Job FamilyTreasury, Capital Management and Asset Liability Management
Job Description SummaryBuild and analyze sophisticated models for insurance products, investments and/or portfolios to increase company risk adjusted returns. Leverage advanced knowledge of actuarial, financial, statistical, data science and/or balance sheet modeling analytics to develop, test and validate models for various functions within the company.
Job Description Responsibilities- Lead modeling activities on various insurance liabilities, fixed-income assets and derivatives in actuarial systems, including AXIS/ALFA/MoSes.
- Model and quantify risks including equity and interest rate sensitivities, cash flow variability, credit, alternative investment, or liquidity risks.
- Collaborate with key stakeholders from business line valuation, ALM, risk management, and financial/risk reporting etc.
- Embrace new technologies to improve workflows
- Build external or embedded controls to mitigate operating risks in workflows
- Apply risk management techniques and procedures, including the company's mandated risk methodologies.
- Gather and analyze market data, calculate hedge program or portfolio statistics and develop/use models to simulate financial reporting processes.
- Serve as a company-wide expert in multiple specialties.
- Act as subject matter resource for colleagues with less experience.
- Apply and integrate statistical, mathematical, predictive modeling and business analysis skills to manage and manipulate complex high volume data from a variety of sources.
- Lead multiple projects, with accountability for ongoing activities and objectives.
- Review the work of others, providing direction and insight on research solutions to problems presented.
- Manage advanced research projects.
- Interpret internal or external issues and recommend solutions/best practices.
- Solve complex problems; take a broad perspective to identify solutions.
- Build efficient models and processes.
- Apply judgment to modeling choices in a defensible manner.
- Assess the materiality of various modeling and data choices.
Qualifications- Bachelor's degree in a technical/quantitative discipline such as statistics, math, actuarial science, computer science, economics, engineering, or a related business field such as finance.
- Eight years of modeling experience (or six with Master's degree) with expert knowledge in two or more products such as insurance liability, asset valuation, derivatives modeling, liquidity management, machine learning, or artificial intelligence
- Five years of experience in advanced programming or actuarial systems customization
- Familiarity with asset liability management practices
- Good understanding of investment and finance concepts to creatively solve analytical problems
- Leadership skills to manage teams and projects
Preferred Qualifications- Advanced degree
- Insurance or asset/derivatives modeling experience
- Actuarial Science background
- Experience with database design and usage
- QRM or similar asset liability software
- SAS, R, SPSS or other statistical software
Working Conditions- Office Environment
- Hybrid office environment (Tuesday, Wednesday, Thursday)
- Locations: Denver, Cedar Rapids, Baltimore
Compensation
The Salary for this position generally ranges between 136,000-165,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
What We Offer For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.
Compensation Benefits
- Competitive Pay
- Bonus for Eligible Employees
Benefits Package
- Pension Plan
- 401k Match
- Employee Stock Purchase Plan
- Tuition Reimbursement
- Disability Insurance
- Medical Insurance
- Dental Insurance
- Vision Insurance
- Employee Discounts
- Career Training & Development Opportunities
Health and Work/Life Balance Benefits
- Paid Time Off starting at 160 hours annually for employees in their first year of service.
- Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
- Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
- Parental Leave - fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
- Adoption Assistance
- Employee Assistance Program
- Back-Up Care Program
- PTO for Volunteer Hours
- Employee Matching Gifts Program
- Employee Resource Groups
- Inclusion and Diversity Programs
- Employee Recognition Program
- Referral Bonus Programs
