VP Asset Liability Management

Purpose

The Vice President of ALM will be Athene’s officer, accountable for overseeing the Liability Driven Investment process and monitoring ALM exposures relative to Athene’s ALM Risk Policy. The individual will lead the ALM process, including proposing strategies and communicating material ALM issues to executive management, the Board of Directors, and other stakeholders.

• Mature ALM frameworks and processes to most effectively manage and monitor ALM across the organization.
• Review ALM risk governance policies, limits, standards, and controls at least annually and recommend changes as appropriate.
• Ensure applicable governance around Athene’s SAA optimization, including objective‑function selection and corresponding limits and constraints for various uses.
• Actively monitor ALM position and limits and own the ALM Risk policy.
• Lead independent risk review of portfolio actions, including funding agreements, asset rotations, and large trades while assessing impacts to capital, liquidity, earnings, and VM22.
• Run quarterly Investment & Asset‑Liability Committee as lead coordinator.
• Lead creation of ALM analytics across interest‑rate, spread, convexity, prepayment, and cash‑flow risks, partnering closely with Actuarial while preserving independent oversight and challenge.
• Deliver or coordinate ad‑hoc stress testing and scenario analysis for senior management.
• Measure and report current ALM position relative to board‑approved risk limits and targets.
• Ensure ALM risk taken is in accordance with Risk Appetite and that the proper risk framework is deployed to measure, monitor, and control the risk consistent with overall enterprise requirements.
• Collaborate with Apollo on implementation of appropriate hedging strategies to mitigate ALM risks and ensure optimal accounting and performance measurement.
• Partner with ISG and Apollo to create, develop, and implement new analysis, objectives, and initiatives around the SAA process and governance, reporting, and monitoring.
• Champion Capital Markets Assumptions collaboration across Athene and Apollo for consistency in Plan, SAA, and liability pricing with Assumptions Oversight Committee approval.
• Lead communication of material ALM issues to executive management and the Board of Directors.

• Graduate or MBA degree in finance, economics, or mathematics.
• Preferably MBA, CFA, FRM, PRM, or a specialized degree in financial engineering or a similar discipline.
• Experience in life insurance, investment, and/or risk management.
• Senior executive experience in an asset management firm, money‑center bank, global insurer, or equivalent with 10+ years of experience.
• 5‑10 years of indirect or direct people‑leadership experience.
• Experience managing the general account of an insurance company preferred.
• Strong communication, presentation, and interpersonal skills with a proven ability to manage stakeholders effectively at all levels within the organization.
• Displays sound business judgment, leadership, and management skills.
• Collaborative style and demonstrated success contributing to a team environment.

Annual Salary: $ – $ USD. The salary is market competitive. Actual salary will be based upon geographic location, work experience, education, licensure requirements, and/or skill level and will be finalized at the time of offer. Depending on the role, a discretionary bonus plan or variable sales incentive may be included.

Athene is committed to inclusion and is proud to be an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, marital status, sexual orientation, veteran status or any other status protected by federal, state or local law.