portfolio Management and Asset Management to provide representative investment strategies to NF to support pricing, ALM, Corporate Risk Model, and investment income forecasting
- Monitors capital markets to build and update investment assumptions used in ALM tools and applications
- Creates annual fund-of-funds asset allocation modeling for NF IMG team
- Recommends adjustments to the calibration of Office of Investments’ incentive performance (OIP) scorecard
Preferred Qualifications
- Graduate degree preferred
- Experience with ALM and/or investment risk management is preferred
- Experience with advanced analytical tools (MG-ALFA, GGY-AXIS, FIRM, ADVISE, MATLAB, FactSet, Bloomberg, etc.) is a plus