Asset Liability Management Leader jobs in United States
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Nationwide · 16 hours ago

Asset Liability Management Leader

Nationwide is a Fortune 100 company with nearly $70 billion in annual sales, dedicated to delivering extraordinary care to its customers. The Asset Liability Management Leader will play a critical role in shaping investment strategy and risk targets, leading quantitative and qualitative analysis to optimize asset allocation and manage risks across the Nationwide Financial portfolio.

BankingFinancial ServicesInsuranceLife Insurance

Responsibilities

Leads the development, proactive refinement, and performance management for all investment strategies backing Nationwide Financial liabilities. This is done in collaboration with investment, treasury, and risk teams
Leads the development and tracking of hedging strategies to manage balance sheet risks associated with investment strategy dynamics. (i.e. interest rate exposures, time delay exposures, etc.)
Ownership for driving product, institutional, and M&A deal competitiveness for pricing elements related to ALM factors
Key contributor to liquidity risk monitoring and management via defining drivers of liquidity draws and informing liquidity ladder usage for liquidity needs
Owns development of asset warehouse allocation decision framework to support Nationwide Financial businesses
Owns calculation, reporting, and optimization of IMR and internal asset tracking measurements. Connects this information with investment strategy development to further refine actual strategies and approach
Advisor to Valuation teams on asset selection and other asset related decisions (IMR, disinvestment, reinvestment) to optimize principles-based reserve and capital calculations
Partners with Enterprise Risk Management the Office of Investments to execute ALM strategies and ensure strategies align to risk tolerances
Interacts with regulatory bodies and trade groups on actuarial elements of ALM for Nationwide Financial
Provide thought leadership across modeling and forecasting of investment income, capital, liquidity, and other asset related aspects to actuarial functions
Lead balance sheet optimization across multiple product lines in partnership with business line CFOs, actuarial, and business product teams
Build and maintain quantitative risk frameworks to support ALM decisions and monitor risks
Ensure compliance with regulatory requirements and internal risk policies both domestically and in evaluating potential offshore opportunities
Serve as a key liaison to the Asset Liability Committee (ALCO) and other governance bodies
Represent ALM in enterprise risk forums and strategic planning sessions
Lead a team of ALM professionals and analysts, providing mentorship and performance oversight
Works with Controllership, Accounting Policy and Tax to support asset and asset related accounting decisions
Drive modernization of reporting ecosystems and automation initiatives
May Perform Other Responsibilities As Assigned

Qualification

Asset Liability ManagementQuantitative analysisInvestment strategy developmentActuarial designationCapital markets knowledgeRisk managementAnalytical skillsTeam leadershipCommunication skillsProblem-solvingDetail oriented

Required

Undergraduate degree in finance or quantitative field
Understands fixed income, equity, alternative, and derivative asset class concepts and relationships
Knowledge of insurance and financial services products
Collaborative with exceptional analytical, critical thinking, and problem-solving capabilities
Excellent written and verbal communication skills
Team oriented
Composed and decisive under pressure or when challenged
Driven, self-motivated, and inquisitive
Creative, organized, responsive, and detail oriented
Able to apply financial knowledge and methods to address investment questions and facilitate improved decision making
Deep understanding of capital markets, risk management, insurance products, and insurance capital frameworks (regulatory and rating agency)
Knowledge of related accounting, and tax concepts is beneficial

Preferred

Actuarial designation (FSA or ASA) or Chartered Financial Analyst (CFA)
10 or more years of experience in investments and/or previous ALM experience within the financial services industry
Significant experience leading people and projects related to investments and finance

Benefits

Medical/dental/vision
Life insurance
Short and long term disability coverage
Paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date
Nine paid holidays
8 hours of Lifetime paid time off
8 hours of Unity Day paid time off
401(k) with company match
Company-paid pension plan
Business casual attire
And more.

Company

Nationwide

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Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States.

Funding

Current Stage
Late Stage

Leadership Team

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Jim Grafmeyer
VP, Chief Enterprise Architect
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Tony Fenton
Vice President Commercial Lines Underwriting & Product - Commercial, E&S and Specialty
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Company data provided by crunchbase