Director, ALM Strategy & Optimization overseeing strategic objectives at Pacific Life through ALM strategies and risk management. Leading a team of professionals in a hybrid work environment.
Responsibilities
Motivating and leading a talented team of actuaries and cross collaborating with investment and technical professionals in continually striving to optimize Pacific Life’s ALM strategy
Through the use of ALM model projections and analysis, modeling assessing ALM strategies and risk positioning across economic, GAAP and Statutory (US and BMA) frameworks
Collaborate with the AVP ALM Strategy and Investment and Product Solutions (IPS) Team in development of new capital efficient and economically advantageous ALM solutions
Effectively communicating ALM strategic analysis to key stakeholders
Monitoring, maintaining and continuously evolving ALM strategic playbooks to manage risks related to market risk exposure, investment allocation and asset transfers
Actively collaborating with teams across the enterprise including Capital Management, Liquidity, Investment, IPS, Risk Management and Valuation to develop, evaluate and challenge explicit strategic ALM decisions or decisions impacting ALM strategy
Conducting R&D on different ALM strategies, methodologies, enhancements, etc. across economic, GAAP and Statutory (US and BMA) frameworks
Supporting R&D initiatives for product development, capital management, reinsurance optimizations, asset allocation and more
Supporting development, review, and challenge of market assumptions within the assumption governance framework
Requirements
7+ years experience with thorough knowledge of life insurance business, investments, financial markets and risk management
1-2yrs of experience in: Developing quantitative ALM or hedging strategies; Managing and executing ALM strategies or hedge programs; or Overseeing market risks and mitigation programs
Solid experience in financial concepts, Statutory, GAAP, economic value/capital
Experience with U.S. and Bermuda Regulatory Frameworks as they relate to ALM, a plus
Strong analytic skills to analyze market risk exposures and mitigation programs across the Enterprise
Experience with coding, specifically Python, and modeling
Strong written and verbal communication skills to effectively represent ALM positioning and strategies
Fellow of Society of Actuaries (FSA) or Chartered Financial Analyst (CFA) and additional training on financial engineering, quantitative finance is preferred
Benefits
Your Benefits Start Day 1
Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents
Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off
Paid Parental Leave as well as an Adoption Assistance Program
Competitive 401k savings plan with company match and an additional contribution regardless of participation
Director of Shopper Research managing accounts and delivering insights for data - driven decisions. Spearheading analytics and mentoring team members in a hybrid setting.
Director of Business Portfolio Management at Sun Life focusing on portfolio management and team leadership. Collaborating with stakeholders to drive strategic initiatives and reporting.
Real Estate Development Director at Continental Properties driving execution of multifamily projects and leading cross - functional teams in Menomonee Falls, WI.
Senior Director leading European Wholesale strategy and partnerships for Crocs. Overseeing a multi - country team and driving revenue and brand sustainability goals.
Dayforce Engagement Director overseeing and managing Dayforce program implementations for clients in Canada. Leading project teams and ensuring successful delivery and operational efficiency.
Director of Strategy Pricing & Interchange at Mastercard focusing on strengthening pricing strategies and collaborative projects across Europe with key stakeholders.
Senior Director responsible for mortgage origination, underwriting, and commitment in real estate at Canada Life. Leading commercial mortgage transactions and ensuring compliance with investment policies.
Associate Director in Life Sciences Advisory developing market access strategies for pharmaceutical companies. Overseeing consulting teams and managing client relationships in a transformative healthcare sector.
Associate Director in Life Sciences Advisory managing global market access and reimbursement projects. Collaborating with clients and teams to develop pricing strategies and commercialization solutions.
Associate Director managing Life Sciences advisory projects at Guidehouse. Leading project teams to deliver consulting solutions within the pharmaceutical and biotech sectors.