Asset Liability Management Professional

NCSL International; Columbus (OH); Hybride; USD 118 000 - 222 000; Plein temps

Avantages offerts par ce poste

Medical/Dental/Vision

Life Insurance

Disability coverage

Paid time off

9 paid holidays

401(k) with company match

Pension plan

Business casual attire

Résumé du poste

Nationwide is seeking a seasoned Asset Liability Management Professional to lead ALM strategy development and investment risk forecasting. You will collaborate with investment teams to set long-term asset allocations and drive reporting modernization using Power BI/Tableau, while maintaining complex asset models for pricing, risk, and capital planning.

You will leverage Python, SQL, and advanced analytics to forecast Net Investment Income and support senior leadership with actionable

Qualifications

• Undergraduate degree in finance or quantitative field; graduate degree preferred.
• Experience with ALM, asset allocation, and risk management in insurance.
• Strong analytical skills and programming in Python, R, SQL or MATLAB.

Responsabilités

• Shape ALM strategies by analyzing portfolios, rates and liquidity.
• Collaborate on long-term asset allocation and risk insights.
• Lead Net Investment Income forecasting, quarterly assumptions and client deliverables.
• Drive automation of legacy models for NII forecasting and modernize reports with BI tools.
• Monitor markets to update investment assumptions for ALM tools.
• Maintain asset modeling for pricing, ALM and capital forecasting.
• Partner with senior ALM teams to add new asset classes in ALFA model.

Connaissances

ALM experience

Insurance investing

Fixed income

Alternative assets

Quant modeling

Python

R/SQL/MATLAB

Communication

CFA/FRM/ASA/FCAS

Formation

Undergraduate degree

Graduate degree preferred

Outils

Bloomberg

FactSet

MG-ALFA

GGY-AXIS

MATLAB

ADVISE

FIRM

Description du poste

As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless! Let Nationwide help create your career journey! At Nationwide®, "on your side" goes beyond just words. Our customers are at the center of everything we do and we're looking for associates who are passionate about delivering extraordinary care.

Responsibilities

• Work closely with Enterprise Portfolio Management Actuarial and Investment Risk Management to perform strategic asset liability management. Conduct portfolio optimization modeling, investment strategy development, testing, driver attribution, cash flow analysis, and duration/convexity management.
• Establish strategic asset allocation from top-down at both total portfolio level and business unit level and integrate that work with bottom-up analysis being performed within Actuarial to drive proactive decision making.
• Connect asset allocation decisions to internal risk metrics and governance limits to better inform and manage holistic risk.
• Provide management with clear balance-sheet transparency, including balance sheet risk under base and stressed conditions at business unit level and total portfolio level.
• Balance competing outcomes across return, risk, capital, liquidity, and regulatory requirements. Inform senior leadership on strategy recommendations.
• Lead modernization of ALM-related modeling framework.

Preferred Skills & Qualifications

• Experience in insurance investment strategy, institutional asset allocation, or asset liability management.
• Working knowledge of insurance product dynamics (annuities, life products, P&C) and their liability profiles. Familiarity with insurance reserve and capital frameworks (S&P capital, RBC, etc.).
• Working knowledge of fixed income and alternative asset classes.
• Strong quantitative modeling and analytical skills, with proficiency in programming languages such as Python, R, SQL, or MATLAB.
• Strong communication skills and the ability to communicate effectively with actuarial teams and asset managers, and to articulate complex quantitative concepts to senior leaders.
• Preferred professional designations (or progress toward them): CFA, FRM, or actuarial credentials (ASA/FSA/FCAS).

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.

This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.

#LI-SS1

Job Description Summary

Do you have the desire to play a critical role in driving data-and risk-based business outcomes? Nationwide has been using data to serve our members and drive business outcomes for almost 100 years. Our industry-leading workforce has a collaborative culture that delivers outstanding solutions and results. Our Risk professionals play a key role in transforming quantitative data analysis into meaningful insights that drive business results.

As a Professional on the Investment Risk Asset/Liability Management (ALM) Team, you will be an important contributor to the development of investment strategy and risk targets across the organization to help the company grow the funds necessary to serve our customers in their greatest times of need. You will leverage your investment and risk management expertise to evaluate asset classes through an ALM lens, ensuring alignment with risk, return, and liquidity objectives. You'll be a subject matter expert on investment income forecasting and will lead the automation and modernization of our reporting ecosystem for the ALM team and contribute to the maintenance and enhancements of asset modeling to support pricing, ALM, Corporate Risk Model, along with capital forecasting. You will also aid investment risk and strategy recommendations to senior leadership focusing on impact to total return, investment income, volatility, and capital. Additionally, you will assist on additional investment risk and ALM-related research projects.

Job Description

Key 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.
• Monitors capital markets to build and update investment assumptions used in ALM tools and applications. Develops and maintains assumptions, including the complex statistical analysis of historical data and trends.
• 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.
• Partners with other members of the Investment Risk-ALM and Product ALM teams to maintain investment pool assumptions and strategies, analyze new purchase cash flow, along with ensuring accurate alignment of asset terms and holdings data.
• Serves as the primary Investment Risk-ALM team representative in the ongoing enterprise platform redesign initiative by identifying and communicating ALM-related issues, providing actionable feedback, and collaborating with stakeholders to create effective solutions.
• Partners with senior members of the Investment Risk-ALM team to add new asset classes and strategies in the proprietary ALFA model to generate model results for distribution.
• Recommends adjustments to the calibration of Office of Investments' incentive performance (OIP) scorecard, using eVestment database of peer investment manager performance.

May perform other responsibilities as assigned.

Reporting Relationships

Reports to Asset Liability Management Leader

Typical Skills and Experiences

Education: Undergraduate degree in finance or quantitative field. Graduate degree preferred.

License/Certification/Designation: Chartered Financial Analyst (CFA) or actuarial designation (FSA or ASA) preferred.

Experience: 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.

Knowledge, Abilities and Skills: 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.

Other criteria, including leadership skills, competencies and experiences may take precedence.

Staffing exceptions to the above must be approved by the hiring manager's leader and Human Resource Business Partner.

Values

Regularly and consistently demonstrates Nationwide Values.

Job Conditions

Overtime Eligibility: Not Eligible (Exempt)

Working Conditions: Normal office environment with limited travel.

ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.

Benefits

• 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

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.

Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.

The national salary range for Asset Liability Management Professional : $118,000.00-$222,000.00

The expected starting salary range for Asset Liability Management Professional : $118,000.00 - $178,000.00