Job Details

Senior Managing Actuary ALM

CNO Financial Group is hiring a Senior Managing Actuary ALM to work with Actuarial and Finance to manage the companys asset?liability management activities. The role involves developing strategies to manage interest rate risk and hedge market risks, supporting finance in ALM and capital management activities, and collaborating on asset models for valuation.

Responsibilities

• Manage the companys ALM risks in coordination with Actuarial and Finance.
• Develop and maintain programs for measuring liability duration and hedging Fixed Indexed Annuity and Indexed Universal Life products.
• Support Actuarial Valuation by developing and maintaining asset models for cash flow testing and creating investment and market related assumptions used in reserving.
• Assist Finance with the development and maintenance of a program to allocate Net Investment Income and related analyses.
• Support corporate initiatives including M&A and reinsurance.
• Engage with the Investment and ALM Committee and the Investment Committee of the Board of Directors as directed by the Chief Investment Officer.
• Manage 1?2 direct reports in the completion of their assigned duties.

Qualifications

• Highly proficient in ALM, hedging, and duration management.
• Investment knowledge, including modeling.
• Ability to solve challenging technical problems.
• Knowledge of life, health, and/or annuity products.
• Proficiency with actuarial modeling systems such as Poly, Excel, VBA, and/or BondEdge.
• Associate of the Society of Actuaries (ASA) required.

What youll need

• Bachelors degree in Actuarial Science, Mathematics, or a related field.
• Associate of the Society of Actuaries (ASA).
• 10 years of relevant actuarial experience.

What will set you apart

• Fellow of the Society of Actuaries (FSA) with a Finance and Investment Track.
• 5 or more years of ALM experience.
• Willingness to work Central or Eastern time zone business hours.

Benefits

• Medical, dental, and vision insurance401(k) retirement plan with company match
• Short?term and long?term disability insurance
• Paid time?off, corporate holidays, and parental leave

We are an equal opportunity employer and value diversity. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. Reasonable accommodations will be provided for individuals with disabilities.

For more information, visit CNOinc.com.