Asset Liability Management Professional

About the role

The hired associate must reside within 35 miles of the following location: Columbus: One Nationwide Plaza, Columbus OH, 43215. Work schedule: 3 days in office, 2 days remote.

Responsibilities

• Shapes ALM strategies by analyzing investment portfolios, interest rate risks, and liquidity needs to optimize balance sheet performance.
• Collaborates with investment teams to assess long-term asset allocation, evaluate long-term trends, and provide insights on investment risks and opportunities as they relate to ALM objectives.
• Leads the Net Investment Income forecasting process for the Investment Risk-ALM team that includes, but not limited to, preparing and reviewing quarterly forecast assumptions (prepayments, rates, spreads, and investment pool strategies), preparing new money rate assumptions, and leading client-specific deliverables.
• Leads the automation and modernization of legacy models for Net Investment Income forecasting by designing and implementing scalable solutions. This includes modernizing the reporting structures for client deliverables using Power BI/Tableau.
• Maintains and enhances asset modeling to support pricing, ALM, Corporate Risk Model, and investment income and capital forecasting, such as Operating Plan, Strategic Plan, etc. Utilizes deep knowledge of all types of investments on the balance sheet as well as maintenance of complex models of prepayments / cash flow risk, interest rate risk, credit risk [migration/defaults], equity market risk, inflation risk, etc.
• Promotes investment risk and strategy recommendations to senior leadership focusing on impact to total return, investment income, volatility, and capital.
• Aids on additional investment risk and ALM-related research projects.

Requirements

• Undergraduate degree in finance or quantitative field. Graduate degree preferred.
• Chartered Financial Analyst (CFA) or actuarial designation (FSA or ASA) preferred.
• Typically, 5 or more years of experience in investments and/or previous insurance company experience. Experience in investments and Asset Liability Management strongly desired and will consider experience in investment risk management. Experience in fixed income, equity, alternative, and derivative asset class concepts and relationships gained through investment management role.
• Experience with Python and SQL. Experience with advanced analytical tools (Bloomberg, FactSet, FIRM, ADVISE, MG-ALFA, GGY-AXIS, MATLAB, etc.) is a plus.

Qualifications

• Working knowledge of data related python packages (pandas and numpy), basic object-oriented programming, and data processing.
• Deep understanding of capital markets, risk management, insurance products, and insurance capital frameworks (regulatory and rating agency).
• 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.
• Ability to apply financial knowledge and methods to address investment questions and facilitate improved decision making.
• Knowledge of related accounting, and tax concepts is beneficial. Knowledge of insurance and financial services products.

Skills

• Python
• SQL
• Bloomberg
• FactSet
• ADVISE
• MG-ALFA
• GGY-AXIS
• Matlab

Benefits

We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.

Pay

$118,000.00 - $222,000.00

Schedule

3 days in office, 2 days remote.