CNO Financial Group
Senior Managing Actuary, ALM - REMOTE
CNO Financial Group, Carmel, Indiana, United States, 46033
Senior Managing Actuary – ALM
CNO Financial Group is hiring a Senior Managing Actuary – ALM to work with 40|86, Actuarial and Finance to lead the company’s asset‑liability management activities, including the development and implementation of strategies to manage interest rate risk and hedge market risks embedded in our products.
Base Pay Range $170,200.00 – $255,200.00 per year
Additional Compensation Annual bonus available; position is bonus eligible.
Responsibilities
Managing the company’s ALM risks in coordination with 40|86, Actuarial and Finance.
Developing and maintaining programs required for managing A‑L risk, including programs for measuring liability duration and hedging the Fixed Indexed Annuity and Indexed Universal Life products.
Supporting Actuarial Valuation for investment‑related needs, including development and maintenance of asset models for cash‑flow testing and the creation of investment and market‑related assumptions used in reserving.
Supporting Finance with the development and maintenance of a program to allocate Net Investment Income and related analyses.
Supporting corporate initiatives including M&A and reinsurance.
Engaging with the Investment and ALM Committee and the Investment Committee of the Board of Directors as directed by the Chief Investment Officer.
Managing 1‑2 direct reports in the completion of their assigned duties.
Qualifications
Highly proficient in ALM, including hedging and duration management.
Possess strong investment knowledge, including modeling.
Demonstrate the ability to solve challenging technical problems.
Have knowledge of life, health, and/or annuity products.
Proficient with Actuarial modeling systems, including Poly, Excel, VBA, and/or BondEdge.
Possess an Associateship in the Society of Actuaries.
What You’ll Need
Bachelor’s degree in Actuarial Science, Mathematics, or a related field.
Associate of the Society of Actuaries (ASA).
10 years of relevant actuarial experience.
Preferred Qualifications
Fellow of the Society of Actuaries (FSA), Finance and Investment Track.
5 or more years of ALM experience.
Willingness to work Central or Eastern time zone business hours.
Benefits
Medical, dental, and vision insurance.
401(k) retirement plan with company match.
Short‑term and long‑term disability insurance.
Paid time‑off and corporate holidays.
Paid parental leave.
Location: Full‑time remote within the United States, with a requirement to work Central or Eastern time zone business hours. Associates living within a 60‑mile radius of a corporate office may work on‑site as needed.
We are an equal‑opportunity employer. CNO provides reasonable accommodation for individuals with disabilities and respects all applicable employment laws. For more information, visit CNOinc.com.
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Base Pay Range $170,200.00 – $255,200.00 per year
Additional Compensation Annual bonus available; position is bonus eligible.
Responsibilities
Managing the company’s ALM risks in coordination with 40|86, Actuarial and Finance.
Developing and maintaining programs required for managing A‑L risk, including programs for measuring liability duration and hedging the Fixed Indexed Annuity and Indexed Universal Life products.
Supporting Actuarial Valuation for investment‑related needs, including development and maintenance of asset models for cash‑flow testing and the creation of investment and market‑related assumptions used in reserving.
Supporting Finance with the development and maintenance of a program to allocate Net Investment Income and related analyses.
Supporting corporate initiatives including M&A and reinsurance.
Engaging with the Investment and ALM Committee and the Investment Committee of the Board of Directors as directed by the Chief Investment Officer.
Managing 1‑2 direct reports in the completion of their assigned duties.
Qualifications
Highly proficient in ALM, including hedging and duration management.
Possess strong investment knowledge, including modeling.
Demonstrate the ability to solve challenging technical problems.
Have knowledge of life, health, and/or annuity products.
Proficient with Actuarial modeling systems, including Poly, Excel, VBA, and/or BondEdge.
Possess an Associateship in the Society of Actuaries.
What You’ll Need
Bachelor’s degree in Actuarial Science, Mathematics, or a related field.
Associate of the Society of Actuaries (ASA).
10 years of relevant actuarial experience.
Preferred Qualifications
Fellow of the Society of Actuaries (FSA), Finance and Investment Track.
5 or more years of ALM experience.
Willingness to work Central or Eastern time zone business hours.
Benefits
Medical, dental, and vision insurance.
401(k) retirement plan with company match.
Short‑term and long‑term disability insurance.
Paid time‑off and corporate holidays.
Paid parental leave.
Location: Full‑time remote within the United States, with a requirement to work Central or Eastern time zone business hours. Associates living within a 60‑mile radius of a corporate office may work on‑site as needed.
We are an equal‑opportunity employer. CNO provides reasonable accommodation for individuals with disabilities and respects all applicable employment laws. For more information, visit CNOinc.com.
#J-18808-Ljbffr