Lead Asset Modeling Actuary

Lead Asset Modeling Actuary page is loaded## Lead Asset Modeling Actuary locations:
Lansing, MItime type:
Full time posted on:
Posted Todayjob requisition :
REQ-03642
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***** Job Purpose**### Responsible for complex actuarial projects and processes in product development, financial modeling, financial reporting, risk analysis, asset modeling, or data analysis, as applicable.  Performs the highest-level activities related to the application of advanced actuarial principles for insurance/finance. Through collaboration with technical teams, leads initiatives associated with the development of actuarial models, databases, and methodologies.
** Essential

Job Responsibilities *** ### Manages the modeling of general account asset cash flows in MG-ALFA/Integrate.  + ### Where necessary, develops assumptions based on industry research/experience.  + ### Utilizes existing MG-ALFA/Integrate functionality and creates new functionality for cash flow projection.  + ### Coordinates with asset managers and investment accounting to collect asset data.  + ### Collaborates with liability modelers to implement asset modeling and manage reporting timelines.
* ### Collaborates with asset liability management (ALM) to test strategic asset allocation portfolios.* ### Trains liability modelers to understand asset structures and evaluate asset cash flow projections.* ### Supports asset related aspects of regulatory filing requirements (e.g., AG55 & AG53).* ### Leads cross-functional and cross-departmental team meetings, meetings with senior management, and meetings with external parties.* ### Works independently, setting priorities and deadlines, and sharing status with senior management.
* ### Communicates with actuarial associates at all levels, cross-departmental associates at all levels, and external parties, orally and in writing.* ### Composes reports and presentations for senior management.* ### Provides senior manager level review of proposed actuarial methodology changes, new product implementations, and the work product of project teams.* ### Directs processes for production of actuarial output, such as calculated reserves, cash flow projections, product pricing, experience data, etc.
* ### Drives initiatives for improving methods and procedures, as necessary, to increase efficiency and improves controls.* ### Leads cross-functional and cross-departmental projects, creating project plans and assigning tasks.* ### Develops specific skills of cross-functional team staff for projects and control deployment.* ### Serves as an expert resource for the company in several areas of regulatory, professional, or technical knowledge.* ### Finds issues, proposes solutions, identifies and secures resources, and resolve.
* ### Directs the identification of risks and development of mitigating controls.* ### Pursues emerging technical knowledge and represent Jackson at industry forums.
** Other Duties*** ### Performs other duties and/or projects as assigned.##
** Knowledge, Skills & Abilities*** ### Ability to model general account asset cash flows using actuarial software.* ### Extensive knowledge of various debt and private equity assets and their structures  + ### Corporate bonds  + ### Commercial mortgage loans  + ### Structured debt (RMBS, CMBS, ABS, ABF, etc.)  + ### Private debt (direct lending, etc.)* ### Ability to work with asset managers.
* ### Extensive knowledge of asset/liability management concepts, such as cash flow matching, durational matching, etc.* ### Expert knowledge of actuarial mathematics/concepts and ability to lead others in applying those concepts to work product.* ### Expert in one or more of insurance product lines (life, annuities). Advanced knowledge in one or more other lines.* ### Expert in at least one key field of actuarial work (pricing, financial reporting, data analysis, or modeling).

Advanced experience in at least one other key field of actuarial work.* ### Firm understanding of all fields of actuarial work.* ### Expert knowledge of several actuarial applications used by Jackson, such as SAS, Python, ALFA, etc.* ### Understanding of industry advancements, best practices and technology initiatives.* ### Ability to guide cross-functional and cross-departmental project teams to implement advanced changes to applications.
* ### Ability to envision process and model improvements and develop approaches to implement the improvements.* ### General to advanced understanding of several processes applied across the Jackson actuarial department.* ### Ability to organize and lead large-scale projects.* ### Ability to communicate highly analytical and complex ideas to broad spectrum of audiences, including external parties, both in writing and orally.* ### Ability to write effective formal reports for senior management and external parties.
* ### Ability to lead cross-function and cross-departmental team meetings.* ### Strong analytical and…