Asset Liability Manager

Aquarian Holdings LLC.; New York (NY); On-site; USD 210,000 - 230,000; Full time

Job summary

An established industry player is seeking an Asset Liability Manager to optimize asset-liability alignment within their insurance division. This pivotal role involves developing risk management strategies, conducting financial analysis, and collaborating with multiple teams to manage the balance sheet effectively. The ideal candidate will have extensive experience in asset-liability management and strong analytical skills, ensuring compliance with regulatory standards while driving strategic initiatives. Join this dynamic firm and contribute to shaping its financial future through innovative risk management solutions and insightful decision-making.

Qualifications

• 10+ years of experience in asset-liability management or investment risk management.
• Strong proficiency in financial modeling and risk analytics.

Responsibilities

• Develop and execute risk management strategies across various risks.
• Monitor and manage risks including interest rates and liquidity.
• Prepare detailed reports on ALM activities and risk exposures.

Skills

Financial Modeling

Risk Analytics

Scenario Analysis

Data-Driven Decision Making

Communication Skills

Analytical Skills

Education

Bachelor’s degree in Finance, Economics, Actuarial Science

Master’s degree or CFA/FRM designation

Tools

Excel

ALM software (e.g., QRM, Bloomberg)

Job description

Join to apply for the Asset Liability Manager role at Aquarian Holdings

This range is provided by Aquarian Holdings. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$210,000.00/yr - $230,000.00/yr

Aquarian is a diversified global holding company with a strategic portfolio of insurance and asset management solutions.

The Role

The Asset Liability Manager (ALM) will be responsible for developing, implementing, and managing strategies to optimize the alignment of assets and liabilities within the Aquarian Insurance Holdings division of Aquarian Holdings. This role involves analyzing the company's financial position, designing strategies to mitigate risk from interest rate fluctuations, liquidity constraints, and other market variables. Reporting to the Chief Investment Officer of Aquarian Insurance Holdings, the ALM will collaborate closely with investment management, actuarial, finance, and risk management teams to ensure effective management of the balance sheet.

Specific responsibilities of the role include:

• Develop and execute risk management strategies across rates, currencies, credit, and other risks to optimize risk-adjusted returns while ensuring that the asset portfolio adequately supports liabilities from insurance contracts.
• Monitor and manage risks including interest rates, liquidity, currencies, duration / KRD, convexity and cash flow gaps between assets and liabilities.
• Implement collateral management programs to address margining requirements.
• Oversee external vendors responsible for index and other hedging programs.
• Negotiate documentation (ISDAs, repackaged note documentation, etc.) required to execute hedging strategies.
• Assist in the management and optimization of capital, solvency, and reserving requirements, ensuring compliance with regulatory requirements and internal risk management policies.
• Perform scenario testing, stress testing, and sensitivity analysis to assess the potential impact of various financial and economic conditions on the company's balance sheet.
• Build and maintain financial models for ALM purposes, including cash flow forecasting, duration matching, and economic capital models.
• Work closely with the investment team to recommend portfolio and benchmark adjustments that align with liability-driven objectives and market conditions.
• Prepare detailed reports for senior management and stakeholders on ALM activities, risk exposures, and the performance of asset-liability strategies.
• Ensure compliance with relevant regulatory frameworks and reporting requirements related to asset and liability management for the insurance division.
• Utilize advanced analytical tools and techniques to track the performance of assets against liabilities and adjust strategies as needed to optimize the balance sheet.
• Guide asset-liability management risk considerations for new business (block reinsurance) and new product development (retail, flow reinsurance).
• Support Aquarian Business Development (i.e. M&A) projects.

Desired coursework & experience:

• Bachelor’s degree in Finance, Economics, Actuarial Science, or a related field; Master’s degree or CFA/FRM designation preferred.
• 10+ years of experience in asset-liability management, investment risk management, or a related field within the insurance or financial services sector.
• Strong proficiency in financial modeling, risk analytics, and scenario analysis; advanced Excel skills, and familiarity with ALM software (e.g., QRM, Bloomberg, etc.).
• In-depth understanding of insurance company accounting standards (U.S. Statutory Accounting Principles, U.S. GAAP, IFRS), investment strategies, actuarial principles, capital models (Bermuda Economic Balance Sheet, U.S. Regulatory Based Capital, rating agency capital models), and regulatory requirements.
• Excellent verbal and written communication skills with the ability to explain complex financial concepts to stakeholders.
• Strong analytical and problem-solving skills, with the ability to make data-driven decisions and provide actionable insights.

Seniority level

Director

Employment type

Full-time

Job function

Finance

Industries

Insurance