Sr. Financial Analyst, Asset Liability Management

Jackson; Lansing (MI); On-site; USD 80,000 - 100,000; Full time

Job summary

Jackson is looking for a Sr. Analyst in Lansing, Michigan, to perform complex analysis for its Asset Liability Management department. This position focuses on modeling and managing the company's general account assets, requiring strong financial mathematics skills and experience in quantitative analysis.

The ideal candidate will have a Bachelor's degree in finance or related fields, with 3+ years of relevant experience. Excellent analytical, problem-solving skills, and proficiency in MS Excel are essential. This role supports Jackson in protecting its capital and customer payouts.

Qualifications

• 3+ years of experience in a similar role performing complex statistical, economic, or financial analysis.
• 1+ years of similar experience with a PhD.
• Strong knowledge of financial instruments/derivatives preferred.

Responsibilities

• Independently performs modeling of general account assets.
• Determines modeling ramifications of Jackson’s general account asset holdings.
• Implements improvements to asset models, methods, and systems.

Skills

Financial mathematics and modeling

Statistics

Math

Economics

Finance or actuarial science

Problem-solving skills

Attention to detail

Proficiency with MS Excel

Computer programming knowledge

Education

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

Master's Degree or PhD in quantitative field

Job description

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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 statistical models and manages that exposure through hedging and other risk management actions. The Sr. Analyst, General Account Assets will perform high-level, complex analysis in the modeling and risk management of Jackson's general account asset holdings. The primary focus for this position will be the modeling of assets and supporting the various ALFA actuarial models.

Essential Responsibilities

• Independently performs modeling of general account assets.
• Determines modeling ramifications of Jackson’s general account asset holdings.
• Utilizes in-depth knowledge of annuity product designs and optional benefit features as well as capital market instruments (options, swaps, futures, etc.) and hedging concepts.
• Assists in preparation of quarterly asset reports.
• Implements programming code changes as part of the model development process.
• Assists in the testing/validation of model changes.
• Implements improvements to asset models, methods, procedures and systems.
• Independently models assets for use in the MG-ALFA system.
• Utilizes in-depth knowledge of asset structures, characteristics and features.
• Reviews work product of less experienced analysts and provides training, as necessary.

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

• Excellent understanding of financial mathematics and modeling.
• Extensive coursework and knowledge in statistics, math, economics, finance or actuarial science.
• Strong 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.
• Knowledge and experience with computer programming.
• 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 required.
• Master's Degree or PhD in quantitative field preferred.
• 3+ years years of experience in a similar role performing complex statistical, economic, or financial analysis required.
• 1+ years of similar experience with a PhD required.

Jackson is proud to be an equal opportunity workplace. The Company subscribes to and endorses federal and state laws and regulations relating to equal employment opportunity for all persons without regard to race, color, religion, gender, age, national origin, legally-recognized disability, marital status, legally-protected medical condition, citizenship, ancestry, height, weight, sexual orientation, veteran status, or any other factor not related to the needs of the job. The Company is committed to a policy of equal opportunity. Company facilities and campuses are tobacco-free environments.