At Allianz Life, we are guided by our mission – we secure your future – and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue their retirement goals. We care for our community by giving time, resources, and donations. And we care for the future by supporting sustainability, protecting the local environment, and promoting societal equity.

What you do:

You will be responsible for conducting in-depth analysis of our company's assets and liabilities. Your main task will be to develop and support strategies that improve the company's financial performance, ensuring alignment with risk tolerance and supporting long-term growth. In addition, you will prepare comprehensive and actionable analysis for the portfolio management team and other teams, covering interest rate risk, credit risk, liquidity risk, non-financial risks, and capital. This will help optimize the asset and liability management of our life insurance company, supporting its long-term financial stability and profitability. To perform this work you will also support the development of the ALM model and tools as well as assist the actuarial function with ALM-related topics for PBR, CFT, and model assumptions. Your reporting line will be to the AIM VP – ALM.

Specific responsibilities include:

1. Asset and Liability Analysis: Conducting comprehensive and actionable ALM analysis of the company's asset and liability positions. This will involve evaluating risks related to interest rates, credit, liquidity, and market fluctuations for the portfolio management team. You will also monitor and analyze financial performance metrics, such as duration gap, cashflow mismatch, and liquidity. In addition, you will identify and report trends, risks, and opportunities to senior management for informed decision-making.

2. Strategic Asset Allocation: Assisting in the development and maintenance of the Strategic Asset Allocation (SAA) framework. This will involve ensuring that the framework aligns with the company's risk and return objectives. Working closely with asset class specialists, you will analyze and assess different asset classes and their risk-return characteristics. You will also consider the impact on liability and surplus positions, as well as capital generation.

3. Financial Modeling and Forecasting: Developing and maintaining sophisticated financial models that project and stress test the impact of different scenarios on the company's assets and liabilities. This will include providing accurate financial forecasts and insights to support strategic planning and risk management efforts. This will include extending the ALM model to address the scenarios being tested by modifying the model, writing requirements, and model testing and incorporating relevant changes into the production model. You will also support the actuarial function with ALM-related modeling for cash flow testing and PBR. It is important to ensure compliance with regulatory requirements and accounting standards related to asset and liability management.

What you bring:

·       4+ years of experience required: Minimum 3+ years of experience within a life insurance company or related financial services company in areas that are related to ALM. Strong actuarial or investment modelling experience from first principles including use of actuarial modeling software. Demonstrated written and verbal communication skills to an executive audience.

·       Four-year degree required: Quantitative field including mathematics, engineering, economics, actuarial science or related.

·       Candidates must be legally authorized to work in the U.S. without requiring sponsorship. We do not offer sponsorship for this position.

Range $65,000 - $146,000

Actual base salary may vary based upon factors such as relevant experience, qualifications, internal equity of peers, and geographic location. In addition to base salary, this position is eligible for an annual incentive program. 

What we offer:

At Allianz Life, we’re proud to provide a benefits package that supports the True Balance of our employees and their families. We offer: a choice of comprehensive medical, dental and vision plan options, health savings account, tuition reimbursement, student loan retirement plan, annual paid leave, an outstanding 401(k) company match, and life insurance. Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that welcomes, includes and celebrates diversity. Our great benefits, campus amenities and inclusive, engaged culture are among the many reasons we’re recognized as a top workplace employer.

64336 | Asset & Investment Management | Professional | Allianz US Life | Full-Time | Permanent
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Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

Join us.  Let’s care for tomorrow.   #LI-TD1