CNO Financial Group

CNO Financial Group’s Actuarial Department is hiring a Director, Actuary ALM (Asset Liability Management), to develop strategies to manage interest rate risk for all company products and to hedge guarantees of the Guaranteed Lifetime Withdrawal Benefit (GLWB) rider attached to the Fixed Index Annuity product.. test, and evaluate strategies to manage interest rate risk and hedge equity market exposures.. and maintain the programs used in the Asset Liability Management (ALM) unit.. actuarial student and recurring responsibilities of the ALM unit assigned to the direct report (Valuation support, EIUL liability hedge data, asset modeling, net investment income allocations).. solid programming skills in Excel/VBA.

management

The stated pay range is based on a national-average location. Actual salary is determined by factors including relevant work experience, skills and location. This position is bonus eligible. CNO Financial Group’s Actuarial Department is hiring a Director, Actuary ALM (Asset Liability Management), to develop strategies to manage interest rate risk for all company products and to hedge guarantees of the Guaranteed Lifetime Withdrawal Benefit (GLWB) rider attached to the Fixed Index Annuity product. This is your opportunity to work closely with 40|86 advisors to implement the strategies and with Actuarial Valuation to update and maintain the liability models.As a Director, Actuary ALM (Asset Liability Management), your responsibilities will include:<ul><li>test, and evaluate strategies to manage interest rate risk and hedge equity market exposures.</li><li>and maintain asset models used in Polysystems for strategy development and as used by Actuarial Valuation for Asset Adequacy Analyses.</li><li>with 40|86 and Valuation to coordinate and implement strategies and models.</li><li>and maintain the programs used in the Asset Liability Management (ALM) unit.</li><li>actuarial student and recurring responsibilities of the ALM unit assigned to the direct report (Valuation support, EIUL liability hedge data, asset modeling, net investment income allocations).</li></ul> The Director, Actuary ALM (Asset Liability Management), position is well-suited for you if you:<ul><li>working experience in actuarial modeling systems, specifically Polysystems.</li><li>experience in ALM including hedging and duration management.</li><li>investment knowledge including modeling.</li><li>challenging technical problems.</li><li>strong knowledge of life, health, and annuity products, especially Fixed Index Annuities.</li><li>an outstanding communicator (both written and verbal communication).</li><li>solid programming skills in Excel/VBA.</li></ul> What you’ll need:<ul><li>degree in actuarial science, Mathematics or equivalent.</li><li>of the Society of Actuaries ASA (required).</li><li>years of related work experience.</li><li>with cashflow testing or project based corporate actuarial work.</li><li>years of experience specifically with ALM & asset-modeling.</li></ul> What will set you apart:<ul><li>of the Society of Actuaries FSA (preferred).</li><li>location in Central or Eastern US time zone is preferred OR willingness to work Central or Eastern time zone business hours.</li></ul> The Company offers the following benefits for this position, subject to applicable eligibility requirements:<ul><li>insurance</li><li>insurance</li><li>insurance</li><li>retirement plan with company match</li><li>& long-term disability insurance</li><li>time-off and corporate holidays,</li><li>parental leave</li><li>paid life insurance</li></ul>Click on this link for additional information. CNO embraces flexibility and encourages you to work where you’re most productive. Associates who live within a 60-mile radius of a corporate office (Carmel or Chicago) have access to come into that office.Associates who live outside of a 60-mile radius of a corporate office (Carmel or Chicago) may perform this role full-time work from home (WFH) from any US based location, as long as you are willing to work central or eastern time zone hours.All associates may be asked to travel to varying corporate offices periodically. Work cannot be performed from outside of the United States. CNO provides life and health insurance, annuities, financial services, and workforce benefits solutions through our family of brands and supported by our associates and agents. Our customers work hard to save for the future, and we help protect their health, income and retirement needs with 3.2 million policies and more than $35 billion in total assets. Our 3,400 associates, 8,600 exclusive agents and independent partner agents guide individuals, families and businesses through a lifetime of financial decisions.We are financially strong and well positioned for continued growth, and we are grounded in our core values of Diversity, Equity & Inclusion (DE&I); Integrity, Customer Focus, Excellence, and Teamwork. We have offices in more than 260 communities in the U.S., including our headquarters in Carmel, Indiana, and corporate offices in Birmingham, Chicago, Orlando and Milwaukee.At CNO Financial Group, we’re always looking forward—to the security and stability we help create for our insurance brands’ customers, and the growth we create within our own company. We&#39;re looking for ambitious people who want to do more. We&#39;ll provide you with opportunities to grow your skills through challenging professional experiences.If you&#39;re looking for a culture that encourages development, helps you reach your potential, and rewards you for your contribution, then CNO Financial Group is right for you. For more information, visit CNOinc.com.We are an equal opportunity employer and value diversity at our company. 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. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

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