Aflac
AVP, Asset Liability Management (ALM) Quantitative Analyst
Aflac, New York, New York, United States, 10001
AVP, Asset Liability Management (ALM) Quantitative Analyst
The Company: Aflac Asset Mgt. LLC The Location: New York City, NY, US, 10005 The Division: Global Investment Position Summary Working as a member of Aflac Global Investments (GI) and the Global Investments Risk Management (GIRM) team, participate in Asset Liability Management (ALM) strategy development and associated analytics for investment and investment related activities in Aflac's subsidiary, Aflac Asset Management LLC (AAMLLC). Collaborate with investment, actuaries and risk functional teams to ensure alignment of investment strategy with liability structures. In addition to investments, this person will also support Aflac's global reinsurance strategy. Key Relationships Reports to: Vice President, Asset Liability Management (ALM) Manager
Aflac Global Investments Risk Management Primary Relationships: GIRM team members, Quantitative Analytic Solutions team, GI information technology, GI business leaders and staff, Enterprise Risk Management and ALM team, business partners including accounting, tax, legal, actuarial, treasury Overall Responsibilities Participate in navigating complex regulatory insurance landscape and help develop internal controls around Asset Liability Management (ALM) for Aflac Asset Management, LLC and any of Aflac's subsidiaries including Aflac Asset Management of Japan and Aflac Bermuda Reinsurance. Provide advice and support for risk analysis and reporting, hedging strategies, regulatory compliance for Aflac, assisting with areas such cash management and liquidity, while optimizing capital allocation strategy(ies). Solve for key market challenges by applying both qualitative and quantitative solutions including advanced statistical analytics, risk methodology transitions, model enhancements and stress testing; consider macroeconomic and regulatory environments for financial institution. Support the development of ALM strategy based on quantitative and qualitative analysis to meet business needs. Work and develop asset and liability modeling and analytics Support economic and regulatory capital modeling and analytics Participate in presentation of oral and written analyses and concepts, including management recommendations, to senior management Collaborate with Quantitative Analytic Solutions team to support ALM strategy Collaborate with Global Risk, Japan Investment Risk Management (JIRM), Capital Modeling and Actuarial teams to support enterprise ALM initiatives Candidate Qualifications 6+ years of relevant work experience in financial services risk management (preferably life insurance), either in industry, or as a consultant Master's Degree in quantitative fields such as Financial Engineering, Mathematical Finance, Mathematics, Actuarial Science or a related major is desirable CFA, FRM, Actuarial credentials (ASA or FSA) or similar investment risk management credentials a plus Strong model development experience in programming languages such as Python, C# and VBA is a must Experience modeling public and private fixed income asset classes, public and private equity, derivatives and alternatives is desirable Knowledge of asset liability management (ALM), capital management, liquidity management, forecasting and regression testing to support new ALM methodologies Knowledge of statistics and its application to the financial services industry Life insurance actuarial modeling and implementation experience is a plus, as is familiarity with life insurance company financial statements Strong analytical and critical thinking skills is a must Strong verbal and written communication skills Highly organized with the ability to work on multiple projects with different deadlines Team player Aflac Global Investments' hybrid working environment requires a minimum of 3 days in the office each week The range on this position is: $100,000 to $210,000 This compensation range is specific to the job level and takes into account the wide range of factors that are considered in making compensation decisions including, but not limited to: education, experience, licensure, certifications, geographic location, and internal equity. The range has been created in good faith based on information known to Aflac at the time of the posting. Compensation decisions are dependent on the circumstances of each case. This salary range does not include any potential incentive pay or benefits, however, such information will be provided separately when appropriate. In addition to the base salary, we offer an array of benefits to meet your needs including medical, dental, and vision coverage, prescription drug coverage, health care flexible spending, dependent care flexible spending, Aflac supplemental policies, 401(k) plans, and generous paid time off. You'll also be granted time off for designated paid holidays and other leaves of absence, if eligible, when needed to support your physical, financial, and emotional well-being. Aflac complies with all applicable leave laws, including, but not limited to sick, adoption and parental leave, in all states and localities. We will consider for employment all qualified applicants, including those with a criminal history, in a manner consistent with the requirements of all applicable federal, state, and local laws, including the Los Angeles Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the New York City Fair Chance Act. Applicants with criminal histories are encouraged to apply.
The Company: Aflac Asset Mgt. LLC The Location: New York City, NY, US, 10005 The Division: Global Investment Position Summary Working as a member of Aflac Global Investments (GI) and the Global Investments Risk Management (GIRM) team, participate in Asset Liability Management (ALM) strategy development and associated analytics for investment and investment related activities in Aflac's subsidiary, Aflac Asset Management LLC (AAMLLC). Collaborate with investment, actuaries and risk functional teams to ensure alignment of investment strategy with liability structures. In addition to investments, this person will also support Aflac's global reinsurance strategy. Key Relationships Reports to: Vice President, Asset Liability Management (ALM) Manager
Aflac Global Investments Risk Management Primary Relationships: GIRM team members, Quantitative Analytic Solutions team, GI information technology, GI business leaders and staff, Enterprise Risk Management and ALM team, business partners including accounting, tax, legal, actuarial, treasury Overall Responsibilities Participate in navigating complex regulatory insurance landscape and help develop internal controls around Asset Liability Management (ALM) for Aflac Asset Management, LLC and any of Aflac's subsidiaries including Aflac Asset Management of Japan and Aflac Bermuda Reinsurance. Provide advice and support for risk analysis and reporting, hedging strategies, regulatory compliance for Aflac, assisting with areas such cash management and liquidity, while optimizing capital allocation strategy(ies). Solve for key market challenges by applying both qualitative and quantitative solutions including advanced statistical analytics, risk methodology transitions, model enhancements and stress testing; consider macroeconomic and regulatory environments for financial institution. Support the development of ALM strategy based on quantitative and qualitative analysis to meet business needs. Work and develop asset and liability modeling and analytics Support economic and regulatory capital modeling and analytics Participate in presentation of oral and written analyses and concepts, including management recommendations, to senior management Collaborate with Quantitative Analytic Solutions team to support ALM strategy Collaborate with Global Risk, Japan Investment Risk Management (JIRM), Capital Modeling and Actuarial teams to support enterprise ALM initiatives Candidate Qualifications 6+ years of relevant work experience in financial services risk management (preferably life insurance), either in industry, or as a consultant Master's Degree in quantitative fields such as Financial Engineering, Mathematical Finance, Mathematics, Actuarial Science or a related major is desirable CFA, FRM, Actuarial credentials (ASA or FSA) or similar investment risk management credentials a plus Strong model development experience in programming languages such as Python, C# and VBA is a must Experience modeling public and private fixed income asset classes, public and private equity, derivatives and alternatives is desirable Knowledge of asset liability management (ALM), capital management, liquidity management, forecasting and regression testing to support new ALM methodologies Knowledge of statistics and its application to the financial services industry Life insurance actuarial modeling and implementation experience is a plus, as is familiarity with life insurance company financial statements Strong analytical and critical thinking skills is a must Strong verbal and written communication skills Highly organized with the ability to work on multiple projects with different deadlines Team player Aflac Global Investments' hybrid working environment requires a minimum of 3 days in the office each week The range on this position is: $100,000 to $210,000 This compensation range is specific to the job level and takes into account the wide range of factors that are considered in making compensation decisions including, but not limited to: education, experience, licensure, certifications, geographic location, and internal equity. The range has been created in good faith based on information known to Aflac at the time of the posting. Compensation decisions are dependent on the circumstances of each case. This salary range does not include any potential incentive pay or benefits, however, such information will be provided separately when appropriate. In addition to the base salary, we offer an array of benefits to meet your needs including medical, dental, and vision coverage, prescription drug coverage, health care flexible spending, dependent care flexible spending, Aflac supplemental policies, 401(k) plans, and generous paid time off. You'll also be granted time off for designated paid holidays and other leaves of absence, if eligible, when needed to support your physical, financial, and emotional well-being. Aflac complies with all applicable leave laws, including, but not limited to sick, adoption and parental leave, in all states and localities. We will consider for employment all qualified applicants, including those with a criminal history, in a manner consistent with the requirements of all applicable federal, state, and local laws, including the Los Angeles Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the New York City Fair Chance Act. Applicants with criminal histories are encouraged to apply.