Financial Analyst I, Asset Liability Mangement

The Jackson National Life Insurance Company; Lansing (MI); Hybrid; USD 60,000 - 90,000; Full time

Job summary

The Jackson National Life Insurance Company in Lansing, MI seeks a Financial Analyst I in Asset Liability Management to support monitoring and hedging of the company’s asset/liability position. You will develop and maintain financial models, contribute to hedging strategies, and assist in model development and risk management processes.

Ideal candidates have strong quantitative skills, experience with SAS/R/Python, and proficiency in Excel/Word.

Qualifications

• Bachelor's degree in finance, actuarial science, economics, mathematics, or related field required.
• Advanced degree (Master’s or PhD) in a quantitative field preferred.
• In lieu of education, strong quantitative experience may be considered.

Responsibilities

• Updates and maintains financial models and hedging programs.
• Develops knowledge of annuity product designs and capital market instruments.
• Assists in model development, testing, validation, and implementation of changes.
• Prepares periodic hedging reports for ALM management.
• Provides research support and ad hoc analyses as needed.

Skills

Financial modeling

Quantitative analysis

Excel

Programming (SAS/R/Python)

Attention to detail

Communication skills

Education

Bachelor's degree in finance actuarial science economics mathematics or related field

Master's or PhD in quantitative field preferred

Tools

SAS

R

Python

MS Excel

MS Word

Job description

## Financial Analyst I, Asset Liability MangementApply: Lansing, MI: Full time: Posted Yesterday: REQ-03968***If you are an internal associate, please login to Workday and apply through Jobs Hub.***## **Job Purpose**## The Asset Liability Management (ALM) department works to protect Jackson's capital and its ability to cover the payouts guaranteed to its customers. To accomplish this goal, the ALM department regularly monitors Jackson's exposure to the market using financial models and manages that exposure through hedging and other risk management actions. The Financial Analyst will assist in the monitoring and risk management of Jackson's asset/liability position.## **Essential Responsibilities**## * Updates and maintains financial models and hedging programs.* Develops in-depth knowledge of annuity product designs and optional benefit features as well as capital market instruments (options, swaps, futures, etc.) and hedging concepts.* Determines modeling ramifications of Jackson’s new product offerings or changes to hedging strategies.* Prepares periodic hedging reports for use in decision making by ALM management.* Assists in the model development process, including testing, validation, and implementation of new coding changes.* Assists in the operation of financial controls and model risk management.* Develops improvements to methods, procedures, and systems.## **Other Duties**## * Provides research support for other departments’ information requests.* Performs ad hoc project analyses.* Performs other duties and/or projects as assigned.## **Knowledge, Skills and Abilities**## * Strong understanding of financial mathematics and modeling.* Extensive coursework and knowledge in statistics, math, economics, finance, or actuarial science.* Practical knowledge of financial instruments/derivatives preferred.* Strong quantitative and analytical skills.* Strong problem-solving skills and attention to detail.* Effective written and verbal communication skills.* Proficiency with MS Excel and Word.* Knowledge and experience with computer programming, especially in SAS, R, or Python.* Ability to handle multiple priorities in a timely and accurate manner and adapt to changing priorities as needed.## **Qualifications*** ## Bachelor's Degree in finance, actuarial science, economics, mathematics, or related field of study is required.* ## Advanced degree (Master’s or PhD) in quantitative field preferred.* ## In lieu of meeting the education requirements, candidates with strong quantitative experience in the fields mentioned above may also be considered .