Asset Model Specialist
Description
Group1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.
Job Summary
Group1001 is looking for an Asset Model Specialist to join us in our Actuarial Modeling Department.
Main Accountabilities
- Creates asset modeling inputs (BondEdge) for actuarial projection software (MG-ALFA).
- Researches, builds, reviews and validates security models for fixed income investments.
- Prepares and analyzes reports for portfolios containing diverse asset classes.
- Utilizes advanced data analysis tools and reports to assist with in-depth analysis and reporting.
- Communicates model results and impacts to internal customers.
- Collaborates with modeling actuaries in identifying assets that support a well-balanced company asset/liability position.
- Collaborates with internal departments (such as Investment Accounting and Middle Office) to validate models.
Qualifications
- Bachelor’s degree or higher in actuarial science, mathematics, statistics, accounting, finance, economics, or related field.
- 5+ years of related work experience in insurance, banking, investment or financial services industry, with a sound understanding of fixed income securities and derivatives
- Data analysis and/or modeling background helpful
- Excellent analytical skills and attention to detail
- Excellent written and oral communication skills
- Strong quantitative skills
- Advanced skills with Microsoft Excel and Access; BlackRock, BondEdge, MG-ALFA or programming experience a plus
- Must be able to multi-task, set priorities, and schedule own work to meet established timelines for short- and long-term deadlines, and be disciplined and organized in the efficient use of time.
Must apply sound judgement and logic to tasks and projects