Senior Actuarial Analyst
Providence
SQL
Senior Managing Actuary, ALM
CNO Financial Group
full-time
Posted on:
Location Type: Remote
Location: Remote • Alabama, Florida, Illinois, Ohio, Wisconsin • 🇺🇸 United States
Visit company websiteSalary
💰 $170,200 - $255,200 per year
Job Level
Senior
Tech Stack
VBA
About the role
- Managing the company’s asset liability management (ALM) risks in coordination with 40|86, Actuarial and Finance
- Developing and maintaining programs required for managing A-L risk, including programs for measuring liability duration and hedging the Fixed Indexed Annuity and Indexed Universal Life products
- Supporting Actuarial Valuation for investment related needs, including the development and maintenance of asset models for cash flow testing and the development of investment and market related assumptions used in reserving
- Supporting Finance with the development and maintenance of program to allocate Net Investment Income and related analyses
- Supporting corporate initiatives including M&A and reinsurance
- Engaging with the Investment and ALM Committee and the Investment Committee of the Board of Directors as directed by the Chief Investment Officer
- Managing 1-2 direct reports in the completion of their assigned duties
- Working closely with 40|86 on duration management, hedging and actuarial matters
Requirements
- Are highly proficient in ALM, including hedging and duration management
- Possess investment knowledge, including modeling
- Exhibit good communication skills
- Demonstrate the ability to solve challenging technical problems
- Have knowledge of life, health, and/or annuity products
- Are proficient with Actuarial modeling systems, including Poly, Excel, VBA and/or BondEdge
- Possess Associateship in the Society of Actuaries (ASA)
- Bachelor’s degree in Actuarial Science, Mathematics, or a related field OR 8 years of relevant experience as equivalent
- 10 years of relevant actuarial experience
- Willingness to work Central or Eastern time zone business hours
- Experience managing direct reports (managing 1-2 direct reports)
Benefits
- medical insurance
- dental insurance
- vision insurance
- 401(k) retirement plan with company match
- short-term & long-term disability insurance
- Paid time-off and corporate holidays
- paid parental leave
- company paid life insurance
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
asset liability managementhedgingduration managementinvestment modelingActuarial modelingcash flow testingNet Investment Income allocationreserving assumptionsM&Areinsurance
Soft skills
communication skillsproblem solvingleadership
Certifications
Associateship in the Society of Actuaries
