Apply on Employer Site

CNO Financial Group · 3 months ago

Sr. Director, Actuary - ALM - REMOTE

United States

Full-time

Remote

Senior Level, Lead/Staff

$170K/yr - $255K/yr

10+ years exp

CNO Financial Group is hiring a Senior Managing Actuary – ALM to work with 40|86, Actuarial and Finance to be responsible for the company’s asset-liability management activities. This role includes developing strategies to manage interest rate risk and supporting finance and actuarial valuation activities related to asset management.

Financial Services

Responsibilities

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

Qualification

Asset-Liability Management (ALM)Actuarial modeling systemsInvestment knowledgeHedgingDuration managementLifeHealth productsExcelVBAPolyBondEdgeAssociateship in Society of ActuariesCommunication skillsProblem-solving skills