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Sr. Director, Actuary - ALM - REMOTE

CNO Financial GroupCarmel, United States4mo ago
FlexibleIndividual AnnuitiesIndividual Life ProtectionAsset-Liability ManagementCapital Modelling & Economic CapitalReserving & Valuation

Role Summary

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HIGHLIGHTS

Senior director-level ALM actuary (Life & Annuities) responsible for asset-liability management, hedging and duration strategies for fixed indexed annuities and IUL products. You will develop asset models for cash-flow testing, support valuation and capital allocation, engage with investment committees, and supervise a small ALM team. Remote-friendly role based in the US (Carmel, IN / remote within US).

JOB DESCRIPTION SUMMARY

  • Lead ALM for life and annuity products, including hedging and duration management
  • Develop and maintain asset models for cash-flow testing and reserving assumptions
  • Support finance on net investment income allocation and capital management
  • Manage a small team (1–2 direct reports) and engage Investment/ALM committees
  • Remote-friendly US role; willingness to work Central or Eastern time preferred

DOMAIN EXPERTISE

  • ALM and hedging/duration management
  • Fixed indexed annuity and indexed universal life products
  • Asset modelling and cash-flow testing
  • Net investment income allocation and capital analyses

KEY REQUIREMENTS

  • 10+ years of relevant actuarial experience
  • Associate of the Society of Actuaries (ASA) required
  • Bachelor’s degree in Actuarial Science, Mathematics, or related field
  • Strong ALM proficiency including hedging and duration management
  • Experience with actuarial modelling systems (Poly), Excel and VBA

TECH STACK

  • Excel